• Future Generali Flexi Online Term Plan

    Future Generali is a popular general insurance provider that offers a wide range of insurance product options ranging from health and life insurance to car and travel insurance. The company is particularly famous for its life insurance offerings, as it offers several plan options stretching from term insurance plans to group plans, rural plans, ULIPs, savings plans and more.

    The Future Generali Flexi Online Term Plan is a popular term insurance policy offered by Future Generali and comes embedded with some really impressive features. Besides offering the normal benefits associated with a term insurance policy, the Flexi Online Term Plan also provides tax benefits and income protection. Let us look at the salient features of the policy and see what you can expect from the Flexi Online Term Plan from Future Generali.

    Eligibility -Who is the Future Generali Flexi Online Term Plan for?

    Following are the eligibility parameters for the Future Generali Flexi Online Term Insurance Plan:

    Particulars Basic Life Cover Income Protection
    Entry Age 18 to 55 years 25 years to 55 years
    Maturity Age Minimum age: 28 years Maximum age: 65 years for smokers and 75 years for non-smokers. Minimum: 45 years Maximum: 65 years
    Policy Term Minimum policy term: 10 years Maximum policy term: 65 years minus the entry age for smokers; and 75 years minus the entry age for non-smokers Minimum: 10 years Maximum 65 years minus the entry age

    Sum assured and Premium Range - What you get and what it costs

    The minimum Sum Assured under the Basic Life Cover option of the policy is Rs.50,00,000. Under the Income Protection Plan, following are the details:

    Plan Entry Age Monthly Amount
    Fixed Income Protection 25 years to 43 years Rs. 25,000
    Fixed Income Protection 44 years to 48 years Rs. 35,000
    Fixed Income Protection 49 years to 55 years Rs. 42,000
    Increasing Income Protection 25 years to 48 years Rs. 25,000
    Increasing Income Protection 49 years to 55 years Rs. 30,000

    *Premiums vary based on age, location, plan term and other factors

    Under both these options, there is no Limit on the maximum monthly amount.

    Plan coverage - What the Future Generali Flexi Online Term Plan Covers

    Death Benefit Under the Flexi Online Term Plan, the policyholder’s nominee will receive death benefits in the form of a lump sum payout, in the unfortunate demise of the policyholder.
    Income Protection The policy offers a fixed monthly income after your death until the time you were to turn 60 years of age. This is a form of maturity benefit provided under the policy.

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