Overview:
Future Generali Life Insurance is a leading life insurance company that offers a wide range of insurance solutions to secure the financial future of individuals and families. Future Generali Life Insurance was started in 2007 and has established itself as a trusted name in the insurance industry with a strong focus on customer-centricity, innovation and transparency.
Future Generali Life Insurance is a joint venture between Future Group, a leading Indian conglomerate, and Generali Group, a leading global insurance provider. This collaboration brings together the expertise and resources of both organizations to provide high-quality insurance products and services.
Future Generali Life Insurance operates with over 100 branches across India, serving over 3000 corporate customers and selling 3.2 million policies nationwide. The company has an excellent claim settlement record, with an annual settlement of over 2.6 lakh claims. This impressive performance has made Future Generali Life Insurance one of the top life insurance providers in the country.
Future Generali Life Insurance offers a wide range of life insurance plans, including term plans, savings plans, child plans, retirement plans and health plans. These plans are designed to provide comprehensive coverage and financial protection to policyholders and their families. Future Generali Life Insurance has received numerous awards and recognition for its commitment to excellence in the insurance industry. Here are some of the awards and honours won by Future Generali Life Insurance Company:
- Future Generali Won the “Company of the Year” Award in Mid Segment for the Event/Category by NAVABHARAT BFSI SUMMIT AND AWARDS in 2022.
- Future Generali was recognized as the “Economic Times best brand” in 2020.
- Future Generali Life Insurance won the “Best Use of Video Content” award for the #AapkiHealthMereLiye campaign at the Asian Leadership Forum and Awards in October 2018.
- Future Generali India Life Insurance was the Finalist in the Banking and Insurance Category at the Global Enterprise Architecture Excellence in 2018.
Future Generali Life Insurance Company Specification
Below are the key specifications of Future Generali India Life Insurance Company.
| Particulars | Specifications |
|---|---|
| Claim Paid Percentage (2021-22) | 96.15 |
| Group Death Claim Paid Percentage (2021-22) | 95.63 |
| Solvency Ratio (2021-22) | 1.67 |
| Market Share (2021-22) | 1433.54 Crore |
*Data has been sourced from the annual report of IRDAI 2021-22
Key Features of Future Generali Life Insurance
Future Generali Life Insurance offers a range of insurance products designed to meet the diverse needs of individuals. Here are some key features of Future Generali Life Insurance:
Holistic Protection Solutions
Future Generali Life Insurance offers a wide range of holistic protection solutions to meet the diverse needs of individuals and families. Their insurance plans include life coverage, critical illness protection, disability benefits and comprehensive health coverage, ensuring comprehensive financial protection for policyholders.
Customer-Centric Approach
Future Generali Life Insurance puts customers at the centre of its operations. They strive to understand and meet each customer's specific needs by providing personalized solutions and excellent customer service at every touch point. Their dedicated customer support team is immediately available for policy enquiries, claim processing, and other assistance.
Underwriting Process
Future Generali Life Insurance uses advanced underwriting techniques to ensure a seamless and efficient policy issuance process. They leverage technology and data analytics to streamline underwriting decisions, enable faster policy approvals, and reduce customer hassle.
Innovative Product Offerings
Future Generali Life Insurance is committed to remaining at the forefront by continuously offering innovative products. They regularly assess market trends and customer preferences to develop insurance solutions that address emerging risks and provide advanced coverage options. These innovative products are designed to meet customers' evolving needs and provide greater flexibility.
Digital Transformation
Future Generali Life Insurance is at the forefront of digital transformation in the insurance industry. They leverage technology to provide customers with a seamless and convenient experience throughout their insurance journey. Future Generali Life Insurance offers user-friendly digital platforms and mobile applications for hassle-free interactions from online policy purchase and premium payment to policy servicing and claim processing.
Transparent and Fair Practices
Future Generali Life Insurance maintains the highest transparency and fair dealing standards. They explain the policy terms and conditions clearly and jargon-free, ensuring customers fully understand their coverage. The company is committed to fulfilling its promises and settling claims fairly and expeditiously.
Robust Investment Options
Future Generali Life Insurance offers a range of investment-linked insurance plans that provide opportunities to grow policyholders' savings. These schemes allow individuals to participate in the financial markets and earn higher returns based on their risk appetite. Future Generali Life Insurance provides expert guidance to help policyholders make informed investment decisions.
Strong Financial Stability
Future Generali Life Insurance boasts of a strong financial position, backed by the backing of Future Group and Generali Group. Their strong financial stability ensures that policyholders have confidence in the company's ability to meet its financial obligations and provide long-term security.
Wellness Programs and Services
Future Generali Life Insurance promotes holistic well-being beyond traditional insurance offerings. They provide wellness programs and services focusing on preventive health care, lifestyle management, and mental well-being. These initiatives empower policyholders to lead healthy lives and manage their health risks.
Educational Initiatives
Future Generali Life Insurance promotes financial literacy and awareness. They actively organize educational initiatives such as webinars, workshops, and seminars to empower individuals with insurance, investments, and financial planning knowledge. These initiatives help customers make informed decisions and enhance their financial well-being.
Benefits of Future Generali Life Insurance
Future Generali Life Insurance offers many benefits that set them apart from the competition. Below, explore some unique and updated benefits of choosing Future Generali Life Insurance as your insurance provider.
Comprehensive Range of Insurance Plans
Future Generali Life Insurance offers comprehensive plans catering to various needs and life stages. Whether you are looking for a term plan, savings-oriented plan, child education solutions, retirement planning, or pure protection with health-related coverage, Future Generali has you covered. Their diverse portfolio ensures you can find a policy that suits your needs and financial goals.
Customizable Coverage Options
Future Generali Life Insurance understands that everyone has different needs and preferences. That's why they offer customizable coverage options. You can choose the coverage amount, policy term and additional riders to suit your specific circumstances. Whether you need critical illness coverage, accidental death benefits, or waiver of premium, Future Generali allows you to tailor your policy to suit your needs.
Solvency Ratio
Solvency ratios measure the ability of an insurance company to meet long-term obligations. It is calculated by dividing the company's capital and surplus by its net required capital. This shows the financial strength and stability of the company. As per the latest IRDAI report for 2021-22, the solvency ratio of Future Generali in the year 2021-22 is 1.67.
Loyalty Bonus
Future Generali Life Insurance values long-term relationships with its policyholders. To reward their loyalty, the company offers policyholders a "loyalty bonus" who maintain their policies for a specified period. This bonus is an additional amount added to the policy's benefit amount, providing an additional financial boost to the policyholders as a token of appreciation for their continued trust and support.
Expert Advice and Guidance
Future Generali Life Insurance provides expert advice and guidance to help policyholders make informed decisions. Their team of insurance professionals is available to assist in choosing the most appropriate insurance solution based on individual needs and financial goals. This expert guidance ensures that policyholders make well-informed choices.
Claim Settlement Ratio
The claim settlement ratio is a critical metric representing the percentage of claims settled by an insurance company against the total claims received in a specific period. It reflects the company's efficiency in settling claims and meeting its obligations towards policyholders. As per the latest IRDAI report for 2021-22, the claim settlement ratio of Future Generali in the year 2021-22 is 96.15.
Life Insurance Plans Offered by Future Generali Life Insurance
Future Generali Life Insurance offers a range of life insurance plans to cater to different needs and goals. While the specific plans may vary over time, here are some common types of life insurance plans offered by Future Generali Life Insurance:
Future Generali Term Insurance
 |
Future Generali Care Plus Term Plan |
Coverage Benefits
- Extra Life Cover
- Death Benefit
- Maturity Benefit
Eligibility Criteria
Entry Age: 18 Years to 65 Years
|
Future Generali Saral Jeevan Bima |
Coverage Benefits
- Tax Benefits
- Affordable Premium
- Flexible Policy Term
Eligibility Criteria
Entry Age: 18 Years to 65 Years
|
Future Generali Express Term Life Plan |
Coverage Benefits
- Life Plus Health Cover Option
- All-in-One Cover Option
- Tax Benefit
Eligibility Criteria
Entry Age: 18 Years to 65 Years
|
Future Generali Flexi Online Term Plan |
Coverage Benefits
- Income Protection
- Low Premiums for Women
- Tax benefits
Eligibility Criteria
Entry Age: 18 Years to 55 Years
|
Future Generali Jan Suraksha |
Coverage Benefits
- Death Benefit
- Maturity Benefit
- Surrender Benefit
Eligibility Criteria
Entry Age: 18 Years to 50 Years
Future Generali Ulip Plans
|
Future Generali Big Dream Plan |
Coverage Benefits
- Life Cover
- Partial Withdrawals
- 3 Investment Options
Eligibility Criteria
Entry Age: Up to 55 Years
|
Future Generali Easy Invest Online Plan |
Coverage Benefits
- Maturity Benefit
- Loyalty Additions
- Death Benefit
Eligibility Criteria
Entry Age: Up to 60 Years
|
Future Generali Dhan Vridhi |
Coverage Benefits
- Partial Withdrawals
- 7 Fund Options
- Tax Benefit
Eligibility Criteria
Entry Age: 8 Years to 60 Years
|
Future Generali Wealth Protect Plan |
Coverage Benefits
- Guaranteed Loyalty Additions
- 7 Funds Options
- Partial Withdrawals
Eligibility Criteria
Entry Age: 7 Years to 60 Years
|
Future Generali Bima Advantage Plus |
Coverage Benefits
- Tax Benefits
- 7 Funds Options
- Partial Withdrawals
Eligibility Criteria
Entry Age: 7 Years to 65 Years
Future Generali Health Insurance Plans
|
Future Generali Cancer Protect Plan |
Coverage Benefits
- Major Stage Coverage
- Minor Stage Coverage
- Tax Benefit
Eligibility Criteria
Entry Age: 1 Year to 65 Years
|
Future Generali Heart and Health Insurance Plan |
Coverage Benefits
- Waiver of Premium Benefit
- Inbuilt Death Benefit
- Comprehensive Critical Illness Cover
Eligibility Criteria
Entry Age: 18 Years to 65 Years
Future Generali Child Plans
|
Future Generali Assured Education Plan |
Coverage Benefits
- Maturity Benefit
- Death Benefit
- Tax Benefit
Eligibility Criteria
Entry Age: 21 Years to 50 Years
Future Generali Retirement Plans
|
Future Generali Immediate Annuity Plan |
Coverage Benefits
- Lifetime Income
- 2 Annuity Payout Options
- Tax Benefits
Eligibility Criteria
Entry Age: 40 Years to 80 Years
|
Future Generali Saral Pension Plan |
Coverage Benefits
- Tax Benefits
- Guaranteed Lifetime Annuity
- 2 Plan Options
Eligibility Criteria
Entry Age: 40 Years to 80 Years
Future Generali Combo Solutions
|
Future Generali Assured Advantage Solution |
Coverage Benefits
- Guaranteed Income
- 7 Fund Options
- Loan Availability
Eligibility Criteria
Entry Age: 7 Years to 50 Years
|
Future Generali Guaranteed Income Solution |
Coverage Benefits
- Life Cover
- Tax Benefit
- Guaranteed Income
Eligibility Criteria
Entry Age: 5 Years to 40 Years
Future Generali Savings Plan
|
Future Generali Lifetime Partner Plan |
Coverage Benefits
- Life Cover Till 100 Years
- 2 Plans Options
- Annual Cash Bonus
Eligibility Criteria
Entry Age: 1 Year to 60 Years
|
Future Generali New Assured Plus Plan |
Coverage Benefits
- 2 Death Benefit Payout Options
- Maturity Benefit
- Tax Benefit
Eligibility Criteria
Entry Age: 3 Years to 55 Years
|
Future Generali Triple Anand Advantage Plan |
Coverage Benefits
- Life Cover Till 80 Years
- Survival Benefit
- Maturity Benefit
Eligibility Criteria
Entry Age: 7 Years to 50 Years
|
Future Generali Long-Term Income Plan |
Coverage Benefits
- Guaranteed Benefit
- Long term Income
- Life Cover
Eligibility Criteria
Entry Age: Up to 60 Years
|
Future Generali New Assured Wealth Plan (Non-POS Variant) |
Coverage Benefits
- 2 Plan Options
- Flexible-Premium Payment Term
- Tax Benefit
Eligibility Criteria
Entry Age: Up to 60 Years
|
Future Generali Money Back Super Plan (POS Variant) |
Coverage Benefits
- Guaranteed Money Back
- Survival Benefit
- 2 Plan Options
Eligibility Criteria
Entry Age: Up to 55 Years
|
Future Generali Money Back Super Plan (Non-POS Variant) |
Coverage Benefits
- Guaranteed Additions
- 2 Plan Options
- Survival Benefit
Eligibility Criteria
Entry Age: Up to 60 Years
|
Future Generali New Assured Wealth Plan (POS Variant) |
Coverage Benefits
- Guaranteed Additions
- Tax Benefit
- No Medical Examination Required
Eligibility Criteria
Entry Age: Up to 53 Years
|
Future Generali Assured Income Plan |
Coverage Benefits
- Guaranteed Income
- Additional Income
- Death Benefit
Eligibility Criteria
Entry Age: 5 Years to 50 Years
|
Future Generali Big Income Multiplier (Non-POS Variant) |
Coverage Benefits
- Limited Premium Payment
- Guaranteed Income
- Tax Benefit
Eligibility Criteria
Entry Age: 4 Years to 50 Years
|
Future Generali Big Income Multiplier (POS Variant) |
Coverage Benefits
- No Medical Examination Required
- Limited Premium Payment
- Guaranteed Income
Eligibility Criteria
Entry Age: 4 Years to 50 Years
|
Future Generali Assured Education Plan |
Coverage Benefits
- Maturity Benefit
- Death Benefit
- Tax Benefit
Eligibility Criteria
Entry Age: 21 Years to 50 Years
|
Future Generali Assured Money Back Plan |
Coverage Benefits
- 2 Plan Options
- Guaranteed Payouts
- Life Cover
Eligibility Criteria
Entry Age: 18 Years to 55 Years
|
Future Generali Assured Wealth Plan |
Coverage Benefits
- 2 Product Options
- Increasing Death Benefit
- Low Premiums for Women
Eligibility Criteria
Entry Age: Up to 60 Years
|
Future Generali Term With Return of Premium |
Coverage Benefits
- 2 Plan Options
- Low Premiums for Women
- Assured Return of Premium
Eligibility Criteria
Entry Age: 18 Years to 55 Years
|
Future Generali Jan Suraksha Plus |
Coverage Benefits
- Hassle-Free Application Process
- One-Time Premium Payment
- Death Benefit
Eligibility Criteria
Entry Age: 18 Years to 50 Years
Future Generali Group Plans
|
Future Generali Sampoorn Loan Suraksha |
Coverage Benefits
- Joint Life Cover
- Loan Facility
- Tax Benefit
Eligibility Criteria
Entry Age: 14 Years to 70 Years
|
Future Generali Group Superannuation Plan |
Coverage Benefits
- Flexible-Premium Payment Term
- Annual Bonus
- Tax Benefit
Eligibility Criteria
Entry Age: 18 Years to 79 Years
|
Future Generali Group Leave Encashment Plan |
Coverage Benefits
- Uniform Life Cover
- Tax Benefit
- Death Benefit
Eligibility Criteria
Entry Age: 18 Years to 69 Years
|
Future Generali Group Gratuity Plan |
Coverage Benefits
- Additional Term Cover
- Gratuity Benefit
- Flexible-Premium Payment
Eligibility Criteria
Entry Age: 18 Years to 69 Years
|
Future Generali Group Term Life Insurance Plan |
Coverage Benefits
- Death Benefit
- Additional Riders
- Tax Benefit
Eligibility Criteria
Entry Age: 18 Years to 69 Years
|
Future Generali Loan Suraksha |
Coverage Benefits
- Death Benefit
- Joint Life Cover
- Unlimited Sum Assured
Eligibility Criteria
Entry Age: 18 Years to 65 Years
|
Future Generali Comprehensive Employee Benefit Plan |
Coverage Benefits
- Death Benefit
- Loyalty Additions
- Superannuation Scheme
Eligibility Criteria
Entry Age: 19 Years to 79 Years
Future Generali Online Plans
|
Future Generali Heart and Health Plan |
Coverage Benefits
- Waiver of Premium Benefit
- Inbuilt Death Benefit
- Comprehensive Critical Illness Cover
Eligibility Criteria
Entry Age: 18 Years to 65 Years
|
Future Generali Cancer Protect Plan |
Coverage Benefits
- Major Stage Coverage
- Minor Stage Coverage
- Tax Benefit
Eligibility Criteria
Entry Age: 1 Year to 65 Years
|
Future Generali Flexi Online Term Plan |
Coverage Benefits
- Income Protection
- Low Premiums for Women
- Tax Benefit
Eligibility Criteria
Entry Age: 18 Years to 55 Years
|
Future Generali Big Dream Plan |
Coverage Benefits
- Life Cover
- Partial Withdrawals
- 3 Investment Options
Eligibility Criteria
Entry Age: Up to 55 Years
|
Future Generali Easy Invest Online Plan |
Coverage Benefits
- Maturity Benefit
- Loyalty Additions
- Death Benefit
Eligibility Criteria
Entry Age: Up to 60 Years
Tax Benefits of Future Generali Life Insurance Plans
Future Generali Life Insurance plans not only provide financial security but also offer attractive tax benefits under the tax laws prevalent in India. Tax benefits help policyholders to reduce their overall tax liability and increase their savings. Here are the significant tax benefits associated with Future Generali Life Insurance plans:
-
Tax Deductions on Premiums Paid
The policyholders can avail of tax deductions under Section 80C of the Income Tax Act, 1961, for the premiums paid for their life insurance policies. The maximum deduction allowed is up to INR 1.5 lakh per financial year. This deduction applies to individual and Hindu Undivided Family (HUF) policyholders, subject to certain conditions.
-
Tax-Free Maturity Benefits
Maturity income received from life insurance policies is generally exempt from tax under Section 10(10D) of the Income Tax Act. This means that the policyholder will receive a lump sum amount, including bonuses and guaranteed additions on policy maturity, which is tax-free.
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Tax-Free Death Benefits
In case of an unfortunate death of the policyholder, the death benefit paid to the nominee or beneficiary is also tax-free under section 10(10D) of the Income Tax Act. The entire sum assured or death benefit amount received by the nominee is exempt from income tax.
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Tax Benefits on Rider Premiums
Future Generali Life Insurance offers additional riders that can be added to the base policy for better coverage. Premiums paid for these riders may also be eligible for tax deduction under Section 80C, subject to an aggregate limit of INR 1.5 lakh.
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Tax Benefits for Pension/Annuity Plans
Future Generali Life Insurance offers retirement plans with regular income or a lump sum after retirement. Premiums paid for these pension or annuity plans may be eligible for tax benefits under section 80CCC of the Income Tax Act, subject to the overall limit.
How to Choose the Right Future Generali Life Insurance Plan?
Choosing the right life insurance plan is an important decision that needs careful consideration. Future Generali Life Insurance offers a range of plans to suit different needs and goals. Here are some key factors to consider while selecting the right Future Generali Life Insurance plan:
-
Assess Your Needs and Goals
Evaluate your financial goals, responsibilities and future needs. Determine the coverage amount needed to protect your family's financial well-being, considering factors such as outstanding debts, future expenses and income replacement needs. Consider your long-term financial goals, such as retirement savings or funding your child's education.
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Understand Different Plan Types
Familiarize yourself with the various life insurance plans offered by Future Generali Life Insurance. This includes term insurance, endowment plans, ULIP plans, savings plans, retirement plans and child plans. Each plan type has its own features, benefits and suitability depending on your objectives and risk appetite.
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Evaluate Premium Affordability
Assess your financial ability to make premium payments regularly. Choose a plan that offers a premium amount that suits your budget. Remember that discontinuing the policy due to financial constraints may result in loss of benefits and wasted premiums.
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Review Plan Features and Benefits
Carefully review each plan's features, benefits and riders. Consider factors like maturity benefit, death benefit, bonus or dividend options, flexibility to customize the plan and additional coverage options through riders. Make sure the plan suits your specific needs.
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Check Claim Settlement Ratio and Company Reputation
Research the claim settlement ratio of Future Generali Life Insurance and assess the company's reputation for prompt and efficient claims settlement. A high claim settlement ratio indicates the insurer's reliability in fulfilling its obligations to policyholders.
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Seek Professional Advice
If you are still deciding on the right plan, consider seeking advice from RenewBuy’s POSP Advisors. They can provide personalized guidance based on your financial situation, goals, and risk tolerance.
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Read Policy Terms and Conditions
Thoroughly read and understand the terms and conditions of the policy before making a decision. Pay attention to exclusions, waiting periods, surrender charges, and other policy-specific details.
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Compare Multiple Plans
Compare multiple Future Generali Life Insurance plans to evaluate their features, benefits, premiums, and suitability. This will help you make an informed decision and select the plan that best meets your requirements.
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Customer Support and Service
Check the quality of customer support and service Future Generali Life Insurance provides. A responsive and reliable customer service team can assist you with any queries, policy-related concerns, or claims processes.
Why Future Generali Life Insurance is a Trusted Provider?
Future Generali Life Insurance has established itself as a trusted provider in the insurance industry. Here are some reasons why Future Generali Life Insurance is known for its reliability and trustworthiness:
Strong Financial Stability
Future Generali Life Insurance has maintained a strong financial position, which is important for an insurance provider. The company's financial stability ensures that it can meet its obligations towards policyholders, including payment of claims and policy benefits. This stability instils confidence in customers that their financial security is secure.
Wide Range of Insurance Solutions
Future Generali Life Insurance offers diverse insurance solutions to meet different needs and goals. Whether individuals need pure protection through term insurance plans, savings-focused policies, retirement plans, or special coverage for their children's future, Future Generali has a comprehensive portfolio addresses different life stages and requirements.
Customer-Centric Approach
Future Generali Life Insurance strongly emphasizes customer satisfaction and strives to provide excellent service. The company is committed to understanding the specific needs of its customers and tailoring insurance solutions accordingly. The customer-centric approach is reflected in its efficient claim settlement process, responsive customer support and personalized assistance throughout the policy term.
Robust Distribution Network
Future Generali Life Insurance has a vast distribution network across India, including branches, agents and other distribution channels. This widespread presence ensures accessibility and convenience for customers, allowing them to easily connect with the company for policy-related queries, support or purchasing insurance plans.
Technological Advancements
Future Generali Life Insurance has embraced technology to enhance customer experience and streamline processes. The company leverages digital platforms, mobile applications, and online portals to facilitate policy purchases, premium payments, claims processing, and policy management. These technological advancements contribute to a seamless and efficient interaction with the insurer.
Ethical Business Practices
Future Generali Life Insurance adheres to ethical business practices, maintaining transparency and integrity in its operations. The company complies with regulatory guidelines and follows ethical standards to protect the interests of its policyholders. This commitment to ethical conduct fosters trust and credibility among customers.
Awards and Recognitions
Future Generali Life Insurance has received several accolades and industry recognitions for its performance and service excellence. These awards validate the company's commitment to delivering quality insurance products and customer-centric solutions.
Community Initiatives
Future Generali Life Insurance actively participates in social and community initiatives, demonstrating its commitment to corporate social responsibility. By contributing to various social causes and engaging in community development programs, the company showcases its dedication to positively impacting beyond its core business operations.
Future Generali Life Insurance Buying Process
Edelweiss Life Insurance offers a simple and hassle-free buying process. You can buy Edelweiss Life Insurance in two ways, i.e., from Future Generali Life Insurance's official website and RenewBuy.com. Read below to check the buying process of Future Generali Life Insurance in detail.
Buy from RenewBuy.com
- Visit the official site of "RenewBuy."
- Select the "Life Insurance Plan" tab.
- Select the "Best Life Insurance Companies in India" tab.
- The next tab will show you all the life insurance companies.
- Click on the "Future Generali life insurance" tab.
- Select the desired Future Generali Life Insurance plan.
- Fill in all the required information. .
- Click on "Buy Now".
- Proceed with the payment
Buy From the Official Website of Future Generali Life Insurance
- Visit the Future Generali Life Insurance official website.
- Click on the desired type of Insurance tab.
- The new page will show you all the "Future Generali life insurance Plans."
- Fill in the required details.
- Click on the "Buy Now" button.
- Pay and your life insurance policy document will be sent to your registered e-mail address.
Future Generali Life Insurance Claim Process
The Future Generali Life Insurance claim process is designed to be simple and efficient. Here is a general overview of the claim process:
Claim Intimation
In the unfortunate event of the policyholder's demise or any other covered event, the nominee or beneficiary should intimate Future Generali Life Insurance about the claim as soon as possible. Contact the nearest Future Generali branch or contact customer service at 1800 102 2355 or email them at claims.support@futuregenerali.in to initiate the claim process.
Claim Processing
Future Generali Life Insurance will verify the submitted claim documents. They may request additional information or documents if required. It is important to provide accurate and complete information to avoid any delays in the claim settlement process.
Claim Decision
Future Generali Life Insurance will assess the claim based on the policy terms and conditions. They will review the submitted documents, policy coverage, and other relevant factors to determine the eligibility for claim settlement.
Claim Settlement
Future Generali Life Insurance will proceed with the claim settlement once the claim assessment is complete and approved. The settlement amount will be paid to the nominee or beneficiary as per the policy terms.
Documents Required For Claim Processing
Below mentioned are the documents that you need to submit while raising a claim:
List of Documents Required for Death Claim
- Death Claim Form
- Death Certificate
- Scanned Copy of Policy Schedule Page
- Claimant’s PAN Copy
- Claimant’s ID Proof
- Claimant’s Photograph
- Form 60
- Claimant’s Address Proof
- Bank Account Proof of Claimant
List of Documents Required in Case of Death in Hospital
- Death Claim Form
- Death Certificate
- Scanned Copy of Policy Schedule Page
- Claimant’s PAN Copy
- Claimant’s ID Proof
- Claimant’s Photograph
- Form 60
- Claimant’s Address Proof
- Bank Account Proof of Claimant
- Indoor Case Papers
- Discharge Summary
List of Documents Required in Case of Accidental/Suicide/Murder
- Death Claim Form
- Death Certificate
- Scanned Copy of Policy Schedule Page
- Claimant’s PAN Copy
- Claimant’s ID Proof
- Claimant’s Photograph
- Form 60
- Claimant’s Address Proof
- Bank Account Proof of Claimant
- Post Mortem Report
- Final Investigation Report (FIR) by Police
- Newspaper cutting
- Panchnama
- Chemical Viscera Report
- Driving License
Future Generali Life Insurance Contact Details
To contact Future Generali Life Insurance, you can use the following contact details: Customer Service Helpline:
| Address: | Unit 801 and 802, 8th floor, Tower C, Embassy 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai - 400083 |
| Toll-Free Number: | 1800-102-2355 |
| WhatsApp: | +917678006000 |
| Email: | For Customer Service: fgcare@futuregenerali.in For Claims Assistance: claimsupport@futuregenerali.in |
