Future Generali life Insurance Company’s new policy Sanjeevani plus? How it works?

Future Generali life Insurance Company has introduced a new unit linked policy by name Sanjeevani plus. The senior vice president of this group R.Vishnu Kumar says that people with 30-65years of age group are eligible for investing in the Future Generali Sanjeevani plus which includes alternative investment plans. He said that there are insurance plans with 5, 10, 15 years and life time tenure. Minimum premium for regular, premium payment option is Rs 18,000 p.a. For one time payment Rs. 75,000 has to be paid as premium. There are four fund options for the benefit of the policy holders and there is a facility of switching to other plans also.

In the case of death of the policy holder, the maximum sum assured along with the fund value as on that date will be paid to the nominee. Sri. Vishnu Kumar has revealed that there are 10 plans that are offered by the Future Generali Life Insurance Company. He also said that till now in this financial year Rs. 300 crores of premium has been collected as against the Rs. 150 crores of collection in the last financial year and this is expected to go up to Rs. 700 crores by the end of this financial year.