Get a Quick Quote

Future Generali Health Insurance

Future Generali General Insurance Company is a joint venture between one of India’s leading business firms, the Future Group of Industries and an Italian based company, Generali Group. Generali Group is a major market player in wealth management and financial protection. As one of the most trusted insurance company in Europe, Future Generali started its operation in India in the year 2007. Future Generali Health Insurance offers a wide range of comprehensive plans to fulfill the requirements of the insurance seekers.

Future Generali Health Insurance at a Glance

Key Features Highlights
Incurred Claim Ratio 77.31
Cashless Hospitals 5000+
Online Renewal Yes
Renewal Lifelong

Future Generali Health Insurance Key Features

  • Get approval for cashless treatment in merely 90 minutes
  • Easy access to your policy details with Future Generali mobile app
  • 4200+ listed hospitals in 492 cities across India
  • Instantaneous policy renewal process
  • Easy Installment facility
  • Protection to multiple members of a family in a comprehensive plan
  • Quick and hassle-free in-house claim settlement procedure

Future Generali Health Insurance Plans Comparison Table

Plan Name Sum Insured (in Rs.) Eligibility Criteria Renewal Coverage Type
Future Health Suraksha Individual Plan Rs. 5 to 10 lakhs 90 days to 70 years Lifetime Individual/Family Floater
Future Health Suraksha Family Plan Rs. 5 to 10 lakhs Adults:

18 yrs. to 70 yrs.

Children:

3 months to 25 yrs.

Lifetime Individual/Family Floater
Future Generali  Accident Suraksha Plan   Adults:

18 yrs. to 70 yrs.

Children:

5 yrs. to 25 yrs.

Lifetime Individual/Dependent  children can be covered ( if the parents are also covered)
Future Health Surplus Plan Rs. 3 lakhs to 10 lakhs Adults:

18 yrs. to 65 yrs.

Children:

3 months to 25 yrs.

Lifetime Individual/Dependent  children can be covered ( if the parents are also covered)
Future Generali Health Total Plan 3 lakhs to 1 crore No age bar Individual/Family Floater
Future Generali Hospicash Plan Hospitalization Allowance: Rs.500 to 1000 ( based on the plan)

ICU Allowance:  Rs. 1000 to 6000 ( as per the plan)

18 yrs. to 65 yrs.

Children:

6 months to 25 yrs.

Lifetime Individual/Dependent  children can be covered ( if the parents are also covered)
Future Generali Criticare Plan Min: 1,00,000 Max: 50,00,000 (above 45 years)

20, 00,000 (46 to 65 yrs.)

6 yrs. To 65 yrs. Lifetime Individual/Family Floater

 Types of the Future Generali Health Insurance Plans

  1. Future Health Suraksha Individual Plan- Anyone between the age group of 18 to 70 years can buy this plan. If you are below 55 years of age, you can opt for a sum assured of Rs. 10 lacs. If you are above 55 years of age, the sum assured limit is Rs. 5 lacs.
  2. Future Health Suraksha Family Plan – Future Generali Health Suraksha Family Plan is divided into three categories i.e. basic, silver and platinum according to the benefits provided.
  3. Future Generali Accident Suraksha Plan- Anyone between the age group of 18 and 70 years can buy this plan.
  4. Future Generali Health Surplus Plan- You can use it as a top-up plan that covers hospitalization expenses incurred due to an illness/accident.
  5. Future Generali Hospicash Plan- Future Generali Hospicash insurance plan provides cash benefit during the hospitalization. There are 4 types of variants of this plan. The maximum sum assured that is offered is 144 times of your monthly salary.
  6. Future Generali Criticare Plan- It provides financial backup to the insured by taking care of hospital charges and other expenses related to medical treatment if the insured suffers from any critical illness.
  7. Future Generali Health Total Plan- It is an all-inclusive plan that covers maternity expenses, alternative treatments, and domiciliary hospitalization among other benefits.

Future Generali Health Insurance Claim Procedure

As per your preference, you can choose to file either a cashless claim or a reimbursement claim. The process is described below-

Future Generali Cashless Health Claim:

  • In this process of claim settlement, you need to take the treatment at any of the network hospitals.
  • At the hospital desk, you need to show your Future Generali health card
  • A properly filled pre-authorization request form is sent by the hospital to you.
  • Once the hospital receives the approval form from Future Generali, the benefit of cashless treatment will be provided to you.
  • The hospital bills will be directly settled by the insurer.
  • In case of rejection of a cashless claim, you can continue with the medical treatment but the medical expenses will be paid by you.
  • However, after the discharge, you can file for reimbursement.

Future Generali Health Reimbursement Claim:

  • You are required to pay for the hospitalization expenses
  • However, you are required to fill and submit the claim reimbursement form within a month of the discharge
  • Moreover, you need to provide all the other documents as well.
  • The approval and rejection will be based on the policy wordings

Future Generali Health Insurance Renewal

To retrieve an instant Future Generali medical insurance renewal quote online, follow the steps-

  • Enter your residential code
  • Select the type of plan you are looking for- Individual/Sum Assured
  • Enter the gender
  • Marital status
  • Date of birth
  • Smoker or not
  • If you have any dependent children
  • Option to add your spouse/parent/child
  • Enter their details
  • Review the details
  • Click to proceed to get your quote
  • Once you make the payment, the policy will be renewed

It is suggested that you go through the Future Generali health insurance reviews before the renewal.

Future Generali Health Insurance Inclusions

The coverages may vary based on the plan you have opted for, however here’s a quick rundown of the general inclusions-

  • Hospitalization expenses before and after the admission
  • Daycare treatment expenses
  • Domiciliary hospitalization expenses ( in some plans)
  • Road ambulance charges
  • Maternity benefits and child vaccination cover
  • Restoration of Sum Insured
  • Organ donor expenses ( in some plans)
  • Alternative treatment cover( in some plans)
  • Accompanying person’s expenses
  • Accidental Hospitalization

Future Generali Health Insurance Exclusions

You are not eligible to lodge a claim for the following reasons-

  • Pre-existing diseases
  • Plastic surgery and cosmetic treatments,
  • Sexually transmitted diseases/complications
  • Any kind of deliberate attempt
  • Fertility treatments
  • Non-allopathic treatments
  • External or internal congenital diseases
  • Medical treatment which is not performed by a certified doctor
  • Birth control procedures
  • Hormone replacement therapies
  • Self-medication/treatment
  • Depression and anxiety related disorders
  • Suicidal attempts
  • Treatment required for Human Immune deficiency Virus (HIV) infection
  • Treatment for Acquired Immune Deficiency Syndrome (AIDS)
  • Any health ailment resulting due to the intake of alcohol or drugs
  • Participation in adventure activities/sports such as bungee jumping, skydiving, underwater activities, mountain climbing etc.
  • Insurrection, civil war, hostilities, invasion and war-like conditions resulting in hospitalization

Benefits of Having a Future Generali Health Insurance Plan

Future Generali medical insurance plans are designed with a customer-centric approach and provide numerous benefits to cater the need of the insurance buyers. Here’s a quick rundown of some of the major advantages of buying a Future Generali Medical Insurance plan-

  1. Future Generali Medical Insurance plans cover the expenses incurred during pre and post hospitalization.
  2. The company provides a facility of cashless hospitalization in more than 4200 registered hospitals across the country.
  3. Future Generali mediclaim policies provide the benefit of lifetime renewal.
  4. Moreover, you can avail the tax benefits up to the limit of Rs. 25,000 under section 80D of Income Tax Act.
  5. Some of the Future Generali health insurance plans also cover the daycare procedures.
  6. After the completion of 4 claim-free policy years, Future Generali medical insurance plans also offer free health checks at authorized centers.
  7. The plans provide a free-look period of 15 days in which you can cancel it in case of dissatisfaction with the terms and condition of the policy.

Future Generali Health Insurance Premium Calculation

Future Generali takes into account the below-mentioned factors while calculating the premium for its medical insurance plans-

  1. Amount of the sum assured
  2. Geographical location
  3. Medical history
  4. Type of coverage
  5. Insured members
  6. Age of the insured members

You can also use Future Generali health insurance premium calculator online to know your premium.

Why Should You Buy a Future Generali Health Insurance Plan?

The application process is very simple and hassle-free. Moreover, the plan can be purchased through online and offline channels. You can either buy the policy online by visiting the company’s website or can call the sales helpline number of the company and seek guidance from customer service representatives.

However, here is the list of advantages of buying a Future Generali mediclaim policy-

  1. Quick turnaround time– Usually, the approval for cashless claims is given in 90 mins. And if you submit all the documents in time then reimbursement claims are also settled within 14 working days
  2. Family discount-You can avail a family discount of 10 percent if more than one member is insured.
  3. Grace Period-You don’t need to worry in case you forget to timely renew your medical insurance policy. Future Generali offers a grace period of 30 days from the policy expiry date.
  4. Portability– You can easily port out your previous policy and opt for a Future Generali medical insurance plan.
  5. Free Look Period– There is a free-look period of 15 days. In case of dissatisfaction, you can cancel your policy and get a refund during this period. Provided you have not made any claim.
  6. Free Medical Check-up Facility– Avail free health check-up facilities at their registered diagnostic centers after 4 consecutive claim-free years.

Documents Required for Future Generali Health Insurance Claims

Following documents are required a Future Generali medical insurance claim-

  • Claim form
  • Investigation reports such as MRI scan, blood and X-ray reports)
  • Hospital receipts/bills/invoices from the hospital
  • Details of the treatment
  • The discharge summary from the hospital
  • Doctor prescriptions
  • Chemist bills
  • Other documents ( if required)

Future Generali Health insurance FAQS

Q1. Can I avail cashless treatment if I buy a Future Generali mediclaim policy?

Yes, you can avail cashless treatment any more than 5000 hospitals across India.

Q2. Is there any free-look period?

Yes, the insurer provides a free-look period of 15 days. If you are not satisfied with your policy, you can cancel it during the free-look period.

Q3. Is there any special Future Generali medical insurance plan that covers critical illnesses?

Future Generali Criticare Plan is specially designed to cover 12 specified critical illnesses. The plan provides a lump sum benefit of Rs. 1 lakh to 50 lakhs.

  1. The 12 critical illness covered under the policy are:-
  • Cancer (Specified severity)
  • First Heart Attack (Specified severity)
  • Coma (Specified severity)
  • Bone marrow/major order transplantation
  • Kidney failure which requires regular dialysis
  • Total blindness
  • Liver failure
  • Primary pulmonary hypertension
  • Surgery of aorta
  • Open chest bypass surgery (Coronary artery bypass graft)
  • Multiple sclerosis
  • Stroke leading to permanent symptoms

Q4. What if my policy expires, will I be able to renew it?

The company offers a grace period of 30 days from the policy expiration date. During this period you can renew the policy with ease.

Q5. Which plan should I buy for my family?

You can buy Future Health Suraksha Family Plan to get insurance cover for your loved ones.

Future Generali Health Suraksha Family Plan is sub-categories into three categories i.e. basic, silver and platinum according to the benefits provided.

The policy waives off the medical test up to the age of 45 years, provided the insured have a clean medical history. Above 45 years of age, medical tests are compulsory and 50% of the test charges are reimbursed to the insured.

After continues renewal of 4 policy years, the plan provides coverage for any pre-existing diseases.  Hospital cash benefit is only offered under the platinum plan.

Q6. What are the special features of Future Health Surplus Plan?

You can use it as a top-up plan that covers hospitalization expenses incurred due to an illness/accident. Whether you have a mediclaim policy or not you can opt for this plan. Here are some of the special features of this plan-

  • The minimum entry age of the policy is 90 days to 5 years if both the parents are covered under this plan. 6-18 years is one of the parents is covered under this plan
  • The maximum entry age of the policy is 65 years
  • There is no maximum age limit for policy renewal
  • Portability is allowed where the insured can switch to a similar plan within the same insurer

Q7. Are there any tax benefits of buying a Future Generali Mediclaim policy?

You can avail tax benefit on premium paid under section 80D of Income Tax Act.

Q8. What is the eligibility criterion to buy a Future Generali Criticare Plan?

The criteria’s to buy a Future Generali Criticare Plan are listed below-

  • Entry Age- 6 years to 65 years
  • Policy Tenure – 1 year
  • Renewability- Lifelong
  • Premium Payable- It is paid in lump sum and depends on the chosen sum assured amount and the age of the policyholder.
  • Premium Loading- 10%-25% for renewals for individuals above 65 years
  • Premium Discount- Discount of 5% -50% is applicable on family floater health insurance plan basis depending on the age of the policyholder.
  • Sum Assured: Rs. 1Lakh to Rs.50 Lakhs

Q9. What is the benefit of buying a Future Hospicash Insurance Plan?

Future Generali Hospicash insurance plan provides a cash benefit to you in case of hospitalization. There are 4 variants of this plan –

  • Plan A- It offers hospitalization allowance of Rs.500 and ICU allowance up to Rs.1000 for 10 days.
  • Plan B- It offers hospitalization allowance of Rs. 1000, ICU allowance of Rs.2000 for limited 10 days.
  • Plan C- It offers hospitalization allowance of Rs. 2,000, ICU allowance of Rs.4000 for limited 10 days.
  • Plan D- It offers hospitalization allowance of Rs.3000, ICU allowance of Rs.6000 for limited 10 days.

Q10. Is there any discount on getting insurance for more than one member?

You can avail a family discount of 10 percent if you buy Future Generali medical insurance for more than one member.