| Year | Premium Paid | Income Received | Benefit/Status |
|---|
The PlanMyReturns Tata AIA Fortune Guarantee Supreme Calculator helps you understand how much guaranteed income, maturity benefit, and overall returns you can expect from the Tata AIA Fortune Guarantee Supreme plan.
This calculator is designed for people who want clarity before buying a guaranteed income insurance plan, not brochure-level numbers.
What Is Tata AIA Fortune Guarantee Supreme?
Tata AIA Fortune Guarantee Supreme is a non-linked, non-participating life insurance plan that provides:
- Guaranteed income payouts
- Optional immediate or deferred income
- Life cover during the policy term
- Guaranteed maturity benefit
- Predictable cash flows with no market risk
It is commonly used for retirement income planning, long-term fixed income, and capital protection.
Why Use a Tata AIA Fortune Guarantee Supreme Calculator?
People usually search for this calculator to answer questions like:
- How much guaranteed income will I receive?
- Should I choose deferred income or immediate income?
- What is the real IRR of this plan?
- How much total benefit do I get compared to premium paid?
- Is this better than FD, SWP, or other guaranteed plans?
This calculator answers all of that clearly.
What This Calculator Shows You
Using your inputs, the calculator estimates:
- Total premium paid over the premium payment term
- Guaranteed income amount (yearly or monthly)
- Total income received over the income period
- Guaranteed maturity benefit
- Grand total benefit (income + maturity)
- Indicative IRR (internal rate of return)
- Year-wise policy schedule (premium, income, maturity)
All calculations follow policy illustration logic, not assumptions.
Inputs Used in This Calculator
The calculator uses the same inputs shown in the plan brochure:
- Annual premium
- Life assured age
- Policy term (PT)
- Premium payment term (PPT)
- Income option (Deferred or Immediate)
- Income frequency (Yearly or Monthly)
- Gender (female discount applied automatically)
Income Options Explained
Deferred Income Option
- Premiums are paid for a limited number of years
- Income starts after a deferment period
- Suitable for retirement or future income planning
- Higher maturity benefit along with income
This option is commonly chosen by people planning income 10–15 years later.
Immediate Income Option
- Income starts soon after policy inception
- Suitable for current income needs
- Lower deferment, faster cash flow
This option works well for people who want steady income immediately.
Income Frequency: Monthly or Yearly
- Yearly income gives higher single payouts
- Monthly income spreads the same income across months
The calculator automatically adjusts values based on the selected frequency.
How Returns Are Calculated (IRR Explained Simply)
This calculator shows IRR (Internal Rate of Return), which reflects the true annual return of the plan considering:
- All premium payments (outflows)
- All income payouts
- Maturity benefit
IRR helps you compare this plan fairly with:
- Fixed Deposits
- SWP
- Other guaranteed income plans
Example
Suppose a 35-year-old invests ₹1,00,000 per year for 6 years in Tata AIA Fortune Guarantee Supreme (Deferred Income).
The calculator may show:
- Total premium paid: ₹6,00,000 (with female discount if applicable)
- Guaranteed income for multiple years
- Guaranteed maturity benefit
- Total benefit significantly higher than total premium
- Indicative IRR visible instantly
Exact values depend on age, term, and option selected.
Key Takeaways (Decision-Focused)
- This is a guaranteed income plan, not a market product
- Returns are predictable and stable
- IRR is moderate but risk-free
- Best suited for income planning, not aggressive growth
- Deferred income gives better long-term value
- Female lives receive premium advantage
Tata AIA Fortune Guarantee Supreme vs Other Options
Vs Fixed Deposit
| Feature | Tata AIA FGS | FD |
|---|---|---|
| Returns | Guaranteed | Fixed |
| Tax efficiency | Better planning | Fully taxable |
| Income | Structured | Interest only |
| Life cover | Yes | No |
Vs SWP (Mutual Fund)
| Feature | Tata AIA FGS | SWP |
|---|---|---|
| Risk | No market risk | Market-linked |
| Predictability | High | Variable |
| Suitable for | Conservative investors | Growth-oriented |
Who Should Consider This Plan?
- Retirees planning stable income
- Conservative investors
- People looking for guaranteed cash flow
- Investors comparing FD vs insurance income plans
- Long-term income planners
How to Use This Calculator
- Enter annual premium
- Select age and policy details
- Choose income option and frequency
- Click Calculate
- Review income, maturity, IRR, and schedule
- Download CSV or share the plan
frequently asked questions
Yes. Income and maturity benefits are guaranteed as per policy terms.
IRR depends on age, premium term, and income option. The calculator shows the indicative IRR instantly.
This plan offers structured income and insurance benefits, while FD offers simpler interest income.
Yes. Monthly income option is available and supported in the calculator.
Yes, especially under the deferred income option.