Future Generali India Life Insurance Company Limited introduces a new guaranteed product ‘Future Generali Money Back Super Plan’

Mumbai, 20th May 2021: Future Generali India Life Insurance Company Limited (FGILI), announced the launch of its latest offering, Future Generali Money Back Super Plan. The product is a traditional non-participating money back plan with the following key features:

• Flexibility to choose between two plan Options: Both Options offer money backs during the term along with a lumpsum maturity payout. However, Option 1 offers higher lumpsum at maturity whereas Option 2 offers higher money backs during the term.
• Plan the duration of money back income by choosing from below Categories:
• Platinum: Money back installments paid annually from the end of the 6^th year, except last policy year
• Gold: Money back installments paid annually from the end of the 8^th year, except last policy year
• Silver: Money back installments paid annually from the end of the 10th year, except last policy year
• Get Guaranteed Additions as a percentage of sum assured that accrues every year starting from the end of 8th policy year till the end of policy term and paid along with the Maturity Benefit or upon Death, if that happens earlier.

Key Highlights of Future Generali Money Back Super Plan

• A Regular pay product which offers guaranteed money backs from end of 6th /8th /10th policy year and a guaranteed lump sum at maturity
• Plan your life better by choosing between two plan options, depending upon your need
• Flexibility to plan your income duration to match your financial milestones with the help of different categories
• Guaranteed Additions get accumulated, thereby increasing your pool of money
• Tax benefits available as per prevailing tax rules

Announcing the launch of Future Generali Money Back Super Plan, Mr. Bikash Choudhary, Appointed Actuary and Chief Risk Officer, Future Generali India Life Insurance Company Limited, said, “The ongoing pandemic and market fluctuations have made people much more aware of the importance of being financially protected. The focus is especially drawn towards the guaranteed products. Keeping this in mind, we have introduced Future Generali Money Back Super Plan.

True to its name, this product offers guaranteed money backs to our customers during the policy tenure to take care of their planned expenses. Along with this, a lump sum is also paid at the end of the policy. It’s the flexibility to customize this plan basis their needs, is what makes this product more appealing.”

*Refer to annexure below for eligibility parameters.