FG Group Traditional Superannuation Plan

FG Group Traditional Superannuation Plan ( UIN: 133N016V01 )

In today’s time when the prospect of out-living retirement savings is larger than ever, few employees take the time to plan their long-term financial goals or have the discipline to systematically save for their retirement years. Employees are one the most valued assets for an employer. You can provide an employee a delightful, secure and independent post retirement life.

Hence, Future Generali India Life Insurance Co. Ltd. provides Future Generali Group Traditional Superannuation Plan – a plan that not only guarantees your capital but also offers you the benefit of post retirement for your employees...!!!

Future Generali Group Traditional Superannuation Plan

It is a Non-Participating Group Traditional superannuation scheme. Under this plan, the contributions paid continue to accumulate on traditional platform of investments and at the end of the financial year; an investment income is credited to your Superannuation policy account.

This Product offers Fund Management for two types of schemes, Defined Benefit and Defined Contribution.

The Product allows for the contribution either from Employer (non Contributory) or from both the Employer and Employees (Contributory).

  • Defined Benefit Scheme:

Under this scheme the amount of Pension and other benefits are defined in advance in the rules of the scheme.

Future Generali India Life Insurance Company’s liability at any time will be limited to the balance in the policy account.
  • Defined Contribution Scheme:
Under this scheme the rate of contributions or the amount of contributions are defined in the rules of the scheme. Separate member level accounts will be maintained, if required by the Policyholder.

Future Generali India Life Insurance Company’s liability at any time will be limited to the balance in the policy account.

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