Future Generali India Life Insurance Co. Ltd has launched the Future Child Benefit Plan, which is designed to support the ambitious career dreams of a child thereby providing money at the right time in the most critical stages in life.
The plan further aims to provide the much-needed financial security in the childs future. Future Child Benefit Plan is a fixed benefit plan which takes care of the childs future and offers two options to receive money back payouts at regular intervals i.e. Future Child Benefit Plan Option @ 21 and Future Child Benefit Plan Option @ 23.The maturity payments (money back) can coincide with the significant milestones in the childs education / career like schooling, graduation and post graduation.
The plan also provides an inbuilt waiver of premium in the event of the unfortunate death or accidental total permanent disability of the parent that ensures the continuity of the plan taking care of all future premiums so that the cash flows are intact to realise the career dreams of children.
Jayant Khosla, CEO of Future Generali India Life Insurance Co. Ltd. said, "The launch of the Future Child Benefit Plan is in keeping with our objective of providing Total Insurance Solution to customers at every stage of their life. With spiraling education costs combined with the growing uncertainty in the economic sphere, the need for a planned education corpus has never been more pronounced. Our existing basket offers a choice of plans depending on each individual need and premium paying ability and we will keep expanding our portfolio to bring more and better products that are simple while providing flexibility in helping customers manages their investments."
Future Generali is currently active through 100 offices across 80 cities and over 25000 licensed advisors. Besides this large network of agents & branches, Future Generali actively offers their Insurance solutions across 250 Future Group retail outlets in India.
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