The Tata AIA Fortune Guarantee Retirement Ready Plan is a comprehensive solution from Tata AIA Life Insurance designed to provide financial independence and financial stability for individuals and couples in their golden years. The plan offers three plan options: My Pension, Partner Pension, and Partner Pension Plus, each catering to different needs.
The plan offers guaranteed additions, such as a 6% guaranteed addition of the sum assured on vesting, and a lump sum Vesting Addition at the end of the policy term. Premium payment flexibility allows for customization to align with individual financial preferences. Special discounts, such as Smart Lady, Transgender, and Super 35 discounts, are available for customers under 35.
The Tata AIA Fortune Guarantee Retirement Ready Plan offers various options for vesting and death benefit, including using the entire proceeds for an annuity from the company, commuting up to 60%, or purchasing an annuity from another insurer. A 5% Vesting Booster is added if 100% of the Vesting Benefit is used to buy an annuity from the company. This plan provides financial confidence for individuals and couples during their retirement years.
