All You Need To Know About Future Generali Assured Money Back Plan

Money back plans are a great way of savings as they provide regular access to these savings in the form of instalments. The Future Generali Assured Money Back Plan is one such money back plan. You are guaranteed financial stability even as you save up your current earnings. Additionally, it also provides protective cover and other benefits.

Variants of Future Generali Assured Money Back Plan

The Future Generali Assured Money Back Plan has two types of plan options under it. According to your convenience in paying premiums and how you would like to receive your survival benefits, you can choose any of the two options.

Option A

Under this option, the policyholder receives 10% of the Sum Assured every year for 9 years and 110% of the Sum Assured as Maturity Benefits.

Option B

On choosing this plan, policyholders will receive 10% of the Sum Assured every year for 4 years. When the Future Generali Assured Money Back Plan matures, a maturity benefit equal to 160% of the Sum Assured is paid out.

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Eligibility for Future Generali Assured Money Back Plan

Check out the following parameters in order to purchase the Future Generali Assured Money Back Plan.

Benefits Available Under the Future Generali Assured Money Back Plan

There are three types of benefits paid out under the Future Generali Assured Money Back Plan. Here is some brief information about them. For further clarification, make sure to refer to the plan brochure thoroughly.

• Survival Benefits

These are paid out in regular instalments and as a percentage of the sum assured. You will receive them according to the Plan Option you choose.

• Maturity Benefit

Maturity benefits are paid out once the policy term is over and the plan reaches maturity. The amount to be given out depends on the Plan Option chosen by the policyholder.

• Death Benefit

In case the policyholder dies within the policy term, a death benefit is paid out to their nominees. The death benefit is higher than any of the following: 10 times the Annualised Premium, 105% of the total premiums paid till the day of death, Maturity Benefit (under either option) or the Absolute Amount Assured payout on death (equal to the Sum Assured).

Must Check

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Endnotes

In conclusion, the Future Generali Assured Money Back Plan is a beneficial plan that provides multiple advantages. With this wise purchase, you can ensure the financial safety and security of yourself as well as your family. 

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.