Future Generali Total Insurance Solutions

Disclaimers

  1. Future Generali New Assured Wealth Plan (Non POS variant) (UIN: 133N085V01) Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan

    The example is of 30-years old non-smoker man who has purchased the Future Generali New Assured Wealth Plan – Option 1. He has opted for an monthly premium(excluding the applicable taxes, rider premiums and underwriting extra premiums, if any) of ₹ 6,000 for a Premium Payment Term of 10 years and Policy Term of 20 years. His Sum Assured is ₹ 6,79,500. The Maturity Value at the end of the Policy Term will be ₹ 15,19,560.

    Tax Free- Subject to qualifying conditions as specified under provisions defined under Section 10(10D) of Income Tax Act 1961, as amended from time to time.

    For detailed information on this plan including risk factors, exclusions, terms and conditions etc., please refer to the product brochure and consult your advisor, or, visit our website before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant. Future Group’s and Generali Group’s liability is restricted to the extent of their shareholding in Future Generali India Life Insurance Company Limited.

  2. Future Generali Money Back Super Plan (NON-POS Variant) (UIN: 133N088V02) An Individual, Non-Linked, Non-Participating (without profits), Savings, Life Insurance Plan.

    The example is of 30-years old non-smoker man who has purchased the Future Generali Money Back Super Plan – Option 1 and Category – Silver. He has opted for an monthly premium (excluding the applicable taxes, rider premiums and underwriting extra premiums, if any) of ₹ 5,000 for a Premium Payment Term of 20 years and Policy Term of 20 years. His Sum Assured is ₹ 5,66,251. The Maturity Value at the end of the Policy Term will be ₹ 10,83,222. The maturity benefit includes accrued guaranteed addition1 of ₹ 39,767 p.a. (from the 8th policy year to 20th policy year). In addition, survival benefit of ₹ 62,288 p.a. will be given from the 10th policy year to 19th policy year.

    Tax Free- Subject to qualifying conditions as specified under provisions defined under Section 10(10D) of Income Tax Act 1961, as amended from time to time.

    1The Guaranteed Additions are accumulated as a percentage of Sum Assured at a simple rate starting from the end of 8th policy year till the end of policy term, subject to payment of all due premiums.

    For detailed information on this plan including risk factors, exclusions, terms and conditions etc., please refer to the product brochure and consult your advisor, or, visit our website before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant. Future Group’s and Generali Group’s liability is restricted to the extent of their shareholding in Future Generali India Life Insurance Company Limited.

  3. Future Generali Cancer Protect Plan (UIN: 133N063V03)
    This is an Individual, Non-Linked, Non-Participating (without profits), Pure Risk Premium, Health Insurance Plan.

    The example is of 30-years non-smoker man who has purchased the Future Generali Cancer Protect Plan – Option 1 (Lump Sum Cover). He has opted for an annual pay (including the applicable taxes) of ₹ 671 p.a., for a Premium Payment Term of 10 years and Policy Term of 10 years. His Sum Assured is ₹ 10,00,000.

    For detailed information on this plan including risk factors, exclusions, terms and conditions etc., please refer to the product brochure and consult your advisor, or, visit our website before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant. Future Group’s and Generali Group’s liability is restricted to the extent of their shareholding in Future Generali India Life Insurance Company Limited.

  4. Future Generali New Assured Wealth Plan (Non POS variant) (UIN: 133N085V01) Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan

    The example is of 30-years old non-smoker man who is a resident individual. He falls under the highest tax slab rate of 31.20% (including cess excluding surcharge) having income less than Rs 50 lakhs. He has opted for old tax regime.

    He has purchased the Future Generali New Assured Wealth Plan – Option 1. He has opted for an annual premium (excluding the applicable taxes, rider premiums and underwriting extra premiums, if any) of ₹ 1,50,000 p.a., for a Premium Payment Term of 10 years and Policy Term of 20 years. His Sum Assured is ₹ 15,00,000. The Maturity Value at the end of the Policy Term will be ₹ 34,16,850.

    Hence, he will receive a tax benefit of ₹ 48,600 for annual premium of ₹ 1,50,000 p.a., under Section 80C of the Income Tax Act.

    The Tax benefits under the policy are subject to provisions mentioned under Section 80C, Section 80D, Section 10(10D), Section115BAC and other Sections of the Income Tax Act, 1961.

    For detailed information on this plan including risk factors, exclusions, terms and conditions etc. Please refer to the policy document and consult your advisor, or, visit our website (life.futuregenerali.in) before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant. Future Group’s and Generali Group’s liability is restricted to the extent of their shareholding in Future Generali India Life Insurance Company Limited.

  5. The information provided herein is generic in nature and solely for educational purposes. Before investing in any financial product, readers are advised to exercise caution and to seek independent professional advice. The use of this information does not imply any liability on the part of Future Generali India Life Insurance.

  6. The information provided herein is generic in nature. I expressly authorize a Future Generali India Life Insurance representative to contact me. This will override registry on National Customer Preference Register (NCPR/NDNC). I understand that my details shall be used by the Company strictly in accordance with the terms of the Privacy Policy.

    Before investing in any financial product, readers are advised to exercise caution and to seek independent professional advice. The use of this information does not imply any liability on the part of Future Generali India Life Insurance Company Private Limited.

  7. Future Generali Care Plus (UIN: 133N030V05)
    Premium is calculated at the following modal points: Sum Assured - Rs 1,00,00,000, Policy Term - 30 years, Regular Pay, Option 1 Life Cover, Exclusive of taxes. Premium is calculated at the following modal points: Sum Assured - Rs 1,00,00,000, Policy Term - 20 years, Regular Pay, Option 1 Life Cover, Exclusive of taxes.

    For detailed information on this product including risk factors, terms and conditions etc., please refer to the product brochure and consult your advisor before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant. Future Group’s and Generali Group’s liability is restricted to the extent of their shareholding in Future Generali India Life Insurance Company Limited

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