About Future Generali Health Insurance
Future Generali General Insurance Company is one of the major general insurance companies in India. It was established in the year 2007. It is a joint venture between Future Group, a leading retailer of India, and the Generali Group, a global insurance group. The company has more than 125 branches in India. Future Generali carries links with commercial banks including Bank of Maharashtra, UCO Bank, Laxmi Vilas Bank, and Nainital Bank.
Coming to Future Generali Health Insurance, the company offers a wide range of health insurance plans at affordable prices that can easily deal with different needs of customers.
Highlights of Future Generali Health Insurance
| Renewability | Lifetime |
| Network hospitals | 5100+ (Cashless hospitalization) |
| Claim settlement ratio | 69% |
| Locations all over India | 125+ |
| Waiting period for pre-existing disease | 4 years |
Table Data updated on 27-03-2020
What Are The Different Types of Future Generali Health Insurance Plans?
1. Future Generali Mediclaim Insurance Plan
Future Generali Mediclaim Insurance is a comprehensive health insurance plan that comes out in three different variants called Vital, Superior and Premiere. All plans are available with individual and floater options along with lifelong renewal facilities. The only difference among three variants are the various sum insured options which allows the policyholder to invest in the same as per his/her budget.
Key Features
- Comprehensive Cover: To assist the insured with comprehensive benefits, the plan offers coverage against all hospitalization expenses associated with the treatment, pre-hospitalization medical expenses, daycare treatment expenses, post-hospitalization medical expenses, domiciliary hospitalization expenses and organ donor expenses among others.
- Restored Sum Insured: If the sum insured along with the cumulative bonus (if any) is exhausted because of payable claims, restore sum insured (equal to 100% of the Sum Insured) facility will be automatically available to the policyholder for the chosen policy year.
- Maternity Benefit: Unlike other basic health insurance plans, it offers coverage against maternity expenses. The only condition- the policyholder will be liable to avail the same only after the waiting period of two years.
- Family Discount: Along with other features and benefits, the plan will provide a family discount of 10% in cases where more than one person is covered under the same plan.
Eligibility
| Entry age | 18 years to no limits ( children up to 25 years of age are covered. |
| Policy tenure | 1 to 3 years |
| Tax benefits | Applicable under section 80 D of Income Tax Act |
| Sum insured | 3 lakh to 1 crore |
Table Data updated on 27-03-2020
2. Future Generali Personal Accident Plan
Future Generali Personal Accident Plan offers coverage to the policyholder against personal accident until the individual returns to his/her routine life. There are 3 classes of the plan which are mentioned below.
- Class I: It covers accountants, lawyers, teachers, consulting engineers, architects, doctors, bankers, persons who are associated with administrative functions and persons who are associated with occupations of similar hazards.
- Class II: Builders, sales executives, contractors, and engineers associated with superintending functions only, people who are associated with manual labor (except those falling under group iii) cash-carrying employees, veterinary doctors, garage and motor mechanics, machine operators, paid drivers of motor cars and light motor vehicles, drivers of trucks or lorries and other heavy vehicles and many more.
- Class III: Persons who are working in underground mines, explosives, workers associated with electrical installation, jockeys, persons associated with racing on wheels, hand gliding, or horseback, ballooning, skiing, circus personnel, big game hunting, winter sports, mountaineering, ice hockey, river rafting, polo and persons among others.
Features & Benefits
- Tax Benefits: Premium paid through any mode other than cash is eligible for tax relief under Section 80D of the Income Tax Act, 1961.
- Accident Cover: It covers the policyholder in case of permanent total disability, permanent partial disability, temporary total disability and death arising due to an accident including disappearance and drowning.
- Repatriation Benefit and Funeral Expenses: An amount up to a maximum of 1% of the accidental death sum insured would be reimbursed for the repatriation of the policyholder's remains.
Eligibility
| Entry age | Adults-18 years to 70 years with renewability up to 70 years.
Children-3 years to 25 years can be covered as dependents |
| Worldwide cover | Your family get a worldwide cover, 24/7 |
| Portability | Yes |
| Policy term | 1 to 3 years |
| Sum insured | Based on the monthly income |
Table Data updated on 27-03-2020
3. Future Generali Mosquito Insurance/ Future Vector Care Plan
Future Vector Care Health Insurance is an effective health insurance plan that provides a lump sum benefit in the case where the policyholder is diagnosed and hospitalized because of serious diseases which are caused by vectors like Malaria, Dengue, Lymphatic Filariasis, Kala-azar, Japanese Encephalitis, Chikungunya and Zika Virus.
Features & Benefits:
- Wide Options: Different sum insured options are available such Rs.10,000, Rs. 25,000, Rs. 50,000 and Rs. 75,000.
- Cover For All: Offers cover to an individual, spouse, children who are up to 25 years of age and unmarried (3 dependent children) and 2 dependent parents.
- Medical Examination: There is no need for a pre-acceptance medical examination test.
- Hospitalisation Cover: A lump-sum payment of 100% will be made if the policyholder gets hospitalized.
- Tax Benefit: Premium amount paid by any mode (other than cash) for the Future Vector Care Health Insurance is eligible for tax relief as provided under Section 80D of the Income Tax Act.
Eligibility
| Entry age | Minimum-1 days
Maximum- 65 years |
| Additional covers | Long-term discount up to 7.5% |
| Renewability | Lifelong |
| Policy term | 1 to 3 years |
| Sum insured | Rs. 10,000 to 75,000 |
Table Data updated on 27-03-2020
4. Future Generali Hospital Cash Plan
Future Generali Hospital Cash Insurance Plan is a form of health insurance plan that provides a financial cover to deal with medical care bills during hospitalization.
There are four subcategories of the Future Generali Hospital Cash Insurance Plan as follows:
- Plan A and Plan B – There is no income criteria for the policy seeker.
- Plan C – Criteria of monthly income above Rs. 50,000 for the policy seeker.
- Plan D - Criteria of monthly income above Rs. 75,000 for the policy seeker.
- ICU Benefit: The ICU benefit is available for a maximum period of 10 days per hospitalization and a maximum of 20 days during the policy period.
- Convalescence Benefit: There is an additional convalescence benefit of Rs. 5000 if the hospitalization extends for more than 10 days which is also payable to the policyholder or his/her family member, once per hospitalization.
- Existing Mediclaim Cover: The insured person does not need to have an existing health insurance policy to invest under this plan.
Eligibility
| Age at Entry | Adults-18 years to 65 years with renewability up to 70 years.
Children-6 years to 25 years can be covered as dependents. |
| Grace period | 30 Days |
| Portability | Yes |
| Free look period | 15 Days |
Table Data updated on 27-03-2020
5. Future Generali Critical Illness Insurance Plan
Future Generali Critical Illness Insurance is a health protection plan against critical illnesses that are not easily curable and one suffering from these diseases has to deal with huge expenses to get adequate treatment.
The twelve critical illnesses that are covered under the Future Generali Critical Illness Insurance plan are as follows:
- Cancer (of specified severity)
- First heart attack (of specified severity)
- Coma (of specified severity)
- Total blindness
- Major Organ/bone marrow transplantation
- Kidney failure requiring regular dialysis
- Primary pulmonary hypertension
- Liver failure
- Multiple sclerosis
- Open chest CABG (coronary artery bypass graft)
- Surgery to aorta
- Stroke leading to permanent symptoms
Features & Benefits
- No Medical Test: Policyholder up to 45 years of age does not require any medical test to avail benefit of this policy.
- Wider Cover: The policyholder can choose to cover him or herself along with his or her family members, that is, the spouse and two dependent children under the plan.
- Lump-sum Benefit: In the event of diagnosis for any of the critical illnesses mentioned below, the Critical Care policy will pay a lump sum benefit. This is subject to a waiting period of 90 days from the date of policy commencement and the insured's survival for 28 days from the date of diagnosis.
Eligibility
| Entry age | Adults-18 years to 65 years
Children-6 years to 25 years |
| Benefits | 12 Illnesses Covered With Tax Benefits |
| Sum insured | 1 Lakh to 50 lakh |
| Policy term | 1 year |
| Grace period | 30 days |
Table Data updated on 27-03-2020
6. Future Generali Surakshit Loan Bima Insurance Plan
Future Generali Surakshit Loan Bima is a policy that is specifically designed for the loan borrowers of banks and financial institutions. It offers comprehensive protection to you and your family against the difficulties that you face at the repayment time of your loan in case of any eventualities.
Features & Benefits
- Multiple Options: The Future Generali Surakshit Loan Bima Insurance Policy provides 5 plan options- Plan A, Plan B, Plan C, Plan D, Plan E with or without the "Loss of Job" cover option.
- Personal Accident Cover: This plan also offers Accidental Death and Permanent Total Disability cover to the policyholder.
- Critical Illness: Critical illness cover is also there for the policyholder under the Future Generali Surakshit Loan Bima Insurance.
- Discounts: A discount of 10% will be applicable in case the insured does not opt for "loss of job benefit" under the Future Generali Surakshit Loan Bima Insurance.
Eligibility
| Entry age | Adults-18 years to 65 years
Children-3 years to 25 years |
| Medical Test | Above the age of 50 years, a medical test is compulsory |
| Sum Insured | 3 Lakh |
| Renewal | Up to 70 years |
| Policy Coverage Options | Individual basis, covering up to a maximum of 4 applicants |
Table Data updated on 27-03-2020
7. Future Generali Top Up Health Insurance Plan
Future Generali Top Up Health Insurance is the supplementary plan for the existing health insurance policy. It provides the additional cover once your basic policy limit is exhausted. It is available on the individual and family Floater Basis.
Features & Benefits
- Medical Test: Medical examination tests are not required up to 55 years. After that, the company can ask for it.
- Reimbursement: It also offers a 50% reimbursement of the test charges if the policy seeker or his/her family members are insured with any Future Generali Insurance plan.
- Inpatient Treatment: Various inpatient expenses like medicines & drugs, diagnostic materials, and x-ray, operation theatre charges, consultants, specialists fees, etc are also covered under the Future Generali Top Up Health Insurance plan.
Eligibility
| Entry age | Adults-18 years to 65 years
Children-3 years to 25 years |
| Benefits | Floater discount |
| Sum insured | 3 Lakh to 5 lakh |
| Policy term | 1 year |
| Grace period | 30 days |
Table Data updated on 27-03-2020
8. Future Advantage Top-Up Health Insurance Plan
Future Advantage Top-up Health Insurance is a deductible health insurance plan with a high sum insured option that offers extra coverage at a low premium to the policyholder. The premium amount for the plan is low as compared to other traditional health insurance plans.
There are 2 types of Future Advantage Top Up health plans:
Supreme Plan: It includes cover for all ailments including heart-related conditions and cancer.
Elite Plan: It includes cover for cancer and ailment related to heart only.
Features & Benefits
- Additional Cover: The plan is a supplement to boost the power of your existing insurance policy for a higher sum insured over and above the deductible limit. This is available for both - individual and family floater basis.
- Cumulative Bonus: The policyholder will receive a 10% cumulative bonus for every claim-free year. This bonus is subject to a maximum of 50% of the base sum insured.
- Inpatient Treatment: Inpatient expenses of the policyholder such as room rent, ICU charges, and nursing expenses for a minimum period of 24 hours is also covered.
Eligibility
| Entry age | 1 day - no limits |
| Discounts | Long-term discount up to 10% |
| Renewability | Lifelong |
| Policy term | 1 to 3 years |
| Sum Insured | Rs. 5 lakhs to 1 crore |
Table Data updated on 27-03-2020
9. Future Health Suraksha Plan
Future Health Suraksha Plan is a comprehensive health insurance product that will be there to protect you and your family in the hour of need. The plan comes out with various benefits to deal with multiple needs of the policyholder.
Health Suraksha Insurance Policy offers 4 different plans-
- Gold Plan- Under this plan, emergency ambulance cover is offered up to Rs. 2,000 per hospitalization.
- Platinum Plan- Under this plan, emergency ambulance cover is offered up to Rs. 2,000 per hospitalization. The platinum plan offers the hospital cash allowance facility to the policyholder.
- Topaz Plan- Under this plan, emergency ambulance cover is offered up to Rs. 750 per hospitalization and Rs. 1500 per policy period.
- Ruby Plan- Under this plan, emergency ambulance cover is offered up to Rs. 750 per hospitalization and Rs. 1500 per policy.
Features & Benefits
- Comprehensive Cover: Under the Future Health Suraksha Plan, the policyholder will get cover against hospitalization medical expenses, pre-hospitalization medical expenses, and post-hospitalization medical expenses, daycare treatment expenses, organ donor expenses, etc.
- Recharge Benefit: If the sum insured of the insurance policy and the cumulative bonus is exhausted due to payable claims, a restore sum insured which is equal to the 100% sum insured will be automatically available for the policyholder. Please check the terms and conditions of your policy for the same.
- Loyalty Discount: The plan will pay a 2.5% loyalty discount if the customers have a separate Retail Health Insurance Policy (other than Future Health Suraksha/ Personal Accident/ Travel) from Future Generali General Insurance Co. Ltd. It will also offer a long-term discount of up to 10% applicable in case of upfront premium payment for the long term policy.
Eligibility
| Entry age | 90 days to 70 years |
| Sum insured | 50 thousand to 10 lakhs |
| Plan type | Individual & family floater |
| Free-look period | 15 days |
Table Data updated on 27-03-2020
10. Future Generali Aarogya Bima Insurance Plan
Future Generali Aarogya Bima Insurance is specially designed to cover your whole family at an affordable price. This plan offers cover from day 1 to 70 years of age.
Features & Benefits
- Discounts: The plan will provide discounts on covering more than 2 family members under the same plan. And if the policyholder stays invested for a long duration, he/she will be liable to receive a discount of 10%.
- Premium Payment: Premium payment can be done in instalments on a monthly, quarterly or half-yearly basis.
- Co-payment: Co-payment is available for every claim on acceptable hospital bills and receipts except pre and post-hospitalization charges.
- Loading Charges: No loading charges will apply to the premium amount in case of unfavourable claims raised.
Eligibility
| Entry age | Adults-18 years to 70 years
Children-1 years to 25 years |
| Medical test | Above the age of 50 years, a medical test is compulsory |
| Sum insured | Rs. 2, 3, 5 Lakhs |
| Renewal | Lifetime |
| Policy coverage options | Individual or family floater basis including the whole family |
Table Data updated on 27-03-2020
11. Future Varishta Bima Health Insurance Plan
Future Varishta Bima is one of the best plans for old age people. It offers the needful health cover until the last stage of the policyholder's life. The policy is available on an individual and family floater basis.
Features & Benefits
- Inpatient: The policyholder enjoys inpatient treatment like coverage for room rent and nursing expenses under the plan.
- Comprehensive Cover: Daycare treatment expenses in which less than 24-hour hospitalization is required, pre-hospitalization medical expenses, post-hospitalization medical expenses, and road ambulance charges are also covered.
- Premium Payment: One can pay the premium amount easily with available options such as monthly, quarterly and half-yearly payment. Premium amount paid by any mode other than cash payment is liable to receive tax benefits under Section 80D of the Income Tax Act.
- Discounts: A long-term discount up to 10% applicable in case of upfront premium payment for a long term policy is offered to the policyholder.
Eligibility
| Entry age | Minimum-60 years
Maximum- No limits |
| Additional covers | Road Ambulance charges, Free Annual medical check-up |
| Renewability | Lifelong |
| Policy term | 1 to 3 years |
| Sum insured | Rs. 2 to 10 lakhs |
Table Data updated on 27-03-2020
How Can You Renew Your Future Generali Health Insurance Policy?
- Step 1: Visit the official website of the company.
- Step 2: Click on 'Renew', enter your policy number and phone number.
- Step 3: Check policy and premium related information and confirm the details.
- Step 4: You can easily make the payment via different payment modes.
Note: If you are a registered user, then you can directly renew by logging in to your account and pay online using a Credit Card, Debit Card or Net Banking.
How To Claim For Future Generali Health Insurance Policy?
Future Generali has an in-house claim settlement process team that processes the insurance claims within 30 working days from the time you submit all required documents.
There are 2 types of health insurance claims one can make with Future Generali Health Insurance:
Cashless Claim:
The policyholder can avail the cashless facility at any network hospital of the Future Generali Health Insurance.
- To avail of the cashless facility, the policyholder has to submit the duly filled & signed pre-authorization request form. Policyholders have to show their Future Generali Health Card at the helpdesk of the hospital to the TPA.
- The TPA will send the form to the insurance company. The team of the insurer will analyze the claim.
- After approval, the company will directly settle all the bills at the hospital.
- On rejection, one can pay all bills and later apply for reimbursement.
Reimbursement Claim:
You have to pay all the bills in the first place and within 15 to 30 days of discharge from the hospital, you have to submit all the required documents such as medical bills, prescriptions along with the claim form to the TPA/Company to file a claim under the reimbursement process. Claims will be approved if everything falls under the terms and conditions of the policy.
