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)
18 years - 50 years
28 years - 65 years
10 year - 35 years
10 years - 15 years
Minimum - 2,00,000 Maximum - 10,00,000
(Sum Assured shall be in multiples of 50,000 only)
Yearly, Half Yearly, Quarterly & Monthly
You can choose the amount of insurance cover that your family will require in case of your unfortunate demise
The plan gives you the flexibility to choose the period of protection and the period of premium payment.
On survival, at the end of the policy term, you will receive back assured return of 100% of the total premiums you have paid (excluding taxes, modal loading and extra underwriting premium, if any)
Tax Benefits under section 80C and 10 (10D) may be available as applicable. Tax Benefits are subject to change as per law from time to time. Please consult your tax advisor for more details
|Entry Age (as on last Birthday)||18 years - 50 years|
|Maturity Age||28 years - 65 years|
|Policy Term||10 year - 35 years|
|Premium Payment Term||10 years - 15 years|
|Sum Assured||Minimum - 2,00,000 Maximum - 10,00,000 (Sum Assured shall be in multiples of 50,000 only)|
|Premium Payment Frequency||Yearly, Half Yearly, Quarterly & Monthly|
|Premium amount||Minimum Premium: 3,000# annually
Maximum Premium: 52,150#
|Premium rates for female lives||An age setback of two years shall be applied to female lives for calculation of the premium rates.
For females lives aged 18 & 19 years, premium rates of 18 years male shall apply.
Premiums mentioned above are excluding taxes, modal loading and extra premium paid as a part of underwriting requirements, if any.
For the customers who are looking for tax saving whole life insurance plan that offers dual benefits of Lumpsum benefit alongwith potential upside through bonuses and cover till 100 years of age.
# Goods and Services Tax of 4.5% in the first year and 2.25% in the subsequent years will be applicable over and above this premium
If the life assured commits suicide within 12 months from the date of
inception of the policy, 80% of the Premium paid will be payable to the nominee or
beneficiary/legal heirs, provided the policy is in-force.
If the life assured commits suicide within 12 months from the revival date, higher of 80% of the
premiums paid till the date of death or the surrender value ,if any, will be payable to the nominee or
Waiting Period :
The policy has a 90 day waiting period from the date of acceptance of risk within
which, if death occurs (other than due to accident), the nominee will receive 100% of the
premiums paid till the date of death excluding taxes. During this period the Death Sum Assured
will not be payable. In case of death due to accident, no waiting period shall apply and Death Sum
Assured shall be payable.
Future Generali POS Term with Return of Premium (UIN: 133N067V01)
In case you disagree with any of the terms and conditions of the policy, you can return the policy to the Company within 15 days (30 days if the policy is sold through the Distance Marketing Mode) of its receipt of policy document for cancellation, stating your objections. Future Generali will refund the premium paid after the deduction of proportionate risk premium for the period of cover, stamp duty charges and cost of medical examination, if any.
Note: Distance Marketing means insurance solicitation/lead generation by way of telephone calling/ Short Messaging Service (SMS)/other electronic modes like e-mail, internet & Interactive Television (DTH)/direct mail/ newspaper and magazine inserts or any other means of communication other than that in person.