Future Generali unveils investment plan

Future Generali India Life Insurance Company, a joint venture between the Future Group and Generali of Italy, launched Future Freedom Plus, a long-term insurance-cum-investment plan in Chandigarh on Thursday.

This is a medium to long-term plan providing the benefit of low premium allocation charges, with higher investment in funds. With the launch of this plan, the company is eyeing a premium income of Rs 500 crore in the current financial year as compared to Rs 152 crore last year.