- About Coverfox
Future Generali India Insurance Company Limited was established in September 2007 as a joint venture between Future Group and Generali. The main objectives of Future Generali Health Insurance Plans are to provide retail, commercial, personal and rural insurance solutions to individuals and corporates.
To be the first choice by delivering relevant and accessible insurance solutions.
Note: All information has been sourced from the official website of Future Generali Health Insurance.
The various features and benefits of Future Generali Health Insurance Policy are
|Cashless Treatment||Cashless treatment is a process where the patient does not have to pay for the hospitalization and treatment expenses. The cost of medical treatment is managed directly by the listed network hospital and Insurer/Third Party Administrator (TPA). The patient simply has to opt for a cashless settlement process.|
|Pre and Post Hospitalization Expenses||Available, depending on the variant of the health plan, the pre and post hospitalization expenses cover can vary from 60 days for pre hospitalization to 90|120|180 days for post hospitalization, respectively.|
|Ambulance Charges||For network hospitals, the minimum is Rs. 1,500 and the maximum limit is based on the actual expenses. |
For non-network hospitals, the limit varies from Rs. 1,500|2,000|5000.
|No Claim Bonus||Yes, 50% for every claim-free year to a maximum of 100%.|
|Medical check-up||Pre-acceptance medical tests are not required for all proposers up to the age of 50 years. For age 51 years and above, medical tests are mandatory.|
|Tax Benefits||Premium paid towards a health plan is eligible for tax relief as provided under Section 80D of the Income Tax Act, 1961.|
|Co-Payment||● 20% co-payment where entry age is from 60 years to 64 years. |
● 25% co-payment where entry age is from 65 years to 69 years.
● 30% co-payment where entry age is from 70 years to 74 years.
● 40% co-payment where entry age is 75 years and above.
|Reimbursement||Reimbursement or in-house cashless claim settlement (includes consultation, diagnostic tests and medications prescribed as per plan opted).|
|Flexibility||Depends on the type of health plan.|
|Sum Insured||Health Total: |
Vital Plan - 3|5|10 lakhs.
Superior Plan - 15|20|25 lakhs.
Premier Plan - 50 lakhs|1 Crore.
Accident Suraksha: Based on the monthly income of the person.
Future Arogya Bima: Rs. 2|3|5 lakhs.
Future Varishta Bimaa: Rs. 2|3|4|5|7.5|10 lakhs.
Future Vector Care: Rs. 10000|25000|50000|75000.
Future Advantage Top-up: Since this is a top-up plan, the sum insured ranges from Rs. 50,000 to Rs. 1 crore.
Future Health Suraksha: Depends on the selected plan variant - Gold, Platinum, Topaz or Ruby.
● Age between 18 years to 45 years - Sum insured from Rs. 1 lakh to Rs. 50 lakhs.
● Age between 46 years to 65 years - Sum insured from Rs. 1 lakh to Rs. 20 lakhs.
Surakshit Loan Bima: Rs. 10,000|Rs. 3 Crores
|Coverage||In-patient Hospitalisation for Medical Treatment/Sickness (includes consultation, diagnostic tests and medications prescribed as per plan opted).|
Accidental hospitalisation - 25% increase subject to maximum of Rs. 10 lakhs.
Domiciliary hospitalisation expenses - maximum up to 10% of SI.
Alternative treatments Ayurveda / Unani / Sidha / Homeopathy - reimbursement.
E-Opinion for illness / injury (Maximum 2 per policy year).
|Premium Charges||Depends on the sum insured selected under the health plan.|
|Day Care Procedures||Covered|
|Organ Donor Benefits||Yes|
|Plan Option||Health Total - This is a comprehensive health product with wider and long-term coverage. This plan comes in three variants, Vital, Superior and Premiere. All of these variants are available with individual and floater option and with Lifelong renewal facility. |
Accident Suraksha - This is a plan that takes care of your personal accident expenses. The scope of cover includes Permanent Total Disablement, Permanent Total Disablement or Temporary Total Disablement along with Repatriation and Funeral Benefit.
Future Hospicash - This plan provides cash benefit in the event you get hospitalised. It is designed to cover the incidental expenses in the event of hospitalization.
Future Arogya Bima - This is an affordable health insurance plan that covers your whole family from day 1 to 70 years thereafter till lifetime. It is available on individual & family floater basis.
Future Varishta Bima Yojana - This is a health insurance plan designed for senior citizens. It is available on individual & family floater basis and provides cover to anyone from the age of 60 years and above with continuous cover thereafter till lifetime.
Future Vector Care - This is a health insurance product which provides a lump sum benefit in case you are diagnosed and hospitalised due to serious diseases caused by vectors such as Malaria, Dengue, Lymphatic Filariasis, Kala-azar, Japanese Encephalitis, Chikungunya or Zika Virus.
Future Adventure Top-up - This is a top-up deductible health insurance plan with high sum insured options. It provides extra coverage at low premium.
Future Health Suraksha - A health insurance plan which comes in four variant - Gold, Platinum, Topaz and Ruby. All policies are available with individual and floater options as well as with Lifelong renewal facility.
Future Criticare - This is a critical illness cover plan which provides monetary benefit to take care of miscellaneous expenses in case you are diagnosed with a critical illness. You will be given a fixed sum, irrespective of your actual medical costs and other health indemnity policies.
Future Health Surplus - This is a top-up health insurance plan which enhances your existing health insurance cover with a higher sum insured over and above a deductible limit.
|Waiting Period||Pre-existing disease: |
- Compulsory waiting period: 2 years.
- Pre-existing disease - maximum liability 3rd year onwards: 50%.
- Pre-existing disease - 4th year onwards: 100%.
General waiting period:
- 30-day - fresh proposals excluding accidental hospitalisation.
- 2-year waiting period for listed conditions.
- 4-year waiting period - joint replacement and organ transplant.
The various exclusions under this policy are:
Vaccination/inoculation (Except as post-bite treatment).
Cosmetic treatments (For change of life or cosmetic or aesthetic treatment of any description), plastic surgery other than as may be necessitated due to an accident or as a part of any illness, refractive error corrective procedures, experimental, investigational or unproven/experimental treatment, devices and pharmacological regimens of any description.
Charges incurred in connection with the cost of spectacles and contact lenses, hearing aids, durable medical equipment (including but not limited to cost of instrument used in the treatment of Sleep Apnea Syndrome, Continuous Peritoneal Ambulatory Dialysis and oxygen concentrator for asthmatic condition, wheelchair, belts, crutches, artificial limbs, braces, stocking, Glucometer and the like), namely that equipment used externally for the human body which can withstand repeated use; is not designed to be disposable; is used to serve a medical purpose, such cost of all appliances/devices be it for diagnosis or treatment following discharge from the hospital.
Treatment expenses for obesity, weight control programmes, services and supplies.
The eligibility criteria will vary from one plan to another:
|Minimum age at entry||1 day|
|Maximum age at entry||None|
|Maximum renewal age||Lifelong|
|Adults||18 years to 70 years with renewability up to 70 years.|
|Children||3 years to 25 years can be covered as dependents.|
|Adults||18 to 65 years lifetime renewal option.|
|Children||6 to 25 years can be covered only if parents are insured with Future Generali.|
|Minimum entry age of Proposer||18 years|
|Maximum entry age of Proposer||70 years|
|Minimum entry age of Child||Day 1|
|Maximum entry age of Child||25 years|
|Maximum Renewal Age||Lifelong|
|Minimum entry age of Proposer||60 years|
|Maximum entry age of Proposer||Lifelong|
|Maximum Renewal Age||Lifelong|
|Minimum Age at entry||1 day|
|Maximum Age at entry||65 years|
|Adults||18 years - 70 years with a lifetime renewal option.|
|Children||90 days - 25 years.|
|Adults||18 - 65 years lifetime renewal option.|
|Children||6 years to 25 years can be covered if parents are concurrently insured with Future Generali.|
|Adults||18 years to 65 years with a lifetime renewal option.|
|Children||3 months to 25 years can be covered if parent(s) are concurrently insured with Future Generali.|
|18 years to 65 years with renewability up to 70 years of age|
The documents required to buy a Future Generali Health Insurance Policy are:
You can easily renew your existing Future Generali Health Insurance Policy by following the below steps.
To initiate the claim process, you need to intimate a claim via the following modes:
The following documents are required to be submitted.
Post submission of all the documents, Future Generali Health will verify the claim and settle the same within 30 working days or less.
Future Generali Health Insurance holds a good track record of providing the best insurance solutions to its customers. As a mark of its success, Future Generali
Health has been a recipient of the following awards:
If you are looking for insurance solutions for your entire family, Future Generali Health has a holistic range of products that will suit your needs and financial requirements.