Future Generali launches new ULIP-Future Generali NAV Assure
This product guarantees highest NAV recorded on daily basis during the first seven years of the policy or NAV at maturity date, whichever is higher.
FUTURE GENERALI India Life Insurance Company, the Insurance joint venture between Future Group of India and Generali Group of Italy launched Future Generali NAV Assure, a unit linked Insurance plan that enables maximum opportunity for growth while protecting the investments against adverse market conditions in financially volatile times. This product guarantees highest NAV recorded on daily basis during the first seven years of the policy or NAV at maturity date, whichever is higher. The NAV Guarantee fund has been structured in a unique way to provide the upside when the markets are bullish and save the customer from down side in case the markets sink. Tax benefits are applicable under Section 80(C) and 10.10(D).
In line with the product philosophy to introduce innovative range of products that are most suitable to different customer needs, Future Generali NAV Assure is the latest offering which has the lowest premium allocation charge in the industry, to give value to customer and is one of the lowest priced ULIP among the category of NAV guaranteed ULIPs in the Indian insurance sector.
The other differentiator of Future Generali is the Mallassurance™ channel – a unique & innovative delivery channel selling Insurance offerings across the Life and General Insurance categories through 165 Future Group retail outlets across the country.
Speaking on the occasion, Deepak Sood, CEO, Future Generali India Life Insurance Company said, “The Indian customer’s decision on investment in ULIPs is purely driven by bear and bull stock market and Future Generali NAV Assure is the best bet for customers who are looking for an upside of the investment return (no negative return) to lower the volatility component of markets with adequate life coverage.
We believe it is the perfect answer to the prevailing uncertain market sentiments.” He further added, “Our focal points for this year are, keeping up superlative customer service and launching innovative, customized products for different audience groups.”
In line with the product philosophy to introduce innovative range of products that are most suitable to different customer needs, Future Generali NAV Assure is the latest offering which has the lowest premium allocation charge in the industry, to give value to customer and is one of the lowest priced ULIP among the category of NAV guaranteed ULIPs in the Indian insurance sector.
The other differentiator of Future Generali is the Mallassurance™ channel – a unique & innovative delivery channel selling Insurance offerings across the Life and General Insurance categories through 165 Future Group retail outlets across the country.
Speaking on the occasion, Deepak Sood, CEO, Future Generali India Life Insurance Company said, “The Indian customer’s decision on investment in ULIPs is purely driven by bear and bull stock market and Future Generali NAV Assure is the best bet for customers who are looking for an upside of the investment return (no negative return) to lower the volatility component of markets with adequate life coverage.
We believe it is the perfect answer to the prevailing uncertain market sentiments.” He further added, “Our focal points for this year are, keeping up superlative customer service and launching innovative, customized products for different audience groups.”
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