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FUTURE GENERALI INSTA LIFE PLAN

  • FUTURE GENERALI – INSTA LIFE:

    This plan is a hassle free protection plan which provides you with an insurance cover instantly. It helps you to protect your future by providing instant risk coverage and issuance of policy bond.

    Features:

    • It provides you simplicity and ease of issuance.

    • It gives full value for your money.

    • Flexibility to pay your premium through cash, cheque or credit card.

    • The minimum entry age required is 18 years and maximum is 45 years.

    • The minimum sum assured is Rs.1 lakh and maximum is Rs5 lakhs.

    • The minimum premium term is 5 years and maximum is 25 years.

    • The premium payment term is as per the policy term.

    • The minimum annual premium paid is Rs.2, 500 and maximum is Rs.15, 000.

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

    Benefits:

    • In case of your survival till the maturity of the term, you get the sum assured plus accrued bonus.

    • You get a guaranteed coverage up to Rs.5, 00,000.

    • In case of your unfortunate demise during the term of the policy, the beneficiary will receive the sum assured plus accrued bonus.

    • Loans can be availed after the policy acquires the surrender value.

    • You also get tax benefits under section 80 C 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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