About Future Generali Health Insurance
Future Generali General Insurance was established in 2007 as a joint venture between Future Group and Generali Group. Future General Insurance soon rose to become one of the leading insurance providers in India. With over 125 branches in India, they are connected to major commercial banks like Bank of Maharashtra, UCO Bank, Laxmi Vilas Bank and Nainital Bank. Their wide range of health insurance plans covers critical illnesses,families, accidents, daily hospitalization etc.
With over 4300 network hospitals, Generali Insurance maintained an 87.42% claim settlement rate in 2018-19. Their dedication to their clients is further evidenced by their grievance resolution rate of 99.73%. Therefore, Future Generali places itself ahead of the industry by anticipating and consistently meeting client needs. By servicing over 300 million customers, they remain one of India’s top health insurance choices today!
The different Future Generali Health Insurance Plans include:
- Future Generali Health Suraksha Individual Plan
- Future Generali Health Suraksha Family Plan
- Future Health Surplus Insurance Plan
- Future Generali Criticare Critical Illness Plan
- Future Generali Future Hospicash Insurance Plan
- Future Generali Personal Accident Plan
- Future Generali Varishta Bima Health Insurance Plan (Senior Citizens)
- Future Secure Motor Insurance
Let’s take a closer look at each Future Generali plan.
Future Generali Health Suraksha Individual Plan
- Entry Age: 90 days - 70 years
- Policy Term: 1 year
- Sum Assured: Rs. 50,000 to Rs. 5 lakhs (Basic/Silver/Gold Plan); Rs. 6 - 10 lakhs (Platinum Plan)
- Pre and Post-Hospitalization: 60 and 90 days, respectively
Other benefits:
- Portability possible
- Cumulative Bonus: 10% for every claim-free year up to 50%.
- Free Look Period: 15 days
Future Generali Health Suraksha Family Plan
- Entry Age: 90 days - 70 years
- Policy Term: 1 year
- Sum Assured: Rs. 50,000 to Rs. 5 lakhs (Basic/Silver/Gold Plan); Rs. 6 - 10 lakhs (Platinum Plan); Rs. 50,000 for dependent children
- Pre and Post-Hospitalization: 60 and 90 days, respectively
Other benefits:
- Ambulance Coverage: Up to Rs. 1500
- Free Health Checkups every 4 claim-free years.
- Hospital Cash Benefits available under the Platinum Plan.
Future Health Surplus Insurance Plan
- Entry Age: 3 months - 65 years
- Policy Term: 1 year
- Sum Assured: Rs. 3 - 10 lakhs (Deductibles: Rs. 2 - 5 lakhs depending on sum chosen)
- Pre and Post-Hospitalization: 60 and 90 days, respectively.
Other benefits:
- Family Discounts of 20 - 60% on premiums.
- Cashless facilities
- Free Look Period: 15 days
Future Generali Criticare Critical Illness Plan
- Entry Age: 6 - 65 years
- Policy Term: 1 year
- Sum Insured: Rs. 1 - 50 lakhs (max. Rs. 20 lakhs for people over 45)
- Benefits: 12 critical illnesses covered under this plan
Other benefits:
- Portability allowed
- Lump-sum payout upon diagnosis
- Plan can extend coverage to spouse and 2 children
Future Generali Future Hospicash Insurance Plan
- Entry Age: 6 months - 65 years
- Policy Term: 1 year
- Sum Assured: Plan A - Rs. 500; Plan B- Rs. 1000; Plan C - Rs. 2000; Plan D - Rs. 3000
- Income Requirements: Plan A and B - N/A; Plan C - Rs. 50,000/month minimum; Plan D - Rs. 75,000/month minimum
Other benefits:
- ICU Allowance: Rs. 1000-1500 (A); Rs. 2000-4000 (B); Rs. 4000-6000 (C); Rs. 6000-9000 (D)
- Convalescence Benefit: Rs. 5000 under Plan D
- Existing coverage under hospital cash policies should not exceed Rs. 6000.
Future Generali Personal Accident Plan
- Entry Age: 18 - 70 years (3 - 25 years for children)
- Policy Term: 1-3 years
- Sum Assured: Up to 144x of proposer’s monthly income
- Coverage: Worldwide cover 24/7
Other benefits:
- Can recover 100% of sum assured depending on the extent of damage
- Repatriation Benefit: Up to 1% of accidental death compensation
- Temporary Total Disability: 24x of insured’s monthly income (not applicable to Class III jobs)
- Road ambulance cover completely compensated up to the maximum amount as stated in the Policy Schedule
- Family Discount: 10% discount on premiums if 1+ family member is covered
Future Generali Varishta Bima Health Insurance Plan
- Entry Age: 60 years minimum
- Policy Term: 1-3 years
- Sum Assured: Rs. 2 - 10 lakhs
- Coverage: 60 and 90 days, respectively
Other benefits:
- Emergency ambulance coverage: Up to Rs. 1000
- Free health checkup after 1 year of continuous coverage
- Hospitalization Coverage: Rs. 4000 - 10,000
Future Secure Motor Insurance
- Third-Party Coverage: Up to Rs. 7.5 lakhs
- Personal Accident Coverage: Up to Rs. 2 lakhs
- Sum Assured: Insured Declared Value (IDV)
- Cashless Garages: 900+
Other benefits:
- No-Claim Bonus: Up to 50%
- Anti-Theft Devices Discount: 2.5% premium discount (up to Rs. 500) upon installation of ARAI-approved anti-theft devices
- Daily cash benefit provided during accident repair in garages
Advantages of Future Generali Health Insurance India
The multiple positive Future Generali reviews are testaments to this company’s far-reaching, comprehensive coverage. Even Future Generali Car Insurance reviews are glowing and representative of the company’s expertise in this field. Therefore, we must examine the range of benefits every Future Generali Health Insurance review discusses:
- Their 5100+ network hospitals offer cashless facilities, making the payment process accessible and efficient when you file a claim.
- The number of add-ons and family floater or individual options make their plans elaborate with enough coverage to ensure that their clients stay financially safe through every emergency.
- Every plan has a free-look period, and most offer benefits like no-claim bonuses, adding incentives. This is further reflected in Future Generali Insurance reviews for every kind of insurance, ranging from critical illness to senior citizen to motor insurance.
- Their user-friendly website ensures that all purchases, claims and renewals can be done online. This is very attractive for people who might not be familiar with the necessary procedures.
- All Future Generali premiums are deductible under Section 80(D) of the Income Tax Act up to Rs. 25,000.
Future Generali Premium Calculator
Future Generali helps you calculate your premium, so you know what to expect. They provide an exceptionally comprehensive Future Generali Car Insurance calculator. Using various factors, they determine how much you will have to pay. These include:
- Age of vehicle
- Cubic capacity
- Geographical location
- Make and model of vehicle
- Any special discounts and bonuses
- No-claim bonus, if applicable
Future Generali Insurance Claim Ratio
Future Generali settles claims at an impressive 87.42% rate. They provide this through the two kinds of Future Generali Insurance claim forms. Therefore, depending on whether or not your hospitalization happens at a network hospital, you need to choose the correct claim form. The 2 forms are:
Reimbursement Claims
- Pay all your bills within the first 15-30 days after hospitalization
- Submit all the required documents (invoices, prescriptions etc.) to the company
- Submit the claim form with the documents mentioned above
- If verified and approved, Future Generali will notify you and reimburse your expenses
Cashless Claims
- Submit the Future Generali claim form to the hospital’s help desk
- Show them your Future Generali Health Card
- A TPA sends the form to the company for analysis and verification
- If approved, they directly settle your expenses with the hospital
- If rejected, you must pay the bills, but you can apply for reimbursement later
Cover 360 has a highly responsive customer service team which is here to help you through the entire process. We ensure you have all your documents as well as the necessary claim form while answering any other questions you may have along the way!
Future Generali Insurance Renewal Procedure
- Visit cover360.in and go to our renewal page
- Enter the details asked
- You will be taken to Future Generali’s website to complete the procedure
- If you go directly to the website, there is ‘a Renew’ tab you can click on
- Enter your policy number and phone number
- Check the policy and premium details
- Once verified, you can make your premium payment by the payment mode of your choice
- You can also register on the website to simplify future payment processes, where you log in and pay your premium
If you require assistance in any of these areas, feel free to contact us, and our insurance experts will enthusiastically guide you. We want to help you have a life of financial security, especially in times of crisis!
