Future Generali Motor Insurance Company

Established in 2006, Future Generali India is a prominent joint venture between Future Group and Generali Group, leaders in retail and insurance respectively. It offers diverse insurance solutions including car, health, travel, home, lifestyle, commercial, and social & rural insurance, leveraging global expertise to manage financial risks for individuals and corporations effectively.

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Highlights of Future Generali Motor Insurance Company

Claim settlement ratio 95.4%
NCB* Available, starts at 20%, up to 50% (maximum)
Network Garage 6500+
Road Side Assistance Available
Top Motor Insurance Plans by Future Generali

Compare Top Motor Plans from Future Generali Motor Insurance Company

Future Generali Third- Party Vehicle Insurance
Future Generali Comprehensive Vehicle Insurance
Future Generali Own- Damage Insurance
Features
Own damage
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Third-Party property damage
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Third-party bodily damage
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Add-On Coverage
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Personal Accident Coverage
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Anti-theft device discount
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Car theft
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Features
Own damage
Third-Party property damage
Third-party bodily damage
Add-On Coverage
Personal Accident Coverage
Anti-theft device discount
Car theft

Awards and accolades won by [variable]

In its journey to become one of the largest insurance providers, Bajaj Allianz has won numerous awards. Some of the most recent ones include the following –

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The company received the award for Best Insurer in India 2020 bestowed by the IDC Financial Insights Innovation Awards

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Best Customer Experience and Best Brand Experience 2020 by CX Asia Excellence Awards

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Bajaj Allianz won the Gold Award in the Outlook Money Awards 2020

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In the third edition of the India Insurance Summit & Awards, Bajaj Allianz was recognized as the General Insurance Company of the Year 2020

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The IDC Financial Insights Asia Pacific also listed the company among the companies ranked as the Best Insurer in the Asia Pacific region.

Key Highlights of Future Generali Motor Insurance Company

Features

Meaning

Hassle-free claim process

Online or offline claim available

Network Garage

6500+ across India

Roadside assistance

Available 24/7

Towing assistance (for accidents)

Get towing assistance in case of an accident, no matter the location.

Features of Future Generali Motor Insurance plans

Features

Meaning

Third-party liability

Third-party liability means all the legal claims of a third party in the event of an accident that causes damage to any third party in the form of death, physical injury or property damage.

Natural Disasters

Future Generali Motor Insurance covers damages arising from natural disasters such as floods, landslides, etc and man-made disasters such as strikes, riots, etc.

Man-made disasters

If your vehicle is damaged due to riots, strikes, fire or any other man-made disaster, the repair costs would be covered under the plan.

Theft

Don’t worry if your vehicle is stolen or lost, Future Generali Motor Insurance would indemnify you against such loss. The company will pay a lump sum amount to buy a new vehicle in case of left.

In transit loss

Losses suffered in transporting your vehicle from one place to another are covered.

Personal accident cover

Personal accident covers paying a lump sum amount of upto 15 lakhs for permanent total disablement or accidental death suffered due to an accident by the owner or driver of the vehicle.

Exclusions in Future Generali Motor Insurance Plans

Future Generali Motor Insurance offers comprehensive coverage. However, there are certain events which are excluded from the coverage of the Future Generali Motor Insurance policy and are referred to as common exclusions. Some of the common exclusions are as follows:

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Normal wear and tear and general ageing of the vehicle.

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Driving the vehicle without a valid driving licence.

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An accident that has taken place outside the geographical area of India.

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Damage or loss caused due to mutiny, war or nuclear risk.

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Consequential losses that are not a direct result of an accident.

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Damage arising due to driving the vehicle under the influence of drugs or alcohol.

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Mechanical or electrical breakdowns.

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Using the vehicle for a hazardous activity or other criminal acts.

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Damages or losses suffered when the policies in a lapsed state.

Motor insurance plans offered by Future Generali

Future Generali India offers both car insurance and bike insurance plans. You can buy comprehensive motor insurance from Future Generali to look after you and your vehicle in a time of crisis and get the financial support that you may need. Future Generali motor insurance plans are tailored according to the insurance requirements of individuals.

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Future Generali Car insurance

Future Generali car insurance offers comprehensive coverage with additional benefits to ensure that you get 360-degree coverage in case of any contingency. Future Generali car insurance protects against accidents, damages, mishaps and much more. The company offer three types of Future Generali car insurance policy to suit various insurance needs of its customers. It also offers a range of add-ons to enhance your motor insurance policy's scope per your requirements. 

Types of car insurance plans offered by Future Generali are as follows:

Type of Insurance Features
Standalone Third-party Car Insurance Plan Standalone third-party car insurance policy provides coverage from all the losses and damages arising to the third party due to an accident. It covers injury or damages caused to third-party bodies or property due to an accident in which your car was involved. Also, third-party liability cover is mandatory under Motor Vehicles Act, 1988.
Standalone Own Damage Car Insurance Plan
Standalone Own Damage car insurance covers any damage caused to your vehicle on account of an accident or theft. It covers the cost of the repair of your car. You can buy a standalone own-damage car insurance policy if you already have a valid third-party liability insurance plan.
Comprehensive Car Insurance plan
Comprehensive car insurance plan as its name suggests offers comprehensive coverage which includes third-party liability, own damages and theft, all in one plan.

 

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Future Generali Bike Insurance

Future Generali bike insurance covers your bike for damages and you from financial losses. Future Generali bike insurance offers comprehensive coverage based on individual requirements. You can also customise your bike insurance policy with add-ons by paying an extra premium. Future Generali bike insurance covers loss or injury of the passenger/driver or damages caused to your vehicle due to accident, natural disaster or theft.

The company offers the following two-wheeler insurance policy:

Type of Insurance
Features
Standalone Third-Party Two-wheeler Insurance plan
Third-party liability compensates for damages against bodily injury, property or death to a third party. It is a basic plan and is mandatory as per Motor Vehicles Act. Only third-party two-wheeler insurance offers limited coverage of third-party damages and does not cover damages to the insured vehicle.
Standalone Own Damage Two-wheeler Insurance plan
Standalone own damages bike insurance provides protection to the insured bike against all the losses or damages incurred due to an accident or mishap. It also covers losses arising due to the theft of your bike. Standalone own damages two-wheeler does not cover third party liability and can be brought only if you already have a valid insurance plan which covers third party liabilities.
Comprehensive Two-wheeler Insurance plan
Comprehensive two-wheeler insurance plan provides coverage for both third-party liability and own damages. It is a comprehensive policy that provides all-round protection.

 

Eligibility conditions

Age Criteria

Individuals must be 18 years and above

Citizenship

The individual must be an Indian citizen

Vehicle

He/she must possess a vehicle registered in his/her name

Vehicle Registration

The individual must possess an RC or registration certificate

Identification Document

He/she must have a valid DL or driving license

Mandatory Document

The vehicle must have a pollution under control (PUC) certificate

How to buy Future Generali Motor Insurance Plan?

Go to the official portal of Future Generali Insurance. Go to "Products" and select "Motor Insurance". Get a quote from your select plan and answer a few questions about the policy seeker and submit.

Or visit the Paybima portal and select Motor Insurance from the options available.

1

Visit the Paybima homepage and click on the ‘Motor Insurance’ tab in the dropdown menu.

2

Fill in your required details and request a callback.

3

A Paybima representative will help you buy the most suitable plan.

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You may also reach us at 1800 267 67 67 from 10 AM to 7 PM, or

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You can visit a Paybima branch near you.

The process of renewing Future Generali Motor Insurance Policy

What is the Process for Filing a Claim for Future Generali Motor Insurance Plan?

Future Generali provides a swift, short and hassle-free claim settlement. You can file a claim with Future Generali Motor Insurance through the Paybima website by filling the future generali motor claim form. The steps are as follows:

1
Inform Future Generali

Begin by intimating the insurance company about your claim. You can call on the toll-free number and your policy number and your vehicle registration number to initiate a claim.

2
Locate the nearest workshop

You can get a cashless settlement of your claim if you repair your vehicle in a workshop with which the company has a tie-up. Future Generali has tie-up with 2500+ workshops across India. You can take your vehicle to the nearest network garage which you can locate on the company’s official website.

3
Damage Assessment

Future Generali India would send a surveyor to assess the extent of damage of the vehicle to initiate your claim. The surveyor would inspect your vehicle and submit a report to the company. The network garage would begin repairing after receiving a confirmation from the insurance company.

4
Claim Form

Next, you will have to fill up a claim form with your insurance policy number, and personal and vehicle details. You can download the claim form from the website of Future Generali or get it from the nearest branch office of the company. Then submit the claim form with other relevant documents.

5
Claim settlement

Once all the documents along with the claim form have been submitted, the company would approve your claim. Upon successful approval, you can collect your vehicle from the network garage and the insurance company will directly pay to the garage and settle your claim.

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Claim Reimbursement

You can also avail reimbursement claim facility if you want to get your car repaired at a non-networked garage or if your cashless claim gets rejected. For reimbursement of claims, get your vehicle repaired and pay all the repair bills and then submit a claim form to the insurance company along with the original repair bills. Future Generali would verify your claim and credit the amount in your bank account.

Certain Documents are Required to be Submitted for the Successful Settlement of the Claim: 

  • Valid Driving Licence of the person driving the vehicle
  • Registration document of vehicle
  • Original policy documents
  • Bank account details for reimbursement claims
  • Original repairs bills
  • Police FIR and Inspection officer report in case of theft or robbery of vehicle

Guaranteed Claim Support

When you buy or renew a motor insurance plan from us, we guide at every step till your claim is settled.

Start your claim process with us to get our support

Review of Future Generali Motor Insurance Company

Future Generali India General Insurance is well known for its hassle-free and quick claim settlement process and excellent customer service. Some highlights of motor insurance plans offered by Future Generali are:

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The company has tied up with 2500 + network garages across India with assistance for accidents to help you avail cashless claims.

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The company offers future Xpress and future Xpress+ processes with more personalised service and speedy claim settlement.

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Future generally provides roadside assistance at your service 24×7.

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The company offers various add-on covers with motor insurance plans to help you customise your insurance policy as per insurance requirements. Everything right from zero depreciation cover to inconvenience allowances and legal liabilities add-on cover is available to suit the customers' individual requirements.

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If you have any questions on how to choose the best insurance plan, you can connect with our IRDAI certified insurance advisors.

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