The Future Assure Plan of Future Generali is a profit endowment plan. This plan ensures the financial security of the family and the dependants even if the policy holder is not there.
The eligibility criteria for Future Assure Plan of Future Generali are as follows:
- The minimum age of entry for the policy is 31 days.
- The maximum age of entry for the policy is 65 years.
- The minimum sum assured is Rs 75,000/-.
- There is no limit for the maximum sum assured.
- The minimum term of the policy is 5 years.
- The available premium paying modes under this policy are yearly, half yearly, quarterly and monthly.
- The monthly mode is available for ECS only.
The key features of Future Assure Plan of Future Generali are as follows:
- The sums secure along with the accrued bonuses are paid to the nominee of the policy holder of the death of the life insured.
- On maturity of the policy the sum assured along with the accrued bonus is paid to the policy holder.
- On surrender of the Insurance Policy the surrender value will be paid.
- The policy loan is available under this policy.
- The policy will receive the compound reversionary bonuses which are added on each evaluation.
- The premiums paid for the policy are eligible for tax deductions u/s 80C up to Rs.100, 000/- every year.
- The claim amounts from death, on maturity or through surrenders are eligible for tax exemption u/s 10(10D).
The available riders under Future Assure Plan of Future Generali are:
- Accidental Death Rider
- Life Guardian Rider (in case of Juveniles)
- Accidental Total & Permanent Disability Rider
- Critical Illness (Core) Rider
- Term Assurance Rider
Waiver of Premium on Disability Rider
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Tags: Future Assure Plan, Future Generali, Future Generali Life Insurance