Future Wealth Gain
Introducing Momentum Finserv Life Future Wealth Gain, an innovative and versatile unit-linked insurance plan designed to meet your evolving life goals and investment expectations. This plan is meticulously crafted to cater to your desire for substantial returns while simultaneously providing protection for your loved ones’ future and offering crucial financial support in times of critical illnesses.
Future Wealth Gain stands out as a non-participating, individual life, unit-linked endowment plan that offers a comprehensive solution that combines both protection and growth aspects. This holistic approach empowers you to systematically pursue and achieve your life objectives with confidence and financial security.
Key Advantages - Future Wealth Gain
The key advantage of Future Wealth Gain is its potential for market-linked returns while offering protection. Here are the key advantages of this plan:
Dual Benefits
Experience the best of both worlds with wealth accumulation through market-linked returns and comprehensive life coverage for your loved ones.
Personalized Investment
Tailor your investment journey with flexible premium payment terms, policy terms, and sum assured multipliers, making it truly your own.
Strategic Growth
Choose between two portfolio strategies to align your investments with your risk tolerance and financial goals.
Enhanced Protection
Opt for optional riders such as Accidental Death Benefit and Critical Illness Benefit, ensuring comprehensive coverage for life's uncertainties.
Seamless Application
With the required documents in hand, applying for the Future Wealth Gain ULIP plan is convenient and hassle-free.
Tax Benefits
Enjoy tax benefits on premiums paid and benefits received, optimizing your tax planning.
How Future Wealth Gain Works?
Variant Selection
You have the flexibility to choose between the "Wealth Plus" and "Wealth Plus Care" variants based on your financial goals and protection needs.
Premium Flexibility
Future Wealth Gain allows you to choose the premium payment amount that aligns with your financial capacity and aspirations.
Life Cover Determination
Tailor your life cover by selecting a sum assured multiplier that provides you with the desired level of protection for your loved ones.
Policy Term and Premium Payment Duration
Customize your policy term and premium payment duration to best suit your long-term financial planning goals.
Payment Frequency
You can choose the premium payment frequency that suits your cash flow and financial preferences.
Portfolio Strategies
The plan offers you the choice between two portfolio strategies, enabling you to align your investments with your risk tolerance and potential returns.
Optional Riders
Enhance your coverage by adding optional riders to your policy, providing extra protection for specific events or circumstances (with applicable charges).
Eligibility Criteria - Future Wealth Gain
Future Wealth Gain is open to individuals looking to build wealth while protecting their loved ones, offering comprehensive financial coverage:
- Entry Age: The minimum and maximum age at which you can enter the plan.
- Maturity Age: The age at which the plan matures and you receive the accumulated benefits.
- Policy Term: The duration for which the plan provides coverage and investment opportunities.
- Premium Payment Frequency: Choose how often you want to pay your premiums (monthly, quarterly, annually, etc.).
- Premium: The amount you need to pay for the plan, based on your chosen premium payment amount and frequency.
- Minimum Sum Assured: The lowest amount of life cover provided by the plan.
- Maximum Sum Assured: The highest amount of life cover available through the plan.
- Minimum/Maximum Top-Up Sum Assured: Additional coverage you can opt for beyond the regular sum assured.
Benefits of Momentum Finserv Life Future Gain
Future Wealth Gain offers financial growth and insurance coverage, making it a valuable addition to your financial portfolio:
- Wealth Accumulation: The Future Wealth Gain ULIP plan offers you a pathway to accumulate wealth over time, harnessing the potential of market-linked returns to enhance your financial portfolio.
- Life Cover: Beyond wealth creation, the plan ensures that your loved ones are financially secure with a comprehensive life cover, providing peace of mind in the face of uncertainties.
- Flexibility: Tailor the plan to your preferences with customizable options for premium payment term, policy term, and sum assured multiplier. This flexibility ensures your investment aligns perfectly with your financial goals.
- Investment Choice: Choose between two portfolio strategies - "Wealth Maximiser" and "Trigger Based Portfolio Strategy" - to match your risk appetite and potential returns.
- Riders for Enhanced Protection: Enhance your coverage with optional riders, such as Accidental Death Benefit and Critical Illness Benefit, offering additional layers of protection tailored to your needs.
