There is so much choice in Insurance. Getting the best deal is far more easier now, thanks to comparison options available online.
Life Insurance Company, Future Generali, is a shared endeavour between IITL or Industrial Investment Trust Limited, Generali Group, and Future Group. Future Groups is of the top retailers in the country, handling some of the most popular chains like Big Bazaar, eZone, Food Bazaar, etc. It aims at bringing a better change in the Indian business sectors. The Generali Group is one of the world’s largest insurance companies, listed globally among the top 50. Incorporated in the year 1933, IITL is another of the leading investment companies in the world.
It was started in September, in the year 2007 and aims towards providing all insurance solutions to its customers under one roof. Moreover, the company is a huge network, offering its customers a wide range of insurance products.
The company works towards improving people’s quality of life through insurance by protecting their wealth, providing safety and the best service. It is known for valuing its customers and encouraging diversity.
Since its inception in 2007, the company has been growing widely and currently has 137 branches throughout the country. Also, more than 1,600 agents are representing it across the country.
More than 1,400 funds has been infused in the company so far. During Future Generali Insurance Week in 2011, Guinness World Record was made by the company for forming the Longest Balloon Chain.
It has a solid foundation with more than Rs. 1,900 crore assets under management. Generali Life Insurance has covered more than 11 lakh people throughout the country and has 2,200 corporate clients which indicate its strong customer base. Also, it settles more than 1,80,000 claims every year.
Below are listed a few reasons as to why you should choose Future Generali Life Insurance:
It has a product to meet each of your insurance needs.
If you are looking for an inexpensive plan which meets most of your needs by providing total protection and financial security to your family in case of some unexpected occurrence, this is the one that you could go for. It will provide you with monetary coverage for a particular period.
Following are the plans under it:
If you are someone who doesn’t like to take any risks, this is probably the best plan for you. They are one of the oldest plans, and you get the guaranteed sum and also a bonus at maturity.
Following are the plans under it:
These plans help fulfil your financial goals, be it a medium term or long term. With this plan, you can choose to participate in capital markets.
Following are the plans under it:
REGULAR/LIMITED PREMIUM
SINGLE PREMIUM
These plans provide you with consistent income for a certain period. You can also receive death benefits, maturity benefits and tax benefits.
Following are the plans under it:
These plans are perfect for groups and institutions. They have many options to extend your loans, life insurance, superannuation, etc.
Following are the plans under it:
As the name suggests, these plans are for you to live a happy and relaxed life after your retirement. You’ll be provided with regular pension and also guaranteed benefits.
Following are the plans under it:
These plans are created with low cover at low premiums, and still crafted to meet the necessities of people throughout the country.
Following are the plans under it:
These plans are designed to help your family if you meet with some unfortunate occurrence and aren’t around for them.
Following are the plans under it:
Basic Life Cover | Income Protection | |
Minimum Entry Age | 18 years | 25 years |
Maximum Entry Age | 55 years | 55 years |
Maturity Age | Minimum – 28 years Maximum – 75 years, 65 years for smoker |
Minimum – 45 years Maximum – 65 years |
Policy Term | Minimum - 10 years Maximum – 75 years (Smoker – 65 years) minus Entry Age |
Minimum – 10 years Maximum – 65 years minus entry age |
My Protection Plan | ||
Premium Payment Frequency | Annual | |
Minimum Sum Assured | Rs. 50,00,000 | |
Maximum Sum Assured | No Limit |
Benefits:
Minimum Entry Age | 7 |
---|---|
Maximum Entry Age | 55 |
Maturity Age | Minimum – 23 Maximum - 73 |
Policy Term | Minimum – 16 Maximum - 18 |
Premium Payment Mode | Yearly/Half Yearly/Quarterly/Monthly |
Maximum/Minimum Sum Assured | Based on Policy Term Chosen |
Benefits:
Minimum Entry Age | 1 |
Maximum Entry Age | 65 |
Premium Payment Frequency and Policy Term | Major lives - 10 years, 15 years, 20 years or 80 years minus age at entry. |
Sum Assured | Major lives (in lakhs): 10, 20, 30, and 40 |
Benefits: