} Future Generali Saral Bima Plan, Life Insurance Cover, Best Guaranteed Plan

Future Generali Saral Bima

Future Generali Saral Bima

  • Maturity Benefit:

    Sum Assured

  • Death Benefit:

    Higher of Sum Assured or 10 times annualised premium or 105% of total premium paid till date of death

  • Guaranteed Returns:


  • Age at Entry:

    7 to 55 years

  • Policy Term:

    10 to 20 years

  • Minimum Premium:

    Rs 9,000/- per annum

  • Premium Payment Term:

    Regular Pay

  • Premium Payment Mode:

    Yearly/ Half-Yearly/ Quarterly/ Monthly

  • High Sum Assured Discount:


  • Tax Benefit:


Why Buy the Saral Bima Plan?

  • It is a guaranteed payback plan that offers you a life insurance cover throughout the Policy Term.
  • You get guaranteed cashback as maturity amount at the end of the Policy Term.
  • You get tax benefits as per the prevailing tax laws on this guaranteed income plan.

How it Works

Step1Choose your benefit amount, i.e. the Sum Assured
  • Decide the Sum Assured under the policy. Based on the Sum Assured you may get discounts on the premium amount.
Step2Choose your period of cover
  • Choose the period of cover or the Policy Term under this guaranteed income policy.
Step3Decide your premium
  • Based on the Sum Assured, your age, and the Policy Term, your premium is calculated.
Step4Pay the premium
  • Fill up the proposal form and pay the premium



Maturity Benefits

  • Get Sum Assured as Maturity Benefits at the end of the Policy Term.

Death Benefits

  • In the event of an unfortunate demise of the Life Assured during the Policy Term, the Death Sum Assured is paid to the nominee. The policy terminates on the payment of Death Benefits.

Death Sum Assured means, higher of:

  • 10 times annualised Premium or
  • Sum Assured or
  • 105% of total Premiums paid (excluding Goods & Services Tax and extra Premiums if any) till the date of death

Target Group
For customers looking for a tax saving life insurance plan that provides convinience to choose coverage period and guaranteed lumpsum amount that you want to receive guaranteed payback at the end of the period.


Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the guaranteed income plan will be void and only 80% of the premiums paid will be payable as Death Benefits. If the Life Assured commits suicide within one year from the revival date of the policy, if revived, the higher of, 80% of the premiums paid till the date of death and Surrender Value, will be payable as Death Benefits.


Age at Entry 7 to 55 years Age at Maturity 18 to 70 years Minimum Premium Rs. 9,000/- per annum Maximum Sum Assured Rs. 5 Crores Policy Term (PT) 10 to 20 years Premium Payment Term Equal to the Policy Term



Future Generali Saral Bima (UIN: 133N051V02)

  • Tax benefits are subject to change as per tax laws.
  • For more details on risk factors and terms and conditions of guaranteed cashbacks, please read the sales brochure and/or sample policy document on our website carefully and/or consult your advisor before concluding the sale.
  • Insurance is the subject matter of solicitation.


You have a period of 15 days (30 days if the policy is sold through Distance Marketing Mode) from the date of receipt of the Policy document to review the terms and conditions of the Policy. If you are not satisfied with or disagree with any of the terms and conditions, you have the option to Cancel/withdraw and return the guaranteed income plan along with a letter (dated and signed) stating your intention to cancel the Policy and reasons for the objections/Cancellation, within this period. Cancellation of Policy and refund of premium is allowed under this provision, whereby the amount payable on such cancellation will be equal to the total premium paid less a proportionate cost of insurance for the period of cover and expenses towards Policy stamp duty and medical examination, if any.

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