Group Plans
Future Generali Group Leave Encashment Plan
Synopsis:
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Specifically designed for companies that offer Leave Encashment 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 Leave Encashment Benefit as per the scheme rule will be paid.
In the unfortunate event of a member passing away, Death Benefits (i.e. Sum Assured) of Rs. 1,000/- will be paid to his / her family along with Leave Encashment Benefit as per the scheme rules.
Eligibility:
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Member’s Age at Entry18 to 69 years
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Minimum Contribution at Scheme Level5 Lakhs
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Minimum - Maximum Sum Assured1,000/- (Per Member) Fixed
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Member’s Maximum Age at Maturity70 years
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Policy Term (PT)One Year (Renewable)
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Minimum Size of the Group10 Members
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