Future Generali Triple Anand Advantage

Presenting Future Generali’s Triple Anand Advantage insurance plan, a plan with 3 in 1 benefits. It ensures that you save and receive money in a systematic manner so that when you need funds, you have them in order to materialise all your dreams. So go ahead, enjoy the triple benefits and live life with a smile.

• Policyholders have a choice of two limited premium payment terms of 15 and 20 years
• On turning 80 years of age, the policyholder receives another lump sum payout
• The bonuses available accrue throughout the policy term and help generate more wealth for the policyholder
• Policyholders enjoy a high insurance cover as the minimum Sum Assured is two lakhs and there is no limit on the maximum Sum Assured.

• Future Generali Triple Anand Advantage is a traditional endowment plan with bonus
• Policy term is premium paying term plus 5 years
• The plan provides guaranteed payout of 10% of sum assured for 5 years after the end of the premium paying term plus 50% of sum assured on maturity plus 100% of sum assured on life assured attaining age 80 years

• Maturity :
  5 years after your Premium Payment Term, you will receive a Lump Sum payout equal to 50% of the Sum Assured  +   any declared Compounded Reversionary bonus + any Terminal Bonus
• Survival Benefit :
  If you have paid all your premiums till the completion of the Premium Payment Term, you will receive 5 annual payouts equal to 10% of your Sum Assured which is called the Survival Benefit. These payouts will begin at the end of the same year in which you paid your last premium.
• Death :
  105% of all the premiums paid (excluding taxes, rider premiums and extra premiums, if any) as on date of death; or  Death Sum Assured + Accrued Compounded Reversionary Bonuses (if any) plus Terminal Bonus (if any)
• Extended Life Cover :
  Your insurance cover will be active till you turn 80. Once you reach 80 years of age, you will receive another Lump Sum payment equal to 100% of your Sum Assured which is called the Extended Cover Payout.

No riders are available under this product

If the Life Insured under the Policy, whether medically sane or insane, commits suicide, within one year of the date of reinstatement of the Policy, the Policy shall be void and the Company will only be liable to pay the higher of 80% of premiums paid or the surrender value.

Tax Benefits

Tax benefits will be as per Section 80C & Section 10(10D) of the Income Tax Act, 1961

Know Claim Process of Future Generali Triple Anand Advantage

Claim Process

Future Generali Life Insurance is a joint venture between three leading groups: Future Group - A leading retailer of India, Generali Group - A global insurance group that features among the top 50 largest companies of the world and Industrial Investment Trust Limited (IITL) - A leading investment company.Future Generali Life Insurance, incorporated in September 2007, is present across 84 branches.