A more potent variant of Fortune Guarantee Pension, Tata AIA Life Insurance’s (Tata AIA Life) flagship annuity plan, has been released. It has better death benefits and higher annuity rates, making it essential for customers who want to enjoy a financially secure and worry-free retirement.
By offering a choice of specialized guaranteed income alternatives, the Tata AIA Life Fortune Guarantee Pension Plan assists consumers in saving enough money for retirement. The clients that it serves are diverse and include married people, women, and those who want to carry on living their current lifestyles in the future.
By assuring financial independence after retirement, Indian consumers may prepare for the retirement savings gap, which is expected to reach USD 85 trillion by 2050. t is also appropriate for SME clients that require a safety net in their personal lives. Fortune Guarantee Pension offers guaranteed life insurance as well as a steady retirement income. Samit Upadhyay, Chief Financial Officer, Tata AIA Life Insurance, said,”The plan helps our consumers save enough before they retire and ensures stable income when the regular salary income stops.”
