FUTURE GENERALI FUTURE ANAND PLAN

FUTURE GENERALI – FUTURE ANAND PLAN:

This plan gives you a combination of endowment assurance plan and a whole life plan. It helps you to fight against the financial uncertainties you face in life.

Features:

• It provides you financial protection throughout your life.

• Flexibility to choose your premium payment term, the payment mode and the sum assured as per your requirements.

• The minimum age at the entry level is12 years and the maximum is 62 years.

• The minimum sum assured is Rs.1, 00, 000 and the maximum depends upon the underwriting guidelines of the Company.

• The maximum age at the maturity level is 70 years.

• The premiums can be paid through a regular premium payment term.

• The premiums can be paid on half-yearly, quarterly or yearly basis.

• Monthly premiums can be paid only through the ECS mode.

• The minimum premium payment term is of 8 years and maximum is of 20 years.

• The term of the policy is of 99 years.

Benefits:

• You also get additional benefits through the rider options available.
  • Term Assurance Rider.
  • Accident Death Rider.
  • Accidental Total and Permanent Disability Rider.
  • Wavier of Premium on Disability Rider.
  • Critical Illness (Core) Rider.

• In case of your unfortunate demise during the premium paying term, the nominee will get an amount equal to Sum Assured along with Guaranteed Additions and Vested Bonus (if any) and Terminal Bonus (if any).

• In case of your unfortunate demise after the premium paying term, the nominee will get an amount equal to 125% of the Sum Assured and Terminal Bonus (if any).

• You get guaranteed additions @ 3.5% p.a of the sum assured at the end of the first 5 years of the policy term.

• In case of your survival till the end of the term, you are eligible for an Endowment Benefit of 100% of Sum assured plus guaranteed additions plus vested bonus (if any).

• Tax benefits can be availed under the Income Tax Act, 1961.