| Year | Premium Paid | Income Received | Benefit/Status |
|---|
Use this free Tata AIA Fortune Guarantee Supreme calculator to estimate your guaranteed income, maturity benefit, total returns and indicative IRR (Internal Rate of Return) before you buy the plan. Enter your annual premium, age, policy term, premium payment term and income option to get a complete year-by-year policy schedule instantly. No login required. No agent. No sales pitch.
What This Tata AIA Fortune Guarantee Supreme Calculator Shows You
Most insurance calculators are built by insurers or aggregators who want you to buy the plan. This calculator is built for independent decision-making. Here is exactly what it gives you.
8 outputs this calculator provides:
1. Total guaranteed income over the full income period The calculator shows you the complete rupee amount of guaranteed income you will receive over the entire income payout period, not just one year’s income. This is the number that matters for comparing plans.
2. Guaranteed maturity benefit The lump sum return of premium paid at the end of the policy term, shown separately from the income so you can understand exactly how each component contributes to your total benefit.
3. Grand total benefit (income plus maturity) The single most useful number for comparison: total cash you receive across the full policy lifecycle compared to total cash you put in.
4. Indicative IRR (Internal Rate of Return) This is the true annual return of the plan accounting for all premium outflows and all benefit inflows across the complete policy term. IRR is the only number that lets you fairly compare this plan against an FD, PPF, SWP or any other option.
5. Year-by-year policy schedule Every year of the policy term is shown in a table: premium paid, income received and benefit or status. You can see exactly when income starts, how long it continues and when the maturity benefit is paid.
6. Deferred versus immediate income comparison Switch between deferred income and immediate income options in seconds to compare which option gives you better total returns or IRR for your specific inputs.
7. Female discount applied automatically Tata AIA applies a 2 per cent discount on the first year premium for female lives. The calculator detects your gender selection and applies this discount automatically in all calculations.
8. CSV download and shareable plan link Export the full year-by-year schedule as a CSV file for offline review, or generate a personalised shareable link to send to a family member or financial advisor.
What Is Tata AIA Fortune Guarantee Supreme?
Tata AIA Fortune Guarantee Supreme is an Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan (UIN: 110N163V12) from Tata AIA Life Insurance Company Limited.
In plain terms, this means:
Non-Linked: Your money is not invested in the stock market. Returns are not market-linked. The plan is a traditional savings and insurance product.
Non-Participating: You do not share in the insurer’s profits. There are no bonus additions of any kind. Every rupee you receive is guaranteed from the day you sign the policy.
Life Insurance Savings Plan: The plan does both. It provides life cover for your family for the full policy term, and it provides guaranteed cash flows to you in the form of income payouts and a maturity benefit.
This combination makes Tata AIA Fortune Guarantee Supreme suitable for investors who want certainty over growth, particularly those close to or already in retirement, conservative investors who cannot tolerate market risk, and people who want guaranteed cash flows for a fixed income period.
How Tata AIA Fortune Guarantee Supreme Works
The structure of this plan has three phases.
Phase 1: Premium payment You pay a fixed annual premium for a limited number of years (6, 8 or 10 years depending on your chosen premium payment term or PPT). During this phase, your family is covered by life insurance equal to the sum assured.
Phase 2: Deferment or income start Depending on which income option you choose, income either starts immediately (Immediate Income option) or after a deferment period at the end of the policy term (Deferred or My Income option).
Phase 3: Income receipt and maturity You receive guaranteed income at your chosen frequency (yearly or monthly) for the income payout period. At the end of the policy term, you also receive 100 per cent of total premiums paid as the guaranteed maturity benefit (return of premium). Death cover continues throughout.
Income Options: Deferred vs Immediate
This is the most important decision when buying or comparing this plan. The PlanMyReturns calculator lets you switch between both options instantly.
Deferred Income (My Income Option)
Under the deferred income option, you pay premiums for your chosen PPT (6, 8 or 10 years) and income does not start until the end of the premium payment term or the policy term, depending on your configuration.
Who this suits: Investors in their 30s or 40s who are building a corpus for income that starts in retirement 10 to 20 years away. The deferred option accumulates income in a sub-wallet and pays it out in a structured way, typically yielding a higher IRR than the immediate option.
IRR range for deferred income: Typically 5.5 to 6.5 per cent depending on age, premium amount and policy term combination.
Immediate Income Option
Under the immediate income option, guaranteed income starts in the second policy year, before your premium payment term even ends. You receive two streams simultaneously: Guaranteed Immediate Income (GII) paid in advance, and Guaranteed Income (GI) paid in arrears.
Who this suits: Investors who need cash flow right away, for example someone paying premiums and simultaneously funding another expense. The income-while-paying structure is unusual and appeals to specific cash flow needs.
IRR range for immediate income: Typically 5.0 to 6.0 per cent, slightly lower than the deferred option because income starts earlier and the compounding period is shorter.
Policy Term and Premium Payment Term: All Combinations
The plan is available in three policy term and premium payment term combinations. Understanding which combination suits your goal is essential before using the calculator.
| Policy Term (PT) | Premium Payment Term (PPT) | Income Start |
|---|---|---|
| 25 years | 6 years | After premium payment ends (deferred) or from year 2 (immediate) |
| 32 years | 8 years | After premium payment ends (deferred) or from year 2 (immediate) |
| 35 years | 10 years | After premium payment ends (deferred) or from year 2 (immediate) |
How to choose the right combination: If you are 35 years old and want income from age 50, choose the 25-year policy term with a 6-year PPT under the deferred option. Income starts after the premium payment period and continues through the income period, which gives you structured cash flows from your mid-40s through to age 60.
If you are 30 years old and want income starting in your late 50s, choose the 35-year policy term with a 10-year PPT, which gives you a longer accumulation phase and typically the highest total benefit multiple.
Enter your age and goal year in the calculator above to see the projected output for each combination.
Tata AIA Fortune Guarantee Supreme IRR: What to Realistically Expect
IRR (Internal Rate of Return) is the single most important number to understand before buying any traditional savings plan. It is the true annual return of the plan accounting for all cash flows over the full policy term.
Based on published policy illustrations and independent analysis:
A 35-year-old male with a 25-year policy term, 12-year premium paying term and My Income option had an IRR of approximately 6.16 per cent. This is for a deferred income scenario where survival benefits are accumulated.
For the immediate income option, the IRR is typically lower than the deferred option because income starts earlier and the compounding benefit is reduced.
Tata AIA itself illustrates a projected IRR of 6 per cent for a 35-year-old male non-smoker paying 5 lakh annually for six years under the Fortune Guarantee Supreme plan.
What 6 per cent IRR means in practice: A 6 per cent IRR is broadly comparable to bank FD rates as of 2025 and is lower than PPF (currently 7.1 per cent). However, there are three differences you should account for when comparing:
- Life insurance cover: The plan provides life cover worth 7 to 12 times the annual premium throughout the policy term. A standalone term plan to replace this cover would cost additional premium.
- Tax treatment: Premiums qualify for Section 80C deduction under the old tax regime. Maturity benefits may be tax-free under Section 10(10D) if annual premium stays below 5 lakh rupees and sum assured is at least 10 times the annual premium.
- Guaranteed return: The 6 per cent is locked in for the full policy term. FD rates fluctuate with RBI policy and must be renewed at current rates at maturity.
The PlanMyReturns calculator shows the IRR for your specific inputs, which varies based on age, premium, term and income option. Use the calculator to see your personal IRR figure.
Tata AIA Fortune Guarantee Supreme vs FD: Honest Comparison
An analysis comparing this plan with PPF found that PPF delivered an IRR of 6.91 per cent, which is higher than the 6.16 per cent offered by the Tata AIA Fortune Guarantee Supreme plan.
| Feature | Tata AIA Fortune Guarantee Supreme | Fixed Deposit |
|---|---|---|
| Returns | Guaranteed, typically 5.5 to 6.5 per cent IRR | Fixed, currently 6.5 to 7.5 per cent in top banks |
| Return type | Tax-efficient (80C + 10(10D)) | Fully taxable as income |
| Life insurance cover | Yes, throughout policy term | No |
| Liquidity | Very low (surrender penalty applies) | Moderate (premature withdrawal with penalty) |
| Inflation protection | No (fixed income amount) | No (fixed rate) |
| Renewal risk | No (locked for policy term) | Yes (rate at renewal may be lower) |
| Suitable for | Conservative long-term income planning with insurance | Short to medium term parking, higher liquidity need |
The key advantage of this plan over FD: The combination of insurance cover plus structured long-term guaranteed income in a tax-efficient wrapper is something an FD cannot replicate. If you need income from a specific year in the future and want zero market risk, this plan delivers that with certainty.
The key advantage of FD over this plan: Higher effective IRR for most age and term combinations, significantly better liquidity and simplicity.
Tata AIA Fortune Guarantee Supreme vs PPF
| Feature | Tata AIA Fortune Guarantee Supreme | PPF |
|---|---|---|
| Current IRR | 5.5 to 6.5 per cent | Approximately 7.1 per cent |
| Returns guaranteed | Yes | No (rate reviewed quarterly by government) |
| Lock-in | Policy term (25 to 35 years) | 15 years, extendable in 5-year blocks |
| Tax on maturity | Tax-free (if conditions met) | Always tax-free |
| Life cover | Yes | No |
| Loan facility | No | Yes (from year 3) |
| Partial withdrawal | After 3 years subject to conditions | After year 7 |
| Annual contribution limit | No upper limit on premium | Maximum 1.5 lakh per year |
When PPF beats this plan: PPF offers a currently higher IRR, full tax-free treatment with no premium threshold conditions, government-backed safety and higher liquidity. For pure wealth accumulation, PPF is typically superior.
When this plan may suit better: If you need more than 1.5 lakh per year invested in a guaranteed instrument with life cover, or if you want a fixed income stream from a specific future date that PPF’s withdrawal structure does not offer efficiently.
Use the PPF Calculator at PlanMyReturns alongside this tool to compare projected values directly.
Tata AIA Fortune Guarantee Supreme vs SWP (Mutual Fund)
| Feature | Tata AIA Fortune Guarantee Supreme | SWP (Systematic Withdrawal Plan) |
|---|---|---|
| Income certainty | 100 per cent guaranteed | Variable (depends on fund NAV) |
| Market risk | None | Present |
| Life cover | Yes | No |
| Income flexibility | Fixed at policy start | Adjustable anytime |
| Returns potential | 5.5 to 6.5 per cent IRR | Potentially 10 to 14 per cent over long term |
| Tax on withdrawals | Tax-free maturity (if conditions met) | LTCG at 12.5 per cent above 1.25 lakh |
| Suitable for | Risk-averse, income certainty required | Growth-oriented, comfortable with market ups and downs |
An ELSS investment analyzed alongside this plan delivered a post-tax IRR of 11.16 per cent, significantly higher than the 6.16 per cent from the Tata AIA plan, though with considerably higher risk and market-linked volatility.
Sub-Wallet Feature: How It Works
The sub-wallet is one of the distinctive features of Tata AIA Fortune Guarantee Supreme that most calculators and comparison pages do not explain clearly.
Under the deferred income option, survival benefits that are not immediately required can be accumulated in the plan’s sub-wallet. The sub-wallet earns a loyalty addition. The policyholder can withdraw from the sub-wallet at any time after accumulation.
Why this matters: If you do not need your income immediately upon commencement, parking it in the sub-wallet instead of withdrawing it allows the accumulated amount to grow further within the policy structure. This is why the deferred option where income is accumulated in the sub-wallet tends to show a higher effective IRR than immediate withdrawal.
The PlanMyReturns calculator applies the standard policy illustration logic. For the exact sub-wallet loyalty rate applicable to your specific policy, refer to Tata AIA’s current benefit illustration at the time of purchase.
Premium Offset Feature Explained
Tata AIA Fortune Guarantee Supreme offers a Premium Offset variant that is less commonly understood.
Under the Premium Offset variant, a 35-year-old male paying 1 lakh per annum for 6 years has the balance premiums offset for the next 6 years, and receives 41,080 rupees for 25 years plus 13.2 lakh at the end.
In practical terms, this means: after your initial premium payment years, your guaranteed income payouts are used to pay future premiums automatically. You do not need to write additional cheques or transfer money. The plan becomes self-funding after the first few years.
Who benefits from premium offset: Investors who want to lock in a very long policy term but do not want to commit to active premium payments for the full PPT. The offset variant effectively creates a forced savings mechanism that runs itself.
Tax Benefits of Tata AIA Fortune Guarantee Supreme (FY 2025-26)
Section 80C: Premium deduction
Annual premium paid toward this plan qualifies for deduction under Section 80C of the Income Tax Act, up to 1,50,000 rupees per year. Applicable only under the old tax regime.
Section 10(10D): Tax-free maturity benefit
The maturity benefit (return of total premiums paid) is tax-free under Section 10(10D) provided:
For policies issued after April 1, 2012: sum assured must be at least 10 times the annual premium.
For policies issued after February 1, 2021: the annual premium must not exceed 5,00,000 rupees (note: the 5 lakh threshold applies to traditional life insurance plans; the 2.5 lakh threshold applies to ULIPs).
If annual premium is below 5 lakh and sum assured condition is met, maturity proceeds are fully tax-free.
Guaranteed income: Tax treatment
Guaranteed income received during the income payout period may be taxable in your hands depending on the premium-to-sum-assured ratio and the year of policy issue. Consult a tax advisor for your specific policy scenario.
Death benefit
Death benefit paid to the nominee is always fully exempt from income tax under Section 10(10D), regardless of premium amount.
Use the Income Tax Calculator at PlanMyReturns to model how the 80C deduction affects your overall tax liability.
Eligibility: Who Can Buy This Plan
| Parameter | Details |
|---|---|
| Minimum entry age | 0 years (child plans allowed) |
| Maximum entry age | 60 years |
| Minimum annual premium | Approximately 30,000 rupees (varies by term and age) |
| Policy terms available | 25, 32 or 35 years |
| Premium payment terms | 6, 8 or 10 years (matched to policy term) |
| Income options | Immediate or Deferred (My Income) |
| Income frequency | Yearly or Monthly |
| Female discount | 2 per cent on first year premium (applied automatically in this calculator) |
How to Use This Calculator Step by Step
Step 1: Enter your annual premium Type the amount you plan to pay each year. The minimum varies by age and term. Most policyholders pay between 1 lakh and 5 lakh annually.
Step 2: Enter your age Enter the age of the life assured (the person whose life is being insured, typically you). Age significantly affects the guaranteed income amounts and the sum assured calculation.
Step 3: Select policy term Choose from 25, 32 or 35 years. Match this to your income goal horizon. If you are 35 and want income from age 60, choose the 25-year term.
Step 4: Select premium payment term The PPT is pre-matched to each policy term (6 years for 25-year PT, 8 years for 32-year PT, 10 years for 35-year PT). Select the row corresponding to your chosen policy term.
Step 5: Choose income option Select Deferred (My Income) for future income planning, or Immediate for income starting from year 2. The calculator shows outputs for both options so you can compare side by side.
Step 6: Select income frequency Choose Yearly for larger single payouts or Monthly to spread income across the year. The calculator adjusts all figures accordingly.
Step 7: Select gender Female lives receive a 2 per cent discount on the first year premium, automatically applied when you select Female.
Step 8: Click Calculate Outputs appear instantly: guaranteed income per year, total income over the income period, maturity benefit, grand total benefit, indicative IRR and the complete year-wise policy schedule table.
Is Tata AIA Fortune Guarantee Supreme a Good Plan?
This is the most searched question about this product and it deserves an honest, data-driven answer.
It is genuinely good for:
Investors who need guaranteed income from a specific future date with zero market risk. If you have a target income date (retirement, child education funding, home purchase down payment) and cannot tolerate any possibility of that income being lower than planned, this plan delivers exactly that.
Conservative investors in the 30 per cent tax bracket who will benefit fully from both the Section 80C deduction on premiums and the tax-free maturity. The effective post-tax IRR for a 30 per cent taxpayer is meaningfully higher than the nominal 6 per cent figure because the tax savings on premiums effectively reduce your net cost.
Investors who want insurance and guaranteed savings combined and do not want to manage two separate products.
It is not the right choice for:
Investors seeking inflation-beating returns over 15 to 25 years. An IRR of 6.16 per cent is similar to a fixed income instrument and may not give adequate purchasing power against long-term inflation.
Investors who may need liquidity before the policy term ends. Surrender values in early years are significantly lower than total premiums paid.
Younger investors (under 35) with a 25-plus year horizon who can tolerate market risk. A combination of term insurance plus direct equity mutual fund SIP or PPF will almost certainly deliver a higher corpus at the same time horizon.
The honest bottom line: this plan does exactly what it says. The word “Guarantee” is meaningful here. If you are buying certainty and structured income, it delivers. If you are buying growth or returns that beat inflation, it is not the right tool. Use this calculator alongside the SIP Calculator and PPF Calculator to make the comparison with your own numbers.
Quick Examples to Use in the Calculator
Example 1: Retirement income planning
35-year-old male, 1 lakh annual premium, 25-year policy term, 6-year PPT, deferred income option, yearly frequency. Expected output: Total premium 6 lakh, income starting around year 7 or later, maturity benefit of 6 lakh (return of premium), indicative IRR approximately 5.8 to 6.2 per cent.
Example 2: High income immediate option
40-year-old female, 5 lakh annual premium, 25-year policy term, 6-year PPT, immediate income option, yearly frequency. Female discount applies to first year. Expected output: Income starting from year 2, total income over income period, maturity benefit, IRR slightly lower than deferred option.
Example 3: Long-term wealth building
30-year-old male, 2 lakh annual premium, 35-year policy term, 10-year PPT, deferred income option. Expected output: Longest accumulation phase, highest total benefit multiple relative to premium, indicative IRR in the 6 to 6.5 per cent range.
Try these using the Quick Example presets in the calculator above, or enter your own numbers directly.
RELATED CALCULATORS
Compare Before You Decide
| Goal | Best calculator to use |
|---|---|
| Compare with PPF (risk-free, tax-free) | PPF Calculator |
| Compare with mutual fund SIP returns | SIP Calculator |
| See how 80C deduction reduces your tax | Income Tax Calculator |
| Compare with ELSS (80C plus equity growth) | ELSS Calculator |
| Compare with FD returns | FD Calculator |
| Compare with ULIP (market-linked insurance) | ULIP Returns Calculator |
| Plan your overall retirement corpus need | Retirement Calculator |
Frequently Asked Questions
Tata AIA Fortune Guarantee Supreme (UIN: 110N163V12) is an Individual, Non-Linked, Non-Participating Life Insurance Savings Plan from Tata AIA Life Insurance Company Limited. It provides guaranteed income payouts over a fixed income period, a guaranteed maturity benefit (return of total premium paid), and life cover throughout the policy term. Returns are fully guaranteed and not linked to market performance.
The indicative IRR of Tata AIA Fortune Guarantee Supreme ranges from approximately 5.5 to 6.5 per cent depending on age, premium amount, policy term and income option chosen. The deferred income option typically delivers a slightly higher IRR than the immediate income option. Tata AIA’s own benefit illustration shows an IRR of approximately 6 per cent for a 35-year-old male paying 5 lakh annually for 6 years. Use the PlanMyReturns calculator to see the indicative IRR for your specific inputs.
Yes. All income payouts and the maturity benefit under this plan are fully guaranteed as per the policy terms from the day the policy is issued. This plan is non-linked and non-participating, meaning returns do not depend on market performance or insurer profits.
The plan is available in three configurations: 25-year policy term with 6-year premium payment term, 32-year policy term with 8-year premium payment term, and 35-year policy term with 10-year premium payment term.
Under the deferred income (My Income) option, income starts after the premium payment term ends or at a pre-selected future date, and the accumulated income can be parked in a sub-wallet for further growth. Under the immediate income option, guaranteed income starts from the second policy year, even while you are still paying premiums. Deferred income typically yields a higher IRR; immediate income suits investors who need cash flow right away.
The maturity benefit is 100 per cent of total premiums paid (excluding loadings, discounts, rider premiums and taxes), paid at the end of the policy term. This is a return of your invested capital and is separate from the guaranteed income received during the income payout period.
Does Tata AIA Fortune Guarantee Supreme give monthly income?
Yes. The income frequency can be set to monthly or yearly at policy inception. Monthly income splits the annual guaranteed income across 12 months, providing a regular monthly cash flow. Select Monthly under income frequency in the calculator to see the monthly income amount.
Yes, but surrender before completion of the full policy term results in a surrender value that is significantly lower than total premiums paid, especially in the early years. The guaranteed surrender value formula is: GSV Factor multiplied by total premiums paid. Surrendering early is not recommended and the plan should be treated as a long-term commitment.