Future Generali Bike Insurance

Future Generali India Insurance Company is a leading insurance provider in the country and offers a wide range of insurance products such as bike insurance. A two-wheeler insurance policy is a safety net for an individual who owns/drives a two-wheeler. This type of insurance policy provides financial and legal assistance to the policyholder from the third-party liabilities or damages to the insured two-wheeler that may arise during an unforeseen event. The insurance company offers three types of two-wheeler insurance policies namely, Third Party, Standalone Own-Damage, and Comprehensive Insurance policies.

Key Features of Future Generali Bike Insurance

Features	Specifications
Future Generali Bike Insurance Claim Settlement Ratio	96.30%
Number of Network Garages	3,500+
Bike Insurance Premium Starting From	Rs. 113
Claim Settlement Assistance	24*7
Add-ons Options	Yes, available
Personal Accident Cover	Up to Rs. 15 lakhs

Benefits of Buying Bike Insurance

There are multiple reasons why you should buy bike insurance such as those listed below:

• If you are your co-passengers get injured due to any kind of mishap, you will get relevant protection with a bike insurance plan.
• Bike insurance also provides financial coverage if your bike is lost, damaged, or stolen. In all such circumstances, financial compensation is given out to you.
• With bike insurance, you can ride stress-free knowing that your bike is protected against all kinds of damages.

Types of Future Generali Bike Insurance

There are three different types of bike insurance plans that you can buy with Future Generali such as those listed below:

• Third-party Bike Insurance: Future Generali Two-Wheeler Third Party Insurance Policy provides protection against the third party liabilities that may occur during an accident or any other unforeseen event. Coverage for third-party liabilities such as bodily injuries, disability, property damage, or demise of the third party that may happen during an accident or an unforeseen event. This type of two-wheeler insurance coverage is mandatory as per the Motor Vehicles Act of 1988. If the two-wheeler owner/driver is caught without a third-party insurance policy he/she can be penalised for Rs. 2000 and/or be imprisoned for up to 3 months.
• Standalone Own-damage Bike Insurance: Future Generali Two-Wheeler Standalone Own-Damage insurance policy provides coverage for only damage to the insured two-wheeler due to an accident or any other unforeseen event. This type of insurance policy provides compensation to the policyholder for the cost of repairs/damages that may occur during an accident, theft/burglary, natural/man-made disasters, fire/explosion etc. This type of two-wheeler insurance policy does not cover third-party liabilities.
• Comprehensive Bike Insurance: Future Generali Two-Wheeler Comprehensive insurance policy provides coverage for both third-party liabilities and damages to the insured vehicle that may happen during an accident/in case an unforeseen event occurs. This policy covers third-party liabilities such as bodily injuries, disability, property damage, or demise of the third party that may happen during an accident or an unforeseen event. A comprehensive two-wheeler insurance policy is not mandatory but once purchased the policyholder does not require a third party insurance policy separately.

Why Should You Buy Bike Insurance with Future Generali?

There are many reasons why you should buy bike insurance with Future Generali such as the following:

• Instant Policy and Renewal: With Future Generali, you will instantly be able to get your bike insurance policy issued. Moreover, you can also renew your bike insurance with Future Generali in a few simple steps.
• 24*7 Roadside Assistance: Future Generali also offers 24*7 roadside assistance which means that if your bike breaks down, then you will get the necessary assistance.
• Future Express+: For a quicker and faster claim settlement, you can make use of the Future Express+ feature.
• Network Garages: Future Generali has tie-ups with over 3,500 cashless garages which makes it easier for you to get cashless bike insurance claim settlement. So, locate a nearby cashless garage and get a cashless claim settlement with Future Generali.
• Add-on Benefits: Future Generali also offers a number of add-ons at additional premiums to enhance the bike insurance coverage even more. Some of the add-ons available with Future Generali are Zero Depreciation Cover, No Claim Bonus Protector Cover, Return of Invoice Cover, etc.
• High Claim Settlement Ratio: Future Generali has a claim settlement ratio of 96.30% which means that your bike insurance claim will be instantly settled.

Inclusions of Future Generali Bike Insurance

Listed below are the inclusions of Future Generali bike insurance plans:

• Third-party liabilities
• Any damage to the bike
• Personal accident cover
• Additional Legal Liability Cover

Exclusions of Future Generali Bike Insurance

Some of the exclusions of Future Generali bike insurance plans are as follows:

• Normal, wear and tear of the vehicle
• Any loss or damage due to nuclear risk
• Any damage if the driver is riding without a valid driving license
• Any damage if the driver is riding under the influence of alcohol or drugs
• Any damage that takes place outside the geographical area specified in the policy papers

List of Add-ons Available with Future Generali Bike Insurance

Some of the add-ons available with Future Generali bike insurance are listed below:

• Zero depreciation cover
• Loss of personal belongings cover
• No claim bonus cover
• Return to invoice cover

Steps to Buy Future Generali Bike Insurance

Listed below are the steps in which you can buy bike insurance with Future Generali:

• Go to the website of Future Generali
• Click on bike insurance and enter details such as bike registration number, year of manufacture, bike make and model
• Once you enter all the details, you will be redirected to the quotes page
• Select a suitable quote and fill out the proposal form
• Pay out the premium, after which you will receive the details on your registered email id

How to Raise Future Generali Bike Insurance Claims?

In order to raise a bike insurance claim with Future Generali, here is what you need to do:

• To raise claim, you can either fill out the claim form online or call on the toll-free number 1800-220-233
• A surveyor will be assigned to inspect your vehicle
• Once the inspection process is complete, you will have to submit a few documents
• The repair process will then be started at the network garage
• In case of a reimbursement claim, you will have to pay the initial amount which will be later reimbursed. In case of a cashless claim, your bills will be directly settled at a network garage

This article is issued in general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.​