Future Generali Life ULIP Plans

Different Types of Future Generali Life ULIP Plans

Here are 5 Future Generali ULIP plans that are available to you for investing your money.

1. Future Generali Big Dreams Plan

   Future Generali Big Dreams Plan is a comprehensive Unit Linked Insurance Plan (ULIP) that offers you the power to fulfil your big dreams while securing your family's future. It combines the benefits of life insurance with the potential for wealth creation through market-linked investments.

   Here are the key features of this plan:

   • Earn extra allocation from 1% to 7% on each instalment premium paid within the grace period, accelerating your wealth growth.

   • Zero allocation and admin charges let you keep more of your money invested.

   • Life cover provides financial security for your family in case of unfortunate events.

   • Choose from 3 flexible options: Wealth Creation, Retire Smart, and Dream Protect to match your life goals.

   • Systematic partial withdrawals (available in Wealth Creation and Retire Smart options) provide regular income to meet your needs.

   • Switch units between available funds to manage asset allocation and adjust to market conditions.

   • Opt for optional riders covering Accidental Death and Accidental Total & Permanent Disability for extra peace of mind.

   • Take advantage of tax deductions under Section 80C and 10(10D) of the Income Tax Act.

   • Buy the plan online in just a few clicks for seamless convenience.

2. Future Generali Easy Invest Online Plan

   The Future Generali Easy Invest Online Plan is a Unit Linked Insurance Plan (ULIP) that combines the benefits of life insurance with the potential for wealth creation through market-linked investments. It's specifically designed for online purchase and management, offering a convenient and accessible way to achieve your financial goals.

   Key features of this plan:

   • Protection: Provides life cover for your loved ones, offering financial security in case of your unfortunate demise.

   • Flexibility: Allows partial withdrawals after 5 years, giving you access to funds for unforeseen expenses without interrupting your long-term investment journey.

   • Systematic Investment: Encourages consistent saving habits through monthly or annual premium payments, fostering financial discipline.

   • Enhanced Returns: Rewards your commitment with loyalty additions in the last 5 years, boosting your potential wealth accumulation.

   • Control: Empower you to switch funds based on your evolving risk appetite and market conditions, ensuring your investments align with your goals.

   • Tax Benefits: Leverages tax deductions under Section 80C and 10(10D) of the Income Tax Act 1961, maximising your tax efficiency.

   

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3. Future Generali Dhan Vridhi

   Future Generali Dhan Vridhi is a Unit Linked Insurance Plan (ULIP) with a limited premium payment period designed to help you achieve your medium to long-term financial goals. It seamlessly blends life insurance protection with the potential for wealth creation through market-linked investments.

   Key features of this plan:

   • Limited Premium Payments: Pay premiums for a fixed period, enjoying protection and investment benefits for a longer duration.

   • Flexibility and Control: Choose from seven robust unit funds to match your risk appetite and switch funds to maximise returns as your goals or market conditions evolve.

   • Partial Withdrawals: Access a portion of your invested funds after five years, providing liquidity for unforeseen needs.

   • Tax Advantages: Premiums paid qualify for tax benefits under Section 80C and 10(10D) of the Income Tax Act, potentially reducing your tax burden.

   • Long-Term Growth Potential: Invest in a diverse range of market-linked instruments with the potential for significant capital appreciation over time.

   • Life Insurance Cover: Get peace of mind knowing your loved ones are financially protected in case of an unfortunate event.

4. Future Generali Wealth Protect Plan

   The Future Generali Wealth Protect Plan is a Unit Linked Insurance Plan (ULIP) that combines life insurance coverage with the potential for wealth creation through investment. It caters to individuals seeking financial security and the flexibility to build their desired corpus.

   Key features of the plan:

   • Comprehensive Protection: Get life insurance coverage 7 to 30 times your annual premium, providing peace of mind for your loved ones.

   • Guaranteed Loyalty Bonus: Secure a guaranteed loyalty addition on maturity, based on your first year's premium, offering a sweetener to your future returns.

   • Choice of Investment Funds: Enjoy the freedom to choose from 7 diverse investment fund options, tailoring your portfolio to your risk appetite and financial goals.

   • Flexibility and Control: Customize your plan by choosing the policy term, premium payment mode, sum assured multiplier, and options like fund switching and premium redirection for optimal returns.

   • Enhanced Protection: Opt for additional benefit riders for critical illness or accidental death for a more comprehensive safety net.

   • Liquidity Access: Benefit from partial withdrawals and surrender options, providing you with access to your funds when needed.

   

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5. Future Generali Bima Advantage Plus

   Future Generali Bima Advantage Plus is an individual, unit-linked, non-participating life insurance plan designed to help you achieve your medium to long-term financial goals. It blends the security of life insurance coverage with the potential for wealth growth through market-linked investments, offering a multifaceted financial solution.

   Key features of the plan:

   • Protection and Investment: Bima Advantage Plus provides a unique combination of life insurance protection for your loved ones in case of unfortunate events while simultaneously allowing you to invest in a variety of market-linked funds to grow your wealth over time. This enables you to secure your future while building financial stability.

   • Customised Investment Choices: Choose from a diverse range of seven investment funds to match your risk appetite and financial objectives. Whether you prioritise capital preservation or are comfortable with higher risk for potentially greater returns, you have the flexibility to tailor your investment strategy.

   • Tax Advantages: Premiums paid towards Bima Advantage Plus are eligible for tax benefits under sections 80C and 10(10D) of the Income Tax Act, 1961, potentially reducing your tax liability and maximising your savings.

Conclusion

Before choosing a Future Generali Life ULIP Plan, it's crucial to carefully compare different options, understand the associated charges and risks, and ensure the plan aligns with your specific financial goals and risk tolerance. You can consult with a financial advisor for personalised recommendations.