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Product Information
Saving And Investment Plans Future Generali New Assure Plus
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
Flexibility to choose any combination of Policy Term and Premium Payment Term based on your financial goals.

Benefits:

fjrigjwwe9r3SDPrivInsuProd:Benefits
  • Maturity Benefit:
  • Once your policy matures at the end of the Policy Term and if you have paid all your due premiums, you will receive Maturity Benefit as per the chosen option.
  • Option 1
  • Guaranteed Maturity Sum Assured equal to Sum Assured plus Vested Compound Reversionary Bonuses, if any, plus Terminal Bonus, if any, shall be paid.
  • Option 2:
  • Guaranteed Maturity Sum Assured equal to Sum Assured plus Vested Compound Reversionary Bonuses, if any, plus Terminal Bonus, if any, shall be paid
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility

Parameter

Criterion

Entry Age (as on last Birthday)

3 years – 55 years

Maturity Age

18 years - 70 years

· For minor life assured having age less than 8 years , minimum policy term to be chosen shall be equal to (18 less age at entry) years.

· For life assured having entry age greater than or equal to 8 years but less than or equal to 40 years, the policy term to be chosen shall be between 10 years to 30 years, both inclusive.

· For life assured having age greater than 40 years, maximum policy term to be chosen shall be equal to (70 less age at entry) years.

Policy Term

10 to 30 years

Premium Payment Term

Benefit Payout Option 1: 5 years to Policy term (including both)

Benefit Payout Option 2: 5 years to (Policy term less 5 years) (including both)

Premium Paying Term

Policy Term

Option -->

Benefit Payout Option 1

Benefit Payout Option 2

5 to 9

10 years to 30 years

Premium paying term + 5 years to 30 years

10 to 25

Premium paying term to 30 years

Premium paying term + 5 years to 30 years

26 to 30

Premium paying term to 30 years

Not Applicable

 

Sum Assured

Minimum – Rs. 1,00,000 
Maximum – No Limit

Premium Payment Frequency

Yearly, Half Yearly, Quarterly & Monthly

Premium amount

Minimum Annualized Premium- Rs. 10,000 subject to Minimum SA of Rs. 1,00,000

Maximum Premium - No Limit