Future Generali New Assured Wealth Plan

Future Generali New Assured Wealth Plan

An Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan.

Growth and Security now go hand-in-hand.

Financial wellness is all about how well you manage your money. With the right planning, financial milestones like your child's education, owning a house and even retiring early, could be well within your reach. All you need is a plan that offers you both - Security of life insurance as well as Growth of your hard-earned savings.

Presenting the Future Generali New Assured Wealth Plan, a Life Insurance Plan that gives you financial security in the form of lump sum death benefit and a guaranteed lump sum amount at the end of your policy term. It also gives you Guaranteed Additions every year from 8th year, calculated at a simple percent rate of the Sum Assured. So that you don't have to worry about the rising cost of living.

Why go for the Future Generali New Assured Wealth Plan?

Choose from 2 Product Options
The Plan provides 2 flexible options to ensure that you have an ideal cover which is best suited to your savings goals. The option has to be chosen at inception and cannot be changed during the term of the Policy.

Guaranteed Additions and Increasing Death Benefit

Enjoy the added benefit of Guaranteed Additions which get accumulated, from eighth policy year till the end of the policy term, at a simple rate as a percentage of the Sum Assured under both the options, subject to payment of all due premiums. The Death Benefit increases with the accrual of the Guaranteed Additions under Option 1.

Choose your Policy Term and Premium Payment Term

Get the flexibility to select your Policy Term and Premium Payment Term as per the available options and depending on your needs, and fulfill your savings goals.

You can buy this plan up to the age of 60 years under Option 1

Tax benefits

You may be eligible for tax benefits on the Premium(s) you pay and benefit proceeds, according to the provisions of Income Tax laws.
These benefits are subject to change as per the current tax laws.
Please consult your tax advisor for more details.

What are the steps to buy Future Generali New Assured Wealth Plan?

Step 1

Choose from the following two options that works the best for you.

Option 1 is a standard endowment plan. Policy ends at the completion of the policy term or upon the death of the life assured with all benefits paid at the event of death

Option 2 In addition to the death benefit payable on death, Policy continues even after the death of the Life Assured till the end of Policy Term with no further premiums to be paid and accrual of Guaranteed Additions till end of policy term, which is paid along with the Sum Assured at original maturity date.

Step 2

Now that you have chosen your option, decide on the following:

1. The amount of Annualized Premium.

2. The duration of cover or the Policy Term.

3. The duration of premium payment or the Premium Payment Term.

Step 3

Fill the proposal form (application form) and complete the documentation process.

Step 4

Finally pay your premium amount and head towards a financially secure future.