7 min read
Updated on Jul 13, 2022
About Future Generali is an insurance conglomerate in India well-known in the field of general insurance. With a diverse choice of health insurance policies, Future Generali presents their clients with financial security against numerous medical conditions and diseases.
The firm is a joint venture between two multinationals namely; the Future Group, which is a leading retailer in India, and the Generali group, which is an international insurance group based in Italy.
The insurance company offers a spectrum of products in general insurance including:
The Future Generali Insurances started their functioning from September 2007 and have presence all across India with over 125 branches.
Future Generali offers numerous products in the health insurance sector in India at reasonable premiums. The company has a range of Future Generali health insurance plans for families, individuals, and senior citizens. They also have plans that are disease-specific as well as top-up and super top-up health plans for their clients. The health plans of Future Generali Health Insurance provide comprehensive coverage to meet the major requirements of health insurance of individuals.
|Network Hospitals Available||5100+|
|Waiting Period (Pre-existing Ailments)||4 yrs|
|Claims Settlement Ratio||82.96%|
* Year 2019-2020 Data
Here are some awards and achievements which bring prominence to the Future Generali India insurance company.
Future Generali or Future General insurance company is one of the most sought after brands in the insurance sector in India. Below are some advantages that individuals can gain by obtaining health insurance policies from the company:
Here are some of the top Future Generali Health Insurance Plans:
This plan covers the insured against any critical disease by covering hospital expenses and other related expenditures.
You can follow the steps below to buy a Future Generali health insurance policy online:
Below are the steps to be followed for Future Generali Health Insurance policy renewal:
There are 2 ways to make a claim for Future Generali Health insurance. They are:
Here are the steps to proceed with cashless claim:
Claim Settlement Ratio is the ratio of claims that are settled by an insurer during a policy year as against the complete claims that the insurer receives during the year.
The claim settlement ratio of Future Generali for the financial year 2018-19 was 87.68%, while it was 82.96% for the financial year 2019-20.
|Financial Year||Claim Settlement Ratio|
Future Generali health insurance plans are best to cover all your health insurance needs. They are available with fair terms and conditions and reasonable premiums. The claim settlement ratio of the Future Generali is also better than many other health insurance providers.
Here are some benefits mentioned below:
# Cashless hospitalization at 4200+ network hospitals.
# Lifetime renewability.
# Tax benefits under section 80D of Income Tax Act
# Portability allowed.
# Ambulance Charges covered.
# Day Care Treatment procedures covered.
# Pre, post hospitalization expenses covered
# 15 days Free Look Period allowed
# Add on covers available.
# Cumulative Bonus of 10% offered for claim-free years.
# Grace Period for Renewal of over 30 days from expiry of the policy is allowed
Yes, most Future Generali health plans allow portability features within the company from one plan to another. You need to approach the company to avail this feature.
# Visit the insurance desk of a Network Hospital.
# Show your health card for Cashless Treatment.
# The Hospital will verify your identity.
# Submit duly filled pre-authorization form.
# You can get hospital admission without a deposit.
# And receive cashless treatment.
Future Generali offers a wide range of general insurance products including Motor Insurance, Health Insurance, Travel Insurance, Personal Accident & Home Insurance etc.
1. Go to the website of Future Generali Health Insurance.
2. Click on ‘Renew’ on the home page.
3. Submit policy details. Now, click on the tab ‘Renew’.
4. Choose the quote that suits you most.
5. Make the payment online.
6. Your policy is renewed.
Policyholders of Future Generali can claim for health insurance via cashless treatment claim or via reimbursement claim option.
# You need to submit original documents and bills received from the hospital to the Future Generali branch (for reimbursement claims)
# The company will settle the claim as per policy terms and conditions.
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