Future Generali launches child benefit plan

Future Generali India Life Corporation, the joint venture between Future Group and Generali Group, has launched an insurance policy for child education.

Future Child Benefit Plan is a long-term policy that is designed help investors to build a corpus for a child's education.

This is a fixed benefit plan with an option to receive money either regularly or a accumulated sum at the maturity. It also has a in built waiver in the event of unfortunate death or total permanent disability of the parent.

Jayant Khosla, CEO, Future Generali India Life Insurance said: "Our existing basket offers a choice of plans depending on each individual need and premium paying ability and we will keep expanding our portfolio to bring more and better products."