Prices Increasing Soon

Future Generali Express Term

Future Generali Express Term Plan offers life insurance till 85 years plus health cover for individual policyholders. The policy provides four options to choose premium payment terms based on age, income, and other policy aspects. Option 1 offers life cover, Option 2 offers extra life cover; Option 3 offers life plus health cover, and Option 4 offers all-in-one cover. As a life cover, it provides security for 34 critical illnesses.

Gets ₹1 Cr. Life Cover at just

COVID-19 Covered

The Policybazaar Advantage

Dedicated claim support for family FREE

Upto 10% discount^# for buying online

Only certified experts will call you on 100% recorded lines

We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future

Get ₹1 Crore Life cover starting from /month⁺

Male

Female

+91

We don’t spam

Check Your Premium Now

Get Updates on WhatsApp

The policy also includes scopes to changes the premium payment modes if required, to suit better financial convenience. The policyholders can customize their cover according to their preferences.

Parameters	Details
Policy Tenure	Option 1 and Option 2 5/10/15/20/25/30 -85 years less entry age (Limited and Regular pay plan) Option 3 and Option 4 Equal to Premium Payment term (Limited pay) 5 years to (80 years less entry age) years, subject to policy term and premium paying term
Premium Payment Terms	Limited Pay: 5/10/15, or 60 years less the age at entry, subject to a minimum 5 years Regular Pay
Premium Payment Mode	Monthly, Quarterly, Half-Yearly, and Yearly
Entry Age	18 -65 years
Maturity Age	Minimum: 23 years Maximum: 85 years (Option 1 and Option 2) and 80 years (Option 3 and Option 4)
Grace Period	15 days (Monthly) 30 days (Quarterly, Half-Yearly, and Yearly)
Sum Insured	Minimum: Rs. 25,00,000 Maximum: No limit. Subject to underwriting by Company
Liquidity	The policy does not offer any loan

Benefits of Future Generali Express Term

The core benefits offered by Future Generali Express Term are as follows:

Different Plan Options: Future Generali Express Term Policy offers four plan options such as life cover, extra life cover, life plus health cover, and all-in-one cover.
- The Life Cover Option offers financial support in case of death or terminal illness
- The Extra Life Cover provides additional financial support in case of accidental death. It also includes benefits available in Life cover.
- The Life plus Health Cover provides critical illness benefits. It also includes services available in Life cover.
- All-In-One Cover provides accidental death and critical illness benefits. It also includes services available in Life cover.
Surrender Benefit: The benefit is offered for only a limited premium payment option. The policyholders can surrender the policy at any time (except the last policy year) after the premiums for the first three policy years are paid. It provides a lump sum amount at surrender value.
Critical Illness Benefit: Future Generali Express Term Policy covers 34 critical illnesses if Option 3 or Option 4 policy plans are chosen.
Tax Benefit: It offers tax benefits* for premiums paid as per Section 80C and 80D of Income Tax Act 1961.

(*Tax benefit is subject to changes in tax laws)

The Premium for Future Generali Express Term

The policyholders can choose four Future Generali Express Term premium payment frequencies such as monthly, quarterly, half-yearly, and yearly. Minimum premium amounts are as shown below:

Monthly: Rs. 500
Quarterly: Rs. 1,000
Half-Yearly: Rs. 1,000
Yearly: Rs. 2,000

There is no maximum premium amount mentioned in the policy. However, it depends on the amount of sum assured. Future Generali Express Term calculator available online is helpful to calculate the premium amount.

Additional Riders for Future Generali Express Term

Not Available.

Eligibility for Future Generali Express Term

Entry Age: 18- 65 years
Maturity Age: Minimum 23 years and maximum 85 years for Option 1 and Option 2 and 80 years for Option 3 and Option 4

What are the Documents Required to Buy this Policy?

Identity proof such as Voter ID, Aadhar ID, PAN ID, driving license, or passport
Address proof such as Voter ID, Aadhar ID, driving license, passport, or ration card
Income proofs such as salary slips or ITRs

How to Buy this Plan Online?

Buying online Future Generali Express Term plan is currently not an option. You can follow the below steps, to get in touch with the advisor:

Step1: The policyholders must visit the official website of Policybazaar.com and choose relevant gender to buy Future Generali Express Term.

Step2: Enter the required details such as contact number, the city in which you live along with the pin code.

Step3: The financial advisor will contact back and discuss necessary details and terms and conditions related to the policy to choose the Future Generali Express Term premium amount and other policy terms.

Step4: Interested individuals can fill up the application form by providing the necessary details.

Step5: Once the medical examination is conducted, the policyholders will get the policy issuance based on the document assessment and verification.

The applicants can study Future Generali Express Term reviews available online before buying the policy.

Exclusions of Future Generali Express Term

Here is a rundown to the key exclusions of Future Generali Express Term:

Death Benefit: In the case of suicide, the policy will not offer any death benefit. However, if the death occurs within 12 months of risk commencement date or policy revival date, it will draw 80% of total Future Generali Express Term premium paid until date or survival value as applicable.
Accidental Total and Permanent Disability: The policy will not offer any benefit if the disability does not last at least 180 continuous days.
Accidental Death Benefit: It will not offer death benefits due to suicide, participation in riots or terrorist activities, fraud, or adventure sports.
Critical Illness Benefit: It will not offer any benefit in critical illness due to pre-existing diseases, drug addiction, self-injury, nuclear contamination, and others.

FAQs

Q1. Is there coverage for any pre-existing diseases under the policy?

Ans. No, pre-existing diseases are not covered under the policy.
Q2. When can the policy be revived if it lapses?

Ans. The policy once lapsed can be revived within five years, starting from the first unpaid due premium.
Q3. Is there any waiting period included in the policy to avail critical illness benefits?

Ans. The benefits of critical illness are offered based on company discretion and underwriting guidelines. The policy offers 90 days waiting period before offering the services. The waiting period starts from the latest policy revival date or risk commencement date.
Q4. What is the free look period included in the policy?

Ans. Future Generali Express Term Policy offers 15 days and 30 days free look period for policies bought through direct mode or distance marketing mode, respectively.
Q5. How much sum can be assured for accidental death and critical illness death?

Ans. The policy offers an assured sum of a minimum RS. 5, 00,000 for accidental benefits and critical illness benefits exclusively.
Q6. How to check the status of the Future Generali Express Term Policy?

Ans. The service team of Future Generali India Life Insurance Company Limited can help to check Future Generali Express Term status. They will ask for the policy number and other related details.
Q7. In the case of rebates, fraud, misrepresentation, and statutory activities, which acts are enforceable?

Ans. If the policyholders buy Future Generali Express Term and find and issues related to the rebate, they can take legal action as per Section 41 or Insurance Act 1938. The topics related to fraud, misrepresentation, and statutory activities are enforceable under Section 45 of the Insurance Act 1938.