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Future Generali Care Plus Premier Term Plan

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This plan has been withdrawn by the insurance company and is no longer available for sale.

Future Generali Care Plus Premier Term Plan

Future General Care Plus Premier plan is a vanilla term plan for large sum assured only which further encourages policyholders to take large sum assured by providing large sum assured rebates. In this plan, like any other pure term plan, the nominee would get paid if the life insured dies within the policy term and nothing is payable on maturity. There are 2 versions of the Care Plus Plan- Classic and Premier, where the Classic version is for comparatively lower sum assured than the Premier version.

 

Key Features of Future Generali Care Plus Premier

  • It is a pure term plan for high net worth individuals with only death benefit and no maturity benefit
  • Since it is a high sum assured plan, it further encourages the policyholder to take higher sum assured by providing large sum assured rebates
  • There are additional rider benefits available under this plan

COMPARE THIS PLAN WITH OTHER TERM PLANS
    Yes
    No

    Benefits you get from Future Generali Care Plus Premier

    • Death Benefit – In case of death of the policy holder, the nominee gets the sum assured as death benefit.
    • Maturity Benefit – Nothing is payable to the policyholder on maturity.
    • Income Tax Benefit - Life Insurance premiums paid up to Rs. 1, 00,000 are allowed as a deduction from the taxable income each year under section 80C

     

    Eligibility conditions and other restrictions in Future Generali Care Plus Premier

     

     

    Minimum

    Maximum

    Sum Assured (in Rs.)

    25,00,000

    No Limit

    Policy Term (in years)

    5

    30

    Premium Payment Term (in years)

    Equal to Policy Term

    Equal to Policy Term

    Entry Age of Policyholder (in years)

    18

    60

    Age at Maturity

    NA

    65

    Single premium

    NA

    NA

    Payment modes

    Annual, Semi-Annual, Quarterly and Monthly

    HAVE ANY DOUBTS THAT NEED TO BE CLARIFIED?


     

    Sample illustration of premium amount in Future Generali Care Plus Premier

    The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 50 lakhs and Policy Term = 25 years

    Sample Premium Rates of Future Generali Care Plus Premier Term Plan

    Additional Features and Benefits of Future Generali Care Plus Premier

    Riders – There are 3 riders available in this policy

    ·         Accidental Death Benefit rider

    ·         Accelerated Critical Illness rider
     

    What happens if?

    • You stop paying the premium – The policy would eventually lapse after the end of the grace period if premiums are not continued. However it can be renewed within 3 years from the date of first unpaid premium.
    • You want to surrender the policy – Being a pure term plan, there is no surrender options available under this plan.
    • You want a loan against your policy – Loan facility is also not available under this policy.




     

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