Human Life Value Calculator
Premium Calculator / Benefit Illustration
(Meeting a child plan specialist is purely voluntary and insurer does not offer any cashback for the same)
Sum Assured plus Accrued Compounded Reversionary Bonuses, if any
Sum of all premiums paid plus accrued compounded reversionary bonuses, if any, with a minimum guarantee of 105% of premiums paid till date
20 to 70 years
` 11,000/- per annum for Regular/Limited pay
` 90,000 for single premium payment
40 to 80 years
Yes, under sec 80CCC
Maturity Sum Assured plus accrued bonuses on the policy will be payable to the policyholder on vesting. The policyholder has an option of:
Note: The guaranteed* minimum Maturity Benefit are 101% of total premiums paid excluding Goods & Services Tax and extra premiums (if any) paid.
The vesting amount received will be used to purchase immediate annuity plan.
In case of an unfortunate demise of the policyholder any time during the Policy Term, the nominee receives the sum of all premiums excluding Goods & Services Tax and extra premiums (if any) paid till date of death plus accrued bonuses till date of death. This total amount payable on death will be subject to a minimum of 105% of total premiums paid excluding Goods & Services Tax and extra premiums paid. Thereafter the policy terminates. If Surrender Value is higher than the Death Benefit then the Surrender Value will be paid on death of the Life Assured.
The beneficiary can avail the policy proceeds in any of the following ways:
For the customers who are looking for tax saving pension plan that offers flexibility of paying for a limited period and staying invested for a longer period to create a corpus for retirement, with potential upside through bonuses
|Features||Regular Premium Term||Limited Premium Term||Single Premium Term|
|Premium Payment Term (PPT)||Regular||
|Age at Entry||20 to 70 years||20 to 70 years||20 to 70 years|
|Policy Term||10 to 20 years||
||10/ 15/ 20 years|
|Minimum Vesting Age||40 years||40 years||40 years|
|Minimum Premium||11,000/- per annum||11,000/-per annum||90,000/-|
|Maximum Premium||No Limit||No Limit||No Limit|
Future Generali Pension Guarantee (UIN: 133N046V01)
FREE LOOK CANCELLATION:
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 Policy 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.
The fine print in a policy can come in the way of making an informed purchase. We’ve simplified the fine print into big print.
Read the terms and conditions carefully. Ensure that your current health, occupation or lifestyle habits do not exclude you from getting the policy benefits.
Do's and don’ts to protect your life insurance policy from unauthorised elements posing as company representatives.
Find out how prepared you are to meet your financial goals, with our FutureReady calculator.