Future Generali Total Insurance Solutions offers various Term Plans for the Customers. So the People who take care of the family even your absence can invest their Money in this Plan. Policy Holders who want to buy Future Generali Term Plans can check the Features, Benefits given below.
Future Generali Term Plans
Future Generali Term Insurance Plan Provides a Life Cover to the Customers to Secure Family in the case of Unfortunate Death. No one can Predict the Future. So We have to be ready to overcome the unexpected Obstacles in our life. To face that type of situations, Future Generali Term Plan are very useful and secure. When compared to all the Policies, Term Plans are the easiest and Least Expensive. Hence Interested people can buy this Future Generali Best Term Insurance Plan to get more Benefits. Finally, We have given plan wise details for the People who want to buy this Term Insurance Plans.
Why do We need To Buy Future Generali Term Insurance Plans?
Flexibility: Term insurance plans offer a huge range of flexibilities to the customers. So All the Policyholders can get the flexibility to choose the Payment options for the premiums. You can also choose the policy term and the sum assured.
Convenient: Policy Holder Can purchase the Policy at any Time and Anywhere-based on their Convenience.
Affordable: It is the cheapest kind of Term Insurance Plan which offers the Policyholders a high cover at a low cost with Large Time Duration.
Security: This Term Plan provides both the Basic Life Cover and Income Protection. Basic Life Cover means The Life Assured will get the Lump Sum amount on your Death.
Future Generali Term Plans Details
Future Generali is offering two types of Term plans. The consumers can choose their Policy Plan depending on the situation and their needs. Therefore Select the Term Insurance which best suits for you.
- Future Generali Flexi Online Term Plan.
- Future Generali Care Plus.
Check the various Future Generali Term Insurance Plans Reviews, Details and Benefits provided below.
1. Future Generali Flexi Online Term Plan
Future Generali Flexi Online Term Plan is a Non-Linked, Non-Participating Pure Term Insurance Plan. This plan is a Pure Term Insurance Plan which provides Financial Support for Your Family. The Unique Identification Number for this Term Plan is UIN No: 133N058V01. By buying This Flexi Online Term Plan, Policy Holers will secure the Financial Future of the Family.
Key features of Future Generali Flexi Online Term Plan:
- Available through Online.
- Affordable rates of Premium.
- Longer Protection.
- High Sum Assured Discount.
- Lower and Preferable premium rates.
Benefits of Future Generali Flexi Online Term Insurance Plan:
- Offers a 100% Lump Sum payout on your death.
- A fixed monthly amount on your death is paid to your family till you would have retired.
- A monthly amount that increases by 10% every year, is paid to your family.
- Can be purchased anytime, anywhere at your convenience.
- Offers you the flexibility to choose a Death Benefit from multiple options like Lump Sum Benefit, Monthly Payout.
- Free Look Period is 30 Days.
- Discounts on the high sum assured.
- Tax Benefits.
Eligibility for Future Generali Flexi Online Term Plan
| PARAMETER | BASIC LIFE COVER | INCOME PROTECTION | ||
| Entry Age (as on last birthday) | 18 – 55 years | 25 – 55 years | ||
| Maturity Age | Minimum: 28 years
Maximum: Smoker 65 years Non-smoker: 75 years
|
Minimum – 45 years
Maximum – 65 years |
||
| Policy Term | Minimum: 10 years | Minimum: 10 years (subject to minimum maturity age of 45 years) | ||
| Maximum:
Smoker: 65 years minus Entry Age |
Maximum: 65 years minus Entry Age | |||
| Sum Assured | Plan Option | Minimum | Maximum | |
| Basic Life Cover | Rs 50,00,000/- | No Limit | ||
| Fixed Income Protection | Age at Entry | Minimum Monthly Amount | Maximum Monthly Amount | |
| 25-43 | Rs 25,000/- | No Limit | ||
| 44-48 | Rs 35,000/- | |||
| 49-55 | Rs 42,000/- | |||
| Increasing Income Protection | 25-48 | Rs 25,000/- | ||
| 49-55 | Rs 30,000/- | |||
| Premium Payment Term | Equal to the Policy Term for all options | |||
| Premium Payment Frequency | Annual | |||
Therefore Buyers, Please go through the Future Generali Flexi Online Term Plan for further more information about the Plan.
Death Benefits:
Life Insured of this Term Insurance Policy will get the Sum Assured on his/him death as follows:
- 10 times Annualised Premium.
- 105% of total premiums paid by the Buyer.
- The Absolute amount payable on death which is equal to the Sum Assured.
Maturity Benefits:
There are no Maturity benefits for the Policy Holder under this Term Insurance Plan.
2. Future Generali Care Plus
This Future Generali Care Plus Term Insurance Plan is an insurance product with life insurance coverage. A Term Life Insurance Plan takes care of your growing protection needs. This Plan offers a high life cover at a low premium. So the interested people can invest their valuable money to get Financial Support when unexpected needs. Finally, You can check the Features, Benefits of this Care Plus Plan.
Key features of Future Generali Care Plus Plan:
- It offers a high life cover at low premiums.
- The nominee will get the Lump Sum amount when the unexpected death of Life Assured.
- Additional Protection.
- Future Generali Non-Linked Accidental Death Rider (UIN: 133B023V01) is available under this plan.
- Tax Benefits.
- Additional Product Benefits through Riders.
Eligibility for Future Generali Care Plus Term Plan
Future Generali Care Plus (Classic Option)
| Minimum – Maximum Age at Entry 18 to 60 years | Minimum – Maximum Policy Term 5 to 30 years | Maximum Coverage Age 65 years | Minimum Premium 2,500/- per annum |
| Minimum Sum Assured 10,00,000/- | Maximum Sum Assured 24,99,999/- | Premium Modes Yearly/ Half-Yearly/ Monthly (ECS only) | |
Future Generali Care Plus (Premier Option)
| Minimum – Maximum Age at Entry 18 to 60 Years | Minimum – Maximum Policy Term 5 to 30 Years | Maximum Coverage Age 65 years | Minimum Premium 5,000/- per annum |
| Minimum Sum Assured 25,00,000/- | Maximum Sum Assured No Limit | Premium Modes Yearly/ Half Yearly/ Monthly(ECS only) | |
Death Benefit:
Under this Death Benefit, Nominee will get the the Premium paid in the case of Unexpected Death of Life Assured as per the below.
- Sum Assured.
- 10 times Annualised Premium.
- 105% of the total premiums paid till date of death excluding Service Tax, extra premiums and rider premiums, if any.
Maturity Benefit:
There is no Maturity Benefit payable under this plan during Policy Term.
Surrender Benefit:
There is no Surrender Benefit under this Future Generali Care Plus Term Plan.
How to Buy Future Generali Term Insurance Plan?
Interested candidates can buy this Future Generali Term Policy in various ways.
- Buy Online.
- Visit the Nearest Branch of Future Generali Insurance Company.
Documents required for buying Future Generali Term Insurance policy are:
- Application form/ Proposal form
- Passport Size Photo
- Medical reports ( if necessary).
- Age Proof.
- Address Proof.
Future Generali Term Insurance Plan Premium Calculator
The Policy Holder will know the Premium and the Benefits through premium calculator online available on the official site. Therefore Buyer should know the following things to use the Premium Calculator of this Term Insurance Policy. The Required Details are
- Have to Know the Type of Policy.
- Date Of Borth.
- Policy Term.
- Sum Assured.
- Premium Payment Frequency.
Claim Process For Future Generali Term Plans
The Nominee of the Future Generali Term Plans can apply for the Claim of Plan if Policy Holder expired, Unfortunately. Then Future Generali will support you in the settlement process in a simple manner.
Claims Intimation:
- Intimation through Online.
- Call to Customer Care.
- Email at care@futuregenerali.in
- Given a Written Notification to any nearest branch of Future Generali Life Insurance
The documents required to request for the Future Generali Life Term Insurance Plans are
- Original Policy Document.
- Proof of title.
- Death Proof.
- Medical treatment documents before death.
- Age proof.
- Additional documents in case of death occurred due to unnatural or accidental death.
Other Details of Future Generali Term Plans
Grace Period:
If the Policyholder doesn’t pay the premium within the correct time, the company will help you by extending the time to pay the premium is a grace period. Future Generali Term Plans has a grace period of 30 days.
Revival Period:
If the Policyholder doesn’t pay the premium within the grace period, then the Policy will be a lapse along with Rider Benefits. Within the two consecutive years from the date of first unpaid premium, the lapsed Term Plan revives. Before the expiry period of Policy Term, the Term plan restores.
Free Look Period:
If the Buyer is not satisfied with the Terms and Conditions of the Policy, he/she can return Future Generali Life Insurance Term Plans within 15 days from the Date of receipt of the Policy.
Policy Lapse:
If the policyholder doesn’t pay the premium within the grace period for the first three full years, the policy will lapse. No benefits in such situation.
Riders:
There are specific riders which can further strengthen your financial security by opting for Future Generali Non-Linked Accidental Death Rider (UIN: 133B023V01). For furthermore details check the brochure of that specific Term Plan.