Future Generali’s ULIP Plans offer the advantage of market-linked returns with the provision of life cover. These plans are designed to offer wealth-building solutions that would help you in fulfilling your medium or long-term financial goals.
Future Generali Pramukh Nivesh Ulip
Death Benefit: The Fund Value and Sum Assured is paid to his/ her nominee
Surrender benefit: You can surrender your Future Generali Pramukh Nivesh ULIP post completion of 5 years to get surrender benefits minus any charges.
Maturity benefit: On the maturity of the Future Generali Pramukh Nivesh ULIP, the fund value is paid.
- **Minimum-Maximum Age at Entry:** Minimum: 7 years (as on last birthday) Maximum: 70 years (as on last birthday)
- **Minimum Age at Maturity:** Minimum: 18 years (as on last birthday) Maximum: 75 years (as on last birthday)
- **Premium Paying Frequency:** Single Premium Only
- **Policy Term: Minimum :** 5 years Maximum: 20 years
- **Sum Assured:**
- Age at Entry: 7 to 49 years, 50 to 54 years, 55 to 70 years
- Minimum: 1.25, 1.25, 1.25
- Maximum: 5, 3, 1.25
- **Minimum/ Maximum Premium:** Minimum Single Premium: 50,000/- Maximum Single Premium: No Limit
Future Generali Wealth Protect Plan
- Maturity benefit: Offers fund value as well as the guaranteed loyalty addition. Offers 5% of the annualised premium of the first year as guaranteed loyalty addition in the gold plan option and 7.5% of the annualized premium of the first year as guaranteed loyalty addition, in case of platinum plan.
- Death benefit: In case of the death of the policyholder during the term of the policy, this plan pays the nominee either the fund value, 105% of the total premiums paid till date or the sum assured minus the deductible partial withdrawals, which is higher.
- Surrender benefit: The Future Generali Wealth Protect Plan offers the surrender benefit by paying the fund value minus the discontinuance charges (if any) after 5 policy years.
- Premium payment term: This plan offers regular premium payment throughout the policy term.
- Free look period: This plan offers you a free-look period of 15 days in case you aren’t too happy with the terms and conditions of the policy period and wish to cancel one. However, if you have purchased this plan through distant marketing modes, the free-look period would be 30 days.
- **Minimum - Maximum Age at Entry:** Minimum: 7 years (as on last birthday) Maximum: 60 years (as on last birthday)
- **Minimum - Maximum Age at Maturity:** Minimum: 22 years (as on last birthday) Maximum: 75 years (as on last birthday)
- **Premium Modes:** Gold Annual Premium =25,000/- Yearly/ Half-Yearly mode = Platinum Annual Premium > 25,000/- Yearly/ Half-Yearly/ Quarterly/ Monthly (ECS) mode
- **Policy Term:** 15 to 40 years
- **Premium Paying Term:** Equal to Policy Term
- **Sum Assured:**
- Minimum Sum Assured - For ages < 45: Half the Policy Term or 10, whichever is higher the number of times of annualised premium - For age >= 45: 0.25 times the Policy Term or 7, whichever is higher the number of times of annualised premium
- Maximum Sum Assured - Age at Entry (in years) 7 to 44, 45 to 50, 51 to 55, 56 to 60 / Maximum Multiple 30, 20, 15, 10
- **Minimum Premium:** Gold (Annual Premium = 25,000/-) Platinum (Annual Premium > 25,000/-)
- **Maximum Premium:** Gold Option = 25,000/- The maximum annualised premium that can be opted for under the Platinum Option is 200,000/-
Future Generali Bima Advantage Plus
Death Benefit: Higher of Sum Assured less withdrawals or Fund Value or 105% of premium paid till date of death
Maturity Benefit: Fund Value at maturity
It offers you six different fund options between debt, equity and balanced assets to suit your varying risk profile.
Rider: Under this plan, you can opt for a Future Generali Accidental Death Benefit Rider or Future Generali Linked Accidental Total & Permanent Disability Rider to enhance your base policy.
- **Age at Entry(as on last birthday):** 7 to 65 years
- **Age at Maturity (as on last birthday):** 18 to 75 years
- **Policy Term:** 10 to 30 years
- **Premium Paying Term:** Same as Policy Term
- **Sum Assured:**
- Minimum Sum Assured - Age < 45 years: Maximum (10, 0.5 x Policy Term) x Annual Premium Age >= 45 years: Maximum (7, 0.25 x Policy Term) x Annual Premium
- Maximum Sum Assured (as a multiple of Annual Premium) - Age 7 to 44 years, 45 to 54 years, 55 to 65 years, Maximum Multiple 25, 15, Same as Minimum Sum Assured
- **Annual Premium:** Minimum: 20,000/- Maximum: No limit, subject to underwriting
- **Premium Payment Mode:** Yearly, Half Yearly, Quarterly and Monthly
Future Generali Dhan Vridhi
Death Benefit: Higher of Sum Assured less withdrawals or Fund Value or 105% of premium paid till date of death
Maturity Benefit: Fund Value at maturity
Surrender benefit: The Future Generali Dhan Vridhi plan offers surrender value which is fund value minus the discontinuance charge (if any).
Riders: You can opt for a Future Generali Linked Accidental Death Rider to enhance your base policy at an additional premium.
- Minimum/ Maximum Age at Entry: For PPT of 5 years = 8 to 50 years (as on last birthday) Other PPTs = 8 to 60 years (as on last birthday) (PPT is Premium Paying Term)
- Minimum/ Maximum Age at Maturity: 18 to 70 years (as on last birthday)
- Premium Paying Frequency: Yearly, Half Yearly, Quarterly and Monthly
- Premium Paying Term and Policy Term: Fixed Policy Term 10 years, 15 years, 20 years / Available Premium Payment Term 5 years/ 7 years, 10 years/ 12 years, 15 years/ 17 years
- Minimum/ Maximum Sum Assured: Minimum and Maximum Sum Assured is as under: Age < 45 years: Maximum (10, 0.5 x Policy Term) x Annual Premium Age >= 45 years: Maximum (7, 0.25 x Policy Term) x Annual Premium
- Premium: Minimum = 20,000/- Maximum = No Limit, subject to underwriting
Future Generali Bima Gain
Death benefit: In case of death of the policyholder during the term of the policy, this plan pays the nominee the fund value as well as the sum assured. This amount however, cannot be less than 105% of the total premiums paid till date.
Maturity benefit: The maturity amount would be the fund value as on date of the maturity.
Surrender benefit: This policy doesn’t offer any surrender benefit in the first 5 years of the policy. You can however get the surrender benefit only post completion of 5 years, and that too without any charges.
Premium payment: The premium payment should be made in lump sum
