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FUTURE GENERALI FUTURE ASSURE PLAN

  • FUTURE GENERALI – FUTURE ASSURE:

    This is a endowment plan which assures financial freedom to your family in case of your unfortunate death.

    Features:

    • This is a with profit endowment plan.

    • The minimum entry age required is 31 days and maximum is 65 years.

    • The maximum age at the maturity level is 70 years.
    • The minimum sum assured is Rs.75, 000 and there is no maximum limit.

    • The minimum term of this plan is of 5 years.

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

    Benefits:

    • On the date of maturity you get the sum assured plus accrued bonus.

    • In case of your unfortunate death, the beneficiary of your policy will get the sum assured plus accrued bonus.
    • On the date of surrender of the policy, you get the surrender value.

    • You can also avail for a loan after the policy has acquired the surrender value.

    • This policy also assures Compounded Reversionary Bonus which is added after every valuation.

    • Additional benefits can be gained through the benefit riders available:
      • Term Assurance Rider.
      • Accidental Death Rider.
      • Accidental Total & Permanent Disability Rider.
      • Waiver of Premium on Disability Rider.
      • Critical Illness (Core) Rider.
      • Life Guardian Rider (in case of Juveniles).

    • Avail tax benefits under section 80 C, 80 D, and 10(10) D of the Income Tax Act, 1961.

    Published on August 19, 2010 · Filed under: Future Generali Life Insurance;
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