A Non-Participating Unit Linked Endowment Assurance plan
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
You have worked hard and smart to earn your money. Now make your money work harder and multiply itself. Introducing, Tata AIA Life Insurance Fortune Pro, a Non-Participating Unit Linked Endowment Assurance plan that makes your money grow steadily over time and also provides protection to your loved ones
This plan offers flexibility of policy duration which allows you to mould it into your different financial needs and adjusts itself to your desired level of growth.
Investment in this plan can help you fulfill your medium to long term goals such as children's education, retirement planning and wealth creation.
With Tata AIA Life Insurance Fortune Pro, let your money work smartly as you do.
|Minimum Issue Age (Age last birthday)||0 years (30 days)|
|Maximum Issue Age (Age last birthday)||59 years|
|Minimum Maturity Age (Age last birthday)||18 years|
|Maximum Maturity Age (Age last birthday)||75 years|
|Policy Term||15 to 40 years|
|Premium Paying Term||Single Pay
Limited Pay – 5 /7 and10years
Regular /Limited Pay – 15 and 20 years
|Pay Mode||Single, Annual, Semi-Annual, Quarterly, Monthly|
|Minimum Premium1||Single Pay –. Rs. 1,00,000
Regular / Limited Pay – Rs. 50,000 per annum
|Maximum Premium1||Single Pay –. Rs. 5,00,000
Regular / Limited Pay – Rs. 5,00,000 per annum
|Minimum Basic Sum Assured2||For Single Pay –
1.25 times the Single Premium
For Regular / Limited Pay –
Higher of (10* AP) OR (0.5*Policy Term * AP ) AP is Annualised Premium selected by the policyholder at the inception of the policy, excluding applicable taxes, cesses and levies or any other extra premium.
|Maximum Basic Sum Assured2||For Single Pay – 1.25 times the Single Premium
For Regular / Limited Pay –
1Increase or decrease in Premium is not allowed under this plan. If Premium is the starting point, Premium should be chosen to be a multiple of Rs.1000.
2Increase or decrease in Basic Sum Assured by changing the premium multiple is allowed subject to Underwriting and limit set by the company. If Basic Sum Assured is the starting point, Basic Sum Assured should be next higher multiple of Rs.1000.
INDUSIND Bank Limited (1749817) is the Corporate Agent of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. INDUSIND Bank Limited, 2401, Gen. Thimmayya Rd., (Cantonment), Pune - 411001. Participation by the Bank’s clients in the insurance products is purely on a voluntary basis. The contract of insurance is between Tata AIA Life and the insured and not between the bank and the insured.
Beware of Spurious Phone calls and Fictitious/Fraudulent offers:
IRDAI clarifies to public that
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