FGILI launches New Assure Plus

3 Aug 2017

Future Generali India Life Insurance Company Limited (FGILI) announced the launch of New Assure Plus. It is a simple and flexible, non-linked, participating insurance plan which means the maturity Payouts can be enhanced by way of bonuses.
The best feature under this plan is that it offers customers the flexibility to choose between 2 Death Benefit Options. Death Benefit Option 2 offers customers a dual Benefit Payout, one at the time of death and the other at the time of maturity. The policy continues after the death of the policy holder and all future premiums are waived-off. The nominee receives a Maturity Payout as would be the case, if the insured person would have continued to live. Additionally, customers have the flexibility to choose a Policy Term and Premium Payment Term as per their individual financial needs.
Munish Sharda, Managing Director & CEO, Future Generali Life Insurance said, “With the launch of the Future Generali New Assure Plus, we are giving customers the power to marry their financial preparedness to their important milestone so that they don’t have to make compromises. The product will also tap into the higher-age band segment to give them a chance to benefit from financial planning if they have missed out in doing so in the past. This product is in line with our philosophy of offering simple to understand products which deliver value to both, our customers as well as distributors.” (EOIC)