Investment Plans 322 views December 31, 2021

Future Generali Big Dreams Plan is unit-linked insurance that helps you grow your invested money over the policy term. The key features of this plan include –

  • Extra Amount Allocations
  • Death Benefit
  • Maturity Benefit
  • Six Fund Options

Read this page further and know more about the benefits of this Future Generali Life Insurance Plan.

Investment

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Future Generali Big Dreams Plan Coverage Options

You can choose your coverage plan at inception from any of the following –

Coverage OptionsDefinitionEntry Age (In Years)Maturity Age (In Years)Policy Term (In Years)Premium Payment Term (In Years)Sum Assured (In INR)Minimum Premium (In INR)
Wealth CreationYour nominee will get a normal death benefit which is higher of -
Sum Assured
Fund Value
0 to 5518 to 755 to 20Regular Premium - 5 to 20
Limited Premium - 5 to 19
Single Premium
For Regular/ Limited Premium - 10 X Annualized Premium
For Single Premium - 1.25 X Single Premium
For Policy Term - 5 years =< and less than 10 years
Annual - 60,000
Half Yearly - 30,000
Quarterly - 15,000
Monthly - 5,000
Single - 1 Lakh
For Policy Term >= 10 years
Annual - 18,000
Half Yearly - 9,000
Quarterly - 4,500
Monthly - 1,500
Single - 1 Lakh
Retire SmartGet a whole life cover under this option18 to 55100100 - Entry AgeLimited Premium - 10 to 30For age at entry < 45 years - {10 X Annualized Premium, 0.5 X (70- Age at entry) X Annualized Premium}
For age at entry >= 45 years - {10 X Annualized Premium, 0.25 X (70- Age at entry) X Annualized Premium}
Dream ProtectYour nominee will get a regular income and all future premiums are funded by the insurance company.18 to 5023 to 605 to 20Regular Premium - 5 to 2010 X Annualized Premium

Benefits Payable Under the Future Generali Big Dreams Plan

You and our nominee will get the following benefits under the plan.

Death Benefit for Your Nominee In Case of Your Early Demise

If you have chosen the coverage options – Wealth Creation and Retire Smart – the nominee receives the highest of –

  • Sum Assured – Partial Withdrawals (if any)
  • Fund Value
  • 105% of the total paid premiums

Under Dream Protect, the nominee receives the higher of –

  • Sum Assured – Partial Withdrawals (if any)
  • 105% of the total paid premiums

In addition to the above, the insurance company will pay all future premiums applicable till the end of the policy term.

Maturity Benefits

On the maturity date, you’ll get the Fund Value at the prevailing rate.

Extra Allocations Under the Future Generali Big Dreams Plan

The extra allocation amount depends upon the annualized premium and the policy year that you choose.

For Regular/Limited Pay

Policy YearAnnualized Premium (INR 60,000 and Above)
1 to 51%
6 to 83%
9 to 104%
11 to 155%
16 to 307%

For Single Pay – 1% of the premium amount for a policy term of one year.

Future Generali Big Dreams Plan Fund Options

You can invest your money in any of the following –

Future Income Fund – Investments are made in low-risk assets for fixed returns, such as money-market (0-50%) and fixed-income (50-100%) instruments.

Future Balance Fund – It helps strike a balance between returns and risks by investing in both equity and fixed-income instruments. Your money will be invested in money-market (0-30%), fixed-income (40-70%) and equity (30-60%) instruments

Future Maximize Fund – Through investments in different sectors, your money goes into money-market (0-40%), fixed-income (10-50%) and equity (50-90%) instruments.

Future Apex Fund – Investments are made in different sectors where money goes to money-market (0-50%), fixed-income (0-40%) and equity (50-100%) instruments

Future Opportunity Fund – By investing your money in money-market (0-20%), fixed-income (0-15%) and equity (80-100%) instruments, you can get capital appreciation.

Future Midcap Fund – Investments are made in mix of mid and large-cap companies across different sectors, such as – money-market (0-20%) and equity (80%) instruments.

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