Fortune Guarantee Plus
A guaranteed-return savings plan that pays you a fixed annual income for a long stretch of years after your premium-paying period ends, then returns all your premiums back at the end.
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
What this product is
A guaranteed-return savings plan that pays you a fixed annual income for a long stretch of years after your premium-paying period ends, then returns all your premiums back at the end.
You might need this if…
- You want a locked-in, non-market-linked income stream for a couple of decades (e.g., funding a child's future or an alternate retirement income)
- You want life cover in place while you save, not just a bank FD
- You're okay tying up money for a long single/limited/regular pay period in exchange for know-in-advance numbers
- (Option 2) You want built-in critical illness protection alongside savings
- You're a disciplined saver who won't need this specific money during the premium term
How it actually works
- Choose Single Pay, Regular Pay (premium term 5-12 yrs) or Limited Pay (premium term 5-12 yrs, policy term up to 17 yrs)
- After premiums stop, the plan pays a Guaranteed Annual Income (a fixed % of premiums) every year for an Income Period of 20-45 years
- Combined policy term + income period runs 25-50 years
- At the end of the income period, you also get a Return of Total Premiums Paid as a lump sum, on top of the income already received
- Built-in life cover pays a sum assured on death during the policy (Option 2 adds a critical illness benefit)
- Income can be taken annually or monthly
Worked example
For a 40-year-old male paying ₹1,00,000/year for 10 years (regular pay, 10-year policy term), the brochure illustrates a guaranteed annual income of about ₹92,330 during the income period, totalling roughly ₹37.7 lakh in benefits against ₹10 lakh paid in premiums.
The tiers
| Premium Term / Policy Term | Annual Premium | Total Premium Paid | Guaranteed Annual Income | Total Benefit Payout |
|---|---|---|---|---|
| 5 / 5 yrs | ₹1,00,000 | ₹5,00,000 | ₹32,540 | ₹14,76,200 |
| 10 / 10 yrs | ₹1,00,000 | ₹10,00,000 | ₹92,330 | ₹37,69,900 |
| 12 / 12 yrs | ₹1,00,000 | ₹12,00,000 | ₹1,23,990 | ₹49,19,700 |
Worth knowing before you decide
- Early surrender usually returns less than what you've paid in - this is built for people who won't need the money mid-way
- The base life cover floor can be quite low (as little as ₹50,000 on some single-life configurations) - it's a savings vehicle first, protection second
- Terms are guaranteed at issue but issuance itself isn't automatic - final premium depends on underwriting of your health and lifestyle
- Tax treatment depends on prevailing law at the time of payout, not just at purchase
Official source
Learn about this category
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