Future Generali launches innovative retirement plans
Future Generali launches innovative retirement plans –
Future Pension plan and Future Pension Advantage plan (ULIP)
MUMBAI, Oct 6, 2008: Future Generali, the Insurance venture of Future Group of India and Generali Group of Italy has launched two retirement plans Future Pension plan and Future Pension Advantage plan (ULIP).
These innovative plans are based on a clear customer understanding and are aligned to a rapidly growing product segment - fueled by an increasing awareness among the Indian middle class working segment that retirement planning is no longer a luxury but a prudent investment plan.
Innovative Features:
Future Pension plan:
- Additional premium contribution option, which can be made even on a lapsed policy.
Future Pension Advantage plan
- 40 – 80 yr age band. The widest band to select retirement age in the industry.
Providing flexibility to the customer
- Minimum deferment period – 2 years (single premium option).
Mr Jayant Khosla, CEO & MD, Future Generali India Life Insurance Company said:
“We are delighted to launch the retirement initiative of Future Generali by launching the Future pension plan and the Future Pension Advantage plan. Both these plans offer distinct and relevant advantages to customers in line with their needs & aspirations.
The launch of these innovative products strengthens our growing portfolio and our unique ability as India’s first Integrated Insurance Provider, to offer Total Insurance Solutions catering to the requirements of an ever-evolving Indian consumer.”
