Future Generali Health Insurance
The Future Generali Health Insurance Company, headquartered in Mumbai, was formed in 2006, with the coming together of India’s Future Group, and Italy’s major insurance company, Generali Group. The company brought in a host of insurance products to the Indian market. This is a private company that aims to provide services to its customers, using the combination of the global leadership expertise of the Generali Group and the knowledge of the Indian market of the Future Group. Together, the two groups bring to the insurance industry, some of the best market practices from within and outside India.
Offering a range of general protection solutions, including health insurance, the Future Generali Co. Ltd. offers group plans as well as individual policies in its health insurance segment. You can also buy Future Generali health insurance online.
Benefits
- Online Purchase -A Future Generali health insurance policy can easily be bought and renewed online.
- Cashless Hospitalization -At over 4200 network hospitals that are spread across the country, one may avail cashless treatments, i.e., the bill will be paid by the insurance company, directly to the hospital.
- Tax Benefits -Under Section 80D of the Income Tax Act, one may avail up to ₹ 25000 as tax deductions.
- Health Checkups -After four claim free policy years, you also have the option to avail free health checkups.
- Lifetime Renewability -Once under the coverage of a Future Generali health insurance policy, you can easily get it renewed for your entire life, with a grace period of 30 days provided for renewal.
Plans Offered by Future Generali Health Insurance
Health insurance by Future Generali provides the insured person coverage against a number of health related emergencies, by providing them with cashless facilities in 4200+ hospitals across the country. In addition to this facility, there are also a number of other benefits, like pre and post hospitalization charges, tax deductions, daily cash allowance, etc., under the Future Generali health insurance plans. It is very important that you compare Future Generali health insurance plans before you purchase, so you can be sure that you are buying a plan that suits your requirements perfectly. Some of the most popular Future Generali health insurance plans are:
Future Health Suraksha: Individual
Future Health Suraksha: Family
Future Criticare
Frequently Asked Questions
What are the modes of payments that I can use to pay the premium for my Future Generali health insurance?
There are three ways in which you can pay the premium for your Future Generali health insurance:
- Auto debit - you can sign a mandate at the time of buying the policy and your premium will be deducted automatically from your bank account at the end of the policy term,
- Cash or Cheque – you can deposit these at the bank.
- Online – You can use various online payment methods to pay your premium online.
How do I get my health insurance renewed?
You can visit online portals and login there to pay the premium via debit/credit card or by net banking and get your policy renewed. Or, you could submit a cheque or cash to Future Generali before the due date to renew your policy automatically.
How long does claim settlement take?
The company takes a maximum of 7 days to settle claims. You will have to put in your claim at the company via the toll free number or you could also send an email.
Shopping for health insurance just got a whole lot easier.
Review of the Future Generali Health Insurance
Future Generali offers its customers a wide range of health insurance plans that can be customized to suit the varied needs of groups and individuals. The main aim of the organization is to bring affordable healthcare to the Indian population and with that in mind, it focuses on quality, forming customer relationships, and in simplifying the claims process. Future Generali Health Insurance had a claim-settlement ratio of 90.26% for the year 2015-2016. The ratio of the company’s total payout in the form of claims to the amount taken in as premiums (incurred claim ratio) is 81.53%. Make the right choice when buying health insurance, and compare Future Generali health insurance plans before you buy.