Future Generali Flexi Online

Benefits of Future Generali Flexi Online

Here are the key benefits of Future Generali Flexi Online Plan:

Death Benefit:

On the policyholder's death, the nominee would receive a death benefit equalling the amount of the sum assured. This Death Benefit will be calculated as the amount which is higher of any of these:

105% of the total Future Generali Flexi Online premium paid,

10 times Annualised Premium (excluding applicable taxes, rider and underwriting premiums, etc.),

Absolute Death Sum Assured amount payable on death

Tax Benefit:

The paid Future Generali Flexi Online premium is eligible for tax benefits under Sections 80 C, 80 CCC (1), 80 D, 10 (10D),* as applicable.

* Tax benefit is subject to changes in tax laws

*Standard T&C apply

Maturity Benefit:

There are no maturity benefits payable under the Future Generali Flexi Online policy.

Premium Savings:

This policy allows the applicants to save on applied premiums for higher sum assured amounts and even for female policyholders and non-smokers.

The Premium for Future Generali Flexi Online

The Future Generali Flexi Online premium can be paid annually or monthly.

These premiums can be paid in three premium terms: single pay, regular pay, and limited pay.

Additional Riders for Future Generali Flexi Online

Under Future Generali Flexi Online, the applicable rider option for this plan is:

• Future Generali Accidental Benefit Rider

The policyholder can add on this rider to the base plan to secure himself and his family against accidental death or disability and seek extra financial protection.

Eligibility for Future Generali Flexi Online

• Entry age: Minimum 18 years and maximum 55 years of age
• Maturity age: Minimum 28 years and a maximum of 65 years for smokers and 75 years for non-smokers. (varies as per plans)

What are the Documents Required to Buy this Policy?

For anyone interested to buy the Future Generali Flexi Online plan,  the following documents will be required:

• Age proof - Such as Driving license / Voter's ID card
• Identity proof such as Voter's ID card / Driving Licence
• Address proof such as Telephone bill / Ration card
• Income proof such as Latest 3 months' Salary Slips / Assessment Order/ Employer's Certificate

How to Buy this Plan Online?

Online Future Generali Flexi Online plan can be purchased in a few quick steps:

• Go to the official website of Policybazaar and fill in the details.
• Generate a quotation for oneself in the Policybazaar website.
• Fill in the online application form, pay for premium online.
• Submit the necessary documents online.

Exclusions of Online Future Generali Flexi Online Plan

The policy presents a suicide clause, which is as follows:

• Suppose the policyholder dies by suicide within a year of Future Generali Flexi Online policy. In that case, the beneficiary will be entitled to an amount that equals 80% of the premiums paid till death.
• If the policyholder dies by suicide within a year from the revival date of the plan, if revived, the beneficiary will receive 80% of the premiums paid till death.

FAQs