Date:08/10/2008 URL: http://www.thehindu.com/2008/10/08/stories/2008100855621600.htm

Business - Briefly

Future Generali’s retirement plans

— PHOTO: SHASHI ASHIWAL

FLEXIBLE PLAN: Jayant Khosla (right), MD and CEO, Future Generali India Life Insurance Company, and Deepak Sood, MD and CEO, Future Generali India Insurance Co. at a press conference in Mumbai on Tuesday.

MUMBAI: Future Generali, the insurance venture of Future group of India and Generali group of Italy has launched two retirement plans, Future Pension plan and Future Pension Advantage plan. Future Pension plan provides additional premium contribution option, which can be made even on a lapsed policy. Future Pension Advantage provides flexibility to the customer. The minimum deferment period is two years (single premium option), says a release.

Corrections and Clarifications

[An item "Future Generali's retirement plans" ("Snippets - Business" page, October 8, 2008) said Mr. Deepak Sood is MD and CEO, Future Generali India Insurance Co., in the caption of the accompanying photograph. He is the CEO of the company.]