Robinhood Insurance Broker Private Limited

Future Generali - Accident Suraksha Plan

Future Generali
General Insurance

Future Generali General Insurance is a joint venture between Future Group, which owns some of the most popular retail chains in India such as Big Bazaar and Pantaloon, and Generali Group, a leading insurance company based in Italy with strong presence in Europe. Due to their retail network, Future Generali has the advantage of having easy access to a large number of customers and the company was the first to come up with the idea of selling insurance policies to customers to who visit malls. They have termed this process of selling as Mall assurance.

Contact Details

Toll Free Number- 1800- 220-233 / 1860-500-3333

E-mail: fgcare@futuregenerali.in

Product Overview -
Future Generali Accident Suraksha Plan

This policy offers compensation in the case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.

Unique Features - Future Generali Accident Suraksha Plan

Terrorism (In Built Cover): If there is an AD or PTD or PPD or TTD due to the insured person being a victim of terrorism, he shall be covered under this plan.

Hospital Cash Allowance: If the insured has claimed for Accidental Bodily Injury, then certain amount will be paid for each completed day in the hospital.

Loan Protector: A lump sum amount is paid by Future Generali in the event of accidental death or Permanent Total Disablement.

Adaptation Allowance: If there is a Permanent Total Disablement that occurs due to an accident, then compensation as mentioned in the grid will be payable.

Child Education Support: If a claim under AD or PTD is accepted for an insured person, we will pay Rs. 5000/- each towards the cost of education. (up to maximum of two children).

Accidental Medical expenses: In the event you are hospitalised due to an accident, any medical expenses incurred shall be paid as mentioned in the grid.

Eligibility Criteria - Future Generali Accident Suraksha Plan

CategoryDetails
Age Group Min Entry Age: 18 Years Max Entry Age: 70 Years
Min Entry Age: 5 Years Max Entry Age: 25 Years for Children
Renewal Age Life Long Renewal
Policy Tenure 1 Year 
Family Definition Individual & Family - Self, (Non Working Spouse - 50% of the SI, Max Rs. 10 Lacs with TTD SI Rs. 1 Lac, i.e limit Rs. 1000 per week for 100 weeks) and (Dependent Children - 25% of SI Max Rs. 5 Lacs without TTD) 
Sum Insured The sum insured is based on the monthly income commensuration and risk class:


CoverMaximum Multiplying Factor on Monthly Income
  Class 1 Class 2 Class 3
AD 144 120 96
PTD 72 60 48
PPD 36 36 24
TTD 24 24 NA

(TTD - Max SI restricted Rs. 10 Lacs for Class 1, Rs. 5 Lacs for Class 2) (Age 71 to 75 years 50% of the compensation table limits to max of Rs. 25 Lacs) (Age 76 to 80 Years 25% of the compensation table limits to max of Rs. 10 Lacs & 80 years above max Rs. 5 Lacs) (Age 71 to 80 years no gainful income, max SI Rs. 5 Lacs & above 80 Years 2.5 Lacs)

Product Benefits - Future Generali Accident Suraksha Plan

BENEFITSDETAILS
Accidental Death (AD) 100% of Sum Insured
Permanent Total Disability (PTD) 100% AD Sum Insured
Permanent Partial Disability (PPD) As per the limits specified in the table
Temporary Total Disablement (TTD) 1% (per week upto a maximum of 100 weeks or Max. Rs. 10Lac for Class 1 and Rs. 5 Lac for Class 2))
Child Education Support (Add-on Cover) As per SI opted for this benefit
Life Support Benefit (Add-on Cover) As per SI opted for this benefit
Accidental Medical expenses (Add-on Cover) 40% of PA claim amount OR 20% of SI whichever is less;
Maximum Rs. 5 Lacs
Accidental Hospitalisation (Add-on Cover) As per SI opted for this benefit
Hospital Cash Allowance (Add-on Cover) As per SI opted for this benefit
Loan Protector (Add-on Cover) As per SI opted for this benefit
Repatriation Benefit and Funeral Expenses (In-Built Cover) Upto 1% of SI; Maximum Rs. 12500 (In Built Cover)
Adaptation Allowance (Add-on Cover) Upto 10% of SI; Maximum Rs. 50000
Family Transportation Allowance (Add-on Cover) Upto 10% of SI; Maximum Rs. 50000


Add-ons - Future Generali Accident Suraksha Plan

Benefit NameDefinition
Child Education Support If a claim under AD or PTD is accepted for an insured person, we will pay a compensation as mentioned in the grid against child education.
Life Support Benefit  If claim paid under PTD, the company shall also make payment for  Life Support as mentioned in the policy schedule
Acc. Medical Expenses In the event you are hospitalised due to an accident, any medical expenses incurred shall be paid as mentioned in the grid.
Acc. Hospitalization Hospitalization expenses incurred for inpatient treatments due to an accident will be covered
Hospital Cash Allowance If the insured has claimed for Accidental Bodily Injury, then certain amount will be paid for each completed day in the hospital.
Loan Protector A lump sum amount is paid by Future Generali in the event of accidental death or Permanent Total Disablement.
Adaption Allowance If there is a Permanent Total Disablement that occurs due to an accident, then compensation as mentioned in the grid will be payable.
Family Transportation Allowance If the insured has claimed under AD or PTD, then the company shall pay for the expenses incurred for transporting a family member to the hospital, provided that the hospital is located atleast 100KM from the insured persons home.

Additional Discounts - Future Generali Accident Suraksha Plan

DiscountDescription
Family discount 10 % Family Discount will be available if more than 1 member is covered under the policy

Exclusion - Future Generali Accident Suraksha Plan

Accidental Bodily Injury that the insured meets with as listed below shall not be covered under the policy:

  • Any existing disablement prior to the inception of the policy
  • Suicide, attempted suicide
  • Serving in military, armed forces
  • Under the influence of drugs, alcohol & other intoxicants
  • Participation in felony, riots, war etc.
  • Exposure to nuclear, radioactive materials
  • Loss due to child birth or pregnancy, etc.
Please refer the policy Terms & Conditions for a detailed list of exclusions.

Claim Process - Future Generali Accident Suraksha Plan

In case you would like to know about the Claim Process or would like to register a Claim please click the link below

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