Future Generali Dhan Vridhi

Future Generali Dhan Vridhi

This is an Individual, Unit linked, Non-participating (without profits), Life Insurance Plan.

Future Generali Dhan Vridhi is an insurance product with life insurance coverage.

While it is important to that you stay protected, it would delight you more if your protection comes with an opportunity to build optimized corpus. With this end in mind, we bring you Future Generali Dhan Vridhi, an individual, unit linked, non-participating (without profits) life insurance plan that offers you the perfect blend of protection and investment to realize your long and medium term financial goals. You also have the distinct advantage of staying protected for longer than the premium paying term with a choice of 7 unit funds.

UNIQUE PRODUCT BENEFITS:

1. This is a Limited Premium Payment ULIP with the right blend of Protection and investment to meet your medium to long-term financial goals.

2. Flexibility to make fund switches to maximise returns

3. Partial Withdrawal can be made after 5 policy years from inception.

4. Choice of seven robust unit funds to match your risk appetite.

5. Premium(s) paid are eligible for tax benefit as may be available under the provisions of Section(s) 80C and 10(10D) as applicable.

HOW DOES IT WORK?

Step 1:
Decide your Policy Term and Premium Payment Term - You have to decide your Policy Term and choose the tenure for which you would like to pay the premiums.

Step 2:
Decide Premium Amount - You have to decide the amount you would like to invest under the policy.

Step 3:
Choose your Investment Funds - Depending on your risk appetite, you can choose to invest in any or all the seven available funds.

WHAT ARE YOUR BENEFITS?

Maturity Benefit: At maturity, the Fund Value as on the date of maturity is payable to the Life Assured provided the policy is in force.

Death Benefit: In case of an unfortunate event of death of Life Assured, while the policy is in force during the Policy Term, higher of:

1. Sum Assured less deductible Partial Withdrawal, if any, or

2. Fund Value, or

3. 105% of basic premiums paid till date of death less deductible partial withdrawals, if any

Deductible Partial Withdrawals are:

1. Partial Withdrawals made 2 years immediately prior to the date of death of the life assured.

Your investments: Your premium, net of applicable charges, is invested in unit funds of your choice. Currently you have a choice of seven investment funds, providing you the flexibility to direct your investments in any of the following unit linked funds of the Company. The funds invest in a mix of liquid investments, fixed income securities and equity investments in line with their risk profile.