Future Generali India Life Insurance Company has launched a new product in the market. Its called the Secure Income Plan. Another 5 products are expected to be launched by Future Generali in the market this year.
The Managing Director and CEO of Future Generali had announced the above news on this Monday. The only thing holding the company back right now is regulatory authority clearance.
The Future Generali Secure Income Plan is specially designed for those falling in the age group of 0-60 years. The plan duration can be decided and later modified according to customer needs. Currently the company has plans with duration from 15 years to 65 years.
Once the premium payments are done, bonuses are paid out along with the accrued compound interest on the amount. Also annual cash backs which are guaranteed in the plan are given out. The cash backs are 5.5% of the sum assured. This cash back will continue till the policy matures. Once the policy matures, the investor will receive the whole amount along with a terminal bonus. The minimum amount which can be invested in this plan is Rs. 10,000.
For further details and information regarding the product or buying the product, give us a call on our toll free number 1800-103-9222. We could get you this income plan, quick, fast and without any hassles. Business Insurance and insuring future income is very important and we have a lot of choices for you to choose from. Its just a simple call.
Future Generali has been crossing many milestones and expects to touch another which is the Rs.600 crore by the end of this fiscal year.
Also another interesting fact is that 9% of the companies revenue comes from the rural market. Hence we know where the company will try to expand when these revenue figures are achieved.
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