Date: 18-11-2022
Future Generali Long Term Income Plan (UIN - 133N090V01)
Individual, Non-Linked, Non-Participating (Without Profits),Savings, Life Insurance Plan
Important points you must know about this policy
Future Generali Long Term Income Plan is a life insurance plan that offers guaranteed survival benefits
What is Future Generali Long Term
and life cover up to end of the Policy Term, and a guaranteed lumpsum at maturity, if all due premiums
Income Plan ?
are paid.

Option 1 - Plan for yourself. Receive Survival Benefits and Maturity Benefit upon survival. Death Benefit is
payable to your Nominee in case you are not around.

Option 2 - Plan for yourself and your loved ones. Family's goals do not change if you are not around.
Ensure the continuity of policy benefits for the family in case of death of the Life Assured, without any
What are the options under this
liability to pay future premiums. A lump sum is paid to the nominee upon death of Life Assured. In
plan?
addition, survival and maturity benefits continue as scheduled.

Income Option of Immediate Income and Deferred Income is allowed under this plan.

You have chosen Option 1 with Deferred Income Option.

 

What is your Policy Term? You have selected the policy term of 50 Years i.e. upto Nov-2072.

What is the Premium you need to

You have to pay Yearly premium of Rs 35,000 for 10 Years, i.e. up to Nov-2031.
pay in your policy?

What are the benefits you will If you pay all the due premiums and survive the policy term, you are entitled to receive total benefits
enjoy under this policy? (Survival Benefit + Maturity Benefit) of Rs. 16,26,350 as explained below:
 1. Survival Benefit - Starting Nov-2028 you will receive a Yearly guaranteed income of Rs. 6,862. You will
also receive Income loyalty addition that will enhance your guaranteed income every year starting from
11th policy year.

2. Maturity Benefit - Upon survival up to Nov-2072 (end of policy term) you will receive Rs. 7,00,000 which
includes Maturity loyalty addition.

In case of death of the life assured during the policy term, your nominee will receive a lumpsum death
benefit.
Death Benefit shall be higher of :-
a) Rs 3,50,000 (10 times the annualized premium, excluding the taxes, rider premiums and underwriting
extra premiums, if any)
What are the benefit payable upon
b) 105% of the total premiums paid (excluding any extra premium, any rider premium and taxes) as on
death of Life Assured under the
date of death
policy?
c) Surrender Value as on date of death
d) 150% of total premiums paid (excluding any extra premium, any rider premium and taxes) as on date
of death less total survival benefits already paid

For year wise death benefit please refer to Benefit Illustration.

If atleast two years' premiums have not been paid in full within the Grace Period:
- The Policy shall lapse and will have no value.

If atleast two years' premium have been paid in full and any subsequent premium is not paid before
What happens if I stop paying my expiry of grace period:
premium? - The policy becomes paid up and benefits payable upon survival, death and maturity will reduce.
- A paid up policy will not be eligible for any further Income loyalty addition or Maturity loyalty addition.
- You can revive your lapsed/paid up policy within 5 years of revival period to reinstate all benefits.

Please refer to Product Brochure for details.

Can I Cash-In the policy during the We recommend you to continue paying the premiums regularly to enjoy all the benefits in the policy and
term in case of a financial achieve your planned milestones.You do have an option to cash-in (surrender) the policy if premiums
emergency? were paid for atleast 2 full years. The surrender value may be less than the sum of premiums paid.

You may evaluate loan option allowed under this policy instead of surrender in case of a temporary
financial exigency.
 Please refer to Product Brochure for details.

In case of death due to suicide within 12 months from the date of commencement of risk under the
What is not covered under this policy or from the date of revival of the policy, as applicable, the nominee or beneficiary of the
policy? (Exclusion) policyholder shall be entitled to 80% of the total premiums paid till the date of death or the surrender
value available as on the date of death whichever is higher, provided the policy is in force.

If you disagree with the terms and condition of the Policy, you can return the Policy within 15 days of
receipt of the Policy Document (30 days if you have purchased this Policy through Distance Marketing
What if I do not agree with the Mode or in case of electronic policies). To cancel the Policy, you can send us a  request for cancellation 
Terms & Conditions of the policy? along with the reason for cancellation. We will cancel this Policy and refund the Instalment Premium
received after deducting proportionate risk premium for the period on cover, stamp duty charges and
expenses incurred by us on the medical examination of the Life Assured (if any).

For detailed information on this plan including risk factors, exclusions, terms & conditions etc., please refer to the Product Brochure and
consult your advisor or visit our website before concluding a sale.

I have read the Product Brochure and understood the product features, benefits, Terms & Conditions and exclusions. Yes / No
I Agree to be contacted by Future Generali India Life Insurance for any updates about my policies and new offerings of the Company. Yes / No

(Signature of Proposer) Date & Place

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS.

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone
calls are requested to lodge a police complaint.

Future Group's and Generali Group's liability is restricted to the extent of their shareholding in Future Generali India Life Insurance Company
Limited. Tax benefits are as per the Income Tax Act, 1961 and are subject to the amendments made thereto from time to time. You are
advised to consult your tax consultant.The Company has an Anti-Fraud Policy in place. FUTURE GENERALI INDIA LIFE INSURANCE COMPANY
LIMITED, Registered and Corporate office address: Future Generali India Life Insurance Co. Ltd, Unit 801 and 802, 8th floor, Tower C, Embassy
247 Park, L.B.S. Marg, Vikhroli (W), Mumbai - 400083. Tel.: 1800-102-2355 | Fax: 91 22 4097 6600 | Call us at: 1800 102 2355 | Email at:
care@futuregenerali.in | Website: life.futuregenerali.in | IRDAI Regn. No.: 133 | CIN: U66010MH2006PLC165288 | Operations Hub: Future
Generali India Life Insurance Co. Ltd, Unit 801 and 802, 8th floor, Tower C, Embassy 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai - 400083.
ARN: ADVT/Comp/2022-23/May/539.
M1292200103

Future Generali India Life Insurance Co. Ltd.

Date of Illustration : 18/11/2022 Proposal No. :

Personal details Your plan details

Name of the Prospect / Policyholder Amrendra Kumar Name of the product Future Generali Long Term Income Plan
Age 35 Individual, Non-Linked, Non-Participating
Tag line (Without Profits), Savings, Life Insurance
Name of the Life Assured Amrendra Kumar
Plan
Age 35
Unique Identification Number 133N090V01
Policy Term 50
4.5% in the first policy year

Premium Payment Term 10 GST Rate 2.25% in the second policy year and
onwards
Amount of Instalment Premium 35,000
Mode of Payment of Premium Yearly
Annualized Premium 35,000
Survival Benefit Payout Frequency Yearly
Guaranteed Income as per Survival Benefit
6,862
Payout Frequency
Category None
Gender Male

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.

Policy Details
Plan Option Option 1 Sum Assured Rs. 3,50,000
Sum Assured on Death ( at inception of the policy)
Income Option Deferred Income 3,50,000
Rs.
M1292200103

Premium Summary
Base Plan Riders Total Installment Premium
Instalment Premium without GST 35,000 - 35,000
Instalment Premium with First Year GST 36,575 - 36,575

Instalment Premium with GST 2nd year Onwards 35,788 - 35,788

M1292200103

(Amounts in Rupees.)
Guaranteed (end of year) Non Guaranteed (end of year)
Policy Year Annualized Premium
Survival Benefits Maturity Benefit Death Benefit Min Guaranteed Surrender Value Special Surrender Value
1 35,000 0 0 3,50,000 0 0
2 35,000 0 0 3,50,000 21,000 14,711
3 35,000 0 0 3,50,000 36,750 23,956
4 35,000 0 0 3,50,000 70,000 34,673
5 35,000 0 0 3,50,000 87,500 47,055
6 35,000 6,862 0 3,50,000 98,138 57,209
7 35,000 6,862 0 3,53,776 1,08,776 67,686
8 35,000 6,862 0 3,99,414 1,22,074 78,527
9 35,000 6,862 0 4,45,052 1,36,037 89,699
10 35,000 6,862 0 4,90,690 1,50,700 2,16,583
11 0 10,293 0 4,80,397 1,43,732 2,24,748
12 0 10,293 0 4,70,104 1,36,764 2,33,577
13 0 10,293 0 4,59,811 1,29,796 2,43,035
14 0 10,293 0 4,49,518 1,22,863 2,53,190
15 0 10,293 0 4,39,225 1,15,895 2,64,153
16 0 13,724 0 4,25,501 1,05,496 2,72,590
17 0 13,724 0 4,11,777 95,097 2,81,586
18 0 13,724 0 3,98,053 84,733 2,91,184
19 0 13,724 0 3,84,329 74,334 3,01,508
20 0 13,724 0 3,70,605 63,935 3,12,606
21 0 17,155 0 3,67,500 50,105 3,21,130
22 0 17,155 0 3,67,500 36,310 3,30,221
23 0 17,155 0 3,67,500 22,480 3,39,978
24 0 17,155 0 3,67,500 8,650 3,50,442
25 0 17,155 0 3,67,500 0 3,61,718
26 0 20,586 0 3,67,500 0 3,70,525
M1292200103

(Amounts in Rupees.)
Guaranteed (end of year) Non Guaranteed (end of year)
Policy Year Annualized Premium
Survival Benefits Maturity Benefit Death Benefit Min Guaranteed Surrender Value Special Surrender Value
27 0 20,586 0 3,67,500 0 3,79,981
28 0 20,586 0 3,67,500 0 3,90,111
29 0 20,586 0 3,67,500 0 4,01,085
30 0 20,586 0 3,67,500 0 4,12,886
31 0 24,016 0 3,67,500 0 4,22,299
32 0 24,016 0 3,67,500 0 4,32,286
33 0 24,016 0 3,67,500 0 4,43,084
34 0 24,016 0 3,67,500 0 4,54,728
35 0 24,016 0 3,67,500 0 4,67,195
36 0 27,447 0 3,67,500 0 4,77,270
37 0 27,447 0 3,67,500 0 4,88,090
38 0 27,447 0 3,67,500 0 4,99,733
39 0 27,447 0 3,67,500 0 5,12,275
40 0 27,447 0 3,67,500 0 5,25,862
41 0 30,878 0 3,67,500 0 5,37,196
42 0 30,878 0 3,67,500 0 5,49,564
43 0 30,878 0 3,67,500 0 5,63,016
44 0 30,878 0 3,67,500 0 5,77,807
45 0 30,878 0 3,67,500 0 5,94,274
46 0 34,309 0 3,67,500 0 6,09,341
47 0 34,309 0 3,67,500 0 6,26,281
48 0 34,309 0 3,67,500 0 6,45,795
49 0 34,309 0 3,67,500 0 6,68,339
50 0 34,309 7,00,000 3,67,500 0 6,94,960
Total 3,50,000 9,26,350 7,00,000

Notes:
M1292200103

1. Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and Goods and Service Tax.
2. Survival Benefit is equal to Guaranteed Income plus Income Loyalty Addition. The Survival Benefit amount (payable in arrears) will depend upon the Survival Benefit Payout
Frequency opted.
3. Maturity Benefit is equal to Sum Assured plus Maturity Loyalty Addition.
4. Surrender Benefit amount payable on surrender shall be Guaranteed Surrender Value or Special Surrender Value, whichever is higher.
5. Death Benefit amount payable on death under Option 1 shall be Death Benefit as shown above or Surrender Value as on date of death, whichever is higher.
6. Please refer to Policy Document for further details.

DECLARATION BY THE MARKETING OFFICIAL: DECLARATION BY THE PROPOSER:

I,___________________________ (name), have explained the premiums, and benefits I,___________________________ (name), having received the information with respect to
under the product fully to the prospect/policyholder. the above, have understood the above statement before entering into the contract.

Place:
Date: Signature of Agent/Intermediary/Official Date: Signature of Prospect/Policyholder

FUTURE GENERALI INDIA LIFE INSURANCE COMPANY LIMITED • Registered, Corporate Office & Operations Hub address: Future Generali India Life Insurance Co. Ltd, Unit 801 and
802, 8th floor, Tower C, Embassy 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai – 400083. Tel.: 91-22-4097 6666 Fax: 91-22-4097 6600 Call us at: 1800 102 2355 • email:
care@futuregenerali.in • Website: life.futuregenerali.in •IRDAI Registration No: 133• CIN: U66010MH2006PLC165288