Future Generali India Life Insurance launches Easy Invest Online Plan

·         An online ULIP that is very cost effective less and helps build bigger corpus for your medium to long term goals.

·         Hassle free purchase process, choice of 5 funds, benefits like partial withdrawals, switches makes buying and managing investments easy for the customers.

Mumbai, 05 May 2016: Future Generali India Life Insurance Company Limited (FGILI) today announced the launch of its second online product – Future Generali Easy Invest Online Plan, a unique online unit linked insurance plan which is extremely easy to purchase online, and offers a wide range of investment options and loyalty additions, thereby encouraging long term market linked savings for policyholders. The product is ideally suited for the online savvy investor who is looking for ease of purchase and a range of investment options. The product is offered online only and can be purchased across the country.

In this product, one can start investing with a minimum premium of Rs 4,000 per month and systematically create wealth over a period of 10-20 years. This is a low cost plan with loyalty additions to enhance returns in the last five years of the policy. The product offers a choice of 5 funds for investment keeping in mind the market outlook, time horizon, and most importantly customer needs. These funds are segregated into equity, fixed income and money market investments in line with their risk profile.

This plan can be easily bought online by answering few basic questions. It will help the customer to meet their financial goals of wealth accumulation like building a retirement corpus, saving for child’s education or marriage, etc. This plan offers competitive returns as compared to other available investment options in the market.

Eligibility

Entry Age (as on last birthday)	Minimum: 0 years Maximum: 50 years
Maturity Age	Minimum: 18 years Maximum: 70 years
Premium to be paid	Minimum: Annual Mode: Rs.40,000                       Monthly Mode: Rs.4,000 Maximum: No limit
Policy Term	10 to 20 years
Premium Payment Term	Same as Policy Term
Sum Assured	Sum Assured = 10 x Annual Premium
Premium Payment Frequency	Annual/Monthly. Monthly premiums can only be paid by Auto Pay System. Auto Pay methods of payment are available in all premium modes.

On the occasion of the launch, Mr. Munish Sharda, Managing Director & CEO, Future Generali Life Insurance said, “We are extremely delighted to bring to our customer a new online unit linked plan which will provide a simplified buying experience for our customers and will offer better value with more benefits. We truly believe that such products will transform the way life insurance cum savings plans are bought in our country. In line with our focus on customer centricity, we have launched the Future Generali Easy Invest Online plan which will pass on all benefits of investment and insurance to our customers thereby enabling them to become smart investors.”