Future Generali Jan Suraksha Plan

Future Generali Jan Suraksha Plan is a non-participating, non-linked (without profit) savings life insurance plan that provides insurance coverage to the family of the insured in case of any eventuality.  Under this plan, one needs to pay the premium one time and can avail the life insurance cover with assured maturity amount.

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Get ₹1 Cr. Life Cover at just ₹411/month*
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checkup required
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upto 10% discount**
Tax Benefit
Upto Rs. 46800
Life Cover Till Age
99 Years
8 Lakh+
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*Tax benefit is subject to changes in tax laws.

**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

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Further, in this article we have discussed in details all you need to know about Future Generali Jan Suraksha Plan.

Eligibility Criteria of Future Generali Jan Suraksha Plan 

The below table explains the eligibility conditions and details of the Future Generali Jan Suraksha Plan. 



Policy Term

8 years 

Premium Payment Term


Tax Benefit


Entry Age 

18 to 50 years

Loan Facility


Benefits offered by Future Generali Jan Suraksha Plan 

  1. Death Benefit 

    • 5 times the single premium (excluding applicable taxes and extra premium, if any)
    • Maturity benefit at the end of the policy tenure.

    Age Band


    Rs. 500 (Exclusive of Taxes)


    Rs. 750 (Exclusive of Taxes)


    Rs. 14,000/-

    Rs. 21,000/-


    Rs. 12,000/-

    Rs. 18,000/-


    Rs. 10,000/-

    Rs. 15,000/-


    Rs. 7,500/-

    Rs. 11,500/-


    Rs. 5,000/-

    Rs. 7,500/-


    Not Applicable

    Rs. 5,000/-

    • Surrender benefit- On surrender, the higher of special surrender value and the guaranteed surrender value will be paid. 

    The surrender benefit under the Future Generali Jan Suraksha Plan is payable as follows: 

    Policy Year of Surrender


    Rs. 500 (Exclusive of Taxes)


    Rs. 750 (Exclusive of Taxes)


    Rs. 300/-

    Rs. 450/-


    Rs. 275/-

    Rs. 412.50/-


    Rs. 250/-

    Rs. 375/-


    Rs. 200/-

    Rs. 300/-


    Rs. 175/-

    Rs. 262.50/-


    Rs. 150/-

    Rs. 225/-


    Rs. 100/-

    Rs. 150/-


    Rs. 0/-

    Rs. 0/-

    Note - The policy terminates when surrendered, and no further benefits are payable under the policy. Surrender value shall not be payable if the amount of surrendervalue is less than Rs 100.

  2. Tax Benefit

    The Premium(s) paid under this plan shall be eligible for tax benefit as they may be available under the provisions and sub-provisions of Section(s) 80C and 10(10D). For further details, kindly consult your tax advisor. The various tax benefits are subject to change from time to time. 

    “Tax benefit is subject to changes in tax laws. Standard T&C apply.”

  3. Premium Illustration

    The premium range for the policy is as follows: 

    Premium Options

    Entry Age: 18 to 45 years 

    Rs. 500/- or Rs. 750/-

    Entry Age: 46 to 50 years

    Rs. 750/-

Documents Required to Buy Future Generali Jan Suraksha Plan 

These documents that are required to buy the Future Generali Jan Suraksha Plan are as follows:

  • Identity Proof – PAN Card or Voter’s ID or Aadhaar Card or Passport or Driving license 
  • Income Proof – Latest 3 years Income Tax Return or Latest Form 16/Salary slip
  • Address Proof – Passport or Driving License or Voter’s ID or Aadhaar Card or Bank Statement or Ration card or Telephone bill
  • Age proof – Secondary School Leaving Certificate or Marksheet or Birth certificate or Passport
  • Passport size photographs
  • Medical reports, if necessary

Process to Buy FutureGenerali Jan Suraksha Plan

There are no hoops to jump through, and the application process is incredibly simple. In order to apply for the policy, the potential policyholder can complete an online application with ease. In this section, we have listed out all of the necessary steps:

  • Future Generali's email address is care@futuregenerali.in
  • Please submit the proposal form, which will include all the requested information sent via mail, as well as your Advisor.
  • It is important to read the terms and conditions of your insurance policy to make sure you gain the maximum benefits.
  • Next, the patient undergoes a medical examination.
  • Before insurance coverage is finalized, be sure to let the insurance company know of any changes in your health that may occur during the application process.

Alternatively, you can visit a Future Generali branch close to you or call their toll-free number, which is 1800-102-2355.


The Future Generali's future project Jan Suraksha Plan excludes benefits to the beneficiary in the event that the policyholder dies by committing suicide. The limitations imposed on the exclusion include the following:

  • A suicide must occur within the 12-month period that starts from the date that the individual begins assured risk under the policy plan.
  • In order to claim just 80% of the total premiums paid, or the surrender value available as of the death date, whichever is higher, the beneficiary or nominee of the policyholder will only be eligible to receive premiums paid or surrender value after the death of the policyholder.


  • Q1. What are the risks covered with this policy? 

    A1. The Future Generali Jan Suraksha Plan is a pure risk coverage premium life insurance plan. It provides complete risk coverage of the death of the person who is insured. The company does not share the profits/bonus on the policy with the policyholder. 
  • Q2. Does the plan provide a Maturity Benefit? 

    A2. It does not offer any long-term maturity insurance payout to the policyholder.
  • Q3. What shall be refunded by the insurance company if the policyholder withdraws the policy during the free-look period? 

    A3. Future Generali India Life Insurance shall refund the full policy premium after deducting the proportionate premium for the period of risk cover, any additional stamp duties, and, if applicable, the additional cost of medical examination.
  • Q4. Does the policy allow for nomination and assignment? 

    A4. To be sure, the policy includes the possibility of both nomination and assignment. To become a party to the policy, the policyholder may do so by availing himself of Section 39 of the Insurance Act, 1938, as amended from time to time. Assigned under Section 38 of the Insurance Act, 1938 as amended from time to time is permitted under this policy.
  • Q5. Can I appoint a minor as a nominee? 

    A5. It is necessary for the application of the policy to be completed by the Appointee, if applicable. The claim proceeds even if the policyholder did not nominate the Appointee. If that Appointee is not mentioned or named in the policy, then the claim shall proceed and shall be payable to the Legal Guardian of the minor or the Legal Heirs of the Life Assured, as the case may be. The funds may be made available to persons who can establish their right to inherit the funds if they can provide appropriate proof of guardianship or legal heirship.
  • Q6. What are the documents required to buy the policy?

    A6. In the unfortunate event of the sudden demise of the policyholder from any cause:
    Forms of Claim
    i) Part I: Death Claim Application Form (Claimant's Statement)
    ii) Section II : Physician's Declaration
    • Death certificates issued by local government entities such as the municipal corporation or village panchayat
    • Cause of death in its entirety as stated in the death certificate issued by the attending physician
    • True copy of the hospital's indoor case files attested (s)
    • Report of autopsy and chemical viscera analysis – is performed
    • Voucher for advance discharge from the Group Administrator
    • KYC of the claimant, as well as a cancelled cheque in the claimant's name or the claimant's passbook, if the payment is to be made in the claimant's name. Additionally, a Declaration from the master policyholder on the master policy holder's letterhead is required.
    • If the decedent demised as a result of an accident, the following documents are required in addition to the ones listed above:
    • All police reports/initial information, as well as the conclusion of the investigation Punchnama/inquest panchnama, etc.
    • If available, newspaper clippings/photographs of the accident. 

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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