Future Generali India launches NAV guarantee Ulip

Future Generali India Life Insurance Company, the Insurance joint venture between Future Group of India and Generali Group of Italy has launched  Future Generali  NAV Assure, a NAV guarantee unit-linked Insurance plan.

This is the first ULIP launched in the market after the standoff between SEBI and IRDA. The product would guarantee highest NAV recorded on daily basis during the  first  seven years of the policy or NAV at maturity date, whichever is higher. Minimum annual premium for limited premium payment option is Rs 39,960 and minimum single premium is Rs 2,00,000.

Future Generali is currently active through 91 branches across 83 locations with over 44,000 licensed advisors.