Another first from Future Generali India Insurance, exclusively for Big Bazaar customers
Mumbai, January 27, 2010: Shoppers all across India thronging Big Bazaar outlets during January 23-26, to make the most of ‘Sabse Saste 4 Din’ offer had one more reason to celebrate. Future Generali India Insurance Company has just launched a unique ‘Monthly Income Protection Plan’ an insurance offering exclusively for the benefit of Big Bazaar customers, that provides for Child education, payment of loan EMIs and Monthly Household income protection to help the family tide over critical expenses in the event of accidental death or permanent total disablement to the earning member of the family. At a onetime fee of just Rs. 79/-, the policy can be availed instantly at any Big Bazaar outlet across the country.
The policy pays a fixed income of Rs. 10,000 per month for ten months to the family of the insured, in case of accidental death or permanent disablement, within one year of purchasing the policy. The amount can be utilized for education support, loan protect or family income support. A maximum of five units can be purchased, with a cover of up to Rs. 5 lakhs.
Future Generali is the pioneer and the only insurance player in India with the one of its kind ‘Mallassurance’ channel offering ‘Total Insurance Solutions’ across life and non-life, through 163 Future Group outlets in the country. Since inception, Future Generali has launched several innovative products specifically catering to this channel. The new Future Generali Monthly Income Protection Plan is the latest such low cost – high value offering and what better time to launch it than the ‘Sabse Saste 4 Din’ period when Big Bazaar sees the maximum footfalls as shoppers flock to Big Bazaars to benefit from the best deals of the year.
On the occasion, Anup Seth, Head – Mallassurance, Future Generali India, said “Post the recent economic turmoil we got customer feedback that prompted us innovate and create a product with an affordable price point for over all income protection. The Future Generali Monthly Income Protection Plan, is an all in one protection plan offering multiple covers for an extremely affordable cost. Given that Big Bazaar has been patronized by its customers for the high value for money quotient it offers, we believe the Rs 79 price point is an important draw for our customers. Big Bazaars attract customers of different income brackets and age groups as there is something for everyone and we follow the same mantra in when it comes to structuring our insurance offerings for the Mallassurance channel”.
The liability of Future Group and the Generali Group is limited to the extent of their shareholding in the Company
Insurance is the subject matter of Solicitation.
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