Future Generali

Future Generali Life Insurance introduces Bima Gain and Pension Guarantee


Future Generali Bima Gain, a non-participating unit linked single premium life insurance plan and Future Generali Pension Guarantee, a plan that offers pension benefits

Future Generali India Life Insurance Co. Ltd is pleased to launch two new individual life insurance products in its basket of offerings - Future Generali Bima Gain and Future Generali Pension Guarantee.

Future Generali Bima Gain is a unit linked, single premium life insurance plan that provides insurance cover up to 10 times the single premium. Available for customers in the age group of 8 to 65 years, this plan not only offers adequate protection, but is also an excellent investment option with a choice of 6 investment funds to suit risk appetite of the customers.

Future Generali Pension Guarantee is a plan that ensures a comfortable retired life, offering a Maturity Sum Assured and an accrued compounded revisionary bonus. With the vesting age being 40 - 80 years, people in the age group of 20 - 70 years can avail this plan. The plan can be bought in three easy steps (i) Choose the amount of maturity sum assured, (ii) Choose the vesting age, and (iii) Choose your premium payment term. The premiums for Future Generali Pension Guarantee can be paid on a monthly (by ECS) and half yearly or yearly basis, with a minimum annualised premium of Rs. 11,000. 

On the occasion of the launch, Gorakhnath Agarwal, CEO & Whole Time Director, Future Generali India Life Insurance Company said, “To meet the demands of our ever increasing customer base, the company has launched Future Generali Bima Gain and Future Generali Pension Guarantee.

By making just one payment for adequate life protection and wealth creation, Future Generali Bima Gain allows the insured flexibility to switch investment in funds, access money invested at any time by way of partial withdrawals after the completion of 5 years lock in period.

Retirement is one of the most important and inevitable happenings in life. Most of us feel anxious even when we think about it. With its benefits Future Generali Pension Guarantee helps you ensure a worry free, comfortable post-retirement life for yourself and your spouse.”

Key Features of Future Generali Bima Gain

  • Unique combination of Investment and Life Cover to provide financial security for your loved ones.
  • Maximised allocation based on premium amount
  • Choice of 6 investment funds to match your risk appetite
  • Flexibility to choose a host of options like switching, partial withdrawals and settlement option

Key Features of Future Generali Pension Guarantee

  • Minimum Guaranteed Vesting Benefit of 101 percent of total premiums paid excluding service tax and extra premiums (if any).
  • Vesting benefit of Maturity Sum Assured plus accrued compounded reversionary bonus is payable.
  • In case of unfortunate demise of the life assured during the policy term, the nominee receives the Sum of all premiums paid till the date of death plus accrued bonuses till date of death with a minimum guarantee of 105 percent of premium paid excluding service tax and extra premiums.

Premium paid under both these products is eligible for tax benefits as may be available and applicable under the provisions of Section(s) 80C, 80 CCC (1), 80D, and 10.10D.

Future Generali is currently active through 98 offices. Our wide network of licensed agents and Mallassurance outlets ensures that we are close to you wherever you go.