Generali Central Life Insurance launches Sunehra Pension Plan

Generali Central Life Insurance (GCLICL), has launched the Sunehra Pension Plan. It is a participating (PAR), on-linked, pension, savings-oriented life insurance plan aimed at helping policyholders build a retirement corpus for their future financial security. By 2050, India’s elderly population is expected to nearly double from 10.5% in 2022 to around 20.8%. At the same time, pension assets remain low at just 17% of GDP compared to 80% in developed markets underscoring the urgent need for stronger retirement preparedness. Recognizing this emerging reality, Generali Central Life Insurance’s Sunehra Pension Plan is designed to help individuals plan more effectively for their retirement, enabling them to systematically build a corpus and secure long-term financial stability in their post-retirement years.