Comprehensive Policy Future Generali Motor Insurance

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Purchasing a vehicle is one of life's greatest joys. Now, while you put in so much effort to find the right vehicle, you mustn’t forget to protect it against damage and ensure its safety. You ask how? Enter the Future Generali Motor Insurance Comprehensive Policy to protect you against different types of damages and legal liabilities.

A robust and comprehensive motor insurance is more than just a legal requirement for your vehicle; it is a safety net that comes into play during times of need. Let’s learn more about the Future Generali Motor Insurance Comprehensive Policy to find out how it is the right choice for your vehicle.

Highlights Comprehensive Policy Future Generali Motor Insurance

Comprehensive coverage for every vehicle’s safety.

24*7 assistance for every insured vehicle.

Future Xpress & Xpress+ for personalised services and quick claim settlement.

Option to pick a multi-year policy for convenience.

Get all your insurance related queries answered

Future Generali Motor Insurance Comprehensive Policy: Highlights

Take a look at the table for a detailed understanding of the Future Generali Motor Insurance Comprehensive Policy highlights:

Particulars	Details
Policy Name	Future Generali Motor Insurance Comprehensive Policy
Insurance Company	Future Generali India Insurance Company Ltd
Benefits	Multiple Benefits: Comprehensive Coverage 24*7 Roadside Assistance Quick Claim Settlement Legal ComplianceFinancial Protection
Add-Ons	Available Options: Zero Depreciation. NCB Protection Return to Invoice Engine Protector Inconvenience Allowance
Network Garages	6,500+
Claim Settlement Ratio	90.93% for FY 2023-2024

Features and Benefits of Future Generali Motor Insurance Comprehensive Policy

The Future Generali Motor Insurance Comprehensive Policy is a reliable choice as it ensures legal compliance and offers financial protection as well. Let’s take a look at the features and benefits of the policy to understand why it can be a smart choice:

Comprehensive Coverage

The policy is designed to provide comprehensive coverage that addresses various types of damage. Here’s how:

Coverage Against Own Damage

Under this, you receive coverage for any damage to the insured vehicle or the owner's property.

Coverage Against Third-Party Liabilities

Under this, you get coverage for any damages done to a third party or person by the insured vehicle.

Financial Safety

Being a diligent driver, you surely can avoid accidents. However, driving on Indian streets comes with uncertainties that you must be prepared to handle efficiently. This is where a comprehensive policy like this comes into the picture to protect you from the financial liabilities of accident, theft or any other kind of damages done to your vehicle or a third party.

Easy Application and Approval

Purchasing a vehicle has become a hassle-free process in today’s time, and so has the experience of purchasing motor insurance. The Future Generali Motor Insurance Comprehensive Policy is easily available both through online and offline portals. Additionally, with minimal documentation and quick approval, you can get yourself a robust plan within minutes.

Peace of Mind

In the absence of a motor insurance plan, it is obvious to be in constant worry of legal and financial liabilities that might arise due to any unfortunate event on the road, like an accident, theft etc. Purchasing the policy promises peace of mind, which ultimately makes every ride safer and more enjoyable.

Access to Network Garages

If you have been driving your vehicle for a decent amount of time, you must have already realised the importance of accessing the garage. Whether it is for repairing tyres, engines, dents etc, you need a reliable garage not just in your city but all across the country. The insurance company has partnered with over 6,500 garages, offering hassle-free service and cashless claim settlement.

Quick Claim Settlement

Imagine paying premiums every month for a motor insurance policy and then struggling to get your claim settled. Sounds frustrating, right? Worry not, as the insurance company boasts an impressive claim settlement ratio, reflecting its efficiency in settling claims seamlessly.

Wish to Enhance Your Coverage? Take a Look at the Riders Available

When it comes to a motor insurance plan, every individual has different needs depending on the vehicle they drive, the city they drive in, etc. If you feel that the base coverage is insufficient for all your needs, you can opt for the following riders on your existing policy for a minimal additional premium.

Riders	Details
Zero Depreciation	Under this rider, the insurance company promises to pay the actual cash value of your vehicle, rather than its depreciated value.
NCB Protection	Under this rider, in addition to enjoying no claim bonus at the time of renewing your policy, you can get a bonus even if you have made claims in the previous policy year.
Engine Protector	Under this rider, the insurance company steps in to offer coverage and financial protection for damage or loss to the vehicle's engine caused by an accident. Note: Engine damage due to normal wear and tear is not covered
Return to Invoice	Under this rider, the insurance company promises to pay you the difference between your vehicle's invoice price and the insurance value, even if your vehicle has faced a total loss due to damage, theft, etc.
Inconvenience Allowance	Under this rider, the insurance company pays daily allowances for every day your vehicle is at an authorised repair centre.
Legal Liabilities	Under this rider, you can get coverage for: Passengers (Non-Fare Paying) Hired a conductor, cleaner or driver Employees, other than the driver, are travelling or driving.

Future Generali Motor Insurance Comprehensive Policy: What is Covered?

Purchasing the Future Generali Motor Insurance Comprehensive Policy comes with a promise to offer you wide coverage. Here’s what you get:

Coverage Against Damages

The policy offers coverage for damages done to the insured vehicle due to reasons like fire, theft, accident, natural calamities like earthquakes, floods, etc.

Coverage Against Third-Party Liabilities

The policy is designed for comprehensive coverage, and therefore, it promises coverage against third-party liabilities. Here is what you get:

Bodily Injury and Death

In any case, if the insured vehicle is involved in an accident and is liable to compensate a third party for any injury or death, then the policy steps in to offer coverage.

Property Damage

In any case, if the insured vehicle is involved in an accident and is liable for compensating any damage to a third party person or property, then the insurance company steps in to offer coverage.

Note: Please verify the policy document for the maximum amount allowed under this provision.

Roadside Assistance

Being stranded on the road due to damage in your vehicle is a crisis that you would want to avoid at all times. The policy offers 24/7 roadside assistance, providing immediate and appropriate vehicle service.

Future Xpress and Xpress +

Through this, you can access personalised services, spot surveys, easy document verification, a promise for quick repair, and preferential treatment for claim settlement.

Anti-Theft Device Discount

If your vehicle is equipped with an updated anti-theft device, your insurance company may offer exciting discounts on your premium.
Note: Remember that the anti-theft device must be approved by the Automobile Research Association of India.

Towing Assistance

Getting into a road accident can take a toll not just on your pocket but also on your mental health. In such a situation, the insurance company promises towing assistance all across the country so that you do not have to worry about your vehicle.

Cashless Claim Settlement

Under the policy, you can get cashless claim settlement at over 6500 garages. This means that you do not have to pay a single penny out of pocket for any services covered under the policy.

Future Generali Motor Insurance Comprehensive Policy: What is Not Covered?

Before you decide to purchase the Future General Motor Insurance Comprehensive Policy, you must be mindful of the exclusions. Here’s a list of services that are not covered under the policy:

Specific Damages

Under the policy, certain specific damages are not covered, like:

Damages due to an accident outside the country.
Damages due to participation in war, nuclear risk or mutiny.
Damages were done due to driving the vehicle in a state of intoxication.

Normal Wear and Tear

The insurance company does not offer coverage for damages to the vehicle resulting from normal wear and tear or old age.

Breach of Law

If any damage is caused to the vehicle, the driver, or a third party or person by a person driving the vehicle without a valid driver's license, then the insurance company does not offer any of its coverages.

Pros & Cons Comprehensive Policy Future Generali Motor Insurance

The roadside assistance feature of the plan never let the insured to stay stranded in the middle of the road with its 24x7 service

The plan also allows simplified process to offer personalized service along with quick claim settlement options

The best part about a comprehensive plan is that it covers the own damages of your vehicle as well as third-party liabilities

These plans come with the feature of personal accident coverage of up to 15 lakhs

The comprehensive plan allows the insured to avail the benefits of add-on covers or riders which can be availed by paying a nominal amount

The comprehensive plan also covers additional legal liabilities of the insured

When it comes to the exclusions of the policy, it excludes coverage on regular wear and tear of the vehicle, both in case of car and bike

If the damage/injury to a vehicle/person is caused because the driver/rider was under the influence of drugs, alcohol or any other such substances, the plan doesn’t cover them

Any damage or loss caused to the vehicle due to nuclear risk, war or war like situation are also not covered under the plan

If the driver causing the accident and the damage was driving without a valid license, cover is excluded from the plan

Accidents or damages caused outside the geographical purview are also excluded from this plan for both cars and two-wheelers

Our verdict

Purchasing a policy like Future Generali Motor Insurance Comprehensive Policy is a step you take today to build protection against financial and legal liabilities that might arise in future. In addition to offering comprehensive coverage, the policy also provides benefits such as affordable and flexible premiums, hassle-free approval and claim settlement, among others.

If you haven’t already purchased motor insurance or your motor insurance has lapsed, then head straight to the Paybima portal for a seamless experience.

Speak to an Advisor

Future Generali Motor
Insurance Company

Future Generali was incorporated in 2006 as a joint venture between Future Group and Generali group both are which are game-changers in the retail and insurance business respectively. The company has been serving its customers by leveraging upon the global expertise of its holding companies, Future and Generali Group. Future Generali India is among the largest private sector insurance companies providing commercial, retail, rural and personal insurance solutions to both corporate and individuals to help them manage the risk of financial loss. It offers a wide variety of insurance solutions which includes car insurance, two-wheeler insurance, health insurance, travel insurance Home Insurance, Lifestyle insurance, commercial insurance and social & rural insurance.

Founded in

2006

Number of Claims

65 Lakh+

Turnover (GWP)

1758 Crore+

JV Partners

Generali Group and Future Group

Claims Experience

Claims Experience Rating 4.7

Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?

95.4%

Network Garages

6,500+

Benefits of Comprehensive Policy Future Generali Motor Insurance

Key Benefits
No Claim Bonus (NCB) Benefits	Up to 50% discount on NCB

Transfer of No Claim Bonus (NCB)	Ensure the NCB benefit does not lapse
Discounts
Voluntary Excess Discount	Available
Membership
Automobile Association Membership	Additional concession available
Other Benefits
Anti-theft devices	Available

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Ask Anything as We Have Answers to Everything in Insurance

You can get your repairs done in a cashless mode at any of the network garages offered by the insurer. You may also seek to avail cashless maintenance of your vehicle at any of the best network garages listed by the insurer. The network garages allow you to enjoy simple and hassle-free claim settlement procedures.

Future Generali has a large network of over 4000+ repair centres or cashless network garages across India who are authorized and listed cashless garages of the insurer

Yes, they can. In fact, it is compulsory to safeguard the vehicle owner with a personal accident plan along with the vehicle insurance plan by paying a nominal premium amount.

No Claim Bonus is a gift offered to the Insured person and not to the vehicle that is insured. So, while selling a vehicle, you can transfer the insurance policy to the new owner but cannot transfer the No Claim Bonus.

It is necessary to intimate the insurer about an incident or accident that has taken place immediately so that they can evaluate the extent of damage incurred and the repairs required as per the car insurance cover.

Yes, you can get a passenger cover under the policy by opting for a rider on your existing plan. Remember that the rider offers coverage up to ₹2 lakhs against personal accidents.

If you have noticed that the insurance company offers different premiums to different policyholders, then this is primarily influenced by factors such as the vehicle type, age, model, the driver's history, coverage, and riders.

Yes, purchasing motor insurance is mandatory under the Motor Vehicles Act 1988. The Act mandates that every vehicle owner have at least third-party liability motor insurance.