Future Generali

Group Term Life

My family is
always protected
even in my absence.
This is a Non-Linked, Non-Participating, Group Term Insurance Product.

Future Generali Group Term Life Insurance Plan is designed to provide
cover against the risk of death or diagnosis of any one of the critical
illness condition mentioned below, whichever occurs first within a
period of one year for the customers of Bajaj Finance Limited. This
product ensures that the financial burden of loans or any other liability
is met and is not passed on the family.
Key features
Insured Benefit Sum Assured is payable on Death or diagnosis of
any one of the critical illness condition mentioned
below, whichever occurs first
Medical Required No medical check-up required for Sum Assured
up to `10 lakhs
Rider Future Generali Group Core Critical Illness
Accelerated Rider available
Critical Illnesses Critical illness benefit is equal to Sum Assured.
Covered Life cover ceases to exist after payment of critical
illness benefit.
n Cancer of Specified Severity
n Open Chest Coronary Artery Bypass Graft
Surgery
n First Heart Attack of specified severity
n Kidney failure requiring regular dialysis
n Major organ / Bone marrow transplant
n Stroke resulting in permanent symptoms
Other features Free look cancelation, Nomination, Tax Benefits
Why should you buy this plan?
n This plan provides Low cost insurance protection plan for Bajaj
Finance Limited customers only
n It’s a One Year Renewable term insurance contract
n You get Future Generali Group Term Life Insurance Plan along
with add on of Future Generali Group Core Critical Illness
Accelerated Rider
n Hassle free documentation and issuance process
n Simple member enrollment form and no medicals required for
Sum Assured up to `10 lakhs
Maturity Benefit: There is no Maturity Benefit under this plan.
Exclusions: In case the insured member commits suicide whether
sane or insane, within 12 months from the policy commencement date
or risk commencement date of the member, whichever is later, then
80% of the premiums paid is payable to the nominee/beneficiary.
Tax benefits: Premiums paid under the plan are eligible for benefit
under Section 80C and death claim amounts qualify under section 10
(10) D of the Income Tax Act, 1961. Note: The above tax benefits are
applicable as per current tax regulations and are based on our
interpretation of such regulations. These may change in future. Please
contact your tax advisor for any further query.
Plan Summary
Members Covered Customer of Bajaj Finance Limited
Eligibility Minimum Age at Entry - 18 years
(as on last birthday on the date of proposal)
Maximum Age at Entry - 60 years
(as on last birthday)
Coverage Period 1 year
Maturity /
Surrender Benefit None
Cover limit Sum Assured: `50,000 to `10 lakhs
For death benefit / critical illness
Sample Premium Premium Rate @ `1,011 per lakhs excluding taxes
for healthy male One time single premium is payable for 1 year
/ female cover
How to calculate For `50,000 premium = `506 excluding taxes
premium For 1 lakh premium = `1011 per lakhs excluding
taxes
For 2 lakh premium = (2 x `1011 per lakhs)
excluding taxes
Note: The illustrated premium rates are exclusive of Service Tax and
cess. The taxes and cess, if any shall be levied extra on the premium
as per prevailing tax laws.

1800-102-2355
life.futuregenerali.in

This is a Non-Linked, Non-Participating, Group Term Insurance Product.

Bajaj Finance Limited is the Master Policyholder for this scheme. The product is available to the customers of Bajaj Finance Limited and is governed as per
the policy issued to the Master Policyholder. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding
a sale. Future Group’s, Generali Group’s and IITL Group’s liability is restricted to the extent of their shareholding in Future Generali India Life Insurance
Company Limited. Tax benefits are subject to change. Future Generali India Life Insurance Company Limited (IRDAI Registration no. 133) (CIN No.:
U66010MH2006PLC165288). Regd. & Corporate Office address: Indiabulls Finance Centre, Tower 3, 6th Floor, Senapati Bapat Marg, Elphinstone Road
(West), Mumbai - 400 013 | Website: http://life.futuregenerali.in | Email: care@futuregenerali.in | Call us at: 1800-102-2355 | Fax us at: 022 4097 6600 | ARN
no.: FG-L/PD/MKTG/EN/FGGTL-001OP | Future Generali Group Term Life Insurance Plan, UIN: 133N003V02 | Rider: Future Generali Group Core Critical
Illness Accelerated Rider, UIN: 133B013V02
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to the public that: IRDAI or its officials do not involve
in activities like sale of any kind of insurance or financial products nor invest premiums • IRDAI does not announce any bonus • Public receiving such phone
calls are requested to lodge a police complaint along with details of phone call, number.