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Fortune Guarantee Plus vs Lic

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Fortune Guarantee Plus vs Lic

Fortune Guarantee Plus

Tata AIA Fortune Guarantee Plus by Tata AIA Life Insurance is an individual non-linked life insurance savings plan. It is designed to provide the dual benefits of financial security and guaranteed returns. This plan offers flexible premium payment options and a range of policy terms starting from 5 ...

Lic

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetim...

PLAN DETAILS

Fortune Guarantee Plus


Lic

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
Plan Maturity age 77 years Maximum Maturity Age - Whole life
Premium payment term 1 to 12 years -
Plan Entry Age Minimum Age - 1 year Maximum Age - 60 years Minimum Age - 25 years Maximum Age - 100 years
Sum assured No limit Rs 1 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum- 5 years, Maximum- 17 years Minimum term - 5 years Maximum term - Whole life
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%

Know More About Plans

Tata AIA Fortune Guarantee Plus by Tata AIA Life Insurance is an individual non-linked life insurance savings plan. It is designed to provide the dual benefits of financial security and guaranteed returns. This plan offers flexible premium payment options and a range of policy terms starting from 5 to 17 years, giving the option to customize the plan to fulfill your unique needs. 

Tata Fortune Guarantee Plus offers two different plan options,  giving the flexibility to choose between regular income or regular income with built-in critical illness benefits. In short, Tata AIA Fortune Guarantee Plus is ideal for individuals looking to secure their family's future while enjoying the peace of mind that comes with guaranteed returns.

Tata AIA Fortune Guarantee Plus Plan offers you a range of benefits including:

why-choose
  • Flexibility to choose an income period
  • Get a return of premium at the end of the income period
  •  Choice to receive income – monthly or yearly
  • Cash bonuses
  • Option of joint life cover

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