… that as a caring parent, you always want to be there for your children. That you want to be around to ensure that their education, careers and lives shape up well. This plan helps you make sure that your children will be adequately supported and that their financial needs will be taken care of even after your lifetime.
Features And Benefits
Future Generali Child Benefit Plan
- Flexibility in terms of planning for your child’s future with range of options offered under the plan
- Depending upon the option selected, regular payouts to provide money to meet educational expenses at different stages are provided
- Sum Assured as a lump sum in case of your unfortunate demise or total and permanent disability arising out of accident prior to maturity, whichever is earlier. The policy remains in force for the remaining term and will continue to accrue guaranteed additions and future bonuses. Premiums are waived for the remaining term
- Guaranteed Additions @3.5% of Sum Assured per annum at a compounding rate at the end of each of the first five policy years
- Compounded Reversionary bonuses thereafter
- Large Sum Assured Discount
- Tax benefits on premiums paid
- Benefits received are non-taxable.
Future Generali Child Benefit Plan UIN No: 133N013V01
For more product information please refer to the product brochures and policy terms and conditions of the insurer. Click here for details.