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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.


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:

    Plan Name : Future Health Suraksha: Individual

      About the Plan:

      This plan helps you stay covered against financial burdens that might be placed on you in case of any unforeseen circumstances.

      • This plan has a number of sub-categories based on the benefits that are provided. You can choose between the Basic, Silver, and Platinum plans
      • There is no requirement of getting a medical checkup done, before buying the policy, up until the age of 45 years
      • The entry age for this policy is from 18 years to 70 years, while children aged from 3 months to 25 years can be covered with the health plan if their parents are insured with the company


          • Cashless hospitalization facility can be availed at 4200+ network hospitals. This means that you will not have to pay a single rupee from your own pocket for your hospitalization bills, if you get admitted to a network hospital.
          • Pre and post hospitalization expenses are covered under the policy, for up to 60 and 90 days respectively.
          • Ambulance charges can be covered for an amount up to ₹ 1500.
          • Around 130 day care procedures that do not require hospitalization for 24 hours or more are also covered.
          • The policy offers to pay for expenses up to ₹ 500 per day for the person accompanying the insured at the hospital (in case of hospitalization)
          • There is a cumulative bonus that you can avail for every claim-free year, which will result in either a reduced premium or an increased sum assured (maximum amount that the company will pay for a claim) for the next policy term. This bonus can range from 10% to 50%.
          • The cost of your health checkup is also covered at authorized centers, after the completion of four claim-free years.

              Plan Name : Future Health Suraksha: Family

                About the Plan

                Securing the well-being of the members of your family is very important for everyone. This health insurance plan covers the hospitalization expenses of an individual, as well as their family.

                • One single sum assured (the maximum amount that the company is liable to pay in case of claims) applies to all the insured family members.
                • This plan also has sub-categories based on the benefits that are provided under them. You can choose between the Basic, Silver, and Platinum plans.
                • Up to an age of 45 years, there is no requirement of medical tests before buying the policy; after which, medical tests are mandatory and 50% of the charges for the test are reimbursed after the policy is issued.


                    • Upon completion of one policy year, gallstones, kidney stones, and similar conditions are covered. After completing two policy years, tumor, hernia, cataract, etc. are covered; and after 3 policy years, joint replacement surgery (for reasons other than accidents) is covered.
                    • Ambulance charges up to ₹ 1500 can be covered under the policy
                    • Listed day care procedures, attendant allowance (up to ₹ 500 per day), and pre and post hospitalization charges are also covered.
                    • Hospital cash benefits can be availed under the platinum plan

                        Plan Name : Future Criticare

                          About the Plan

                          This health plan is designed to provide people with insurance benefits for when they are diagnosed with any of the covered critical illnesses.

                          • The insured is covered for hospital expenses and other medical expenses when they are diagnosed with a critical illness.
                          • Available as an individual or a family floater plan.
                          • Lump sum payment of benefits, if the insured is diagnosed with any of the 12 listed critical illnesses including cancer, first heart attack, total blindness, coma, etc.


                              • Total sum assured, or the maximum amount that the insurance company will pay for a claim, can vary from ₹ 1 lakh to ₹ 50 lakh.
                              • 12 critical illnesses are covered under this policy, if the insured person lives for 28 days after the diagnosis or after a surgery relevant to a critical illness.
                              • One may avail income tax benefits under Section 80D of the Income Tax Act on the premiums that they pay.
                              • Hospitalization and related medical expenses are covered.


                                • 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.

                                Claim Process at Future Generali Health Insurance

                                The procedure to put in a claim against a health insurance plan is of two types:

                                Review of the Future Generali Health Insurance Company Ltd.

                                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%