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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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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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The transforming landscape of nutrition in a world driven by tech

read-time4 mins
views2K
Posted on: Oct 04, 2021

Only a few of us adhere to the guidelines for a healthy and balanced diet and many are not even clear on what comprises of a holistic, nutritious meal. Today, greater emphasis is laid on preventive healthcare, but so many of us are in the dark about how we should apply nutrition and other related information in the food we consume to develop a personal approach to preventing critical illnesses like diabetes, heart attack, etc., most of which are preventable and lifestyle-induced.

Technology is a driving force of innovation today, and no industry is impervious to the revolutions caused by technological advances. The food industry, like any other, has been disrupted with the latest technological advancements which have brought along a sea of change in how we consume and perceive food.

Helps you make an informed choice

First of all, we have all heard of brands in the past that have tried to get away with erroneous labels on their food products, thus misleading the consumers. However, the constantly evolving digital landscape has ensured more accountability in this industry. The unprecedented expansion of social media and smartphone usage across the country have made consumers well-informed.

With the help of these technologies, today, you can easily access all the information you need about the harmful effects of certain ingredients, its source, making process, etc. This, in turn, makes the food companies more accountable and cautious of customer outcries if they try to misinform them.

Moreover, the data also provides an opportunity to better match the supply and demand curve of the food product while ensuring that the sourcing is ethical and sustainable. The Internet of Things also provides consumers with nutritional and environmental information about the food they purchase, thus helping them to make an informed choice. The World Economic Forum says that if the Internet of Things was implemented in 50-75% of developed countries’ supply chains by 2030, nearly 10–50 million fewer tonnes of food would be lost in distribution.

Spurs on new discoveries and innovations in the nutrition space

The food industry has also gained immensely from the advancements in technology. The Internet of Things has made it possible for these companies to track the trajectory of products through supply chains. This, in turn, helps them to control a range of factors that directly or indirectly affect the food that eventually reaches their customers. The Internet of Things, for instance, helps these companies to regulate the temperature, humidity, etc. of the food product in real time, helping them to optimize the environmental conditions of food transportation.

Now, technological innovations directly also affect the quality and extent of research possible in any domain. These advancements have enabled researchers to make new discoveries about food that are changing our understanding of nutrition. For example the entrance of ‘wearable fitness trackers’ - technology that can track your biometrics to understand different aspects of your health - has also taken the fitness industry by storm. Today, we have data to understand the implications of consuming certain foods which wasn’t at our disposal, say ten years ago. For instance, in the past decade consumers have been made aware through research findings how sugar adversely affects our bodies. This has resulted in greater general awareness, and today an increasing number of consumers look for alternatives that don’t contain harmful sugars.

A nutritious diet that forms a part of our daily routine can go a long way in preventing a plethora of critical illness that can derail our life physically, mentally and financially. Nearly 14.2 million people between the ages of 30-69 years across the globe die prematurely every year from lifestyle diseases like heart attack, diabetes, and high blood pressure. If you look at the statistics, some of these diseases have emerged as more fatal than hereditary or infectious diseases. Looking at these alarming numbers, it is needless to say that investing in a health insurance plan must be the priority investment before one starts investing to fulfill one’s long-term goals. Given the rising incidence of critical illnesses like heart attack, cancer, renal failure etc, it is important to invest in a critical illness plan as well. A standard health insurance policy is restricted to hospitalization expenses and does not include associated treatment or rehabilitation costs. A critical illness insurance policy fills this gap. Critical illness policy pays a lump sum upon the diagnosis of the covered critical illness.

Suggested Plans

Generali CentralFEATURED

Generali Central Long Term Income Plan

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

Product UIN: 133N054V05

  • Get Guaranteed income for up to 50 years.
  • Optional riders to enhance protection
  • Maximize your returns with Tax Benefits
  • Life cover during the policy term

Generali Central

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
  • Receive a lump sum at maturity
  • Stay protected throughout the policy term
  • Save on taxes while you plan your future

Generali Central

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
  • Life cover up to 10× your annual premium
  • Pay for 6, 8, 10 years, benefits up to 20 years
  • Tax Benefits under Section 80C & 10(10D)

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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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