WHY BUY THIS POLICY?
- It helps you to safeguard your family against your loans and liabilities
- It requires only a nominal, one time premium, to get a life insurance cover
- Hassle-free application process
Unique product benefits
1. Pay a small one time premium and get a life insurance cover.
2. Hassle free application process.
How does it work?
This plan is the simplest form of life insurance. It offers you protection at affordable premiums. There are no Maturity Benefits. Here are the steps to get Future Generali Jan Suraksha:
BENEFITS
Death Benefit
Death Benefit in this plan secures your family in case of your unfortunate demise during the Policy Term. The Death Benefit payable shall be as follows:
| Age Band | Single Premium  500 (exclusive of taxes) |
Single Premium 750 (exclusive of taxes) |
| 18-25 | 14,000 |
21,000 |
| 26-30 | 12,000 |
18,000 |
| 31-35 | 10,000 |
15,000 |
| 36-40 | 7,500 |
11,500 |
| 41-45 | 5,000 |
7,500 |
| 46-50 | N/A | 5,000 |
Maturity Benefit
There are no Maturity Benefits payable under this plan.
Surrender Benefit
Guaranteed Surrender Value(as per table below) will be payable
| Policy Year of Surrender | Single Premium 500 (exclusive of taxes) |
Single Premium 750 (exclusive of taxes) |
| 1 | 300.00 |
450.00 |
| 2 | 275.00 |
412.50 |
| 3 | 250.00 |
375.00 |
| 4 | 200.00 |
300.00 |
| 5 | 175.00 |
262.50 |
| 6 | 150.00 |
225.00 |
| 7 | 100.00 |
150.00 |
| 8 | 0.00 |
0.00 |
No surrender value shall be payable if policy is surrendered in the last policy year A policy terminates on surrender and no further benefits are payable under the policy.
Loan
We do not offer any loan under this plan.
Tax Benefits
Premium(s) paid are eligible for tax benefit as may be available under the provisions of Section(s) 80C and 10(10D) as applicable. For further details, consult your tax advisor. Tax benefits are subject to change from time to time.
Riders
No riders are available under this product.
Nomination and Assignment
Nomination, in accordance with Section 39 of Insurance Act, 1938 as amended from time to time, is permitted under this policy.
Assignment, in accordance with Section 38 of Insurance Act, 1938 as amended from time to time is permitted under this policy.
EXCLUSIONS
Suicide Exclusion:In Case of death due to suicide within 12 months from the date of commencement of risk under the policy, the nominee or beneficiary of the policyholder shall be entitled to 80% of the total premiums paid till the date of death or the surrender value available as on the date of death, whichever is higher.
Eligibility
Plan Summary
| Parameter | Criterion | |
| Entry Age (as on last Birthday) | 18 to 50 years | |
| Premium Options | Entry age between 18 to 45 years- ₹500/ ₹750 Entry age between 46 to 50 years- ₹750 |
|
| Policy Term | 8 years | |
| Premium Payment Term & Mode | Single premium | |
Free Look Period
DISCLAIMERS
Future Generali Jan Suraksha [UIN: 133N059V02]
- For more details on the risk factors and the terms and conditions please read the sales brochure and/ or sample policy document on our website carefully, and/ or consult your advisor before concluding the sale.
Life Insurance Made Simple
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Buying a life insurance policy without asking your advisor the right questions is as good as crossing a road blindfolded.
