Future Generali launches Future Anand

17 June 2009

Future Generali India Life Insurance Company, the insurance joint venture between the Future Group of India and Generali Group of Italy has launched Future Anand, a combination of whole life and endowment assurance.

The plan provides the benefit of two covers in a single policy, while still costing much less than two policies.

Future Generali is present in India in both the life and non-life businesses as Future Generali India Life Insurance Co Ltd and Future Generali India Insurance Co Ltd.

The Generali Group is one of the most significant participants in the global insurance and financial products market. The Group's Parent and principal operating company is Assicurazioni Generali, market leader in Italy, founded in 1831 in Trieste.

In recent years, the Group has made a significant return to Central-Eastern European markets and has set up offices in the principal markets of the Far East, among which are China and India.

The Future Anand scheme allows customers to choose a short payment term and get back the sum assured along with guaranteed additions and bonuses as maturity benefit, while staying insured up to the age of 99 years, with a 125-per cent life cover after the premium paying term.