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Future Generali India Life Insurance Company Limited is now Generali Central Life Insurance Company Limited. Generali Central Life Insurance Company Limited – A joint venture between Generali – one of the world’s leading insurers and Central Bank of India, India’s finest nationalised bank.

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Budget 2019: What’s in Store for us in A.Y. 2020-21

read-time3 mins
views2.6K
Posted on: Feb 02, 2022

The interim budget announced on 1st Feb 2019 has bought out joy to middle-class taxpayers, common man and especially the farmers. The satisfaction from this budget was visible on the domestic market that saw a rise of 1 percent.

Many market leaders, economists and corporate experts are saying that the budget has set a strong foundation of high growth in the coming years. It will bring host of provisions that are going to boom India’s economy in the coming time. Brinda Jagirdar, a senior economist, states that the budget proposed by the government is an incredibly balanced and incremental one.

In the article, we will discuss the key highlights of the interim budget 2019 and what it has in store. Read on to know more.

Major Announcements Made in The Interim Budget
The Key Highlights of The Interim Budget
The Takeaway

“This is just a trailer of the budget, which after elections will take India on the path to development”. The words of Prime Minister on the interim budget are an assurance that something more is about to come for middle-class and lower-class societies of the country. Benefits of the interim budget are yet to be reaped entirely, however, it still does promise that the revered ‘Acche Din’ might just be around the corner.

Maximise your wealth with 1% to 7% extra allocation* on your premium Buy Now

*Premium for 30 year old, Non Smoker Male. Policy Term: 30 years for Basic Life Cover option inclusive of Goods & Services Tax. UIN 133N058V03

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Generali Central Long Term Income Plan

With this life insurance policy, get life cover & guaranteed growth with regular payouts to keep things steady.

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Generali Central Money Back Super Plan (POS Variant)

A plan that supports your dreams with timely payouts while keeping your family protected through every stage.

Product UIN: 133N090V03

  • Get money back at key life stages
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Generali Central New Assured Wealth Plan (NON-POS Variant)

A guaranteed plan that helps you build wealth with confidence while securing your future.

Product UIN: 133N085V03

  • Lump sum maturity payout for future goals
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Got Questions? We’ve Got Answers!

Here are answers to some of the questions you might have.

Life insurance is a financial safety net that supports your loved ones in your absence. If something happens to you, it provides them with funds to help cover everyday expenses, repay debts, and achieve future goals. It gives you peace of mind, knowing your family’s financial future is secure— no matter what.

The right plan depends on your needs.

Start by assessing your life stage, financial goals, and the needs of your family. Consider factors like your income, outstanding loans, future expenses and goals (like children’s education, foreign travel, study abroad), and desired coverage amount. We offer a wide range of plans that cover multiple goals and budgets. To get a better idea and make a confident choice consult with a financial advisor or call us on 1800 102 2355.

A good rule of thumb is to aim for coverage that's 10–15 times your annual income. Consider your family’s living expenses, outstanding loans, children’s education, and long-term goals. The right amount ensures your loved ones can maintain their lifestyle and meet future needs— even in your absence.

We would love to help you choose and buy the right policy for your needs. Call our toll-free number 1800 102 2355 or drop us an email at care@generalicentral.com.

Reach out to us in any way that you prefer, and our team of experts will soon get back to you!

Disclaimers

Understand your policy better with key details and insights into our Generali Central Life Insurance.

This Product is not available for online sale. Life Coverage is included in this Product. For detailed information on this plan including risk factors, exclusions, terms and conditions etc., please refer to the product brochure and consult your advisor, or, visit our website before concluding a sale. Tax benefits are as per the Income Tax Act 1961 and are subject to any amendment made thereto from time to time. If you have any request, grievance, complaint or feedback, you may reach out to us at care@generalicentral.com For further details please access the link: www.generalicentrallife.com/customer-service/grievance-redressal-procedure.

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