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Future Generali Assure - With-Profit Endowment Plan
Future Generali
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Future Generali Assure
Future Generali Assure
( UIN No: 133N001V01 )
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Future Assure”
a with-profit endowment plan, is just the right plan, ensuring financial freedom which your family deserves, even in your absence. The plan will be offered along with 6 optional riders, namely, Term Assurance Rider, Waiver of Premium on Disability Rider, Life Guardian Rider,
Accidental Death Rider
, Accidental Total & Permanent Disability Rider and a Critical Illness Rider.
On death of life insured: Sum Assured plus accrued bonus
On maturity: Sum Assured plus accrued bonus
On Surrender of Policy: Surrender Value
Policy Loan available after the policy acquires Surrender Value
Bonus: The policy shall participate in the profits arising out of Company's 'with profits' life insurance business. It gets a share of the profits emerging from this business in the form of bonuses. Compounded Reversionary bonuses would be declared as a percentage rate, which apply to the sum assured in respect of the basic policy benefit (not on riders) and all attached bonuses. Reversionary bonus is declared based on our long term view of investment returns, expenses, mortality and other experience. Once declared, the Reversionary bonuses form a part of the guaranteed benefits of the plan. Future bonuses are however not guaranteed and will depend on future profits. A Terminal bonus may also be paid at maturity, earlier death or surrender.
Bonus: The policy receives compounded reversionary bonuses which are added on every valuation.
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