Future Generali Assure Plan
Future Generali Assure Plan
Future Generali Assure Plan is a Participating Endowment Plan. It is a Traditional Plan with Bonus facility.
How it works – In this plan, premium can be paid for a minimum of 5 years while the policy continues till the end of the policy tenure as selected at the time of policy inception.
On survival till the end of the policy tenure, the policyholder gets the Sum Assured + vested Compounded Reversionary Bonus as Maturity Benefit and the policy terminates. However, if the Life Insured dies within the Policy Tenure, the nominee gets the Sum Assured + accrued Bonus as Death Benefit and the policy terminates.
There are 6 additional riders available in this plan.
Key Features
Benefits
In case of death of the Life Insured within the Policy Tenure, the nominee gets the Sum Assured + accrued Bonus as Death Benefit and the policy terminates.
On survival till the end of the policy tenure, the policyholder gets the Sum Assured + vested Compounded Reversionary Bonus as Maturity Benefit and the policy terminates.
- Term Assurance Rider
- Waiver of Premium on Disability Rider
- Life Guardian Rider
- Accidental Death Rider
- Accidental Total & Permanent Disability Rider
- Critical Illness Rider
Eligibility
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Minimum
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Maximum
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Sum Assured (in Rs.)
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75,000
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No Limit
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Policy Term (in years)
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Premium Payment Term (in years)
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5
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Equal to Policy Tenure
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Entry Age of Life Insured (in years)
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31 days
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65
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Age at Maturity (in years)
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-
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70
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Payment modes
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Yearly, Half-Yearly, Quarterly, Monthly (ECS mode only)
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FAQs
What happen if you stop paying the premium ?If the policy holder stops paying the premium, the policy lapses and all benefits cease.
What happen if you want to surrender the policy ?There are Surrender Benefits available in this plan and the Surrender Value is paid as Surrender Benefit in this plan.
What happen if you want a loan against your policy ?Loan facility is available after the policy acquires Surrender Value in this plan.
