One of the major worries that bread winners of the house have is the security of their family in case of their absence. This is why life insurance forms a part of every individual's investment portfolio. These plans offer investors the assurance that their loved ones are financially secured even when they are not around to provide them. Future Generali Life insurance plans are popular in the market. They have a range of life insurance plans segregated under sections like Protection plans, Savings plan, Child plans and Retirement plans.

Known for the both life and non-life products they offer in the market, Future Generali Life insurance has excellent term insurance plans under their Protection Plans section. These are FG Care Plus and FG Smart Life.

Let's take a better look at each –

FG Smart Life – In this age of speed, everyone looks for instant solutions for their problems. This is why Future Generali Life insurance brings you an online term life insurance plan – FG Smart Life. It is a simple term insurance plan that can be bought online without any hassles. This plan is faster, affordable and has more attractive features as compared to the other online plans. The greatest benefit of the plan is that it can be bought online without any hassles and lengthy documentation processes. It gives you the power to protect your loved ones with just a click.

Some of the features of the plan include –

• It is a non-linked, non-participating plan

• Involves a simple buying process

• The nominee of the policy gets the sum assured in case of the unfortunate demise of the policy holder during the insurance term

• Free look period of 15 days

• Discounts offers on premium for higher sum assured

• Tax benefits as per the prevailing tax rules

• Policy holders who buy large sum assured levels can avail a good discount on their premium as elaborated below – Future Generali Smart Life Sun Assured (in Rs.) Per 1000 SA (in Rs.) >=10 Lakhs; < 25 Lakhs Nil >=25 Lakhs; < 50 Lakhs 0.10

FG Care Plus - This plan under Future Generali Life insurance offers two variants, FG Care Plus Classic and FG Care Plus Premier.FG Care Plus Classic offers you a cover up to Rs. 24,99,999 and Future Generali Care Plus Premier offers a sum assured of Rs. 25,00,000 up to 1 crore. Features and benefits of the plan are as follows -

- The nominee of the policy gets the sum assured in case of the unfortunate demise of the policy holder during the insurance term

- Get discount on premium for higher sum assured

- Choose optional additional covers in form of riders - Save tax as per prevailing tax rules

Source: http://www.squidoo.com/secure-life-with-future-generali-life-insurance