Life Insurance Products

Group Plan

Future Generali Group Gratuity Plan

Synopsis:

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Specifically designed for companies that offer gratuity benefit to their employees

Benefits:

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In case of separation of an employee due to any reason, a lump sum amount i.e. the Gratuity Benefit as per the scheme rule will be paid. In the unfortunate event of a member passing away, Death Benefits of Rs. 1,000/- will be paid to his / her family along with Gratuity Benefit as per the scheme rule.

Eligibility:

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Member’s Age at Entry18 to 69 years

Minimum Contribution at Scheme Level5 Lakhs

Minimum - Maximum Sum Assured1,000/- (Per Member) Fixed

Member’s Maximum Age at Maturity70 years

Policy Term (PT)One Year (Renewable)

Minimum Size of the Group10 members

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