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Future Generali Care Plus
Future Generali Care Plus Plan is an affordable term plan offering high coverage, flexible terms, and tax benefits. The plan is extremely affordable a...
Unique Features
- Death Benefit
- Two Plan Options
- Accidental Rider
Future Generali Term Insurance
Future Generali Term Insurance
Future Generali India Life Insurance Company has a presence in over 1300 locations in India, offering insurance ...Read More
99.78%
Claim settlement ratio
Rs 2510.85 crores
Annual Premium
1
Active plans
1.7x
Solvency ratio
🛡️ IRDAI Approved
⭐ 4.6/5 · 926 reviews
✅ 99.78% claim settlement ratio
📊 1.7x solvency ratio
🌐 100+ pan-India
What you get with Future Generali Term Insurance
The headline features and policy mechanics, at a glance.
Annual Premium Rs 2510.85 crores
Affordable premium options starting from entry-level to comprehensive whole-life protection.
99.78% claim settlement ratio
Industry-leading approval rate on eligible term insurance claims in the most recent fiscal year.
1.7x solvency ratio
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
1 active term plans
Choose from level cover, increasing cover, and return-of-premium variants.
3+ optional riders
Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.
100+ pan-India presence
Branch offices and claim service centres across India for easy policy servicing.
Future Generali Term Insurance: Overview
Future Generali Life Insurance is a joint venture between Future Group and Generali Group, offering term insurance plans designed to provide financial security and high life cover. With over 3 million policies sold and strong claim support, it is a well-established insurer in India.
The company was incorporated in September 2007 to provide retail, commercial, personal, and rural insurance solutions to individuals and corporations to help them manage and mitigate risks. Future Generali also offers health insurance for pets, in addition to covering family members.
Future Generali offers a variety of term insurance plans that protect your loved ones. The company has total assets under management of ₹5,300 crores, over 3 million policies sold across India, and over 2.6 lakh claims settled annually.
Future Generali offers 5 online term insurance plans: Care Plus, Saral Jeevan Bima, Express Term Life, Flexi Online Term, and Jan Suraksha. Each plan has unique benefits and features designed to serve different objectives.
Key Benefits:
- Stay protected against 34 critical illnesses
- Tax benefits under Section 80C or 10(10D)
- Avail high sum assured discount
- Get life cover at affordable premiums
- Special premium rates for women
- Increasing Income Protection
- Monthly income benefit
Video reviews
Secure Your Future with Future Generali Term Insurance Plans!
Types of Future Generali Term Insurance Plans
Every plan currently being sold by Future Generali Term Insurance, shown side-by-side so you can shortlist quickly.
Riders You Can Avail With Future Generali Term Insurance Plans
Enhance your term plan with optional add-on riders for broader protection.
Future Generali Accidental Death Benefit Rider
This optional rider provides an additional sum assured payout in case of accidental death.
Future Generali Accidental Total Permanent Disability Protection Rider
This rider offers benefits in case of permanent disability due to an accident.
Future Generali Critical Illness Benefit Rider
This rider offers an additional payout upon diagnosis of any of the critical illnesses listed in the Future Generali term insurance policy.
Benefits of Future Generali Term Insurance
Future Generali Term Insurance is one of the most trustworthy and reliable insurer partners. Here are the reasons why you should choose Future Generali Term Insurance Plans:
01
Claim Settlement Ratio
Future Generali India Life Insurance's claim settlement ratio (CSR) for FY 2024-25 was 99.78%, which is considered reliable and indicates the insurer's ability to manage and resolve claims.
02
Tax Advantage
With Future Generali term plans, you can maximize your tax savings under Section 80C and Section 10(10D) of the Income Tax Act, 1961.
03
Good Solvency Ratio
The solvency ratio is an important metric that estimates an insurer's ability to pay claims. In the latest report by IRDAI (2024-25), Future Generali Life Insurance maintains an impressive solvency ratio of 1.70.
04
Ease of Purchase
Future Generali Life Insurance offers a do-it-yourself process to purchase Future Generali term plans online from the comfort of your home via their official website or PolicyX.com.
05
Affordable Premiums
Future Generali Term Plans are available at affordable premiums for individuals to buy directly from their website or PolicyX.com.
Documents required
For policy purchase and claim submission. Have these ready before you start.
- Photo ID Proof Any one of these: Passport, Aadhaar card, PAN card, Driving license.
- Age Proof Any one of these: Passport, Aadhaar card, PAN card, Driving license.
- Address Proof Any one of these: Utility bill, passport, voter ID, ration card.
- Medical Records Medical records of the policyholder, if requested.
- Income Proof Any one of these: Bank statement, last three months' salary slips (for salaried individuals).
Eligibility Criteria of Future Generali Term Insurance Plans
To purchase a Future Generali term insurance plan in 2025, certain eligibility criteria must be met:
- Age: A person between the ages of 18 and 65 is eligible to apply for a term life insurance plan. The policyholder's age is a key factor in the term insurance plan's premium.
- Health condition: Since a Future Generali term insurance plan insures the policyholder's life, most insurance providers require a policyholder to undergo a health examination to determine their current health condition and the inherent risks for the insurer. Be completely honest about your health condition and medical history to avoid issues during claim settlement.
- Income: A Future Generali term insurance plan has no specified minimum income requirement. However, you might be asked for bank statement copies and salary slips to determine the coverage on your term plan.
- Smoking habits: If you smoke or have been a smoker in the past, you must disclose this information to the insurer, as smokers are exposed to severe health hazards like lung cancer.
- Citizenship: Indian citizens can buy a Future Generali term insurance plan in India in their name. NRIs or PIOs can also leverage the benefits of a term insurance plan in India.
Additional Benefits Offered By Future Generali India Term Insurance Plans
The features and additional benefits of the Future Generali India Life Term Insurance plans are as follows:
Accidental Death Benefit
Get an extra payout on top of the base cover in case of death due to an accident.
High Sum Assured Discount
Get an additional discount on premium if you opt for a high sum assured amount.
Premium Discounts
The plan offers special premium rates for women policyholders or non-smokers.
Increasing Monthly Income
A term plan with increasing monthly income offers monthly installments that grow over time to beat inflation.
Critical Illness Cover
If you are diagnosed with any of the listed critical illnesses, you can claim a partial or total sum assured amount while you're still alive to cover hospital bills, doctor's fees, and other expenses.
Types of Future Generali Term Plans
Future Generali India Life Insurance offers various types of term plans to suit the requirements of every individual. Below, we've categorized each plan offered by Future Generali:
Basic Term Plan
Plan Name: Plan Name: Future Generali Saral Jeevan Bima or Future Generali Jan Suraksha
These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.
Term Insurance with Monthly Income
Plan Name: Plan Name: Future Generali Flexi Online Term Plan
These plans offer monthly income to the policyholder's dependents in case of the policyholder's demise.
Term Insurance with Critical Illness
Plan Name: Plan Name: Future Generali Express Term Life Plan
These plans offer inbuilt coverage against critical illnesses.
Term Insurance with Accidental Disability & Death Cover
Plan Name: Plan Name: Future Generali Care Plus or Future Generali Express Term Life Plan
These plans offer inbuilt coverage against accident disability and death cover.
How to Buy a Future Generali Term Insurance Plan?
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
- Visit the PolicyX.com website or the Future Generali Term Insurance official website to compare and choose a suitable term plan.
- Enter your personal details such as name, date of birth, gender, annual income, and smoking status to get a customised quote.
- Compare plan options — choose your sum assured, policy term, premium payment term, and any optional riders.
- Fill in the proposal form with your contact details, nominee information, and medical history accurately.
- Upload the required documents: identity proof, address proof, income proof, and recent photographs.
- Pay the first premium online via net banking, UPI, debit/credit card, or cheque.
- Complete the medical examination if required (depends on your age and sum assured).
- Receive your policy document via email and registered post after underwriting approval.
Future Generali understands the importance of early claim settlement during tough times. Below is the detailed online and offline claim process:
- As the insured's nominee, initiate the claim process by informing the insurer about the life insured's death as soon as possible. Ensure to submit the filled-out Future Generali term insurance claim form with all necessary documents to expedite the process.
- Once the request is submitted, a claim specialist will assess it. If further information or documents are required, the team will contact the beneficiaries using the provided contact details.
- Once the documents are verified, the insurer will promptly start the claim process. To ensure a speedy payout, the insurer will transfer the claim to the claimant's account.
- The Future Generali Life term plan claim settlement process can also be completed by visiting a local Future Generali Life branch office. Submit a duly filled claim form along with the required documents to the helpdesk. You can easily locate the nearest branch office using the Future Generali branch locator.
- Log in to the Future Generali Term Insurance customer portal or the PolicyX.com dashboard before your policy renewal date.
- Review your existing policy details — coverage, premium amount, and nominee information.
- Choose to continue with the same plan or upgrade your sum assured if eligible.
- Pay the renewal premium online via net banking, UPI, debit/credit card, or cheque.
- Download the renewed policy document from your registered email or the insurer portal.
To calculate premiums and purchase a plan:
- Visit the official website of Future Generali India Life Insurance.
- Click on 'Buy Term Plan' on the navigation bar and select 'Term Insurance Plans'.
- Click on the 'Buy Now' button and fill in the required details.
- Tap on 'Next' and select a plan as per your requirements.
- Select the cover option you want and make your payment.
Why Choose PolicyX.com?
Don't just take our word for it — check out what our happy customers say about us!
All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.
Ravindra SinghI highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.
Priti VarshneyI'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.
Nisha MaryI bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.
Ajay ShahPolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.
Vijay RathodI purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.
Uma MahajanFrequently asked questions
The 7 most-asked questions about Future Generali Term Insurance, answered.
The total period can range from 10-40 years.
If the policyholder is diagnosed with any of the pre-specified critical illnesses during the policy term, (s)he is liable to receive 25% of the sum assured immediately as a lump sum amount.
The extra amount will be adjusted against future premiums. The policyholder does not earn any interest on the excess premium paid.
No, the Future Generali Flexi Online Term Plan does not provide coverage to children. The mandatory age at entry for the policy is 18 years.
You need to visit the official website of Future Generali Term Insurance and log in with your user ID and password. After logging in, you can see the ’Policy Details’ tab. Click on it and you will be able to check your policy status. OR You can call the toll-free number 1800-102-2355 or write an email at [email protected]
Yes, the company has a mobile application named- FG Life - Customer App.
Yes, you can. You just need to pay a higher premium as compared to a non-smoker.
Customer satisfaction
Aggregate ratings from 926 verified PolicyX customers who bought a Future Generali Term Insurance plan.
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Written and reviewed by
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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