Tata AIA Life Insurance Fortune Guarantee

At a Glance

Tata AIA Life Insurance Fortune Guarantee - A Non-Linked, Non-Participating, Individual Life Insurance Savings Plan that offers lump sum guaranteed returns* on maturity of your invested premium to fulfill your future goals along with the life insurance cover throughout the policy term for the financial security of your loved ones.

At every stage of your life you have a milestone to achieve. Along with this you also carry the burden of any uncertainty happening & work towards being prepared to face the same. Life Insurance is the best way to protect your family from ­financial crisis in case of an unfortunate event and help you to fulfil your dreams. We present, Tata AIA Life Insurance Fortune Guarantee that provides life insurance cover throughout the policy term for the fi­nancial security of your family and a Guaranteed¹ lump sum benefit on maturity to fulfil your future goals. You can also enhance your protection cover with a wide range of riders.

Key Features

• Guaranteed* lump sum benefit on maturity.
• Life cover to protect your loved ones.
• Flexible policy term & premium paying term.
• Higher benefits for female lives.
• Tax benefits may be available of the Income-Tax Act, 1961^

¹Provided the policy is in force and all due premiums have been paid, on maturity. Maturity benefi­t depends on the entry age, gender, policy term, premium payment term and premium band

T&C Apply¹

Key Benefits

Death Benefit:

In case of death of the Life Assured during the Policy Term, provided the policy is in force, the Sum Assured on Death as defined below shall be payable.

The ‘Sum Assured on Death’ shall be the highest of the following

• Basic Sum Assured
• 105% of the Total Premiums Paid up to the date of death
• Maturity Sum Assured

Where,

“Basic Sum Assured” is 10 times of the Annualized Premium.

“Annualized Premium” shall be the premium amount payable in a year chosen by the policy holder, excluding the taxes, rider premiums underwriting extra premiums and loading for modal premiums, if any.

“Total Premiums Paid" means total of all the premiums received excluding any extra premiums, any rider premiums and taxes.

“Maturity Sum Assured” refers to the absolute amount of benefit which is guaranteed to become payable on maturity of the policy.

You are eligible for the following benefit under this product:

Maturity Benefits:

Maturity Sum Assured will be paid on maturity. The “Maturity Sum Assured" is equal to maturity benefit factor multiplied by Total Premiums Paid, where maturity benefit factor varies as per the policy term, premium paying term, gender, annualized premium band & entry age.

Eligibility

Plan Parameters
Minimum Issue Age	18 years less Policy Term or 0 years (30 days), whichever is higher
Maximum Issue Age	Premium Payment Term Age Single Pay (SA-I) 50 Single Pay (SA-II) 70 Limited Pay / Regular Pay (80 less Policy Term) or 65, whichever is lower
Max Maturity Age	Premium Payment Term Age Single Pay (SA-I) 70 years Single Pay (SA-II) 80 years Regular/Limited Pay 80 years
Policy Term	Premium Payment Term Policy Term Single Pay (SA-I) 5 to 20 years Single Pay (SA-II) 5 to 20 years 5 to 10 years 10 to 40 years 11 to 20 years PPT to 40 years
Premium Payment Term	Single Pay Limited Pay: 5 to 20 years Regular Pay: 10 to 20 years
Premium Mode	Single/Annual/Semi-annual/Quarterly/Monthly
Basic Sum Assured	Premium Payment Term Basic Sum Assured Single Pay (SA-I) 10 times Single Premium Single Pay (SA-II) DBM* times Single Premium Limited Pay 10 times Annualised Premium Regular Pay 10 times Annualised Premium * DBM indicates Death Benefit Multiple which is age at entry dependent. “Annualized Premium” shall be the premium amount payable in a year under Limited/Regular Pay chosen by the policy holder, excluding the taxes, rider premiums underwriting extra premiums and loading for modal premiums, if any. “Single Premium” shall be the premium amount payable under Single Pay chosen by the policy holder, excluding the taxes, rider premiums and underwriting extra premiums, if any
Minimum Annualised/Single Premium	For Single Premium (SA-II): Rs 5,000 Other PPT options: - Rs 24,000
Maximum Annualised/Single Premium	No Limit, Subject to Underwriting

#All reference to age is as on last birthday.

Disclaimer

• Buying a Life Insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premium paid.
• This product brochure should be read along with Benefit Illustration.
• This product is underwritten by Tata AIA Life Insurance Company Ltd. This plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.
• Insurance cover is available under this product.
• ^{^}Riders are not mandatory and are available for a nominal extra cost. For more details on benefits, premiums and exclusions under the Rider(s), please contact Tata AIA Life's Insurance Advisor/ Intermediary/ Branch.
• In case of non-standard lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines
• Risk cover commences along with policy commencement for all lives, including minor lives
• For more details on risk factor, terms and conditions under the product, please read Sales brochure carefully before concluding a sale
• All Premiums and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses, or levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium or interest. Tata AIA Life shall have the right to claim, deduct, adjust, and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy.

DBS Bank India Limited (IRDA of India Registration Number: CA 0257) having the registered office at GF: Nos. 11 & 12, Capitol Point BKS Marg, Connaught Place, Delhi - 110001 is the Corporate Agent of Tata AIA Life Insurance Company Limited. DBS Bank India Limited (Bank) does not underwrite the risk or act as an insurer. Fortune Guarantee (UIN:110N120V010) is underwritten by Tata AIA Life Insurance Company Limited. The contract of insurance is between the insurer and the insured and not between the Bank and the insured. Bank does not give any warranty, as to the accuracy and completeness of the policies. Bank does not accept any liability or losses attributable to your contract of Insurance. Participation by the Bank’s customers in the insurance products is purely on a voluntary basis and is not linked to availment of any other facility from the bank.

Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110 • CIN: U66010MH2000PLC128403). Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims and complaints, please contact our Insurance Advisor / Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or write to us at [email protected]. Visit us at: www.tataaia.com

The contents and product information of this web site are given strictly for your convenience and is indicative in nature and ‘as is’ received from the Insurer. Nothing contained herein is to be construed as advice, recommendation, offer for a policy or any other assistance. Bank does not guarantee that this website reflects latest amendments/ information at all times or at any time. Bank shall have no liability to the customer for any loss or damage of any kind incurred for reliance on the content and product information available on this website

For more details on risk factors, terms and conditions, exclusions, please read sales brochure of insurer and policy terms and conditions carefully before concluding a sale. Tax benefits are available as per the prevailing tax laws, which are subject to change.

For any information including cancellation, claims and complaints, please contact our Treasures Relationship Manager or visit DBS Bank India’s nearest branch office or Contact our 24-hour toll free customer service helpline number 1-800-209-4555 / 1-860-267-1234 or our overseas customer service number 91-44-66854555 or write to us at [email protected]. Visit us at: www.dbs.com/in

L&C/Advt/2023/Oct/3660

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS / FRAUDULENT OFFERS IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

How to Apply