- About Coverfox
Established as a joint-venture between Future Group, Generali Group and Industrial Investment Trust Limited, Future Generali is one of the leading insurers in India. In FY 2017-18, the insurer had a claim settlement ratio of 93.11%. With over 104 branches across India, the insurer has successfully served over 12.9 lakh policies.
Future Generali offers a wide range of savings as well as investment and protection plans. A traditional plan is a savings plan which provide a guaranteed sum assured upon survival, death and maturity. Read more to find out more about Future Generali Investment Plans.
Note: All information related to Product Benefits and Eligibility Details has been sourced from the official website of Future Generali India Life Insurance Company Limited.
This is a traditional savings plan which provides multiple term options to suit your financial goals in order to help you generate higher returns.
|Age at Entry||3 to 55 years|
|Age at Maturity||18 to 70 years|
|Policy Term||15/20/25 years|
|Minimum Premium||₹12,000/- per annum|
|Minimum Sum Assured||₹1 Lakh|
|Maximum Sum Assured||₹5 Crore|
|Premium Payment Term(PPT)||PPT: 7/ 10/ 12 for 15 years Policy Term PPT: 10/ 12/ 15/ 17 for a 20 year Policy Term PPT: 12/ 15/ 17/ 20 for a 25 year Policy Term|
This is an investment plan which comes with three unique benefits.
|Age at Entry||7 to 50 years|
|Age at Maturity||27 years – 75 years|
|Policy Term||Premium Payment Term + 5 years|
|Minimum Premium||Minimum: 15,000 Maximum: No limit|
|Minimum Sum Assured||2,00,000|
|Frequency||Annual, Semi-Annual and Monthly.|
|Premium Payment Term(PPT)||15 or 20 years|
This is an investment plan which provides extended insurance cover till the age of 100 years.
|Age at Entry||3 years – 50 years|
|Age at Maturity||18 years - 70 years|
|Policy Term||15 to 20 years|
|Minimum Premium||₹8,000/- per annum|
|Sum Assured||Minimum – 1,00,000 Maximum – No Limit|
|Premium Payment Frequency||Equal to Policy Term (Regular Premium Payment)|
|Premium Payment Term (PPT)||Equal to Policy Term (Regular Premium Payment)|
This is a non-linked participating life insurance plan which comes with a dual death benefit option.
|Age at Entry||3 years – 55 years|
|Age at Maturity||18 years - 70 years
|Policy Term||10 to 30 years|
|Minimum Premium||- Minimum Annualized Premium- Rs. 10,000 subject to Minimum SA of Rs. 1,00,000 - Maximum Premium - No Limit|
|Premium Payment Frequency||Yearly, Half Yearly, Quarterly & Monthly|
|Premium Paying Term||
There are some plans which the company provides via the only mode only. To apply online, you need to register a login ID and password on the official website of the company. Once logged-in, you need to select a specific policy, coverage plan and fill in the application form. Post selection, you can make the premium payment via debit card/credit card/net banking.
You can purchase multiple plans of Future Generali from banks, agents, brokers, branch and intermediaries.
Why choose Future Generali traditional plans?
With over 104 branches across India and over 12.9 lakh policies sold, Future Generali has a very strong portfolio of traditional and investment plans which cater to all of your protection and savings requirement.
Which is the best traditional plan of Future Generali for 2018?
Future Generali does not have a single best traditional or investment plan but it has multiple good traditional plans to select from. To name a few - Future Generali New Assure Plus, Future Generali Assure Plus, Future Generali New Saral Anand and Future Generali Triple Anand Advantage.
How to pay premium? What are the different modes of premium payment?
You can pay premium via the following modes - Pay by Phone/Auto Debit/Cash/Cheque/Debit Card/Credit Card/Net Banking/Branch Banking.
How can I check policy status for Future Generali traditional Plans?
You can check your policy status online with your registered user ID and Password or send a text message to 5607003 with your policy number or call the toll-free number at 1800-102-2355.