FUTURE GENERALI FUTURE FREEDOM PLUS PLAN

FUTURE GENERALI – FUTURE FREEDOM PLUS PLAN:

This plan comes with three features to shape your present life as well as your future. The features include savings, investments and your protection.

Features:

• This plan gives you the option of reducing the premium from the second year onwards without any change in the initial risk coverage.

• You can also pay the top-up premium higher than the regular premium.

• The minimum top-up premium to be paid is Rs.5, 000.

• You can also pay your future premiums in the various funds available at any time after completing 1 year of the policy term.

• The minimum age at the entry level of the policy for a 10 year plan is 65 years and for a 20 year plan is 55 years.

• The maximum age at the entry level of the policy for a 10 and 20 year plan is the entry age for other policy terms, age plus term is greater than or equal to 18 years but less than or equal to 75 years.

• The maximum age at the maturity level is 75 years.

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

• The term of the policy is between 10-20 years.

• The premium payment term is:
  • 3 – 5 years for a limited premium payment.
  • Same as the term of the policy for a regular premium payment.

• The minimum sum assured is 5 times the annualised premium and the maximum is the (multiple at which depends upon the age at entry) x (first year annual premium).

Benefits:

• You get an additional benefit through the rider options available:
  • Accidental Death Rider.
  • Accidental Total and Permanent Disability Rider.

• You may also opt for the settlement option for your maturity benefit. Under Settlement Option, the maturity benefit may be taken in instalments spread over a period up to five years from the date of maturity.
• Flexibility to switch from your current fund to any other fund available at anytime. 6 switches are free of cost.

• In case of your survival till the date of maturity, the Fund Value as on the date of maturity is paid to you and the policy gets terminated thereafter.

• In case of your unfortunate demise before the commencement of risk under the policy, the company refunds the fund value.

• In case of your unfortunate demise after the commencement of risk under the policy, you get the sum assured plus the fund value.