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Future Generali Life Assured Education Insurance

Future Generali Assured Education Plan is a non-linked, non-participating insurance plan that is designed to provide payouts at key education milestones for your child. This plan is an ideal launching pad for your child’s bright career and it ensures that your child’s education is never get compromised.
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Future Generali Life insurance review

Future Generali Life Insurance plans
Distribution - Number of branches pan India (March 2019)
117
Entry Age Minimum/Maximum (Years) - Term Plans
18/55
Sum Assured Minimum / Maximum - Term Plans
3 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/65
Solvency Ratio (FY 2018-19) *
1.62
Number of Policies Sold (Ind+Group) *
65,325
Number of Lives Covered (Ind+Group) **
629,811
Claims Settlement Ratio (Ind+Group) ***
95.72%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Future Generali Life Triple Anand Advantage Insurance Overview

  • Key Features
  • Eligibility

Key features of Future Generali Life Assured Education Insurance

  • Get regular money back
  • Lump sum payout at maturity
  • Life cover till 80 years
  • Choose limited premium payment period
  • Loan benefit available
  • Avail tax benefits

Eligibility Criteria of Future Generali Life Assured Education Insurance

Entry Age (as on last birthday) 7 to 50 years. Please note, we will undertake the risk on your policy from the policy commencement date
Maturity Age 27 years – 75 years
Policy Term Premium Payment Term + 5 years
Premium Payment Term (PPT) 15 or 20 years
Minimum Sum Assured `2,00,000
Premium Payment Frequency Annual, Semi-Annual and Monthly
Premium Minimum: `15,000
Maximum: No limit

Brochure

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Policy wordings

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    710, 6th B Cross, 16th Main Road, Koramangala 3rd Block, Bangalore - 560 034.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025