Future Pension Plans: Future General Life Insurance’s Future Pension Plans, as the name goes, helps you to ensure that even after retirement you and your family can enjoy a steady inflow of money by which you can lead a comfortable life without any financial problems.
The earlier you financially plan your retirement, the better. But it is never too late to take this step and get a Future Pension Plan policy.
Future Pension Plans policy features are security and reliability Future Pension plan helps you by providing a steady flow of income by adding bonuses regularly to your pension fund account. The policy also has a guaranteed addition of 5% to your pension fund after 15 years. This helps you to build a big size corpus by the time you retire.
The Benefits and the policy coverage adds bonus after bonus to your plan Future Pension plan assures you that 100% of your contribution will be credited into your Personal Pension Fund account. You will get your PPFA on maturity of your policy.
On maturity of your premium, you are eligible to get also the surrender value as well as the compounded bonuses that have been accumulated in your fund.
This policy has the facility of participating in the profits arising out of the company’s “with profits” life insurance benefits. Compound reversionary bonuses will be credited on your policy and will apply when it is declared on the PPFA. Once it is declared, it will form a part of the guaranteed benefits and this will be available to you on death, maturity or surrender of the policy.
In case of your unfortunate death during the policy term, your beneficiary has the option of purchasing an annuity from the death benefit. In case you have opted for the Term rider, then the sum assured along with the surrender value will be paid to your beneficiary.
According to the retirement benefit, the PPFA will be available to you on the date of vesting of your policy. With this amount, you can either opt to buy an annuity from us or you can choose to buy an annuity from a company of your choice.
Futture General Life Insurance’s Future Pension Plans is tailor made for planning your retirement life in advance, so why to hesitate any more?
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