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Product Information
Wealth Plans Future Generali Wealth Protect Plan
Synopsis:
This plan offers a combination of high cover (up to 30 times the annual premium) and investment to fulfil your long-term financial goals while safeguarding the interests of your dependents.

Benefits:

  • Maturity Benefit
  • On maturity of the policy, the Fund Value (market value of the investment) plus guaranteed loyalty addition as on the date of maturity is paid.
  • Guaranteed loyalty addition:
  • 5% of the first year annualised premium for Gold option
    7.5% of the first year annualised premium for Platinum option
  • Death Benefit
  • In case of demise of the Life Assured during the Policy Term, while the policy is in force, the nominee receives the higher of:
    Sum Assured less Deductible Partial Withdrawals*, if any, or Fund Value under the policy, or 105% of the total premiums paid, less Deductible Partial Withdrawals, if any
Eligibility:

Minimum - Maximum Age at Entry

Minimum: 7 years (as on last birthday)
Maximum: 60 years (as on last birthday)

Minimum - Maximum Age at Maturity

Minimum: 22 years (as on last birthday)
Maximum: 75 years (as on last birthday)

Premium Modes

Gold Annual Premium =25,000/-

Platinum Annual Premium >25,000/-

Yearly/ Half-Yearly mode

Yearly/ Half-Yearly/ Quarterly/ Monthly (ECS) mode

 

Policy Term

15 to 40 years

Premium Paying Term

Equal to Policy Term

Sum Assured

Minimum Sum Assured

· For ages < 45: Half the Policy Term or 10, whichever is higher the number of times of annualized premium

· For age >= 45: 0.25 times the Policy Term or 7, whichever is higher the number of times of annualized premium

 

Maximum Sum Assured
M* annualized premium where M is a factor which depends upon the entry age (of the Life Assured)

Age at Entry (in years)

Maximum Multiple

7 to 44

30

45 to 50

20

51 to 55

15

56 to 60

10

 

Maximum Premium

Gold Option = 25,000/-
The maximum annualized premium that can be opted for under the Platinum Option is 200,000/-