Future Generali launches Smart Life
Bangalore : Future Generali India Life Insurance Company, the Insurance joint venture between Future Group of India and Generali Group of Italy, on Tuesday launched Smart Life, an affordable pure term protection plan that can be purchased online.
Future Generali Smart Life plan is a non linked, non participating plan that provides rebates on premium for higher sum assured.
The plan offers cover till the age of 68 years, and is for customers in the age group of 18-60 years.
Premium can be paid annually for term spanning 8 years to 30 years and minimum sum assured ranging from ` 10,00,000 to `49,99,999. For policyholders buying large sum assured levels, a large size discount/ rebate is available for sum assured between Rs 25 Lakhs and less than Rs 50 lakhs.
In case of death of the life assured during the policy term, the nominee receives the sum assured under the policy.
Tax benefits can be availed through purchase of Future Generali Smart Life.
Further, this product aims to tap into young, technologically savvy Indian customers by providing financial security and protection at a click at www.futuregenerali.in.
Speaking on the occasion, Deepak Sood, MD & CEO, Future Generali India Life Insurance Company said, ?Future Generali?s Smart Life plan has been structured to suit the needs of a customer segment that would prefer to choose and buy a competitively priced life insurance solution from the comfort of their home or office ? completely online.?
Future Generali is currently active through 191 offices with over 48,000 licensed advisors.