Future Generali Wealth Protect Plan

This is a unit linked insurance plan. In this policy, the investment risk in the investment portfolio is borne by the policyholder. This plan gives you the freedom to decide how much wealth you want to create for yourself and your family and also the flexibility to decide where you want to invest your money, at any point in time.

Key Features

  • Comprehensive protection of up to 7 to 30 times your annual premium depending upon your age and term, as per choice
  • Guaranteed loyalty addition on maturity, based on premium paid in the first year
  • Distinguished investment opportunity with an option to choose from over 6 investment funds
  • Flexibility in choosing the Policy Term, Premium Payment mode, Sum Assured multiplier and a host of other options like Switching and Premium Redirection to maximize your returns
  • Access to funds by way of Partial Withdrawals and Surrender Benefits


  • Maturity Benefit
On maturity of the policy, the Fund Value plus guaranteed loyalty addition, as on the date of maturity, becomes payable to the Life Assured. The Life Assured may also choose to receive the Maturity Benefit under the Settlement Option as explained later in this brochure.
  • Death Benefit
In case of demise of the Life Assured during the Policy Term, while the policy is in force, the nominee receives the higher of::
1) Sum Assured less deductible Partial Withdrawals, if any, or
2) Fund Value under the policy, or
3) 105% of the total premiums paid, less deductible Partial Withdrawals, if any
  • Tax benefit
The Premium(s) paid by you are eligible for tax benefit available under the provisions of Section(s) 80C, 80 CCC (1), 80D, 10(10D) as applicable.
  • Loyalty benefit:
Staying invested throughout the Policy Term will help you get Loyalty Additions as a percentage of average Fund Value. All you need to do is to ensure that you have paid all your due premiums on time and your policy is active on the date of payment of Loyalty Additions. Loyalty Additions shall be added to the Fund Value on the applicable Policy Anniversary. However, the last (final) Loyalty Addition shall be payable on date of maturity
  • Choice of investment
The policy holder’s premium is invested in unit funds of their choice. Currently, they have a choice of six investment funds, thereby, providing you them flexibility in directing their investments to any or all of the following Unit Linked Funds of the company. The funds are invested in a mix of cash/other liquid investments, fixed income securities and equity investments in line with their risk profile.

Am I eligible?

ENTRY AGE 7 years 60 years
MATURITY AGE 22 years 75 years
POLICY TERM 15 years 40 years

What if?

I am unable to pay on time

  • A grace period is provided based on the payment frequency. The policy is continued if you make the payment within the time period else the policy is lapsed.

I stop the payment

  • On the completion of the grace period the policy will get lapsed and the benefits cannot be claimed on the death of the life insured.

I wish to take a loan

  • No Loan options are available under this policy



  • If the Life Assured commits suicide within one year from the risk commencement date or revival date, if revived, whether sane or insane at that time, the Company will limit the Death Benefits to the Fund Value as available on the death date and no insurance benefit will be payable. However, for certain hazardous occupations and/or pastimes, exclusions may be made in specific cases as per company’s underwriting policy. Further, such exclusions will be subject to the consent of the policyholder.