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Future Generali Term with Return of Premium

Future Generali Term with Return of Premium


Frequency of premium mode
Select
  • 5 Yrs
  • 10 Yrs
  • 15 Yrs
Frequency of premium mode

Your Modal Premium

(including GST)

The premium amount reflecting above is based on the details that you have entered.
Rates are for standard and healthy life and actual rates may differ depending on assessment of the proposal post underwriting. Please refer to the benefit illustration for detailed quote.

How to calculate premium for
Future Generali Term with Return of Premium?

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Enter your details like name and date of birth

 

Confirm your gender and smoking habits

 

Select the premium payment term from the given options

 

Choose the payout option

 

Select the policy term

 

Select the desired sum assured

 

Select the premium payment mode

How does Future Generali Term with Return of Premium plan work?

Our sales representative will help you:

Choose the insurance cover amount

Decide the premium payment term

Review your customised benefit illustration

Why buy Future Generali Term with Return of Premium plan?

The plan is suitable for individuals who are looking for:

  • It allows two options for your protection needs (Lump sum and income protection)
  • It provides flexibility of choosing period of protection and premium payment
  • Lower premium for female lives
Maturity Benefit
In Lumpsum protection
In Income Protection
Death Benefit
Tax Benefit
Maturity Benefit

Maturity Benefit will be provided as per your chosen option, on survival, at the end of the Policy Term

In Lumpsum protection

Guaranteed Maturity Sum Assured that is equal to 100% of total premiums payable will be payable

In Income Protection

Guaranteed Maturity Sum Assured which is equal to 115% of total premiums payable will be provided

Death Benefit

In case of unfortunate demise of Life Assured, during the Policy Term, the nominee shall receive Death Sum Assured, it will be highest of

  • 10 times Annualised Premium
  • 105% of total premiums paid as on date of death
  • Guaranteed Maturity Sum Assured; or
  • Absolute amount assured to be paid on death, which is equal to Sum Assured
Tax Benefit

Yes, up to Rs. 1,50,000 under Section 80C and Maturity Benefit under Section 10(10D)

How to select the right benefit amount in Future Generali Term with Return of Premium plan?

The sum assured should at least be 10 to 15 times your annual income. Additionally, you may calculate the sum assured considering the following factors:

Number of dependents
Current Financial Situation
Outstanding liabilities

How to decide the investment and maturity tenure in Future Generali Term with Return of Premium plan?

The following parameters would help you decide:
ParameterCriterion
Entry Age 18 to 55 years
Maturity Age 28 years – 75 years
Policy Term 10 years - 35 years
Premium Payment Term 10 years - 15 years
Minimum Sum Assured Rs. 2,00,000
Premium Payment Frequency Yearly, Half Yearly, Quarterly & Monthly
Premium Minimum: Rs. 10,000 (applicable only for income protection)
Maximum: No limit
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