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Private life insurer Future Generali India Life Insurance Company Ltd today launched Care Plus Plan which is a pure term insurance plan.
Insurance industry in India has undergone significant transformational changes over the last decade; however, majority of the population still remains uninsured. The need for life insurance stems from the need to provide financial security to the family, through a robust value proposition and offer high quality, simple and convenient products and services.
Future Generali Care Plus is a simple protection plan, which provides financial security to family at extremely affordable rates. This products offers two options – Future Generali Care Plus Classic Option for insurance cover up to Rs 25 lakh and Future Generali Care Plus Premier Option for insurance cover of Rs 25 lakh and above.
Non-smokers get a preferential rate under the Future Generali Care Plus Premier option. There are tax deduction benefits under Section 80C and Section 10(10D) of the Income-Tax Act.
Munish Sharda, Managing Director & CEO, Future Generali India Life Insurance, said: "This plan provides financial security at affordable rates, with no hidden costs, keeping in mind the customers’ requirements.The launch of this product is a step towards augmenting our next phase of growth.”
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