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 service 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 service 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 service 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:
|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)