Future Generali is a well-known brand in the general insurance industry. The company was established in September 2007. It is a joint venture between the Future Group of India and Italy based Generali Group. The partnership between these 2 groups continues to prosper in the life insurance business as well. Due to its retail network, the company has access to a large number of customers. It offers a wide range of insurance solutions ranging from retail, commercial, personal, and rural insurance to individuals corporate. Under personal insurance solutions, the company offers comprehensive two-wheeler insurance. It allows the customers to avail package cover including third-party liability.
Incurred Claims ratio
Table Data updated on 05-11-2020
Future Generali India Insurance Company has come out with a wide range of helpful benefits. Below is a list of such benefits for your perusal.
Instant Issuance: With the online process, the company allow you to insure your two-wheeler within a few minutes.
Personal Accident Cover: The company offers a personal accident cover of Rs.15 lakhs to the owner of the two-wheeler. He/she can also opt for a personal accident cover for passengers up to a maximum amount of Rs.2 lakhs per person.
Convenience of Buying a Long Term Policy: The company allows you to insure your two-wheeler for a longer tenure.
24*7 Assistance: To assist you in the hour of need, the company provides 24*7 customer assistance. No need to look at the watch before connecting with the team.
Personalized Services: The company offers unique personalized services called Future Express & Future Xpress+ claim process. It assists you with a smooth and speedy claim settlement service.
Towing Service: The company offers towing assistance (within city limits only) for accidents.
Automated Renewal Reminder Service: To assist you with the timely renewal of your policy, the company makes sure to inform you about the same in advance with an automated renewal reminder service.
To provide more ease to its customers, the company provides several discounts that are mentioned below.
1. No Claim Bonus: If you have not made any claim during the policy tenure, the company will provide a no claim bonus (up to 50%) at the time of renewal. But it is applicable only when you renew your policy on time or within 90 days of the expiry date.
2. Transfer of NCB: The company allows you to transfer full benefits of No Claim Bonus on porting your two-wheeler insurance policy to another insurance company.
3 .Voluntary Excess Discount: You can opt for Voluntary Excess over and above the Compulsory Excess. This is an amount which you promise to pay in case a claim arises. Under the same, you will be liable to receive a discount that depends upon the chosen amount.
4. Automobile Association Membership: If you are a member of a recognized Automobile Association in India, you will get a discount of 5% (maximum Rs.200).
5. Anti-theft Devices: If your two-wheeler is fitted with ARAI approved anti-theft devices, you can grab decent discounts for the same.
The company allows you to enhance the basic cover by buying add-on covers at an additional premium. The list of such add-on covers is mentioned below.
There are a few factors that you should keep in mind while calculating Future Generali two-wheeler insurance premium. Below is a list of such factors for your reference
Bajaj CT 100
Suzuki Access SE 125
Bajaj Platina 110
Table Data updated on 05-11-2020
*The values are calculated on the basis of the city (Jaipur) and year of registration (2020).
Future Generali India Insurance has made it easier to file a claim through its website. The company has divided the claim process into two formats- cashless and reimbursement. The process to file a claim with both formats is mentioned below.
Step 1: Initiate the claim through the official website or call on 1800 220 233 or SMS 'MOTORCLAIM' to 9222211100.
Step 2: The company will appoint a surveyor to inspect your two-wheeler.
Step 3: Submit the requested documents to the surveyor.
Step 4: The information about the approved claim amount will be shared with the network garage.
Step 5: The insurance company will make the payment directly to the network garage.
Step 1: Register the claim by visiting the official website of the company or call on 1800 220 233 or SMS 'MOTORCLAIM' to 9222211100.
Step 2: The surveyor (appointed by the company) will inspect your two-wheeler.
Step 3: Provide the required documents to the surveyor.
Step 4: Make the payment to the garage for your two-wheeler repair and submit the bills of the same to the surveyor or at the nearest branch.
Step 5: On approval, the insurance company will make the payment within 7 days from the date of submission.
For a successful claim process, you need to submit the below-mentioned documents-
Contact details: 1800 220 233 I 1860 500 3333 I 022 67837800
Email address: firstname.lastname@example.org
Address: Future Generali India Insurance Co Ltd.,
Indiabulls Finance Centre,
6th Floor, Tower 3, Senapati Bapat Marg,
Elphinstone Road, Prabhadevi (W),
Mumbai - 400 013.
Contact number: 1800-4200-269/1800-4203-180
Email id: email@example.com
Registered Address: PolicyX.Com Insurance Web Aggregator Private Limited
1st Floor, Landmark Tower, Plot no-2, Southcity-1, Opposite C-113, Ashok Marg, Sector-41, Gurugram - Haryana - 122001 India.
Yes, you can insure the paid driver (Legal Liability to Employees) under provisions of Workmen's Compensation Act. For the same, you have to pay an additional premium amount.
Yes, you have to pay a minimum amount towards your own damage claims which are known as the deductible. You are free to choose the desired deductible amount.
Yes, you can do the same. You can register a new two-wheeler in the existing plan by replacing the old one.
Yes, there is no need for inspection if you buy two wheeler insurance online.
For every claim-free year, you can receive a no claim bonus of 20-50% at the time of renewal. This is a cumulative bonus that adds up for every successive year without claims.
The following events are not covered:
Last updated on 05-11-2020