Future Generali India Life launches ‘Future Generali Money Back Super Plan’

Future Generali India Life Insurance Company (FGILI), announced the launch of its latest offering, Future Generali Money Back Super Plan. The product is a traditional non-participating money back plan.

It allows the policyholders to choose between two plan options offering money backs during the term along with a lumpsum maturity payout. However, Option 1 offers higher lumpsum at maturity whereas Option 2 offers higher money backs during the term. It thus puts the policyholders in total control.

The product also allows the policyholders to choose the duration of the money back income in the currency of the policy.

Insurance buyers enjoy tax benefits when the pay regular premium for the sum assured of their choice. Intermittent payouts serve the income needs of the individual life insured.

Announcing the launch of Future Generali Money Back Super Plan, Mr. Bikash Choudhary, Appointed Actuary and Chief Risk Officer, Future Generali India Life Insurance Company said, “The ongoing pandemic and market fluctuations have made people much more aware of the importance of being financially protected. The focus is especially drawn towards the guaranteed products. The flexibility to customize this plan basis their needs, is what makes this product more appealing.”