A joint venture between three prominent groups – Future Group, Generali Group, and Industrial Investment Trust Limited (IITL), Future Generali Life Insurance is one of the leading insurance companies in India. Established in the year 2007, the company has spread its branches across 75 locations in the country and is credited to have sourced more than 12 lakh policies since the time of its inception.
The availability of Future Generali Life insurance online has made it easier for people to access the products and services provided by the company. They can now compare Future Generali life insurance plans and purchase the one that best suits their needs.
Life insurance is meant to enhance your financial planning for the future and secure it against any unexpected mishaps. It is meant to provide a financial backup to your family in case any accident or misfortunes were to happen to you, thus causing a loss of income.
Future Generali Life Insurance introduces a wide range of life insurance policies, with benefits like affordable premiums, savings options, tax benefits, and so on.
Mentioned below are a few of the most preferred Future Generali Life Insurance plans –
Plan Name : Future Generali New Assure Plus
About the plan
The New Assure Life Insurance by Future Generali is a non-linked, participating, tax saving plan that has four premium payment frequencies, namely – monthly, quarterly, half yearly, and yearly. Any individual in the age group of 18 to 70 years can purchase the plan. While the minimum sum assured is of ₹1,00,000, the policy term can range from 10 to 30 years.
Plan Name : Future Generali Flexi Online Term Plan
About the plan
This Future Generali life insurance term plan comes with a flexible coverage option for the policyholder. As the insured, you get choose between a fixed income and an increasing income protection option, besides the usual basic life cover policy.
Where the entry age for the basic life cover under this plan is 18 to 55 years, the entry age for income protection is 25 to 65 years.
Plan Name : Future Generali Pension Guarantee
About the plan
Old age proves challenging not only to your health, but to your financial stability as well. Hence, you need to secure your finances to as much of an extent as is possible. The Pension Guarantee Future Generali Life Insurance policy is a tax saving plan that lets you pay for a limited period of time, while staying invested for a longer period.
The company has an easy and transparent claim process for settling claims in the quickest time, while causing the least amount of inconvenience possible, to its customers. The process involves –
Despite being in the financial arena for less than ten years, Future Generali Life Insurance has registered tremendous growth. During the Future Generali Insurance Week, the company won the Silver EFFIE Award in the year 2011, for its marketing effectiveness, in the financial category. With a decent claim settlement ratio of 89.47% for the year 2016-17, the Company has proved to be a major player in the financial products’ market.