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Overview

Future Generali Life Insurance: Overview

Future Generali Life Insurance is one of the most reputed insurance providers in India, offering a plethora of innovative insurance solutions. Future Generali India Life Insurance is part of a global insurance group recognized among the top 50 largest companies in the world. Future Generali Life Insurance is an association between industry titans "Future Group" and "Generali Group," who are coveted game-changers in the retail and insurance business, respectively. Future Generali Life Insurance was incorporated in 2007 with the vision of providing "retail, commercial, personal, and rural insurance solutions to individuals and corporates to help them manage and mitigate risks." The company operates pan-India with over 100+ branches, serving more than 3,000+ corporate clients and selling 3.2 million policies across the country. With an impeccable claim settlement ability of over 2.6 lakh+ claims settled every year, Future Generali Life Insurance is among the best insurance providers in the country. All products offered by this company are easy to understand and offer clients the best advice when needed.

Future Generali Life Insurance ensures to look after your insurance needs by offering:

  • Hassle-free claim procedure
  • 24X7 connectivity with clients
  • A wide range of plans
  • Secure and authentic
COMPANY DETAILS ✎ Edit

Future Generali Life

✎ Edit

Hdfc Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 2510.85 crore

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Payout Options

99.78%%

Payout Options

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

1.70

Solvency Ratio

80 years
Pan India Presence

Pan India Presence

100+

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

Accidental Death Benefit Rider, Total Permanent Disability Protection Rider, Critical Illness Benefit Rider

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

5 to 30 years

Policy Term

5 to 12 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
IRDAI registration number

IRDAI registration number

-

IRDAI registration number

-
Awards and recognitions

Awards and recognitions

-

Awards and recognitions

-

Riders

Riders You Can Avail With Future Generali Life Insurance Plans

Name of the riderBenefits
Future Generali Accidental Death Benefit RiderFuture Generali Accidental Death Benefit Rider is an optional rider that you can select with your Future Generali term plan. It provides an additional rider sum assured payout in case of accidental death.
Future Generali Accidental Total Permanent Disability Protection RiderFuture Generali Accidental Total Permanent Disability Rider can be attached to your Future Generali term plan. The rider offers benefits in case of permanent disability due to an accident.
Future Generali Critical Illness Benefit RiderFuture Generali critical illness rider offers an additional payout in case of diagnosis of any of the listed critical illnesses in the Future Generali term insurance policy.
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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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