Generali Central

Generali Central Life Insurance Company Limited (Formerly known as Future Generali India Life Insurance Company Limited), headquartered in Mumbai, is one of the leading insurance companies in India. It brings together the global leadership and legacy of Generali and the strength of Central Bank of India, one of the oldest nationalized banks in India.

Founded in 1831, Generali is the majority shareholder with a stake of 73.99%. It brings deep insurance expertise along with best practices from its global network, driving sustainable and profitable growth for its stakeholders. Central Bank of India, established in 1911, holds a 25.18% stake in the company. Its extensive distribution network of over 4,500 branches, along with a wide array of financial products and services, is designed to meet diverse customer needs. With a strong presence across India, Generali Central Life Insurance Company Limited provides comprehensive life insurance solutions for both individuals and groups. Reflecting a strengthened commitment to be your Lifetime Partner, the life insurance offerings span across various categories, including Term, Savings, Child, Retirement, Wealth Creation, and Group life insurance plans.

For more details, please visit generalicentrallife.com

This is an Individual, Non-Linked, Participating (with-profits), Savings, Life Insurance Plan.

Generali Central Lifetime Partner Plan, a Life Insurance Plan that provides a much needed protection to your family, along with a regular regular income1 for whole of your life, up to age 100. It also provides you potential upside on the income, through cash bonuses2 (if declared).

Below are the features:

Choose from 2 Plan Options
- Immediate Income – Get guaranteed income1 along with cash bonus2, if declared, from the first year.
- Deferred Income - Get guaranteed income1 along with cash bonus2, if declared, from Premium payment term plus 3 Years.
Offers a whole life cover till 100 Years of age.
Increasing Guaranteed Income1 along with cash bonus2, if declared, depending upon the plan option chosen.
Flexibility to receive income yearly, half-yearly, quarterly & monthly.
Tax benefits3 on premiums paid and benefits received as per prevailing tax laws.

Disclaimers

1. Increasing guaranteed income is for limited time period and lifelong regular income is through cash bonus, if declared. The bonus and guaranteed income duration and amount depends upon the plan option chosen and is paid on survival, subject to payment of all due premiums.
2. The amount of bonus payable will depend upon the plan option, Sum Assured and the policy year. Bonus rates may vary from one year to another depending upon the performance of the company.
3. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant.

Generali Central Life Insurance Company Limited (IRDAI Regn. No.: 133) (CIN: U66010MH2006PLC165288). Regd. & Corporate Office Address: Unit 801 and 802, 8th floor, Tower C, Embassy 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai – 400083 | Fax: 022-4097 6600 | Email: care@generalicentral.com | Call us at 1800 102 2355| Website: https://www.generalicentrallife.com| For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Generali Central Assured Income Plan (UIN: 133N054V05), Generali Central Money Back Super Plan (POS variant) (UIN: 133N088V05), Generali Central New Assure Plus (UIN No: 133N065V03), Generali Central New Assured Wealth Plan (UIN: 133N085V04), Generali Central Lifetime Partner Plan (UIN - 133N086V03), Generali Central Money Back Super Plan (non-POS variant) (UIN: 133N088V05) & Generali Central Assured Education Plan (133N057V03).

Saraswat Co-operative Bank Limited with its registered office at Ekanath Thakur Bhavan, 953 Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025 is a corporate agent (COR No.: CA0137) of Generali Central Life Insurance Company Limited.

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.

This is an Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan

Generali Central New Assured Wealth Plan, a Life Insurance Plan that gives you financial security in form of lump sum death benefit and a guaranteed1 lump sum amount at the end of your policy term. It also gives you Guaranteed Additions2 every year from the end of 8th year, calculated at a simple percent rate of the Sum Assured. So that you don’t have to worry about the rising cost of living.

Below are the features:

Choose from two product options-
- Guaranteed Addition - Accumulated as a percentage of sum assured at a simple rate for each completed policy year, starting from the end of 8th policy year till the end of policy
Flexibility to choose your policy term and premium payment term as available in the plan.
Increasing Death Benefit under Option.
Option to buy this plan up to the age 60 years under Option 1 & up to age 55 years under Option
Tax benefits3 on premiums paid and benefits received as per prevailing tax laws

Disclaimers

1. Guarantee is subject to payment of all due premiums.
2. Guaranteed Additions are accumulated as a percentage of sum assured at a simple rate for each completed policy year, starting from the end of 8th policy year till the end of policy term, subject to payment of all due premiums.
3. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant.
4. Death Benefit increases with the help of Guaranteed Additions that get accumulated from end of 8th policy year.

POS Life variant of ‘Generali Central New Assured Wealth Plan’ is also available where only Option-1 of this product can be applied without any medical examination up to limited Sum Assured, with waiting period for non-accidental death.

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.

This is an Individual, Non-Linked, Non-Participating (without-profits), Savings, Life Insurance Plan.

Generali Central Money Back Super Plan, a savings life insurance plan which offers guaranteed money backs at defined intervals along with the benefit of a life insurance cover. With the promise of stable returns and adequate protection coverage, you can now prepare for a comfortable life.

Below are the Features:

Enjoy Guaranteed1 Benefit on death, survival and maturity.
A Regular Pay Product with Guaranteed1 Money Backs
- Choice of Two Plan Options i.e. Option 1 and Option 2, allowing you to choose higher money back or
- higher maturity compared to other option.
- Enjoy Survival benefits during the policy term based on the category chosen within each option
- Platinum: Paid annually from the end of the 6th year, except last policy year.
- Gold: Paid annually from the end of the 8th year, except last policy year.
- Silver: Paid annually from the end of the 10th year, except last policy year.
Guaranteed Additions2 accrual starting from the end of 8th policy year till maturity.
Option of Loan3 Facility.
Tax benefits4 on premiums paid and benefits received as per prevailing tax laws.

Disclaimers

1. Guarantee is subject to payment of all due premiums.
2. Guaranteed Additions are accumulated as a percentage of sum assured at a simple rate, for each completed policy year starting from the end of 8th policy year till the end of policy term, subject to payment of all due premiums.
3. You may avail a loan once the policy has acquired a Surrender Value. The maximum amount of loan that can be availed is up to 85% of the Surrender Value.
4. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant.

POS variant of ‘Generali Central Money Back Super Plan’ is also available which can be applied without any medical examination up to a limited Sum Assured, with waiting period for non-accidental death. Please refer to the POS variant sales literature for more details.

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.

This is an Individual Non-Linked, Non-Participating (without profits), Savings, Life Insurance Plan.

Generali Central Assured Education Plan – a plan that arms you with the necessary funds to help higher education for your child into one of the finest institutes. This gives your child an ideal launch pad for a bright career.

Below are the features:

The plan enables you to save systematically until your child turns 17 years, for his/her graduation or post-graduation expenses.
3 options to receive guaranteed1 pay-outs depending on your child’s education milestones, so that the money is received when it is actually needed.
Child’s education is secured even in case of death of insured parent,
- i) Guaranteed Death Benefit is paid immediately & future premiums payable are waived off.
- ii) A regular yearly payout of 5% of Sum Assured on death and thereafter on every death anniversary until your child turns 17 years to help your child’s recurring education expenses.
- iii) Education milestone linked guaranteed payouts and maturity benefit as chosen by you are paid as scheduled without any deduction.
Tax benefits on premiums paid and benefits received as per prevailing tax laws.

Disclaimers:

1. Guaranteed benefits are payable subject to all due premiums being paid.
2. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. You are advised to consult your tax consultant.

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.

This is an Individual, Non-linked, Participating (with profi¬ts), Savings, Life Insurance Plan.

Generali Central New Assure Plus allows you to strengthen the financial future of your family, with one or two pay-outs. With this traditional savings plan, you can be rest assured that the efforts you have put in to safeguard your family financially, will never get undone.

Below are the features:

Flexibility to choose any combination of policy term and premium payment term in accordance with financial goals.
Opportunity to enhance your maturity payout via bonuses.
Option to choose between 2 death benefit payout options.
Tax benefits on premiums paid and benefits received as per prevailing tax laws.

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.

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