Minimum Premium (Rs)
Yearly
2500
Premium Payment Frequency
Yearly
Premium Payment Term
Regular, equal to policy tenure
Policy Cover
Cover remains fixed for the tenure of the policy
Other Features
Free Look Cancellation
In case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered
Grace Period
You are allowed to pay premiums within 30 days from the due date. If a due premium is not received within the grace period of 30 days, your policy will lapse and the life insurance cover, including the rider cover, if any, will be terminated
Lapsed Policy Reinstatement
You can reinstate your lapsed policy any time (within 3 years from the due date of the first unpaid premium) by paying all the due premiums and undergoing underwriting requirements, if any
Tax Benefits
Section 80C and Section 10 (10D) of the Income Tax Act, 1961 would apply
Exclusions
In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable
Surrender Value
There is no surrender benefit in this plan
Customer Service
Address
Future Generali Life Insurance, Indiabulls Finance Centre, Tower 1, 12th & 15th Floor, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400 013
Call On
1860-500-3333 and 1800-220-233 (BSNL/MTNL)
