Future Generali India Life Insurance Company Limited has announced the launch of 'Care Plus Plan' - a pure term insurance plan.
Many significant transformational changes have taken place in the insurance industry over the decade, but the majority of population in India still remains uninsured. Life insurance stems from the need to provide financial security to the family, through a robust value proposition and also offer high quality, simple and convenient products and services.
Future Generali Care Plus is a simple protection plan, providing financial security at extremely affordable rates, offering two options – Future Generali Care Plus Classic Option for insurance covers up to Rs. 25 lakhs and Future Generali Care Plus Premier Option for insurance cover of Rs. 25 lakhs and above.
There is a preferential rate for the non-smokers under the Future Generali Care Plus Premier option. Under Section 80C and Section 10(10)D of the Income Tax Act there are tax deduction benefits.
At the launch, Munish Sharda, Managing Director & CEO, Future Generali India Life Insurance said, “I truly believe that the quintessential purpose of life insurance is to provide protection and financial security to an individual and his family in case of any eventuality, and therefore efforts need to be made to bring the core objective of protection to the forefront. This plan provides financial security at affordable rates, with no hidden costs, keeping in mind the customers’ requirements."