Guaranteed Tax Savings
Under sec 80C & 10(10D)Life Cover
10 times of Annual PremiumZero LTCG Tax
Unlike 10% in Mutual Funds*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tata AIA Life Insurance Fortune Pro is a non-participating Unit Linked Endowment Assurance plan which creates wealth and also provides life coverage.
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Minimum |
Maximum |
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Entry Age (Last Birthday) |
30 days |
59 years |
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Maturity Age (Last Birthday) |
18 years |
75 years |
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Policy Term (PT) in years |
15 years |
40 years |
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Premium Paying Term (PPT) in years |
Single Pay Limited Pay -5/7/10 years Regular Pay – 15 and 20 years |
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Premium Paying Frequency |
Yearly, half-yearly, quarterly, monthly |
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Yearly Premium |
Single pay – 1 lakh Limited pay – 50,000 |
5 Lakhs for both Single and Limited Pay |
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Sum Assured |
Single Pay – 1.25 * Single Premium Limited Pay – higher of (10*annual premium) or (0.5*term*annual premium) |
Single Pay – 1.25 * Single Premium Regular/Limited Pay –
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Illustration for a 35 year old male paying 1 lakh as premium for a policy term of 20 years
Premium paying term |
Premium multiple |
Basic SA |
Total Maturity benefit @4% (including loyalty additions) |
Total Maturity benefit @8% (including loyalty additions) |
Single |
1.25 |
125,000 |
150,865 |
335,903 |
5 pay |
10 |
10,00,000 |
736,791 |
15,00,070 |
7 pay |
10 |
10,00,000 |
10,39,580 |
20,06,535 |
10 pay |
10 |
10,00,000 |
14,54,388 |
26,52,101 |
The benefit paid in case of suicide within 12 months of policy inception is the fund value as on that date.
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.