Society drives us to earn more. Every aspect of our education teaches something that will help us make a living for ourselves. Eventually, an income will sustain only when you make suitable investments to make it grow even further. The value of systematic saving is always underestimated. However, it does not do any good unless you choose to link it with Investment Plans In Dubai. When you save, you lock the money, and let the inflation rate reduce its value. By investing in appropriate insurance plans, the investment amount will bear returns and that return will give you even more returns.
Here is everything you need to know about Orient Insurance’s ‘Futura Invest Plan’ for a better tomorrow!
About Future Invest Plan
This policy from Orient Insurance gives you three principal benefits—Investment, savings, and safety. All these components are put together as a single product called Future Invest Plan. It has also got something better than this. You can choose to pay a one-time premium with the option of subscribing for more investments.
Apart from all the evident benefits that the product offers to you, there is peace. You can relax without having to take on the burden of ensuring the well-being and safety of your family, business, and yourself.
This product is very suitable if you are looking for a Child Education Plan. It will even serve as a wealth accumulation policy to finance all your retirement needs.
Key features & benefits of Future Invest Plan
Some of the features of this product would give you an idea of whether it will be relevant to you. But it is always better to consult a professional financial planner as their expertise will help you select the Best Insurance In Uae. So, having established a stable foundation about the policy in the previous sections, here are the key features of the Future Invest Plan:
- You can opt for a single premium payment and add investments by way of top-ups.
- 100% of your cash will be allocated to you on top up investment , with the option of partial withdrawal.
- Select investments depending upon your risk-bearing capacity.
- Either the sum assured on the death or the total fund value, whichever tends to be higher, is paid to you.
- With this plan, you can include your spouse as a Joint-life policyholder.
- This product enables more savings through strategic investments and provides you with enough wealth at the end of the term. You may look further into this product if you are looking to opt for a Retirement Plan In Uae.
Minimum and Maximum Plan Term
The lower limit of the term plan is fixed at 5 years and does not terminate until the policyholder crosses 101 years of age. As said earlier, this is a single premium payment policy.
Age Eligibility
A policyholder can be as low as 1 month to be eligible to apply for this policy. The maximum age limit is restricted to 84 years.
Sum assured
The total sum assured will be 101% of the Single Premium in Option A & B in this policy, along with the sum assured in Option D. Consult a professional financial planner to know more in this regard.
Death Benefits
This plan will pay out the sum assured or the total accumulated fund value whichever is higher.
Maturity Value
When the policy matures, 100% of the fund value will be paid to the policyholder.
This post would have given you a glimpse into the Future Invest Plan from Oriental Insurance. If you need any clarifications or have queries regarding this policy or any other insurance plans, contact Life Insurance Bazaar at lifeinsurancebazaar@gmail.com. We would be very glad to help you choose the Best Term Insurance Plan.
