Private insurer Future Generali India Life Insurance
Company Limited has recently launched two new individual life insurance
products - 'Bima Gain' and 'Pension Guarantee'.
Future Generali India Life CEO and Whole Time Director Mr. Gorakhnath Agarwal said, “By making just one payment for adequate life protection and wealth creation, Bima Gain plan allows the customers flexibility to switch investment in funds, access money invested at any time by way of partial withdrawals after the completion of 5 years lock-in period."
As per the company release, Bima Gain a ULIP plan that offers insurance cover up to 10 times the single premium to customers in the age group of 8 to 65 years.
Whereas, the Pension Guarantee plan that ensures a worry-free, comfortable retired life for a person and his spouse, offering a Maturity Sum Assured and an accrued compounded revisionary bonus. Any individual between the age group of 20 to 70 years can enter into the plan, and the vesting age is 40-80 years. With a minimum annualised premium of Rs 11,000, it offers its customers to choose premium payment frequency from monthly, half-yearly or yearly.
Future Generali India Life Insurance Company Limited is a joint venture between Future Group, one of India's leading business houses with multiple businesses spanning across the consumption space; and Italy-based Generali Group, a leading player in the global insurance and financial markets.
Future Generali India Life CEO and Whole Time Director Mr. Gorakhnath Agarwal said, “By making just one payment for adequate life protection and wealth creation, Bima Gain plan allows the customers flexibility to switch investment in funds, access money invested at any time by way of partial withdrawals after the completion of 5 years lock-in period."
As per the company release, Bima Gain a ULIP plan that offers insurance cover up to 10 times the single premium to customers in the age group of 8 to 65 years.
Whereas, the Pension Guarantee plan that ensures a worry-free, comfortable retired life for a person and his spouse, offering a Maturity Sum Assured and an accrued compounded revisionary bonus. Any individual between the age group of 20 to 70 years can enter into the plan, and the vesting age is 40-80 years. With a minimum annualised premium of Rs 11,000, it offers its customers to choose premium payment frequency from monthly, half-yearly or yearly.
Future Generali India Life Insurance Company Limited is a joint venture between Future Group, one of India's leading business houses with multiple businesses spanning across the consumption space; and Italy-based Generali Group, a leading player in the global insurance and financial markets.
Source: http://www.insuringindia.com
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