Future Generali Life - Guarantee Plan - Future Income Fund

NAV on (02 Mar 2026)

38.8125

Objectives

The Future Guarantee Plan from Future Generali, A Plan that Guarantee that tomarrow will not find you at a disadvantage.
Future Income
Strategy
Investments in assets of low or moderate risk.
Objective
To provide stable returns by investing in assets of relatively low to moderate level of risk. The interest credited will be a major component of the fund's return. The fund will invest primarily in fixed interest securities, such as government securities of medium to long duration and corporate bonds and money market instruments for liquidity.

Composition	Min.	Max.	Risk Profile
Fixed Interest Investments, Cash and Money Market Instruments	0%	100%	Low
Equity Instruments	0%	0%	Low

Features

Key Features Of the Future Guarantee Plan
1. Guaranteed additions on maturity ranging from 150% to 400% of First Year Annualised Premium depending on term
2. An ideal all-in-one investment and insurance package
3. Gives you a choice of four investment funds; structured to take care of your financial liabilities, and provide the flexibility to change fund allocation at any time as per your requirement
4. Additional allocation of fund(s) to your kitty through optional top-up single premium, providing you with a comprehensive financial solution
5. Tax benefits on regular premiums paid and the benefits received, as per the prevailing income tax rules
Other Features
A)Free Look-in period
If the policy owner is not satisfied with the policy, he can apply for cancellation of the policy in writing to Future Generali within the free look period of 15 days from the date of receipt of the policy document, stating the reason for objection. Future Generali will refund the premium paid, subject to the deduction of the proportionate risk premium for the period of cover and expenses incurred by us towards medical examination, if any, and stamp duties.
B)Grace Period
30 days for all premium payment modes. If, the premiums are not paid during the grace period, the policy lapses. The policy benefit thereafter would have no further value except for surrender value less of surrender charges.
C)Reinstatement
If premiums are not paid within the period of grace and the policy is not surrendered, the policy may be reinstated for full benefits within two years from the date of the first unpaid premium and before the date of maturity while the life assured is still alive. The reinstatement will be considered on receipt of written application from the policyholder along with the proof of continued insurability of life assured and on payment of all overdue premiums with interest. The reinstatement will be effected on the Company's discretion and subject to such conditions
as the Company in its discretion may decide. Interest will be charged at a rate declared by the Company from time to time.
D)Backdating
Backdating is not allowed.
E)Nomination & Assignment
Provided the policyholder is the life assured, he / she may, at any time before the policy matures for payment, nominate a person or persons, as per Sec 39 of the Insurance Act 1938, to receive the policy benefits in the event of his / her death.
The policyholder can also assign the policy to a party by filing a written notice to us. The assignment should either be endorsed upon the policy itself or documented by a separate instrument signed in either case by the Assignor stating specifically the fact of assignment. Only the entire policy can be assigned and not individual benefits or any part thereof.

Benefits

Benefits Of Future Guarantee Plan
1.Choice of Investment Fund
Your premium (except for the first year premium) is invested in unit funds of your choice. Currently, you have a choice of four investment funds, providing you with the flexibility to direct your investments in any of the following unit linked funds of the Company. The funds invest in a mix of cash / other liquid investments, fixed interest securities and equity investments in line with their risk profile.
2.Guaranteed Addition

First year premium is not allocated in unit funds and is used to provide Guaranteed Additions at maturity as per the table below.

Policy Term (in years)	Guaranteed Additions at Maturity as % 1st year Annualised Premium
10	150%
15	165%
20	180%
25	245%
30	400%

3.Maturity Benefit

On maturity, i.e. on completion of the policy term, the Fund Value + Guaranteed Additions at maturity specified as a percentage of the first year's premium mentioned above, becomes payable and the policy is terminated thereafter.

4.Death Benefit

On the unfortunate death of the life assured, the nominee receives the higher of the following:

Sum Assured

Fund Value less deductible partial withdrawals made during the last two years prior to the date of death

A discounted value of the guaranteed addition at maturity will also be paid on death after eight years, provided at least five full years of premium are paid.

5.Tax Benefits

Regular Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961.

Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.

The above is based on the current tax laws and is subject to change.

Entry Age Details

Eligibility Criteria

Minimum - Maximum Entry Age	12 years - 65 years Last Birthday
Maximum Age at Maturity	75 Years Last Birthday
Premium Paying Frequency	Yearly / Half-Yearly
Premium Paying Term	10 / 13 / 20 / 23 / 30 years
Minimum Sum Assured	For Regular Premium-5* Annual Premium
Maximum Sum Assured Note: This is for a standard life	M* Annual Premium, where M in the multiple which depends upon the age at entry.
		Age at entry	Multiple Factor
		12 to 40 years	25
		41 to 45 years	20
		46 to 50 years	15
		51 to 55 years	10
		56 to 65 years	5

Minimum Premium

Minimum regular yearly premium in first year: Rs. 10,000.

Minimum Regular half yearly Premium in first year: Rs. 5,000.

Minimum single top-up premium: Rs. 2,500.

Premium Payment Term

Premium Paying Frequency Yearly/Half-Yearly

Top-up Premium

Top-up Premium
Anytime during the tenure of the plan you can enhance your investment by way of top-up single premiums whereby you can add over and above to your regular contribution, provided all due premiums have been paid. The minimum top-up premium amount is Rs. 2,500/- . There is no limitation to the number of top-ups that can be made in a policy year. Every top-up single premium made during the tenure of the policy has a lock-in period of three years.

Sum Assured Details

Minimum Sum Assured - For Regular Premium = 5*Annual Premium
Maximum Sum Assured
Note: This is for a standard life
M*Annual Premium, where M is the multiple which depends upon the age at entry.

Age at entry	Multiple Factor
12 years to 40 years	25
41 to 45 years	20
46 to 50 years	15
51 to 55 years	10
56 to 65 years	5

Investment Details of the Plan

Choice of Investment Fund

Your premium (except for the first year premium) is invested in unit funds of your choice. Currently, you have a choice of four investment funds, providing you with the flexibility to direct your investments in any of the following unit linked funds of the Company. The funds invest in a mix of cash / other liquid investments, fixed interest securities and equity investments in line with their risk profile.

1.Future Secure
Strategy
Low risk investment such as money market investments
Objective
To provide stable returns by investing in relatively low risk assets. The fund will invest exclusively in treasury bills, bank deposits, certificate of deposits, other money market instruments and short duration government securities.

Composition	Min.	Max.	Risk Profile
Money Market, Cash and Short Term Debt	0%	100%	Low
Equity Instruments	0%	0%	Low

2.Future Income
Strategy
Investments in assets of low or moderate risk.
Objective
To provide stable returns by investing in assets of relatively low to moderate level of risk. The interest credited will be a major component of the fund's return. The fund will invest primarily in fixed interest securities, such as government securities of medium to long duration and corporate bonds and money market instruments for liquidity.

Composition	Min.	Max.	Risk Profile
Fixed Interest Investments, Cash and Money Market Instruments	0%	100%	Low
Equity Instruments	0%	0%	Low

3.Future Balance
Strategy
Balances high returns and high risk from equity investments by the stability provided by fixed interest instruments.
Objective
To provide a balanced return from investing in both fixed interest securities as well as in equities so as to balance stability of return through the former, and growth in capital value through the latter. The fund will also invest in money market instruments to provide liquidity.

Composition	Min.	Max.	Risk Profile
Fixed Interest Including Cash and Money Market Instruments	10%	70%	Medium
Equity Instruments	30%	90%	Medium

4.Future Apex
Strategy
Investment in a spread of equities. Diversification by sector, industry and risk.
Objective
To provide potentially high returns to unit holders by investing primarily in equities to target growth in capital value of assets. The fund will also invest to a certain extent in government securities, corporate bonds and money market instruments.

Composition	Min.	Max.	Risk Profile
Fixed Income Including Cash and Money Market Instruments	0%	50%
Equity Instruments	50%	100%	High

Allocation of investments under money market instruments in Future Income, Future Balance and Future Apex will be limited to 20%. Further, a policyholder's exposure to Future Secure Fund (Liquid Fund) will be limited to a maximum of 25% of his total portfolio, so as to ensure that the total exposure to money market investments does not exceed 40%.

Withdrawal

Partial Withdrawal
a) Partial withdrawal is allowed after the completion of the seventh policy year or 18 years of age of the life assured, whichever is later
b) There is a lock-in period of three years for all single top-up premium(s)
c) After each withdrawal, the fund value should be at least the higher of:
- Rs. 15,000/-
- The top-up premiums paid in the last three years
- One year's annualised premium
d) Partial withdrawals will be subject to partial withdrawal charge as stated below
e) Minimum Partial Withdrawal amount is Rs. 5,000. (and in multiples of thousands thereafter)

Premium allocation Charges

Premium Allocation Charge for Regular Premiums : This will be de deducted from the premium amount at the time of premium payment and the net premium will be used to purchase units in various investment funds according to the fund allocation specified by you.
Regular Premium :

Policy Year	Allocation charge as a % of regular premium
2nd & 3rd year	6.5%
4th to 10th year	2%
11th years onwards	Nil

First year premium is not allocated to unit funds
Premium Allocation Charge for Single Top-up Premium - 1% of Top-up Single Premium

Fund Management Charges

Fund Management Charge

(FMC) will be charged at the time of computation of the NAV, which will be done on a daily basis. This will be charged as a percentage of the value of the assets and will be adjusted towards the NAV.

Fund Name	FMC
Future Secure	1.10% p.a.
Future Income	1.35% p.a.
Future Balance	1.45% p.a.
Future Apex	1.50% p.a.

Mortality Charges

Mortality Charge

This is the cost of life insurance cover which will be recovered by cancellation of units and will be deducted at the beginning of each policy month. The cancellation of units will be based on sum assured at risk.

The mortality charge per Rs. 1,000 sum at risk is:

Age as on Last Birthday	Mortality Charges
20 Years	1.20
25 Years	1.36
30 Years	1.41
40 Years	2.47
50 Years	6.30

Policy Administration Charges

Policy Administrative Charge
The policy administrative charge will be charged from thel3th month onwards till maturity, i.e. Rs. 75 p.m.
This charge will be recovered by cancelling units on a monthly basis proportionately from each investment fund.

Switching Charges

Switching Charge
This is the charge deducted on switching from one fund to another within the plan. Six free switches are allowed in a policy year, thereafter switches are subject to a switching charge of Rs. 100 per switch, by deallocation of NAV units. Unused free switches cannot be carried forward to the next policy year.

Surrender Charges

Surrender Penalties : Nil.

Returns (as on 02-Mar-2026)

Period	Absolute (%)	Annualised (%)
1 Week	0.6	0
1 Month	1.4	19.8
3 Months	1	4.2
6 Months	2.8	5.7
1 Year	7.3	7.3
2 Years	15.4	7.4
3 Years	25.6	7.8
5 Years	33.7	5.9

NAV Chart

Historic Graph:

From

52-week High

₹38.8162

27-Feb-2026

52-week Low

₹36.1344

04-Mar-2025

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
96% (2023-24)	2% (March 2024)

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A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

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An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

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A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

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A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

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What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

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What are the different types of life insurance? +

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What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

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What is the contestability period? +

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Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

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What is cash value? +

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How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

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Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

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Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

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There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

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The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

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What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.