Future Generali Insurance plans

Future Generali Life Flexi Online Term

Future Generali Life Flexi Online Term Insurance offers adequate support to the family of an insured individual, helping them continue with their life even in the absence of a policyholder.

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 Flexi Online Term Insurance Overview

  • Key Features
  • Eligibility

Key features of Future Generali Life Flexi Online Term Insurance

  • Simple – This plan is simple to understand and purchase, with an online purchase option making it quick and convenient.
  • Affordable premiums – Individuals can get high cover at affordable premium amounts.
  • Multiple payment options – Policyholders can choose from three pay-out plans, with an option for either lump sum, monthly or a combination of lump sum and monthly payment.
  • Customisation – A policyholder has the freedom to customise his/her plan, choosing a payment option which best suits the need of his/her family. One can choose between the basic life cover and income protection plan.
  • Special premium rates – Women and non-smokers are eligible for lower premium rates, with an additional incentive for a healthy lifestyle.

Eligibility Criteria of Future Generali Life Flexi Online Term Insurance

Parameter Criterion
Basic Life Cover Income Protection
Entry Age (as on last birthday) 18 - 55 years 25 - 55 years
Maturity Age Minimum: 28 years Minimum: 45 years

Maturity Age Maximum: Smoker: 65 years
Non – Smoker: 75 years
Maximum: 65 years
Policy Term Minimum: 10 years Minimum: 10 years  (subject to minimum maturity age of 45 years)
Policy Term Maximum: Smoker: 65 years minus Entry Age
Non-smoker:   75 years minus Entry Age
Maximum: 65 years minus Entry Age
Premium Payment Term Equal to the Policy Term for all options
Premium Payment Frequency Annual and Monthly

Brochure

Review Future Generali Life Flexi Online Term Insurance Insurance brochure to understand coverage details.

Know more »

Policy wordings

Review Future Generali Life Flexi Online Term Insurance policy wordings which explains the terms and conditions.

Know more »

Search for Future Generali Term Life plan insurance

-

ONLINE CHAT

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