Whoever said wishes don’t come true hasn’t explored our offers!
  • Future Generali Wealth Protect Plan

    Future Generali Life Insurance

    The Wealth Protect Plan from Future Generali life offers a cover of almost 30X the yearly premium in addition to the investment that help in meeting an individual’s long-term financial targets. At the same time, it ensures that the interests of the individual’s dependents are safeguarded. Loyalty addition is guaranteed at the time of maturity, and individuals who invest in this plan must do so systematically with low instalments that can be deposited on a half-yearly, quarterly, or monthly basis.

    Features of Future Generali Wealth Protect Plan

    • Fund value will be paid out at maturity
    • The policy terms extends from 15 to 40 years.
    • The premium payment term will extend for the entire tenure of the policy.
    • Premiums can be paid on either monthly / quarterly / semi-annual / annual basis.
    • Customers have a settlement option.
    • Customers also have access to premium redirection facility.
    • Tax benefits can be availed as applicable.

    Benefits of Future Generali Wealth Protect Plan

    1. Maturity Benefits
      • At the time of maturity, the market value or fund value of the investment will be paid out to the customer along with guaranteed loyalty addition on the same date the maturity is paid.
      • Customers who have chosen the Gold option will receive 5% of the annualised premium paid during the first year and customers who have chosen the Platinum option will receive 7.5% of the annualised premium paid during the first year as guaranteed loyalty addition.
    2. Death Benefits
      • In the unfortunate event of the Life Assured’s death during the policy term, the nominees will be eligible for the higher of the following payouts:
        1. Sum insured minus deductible partial withdrawals, if any, or
        2. 105% of the overall premiums paid minus deductible partial withdrawals, if any, or
        3. Fund value or market value under the policy.
    3. Surrender Benefit
      • The Life Assured has the option to surrender the policy anytime during the term. In this case, the surrender value of the policy will be the market value minus discontinuance fees, if any. In case the policyholder surrenders the policy prior to the conclusion of the five-year lock-in period from the date of commencement, the policy’s surrender value will be the same as the market value applicable. Discontinuance fees will be maintained in the company’s Discontinued Policy Fund. No consequent fees except Fund Management fees will be deducted and customers will receive the proceeds of the discontinued policy only once five policy years from the date of commencement have been completed. Legal heirs / nominees will receive the proceeds in the unfortunate event of the Assured’s death. In case the surrendering of the policy is done post the lock-in period, the fund value / surrender value will be granted to the nominee immediately.

    Eligibility Criteria

    • The minimum age to apply for this ULIP plan is seven years and the maximum is 60 years.

    • At the time of maturity, the minimum age of the customer must be 22 years and the maximum cannot exceed 75 years.
    • For the Gold option, customers can make premium payments on a semi-annual or annual basis, and for the Platinum option, premium payments can be made on a monthly, quarterly, semi-annual or annual basis.
    • The maximum annualised premium for the Gold option is Rs.25,000, and the maximum under the Platinum option is Rs.2 lacs.
    • The minimum sum assured for individuals who are above 45 years of age will be the equivalent of half the policy term or ten, depending on which is the higher number of times of annualised premium. Individuals who are 45 years old or younger can assure to the extent of 0.25X the policy term or seven, depending on which is the higher number of times the annualised premium.
    • The maximum sum assured will depend upon the age at which the individual enters the policy. For instance, the maximum multiple for those who enter when they are between seven and 44 years old is 30X. For those between 45 and 50 years, the maximum multiple is 20. For individuals between 51 and 55 years, the maximum multiple is 15 and for those between 56 and 60 years, the maximum multiple is 10.
  • reTH65gcmBgCJ7k - pingdom check string.
    reTH65gcmBgCJ7k - pingdom check string.
    This Page is BLOCKED as it is using Iframes.