Future Generali India Life Insurance Benefits
Future Generali India Life Insurance (FGI) is a joint venture of three renowned business groups. Future Group is a leading retailer group in India operating popular retail chains like Central, eZone, Food Bazaar, etc. Generali is an established Italian group having a robust international presence. Industrial Investment Trust Limited (IITL) is a reputed investment trust company. Future Generali India Life Insurance, formed in 2007, has a significant presence in the insurance market. It offers an excellent range of life insurance and health insurance policies to its vast clientele situated across the country.
Future Generali India Life Insurance Benefits
The benefits of Future Generali India Life Insurance for your insurance requirements are as follows:
1. Range of Exciting Insurance Options: Future Generali India Life Insurance offers exciting options through its varied range of life insurance policies. You can choose from term insurance to endowment policies. Child plans help you to secure your child’s future, even in your absence. You have an enticing bouquet of retirement and savings plans to choose from to secure your family's future. Health insurance policies provide financial security against rising healthcare costs.
2. Easy to Apply and Service: Future Generali India Life Insurance offers the facility of purchasing life insurance products online. You can also pay your premiums and renew the policies online.
3. Customer-Friendly Claim Process: Future Generali India Life Insurance is one of the best in the business as it offers customer-friendly claim procedures. Besides, the company boasts of an excellent claim settlement ratio of 95.28% for 2019-20.
4. Security of Your Premiums: The group has substantial financial backing of more than Rs 4,347.50 crores worth of assets under management. Hence, your future generali premium payments are secure.
5. Availability of Useful Riders: Future Generali India Life Insurance offers good riders like accidental death and total or permanent disability riders to its policyholders at a nominal cost.
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FAQs
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What types of riders do Future Generali India Life Insurance policies offer?
Future Generali India Life Insurance policies offer beneficial riders like accidental death and total or permanent disability coverage.
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Does Future Generali India Life Insurance offer facilities for calculating the insurance premium?
Future Generali India Life Insurance offers facilities of calculating the amount of life insurance premium, depending on your income levels, age, and existing as well as future obligations.
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What is the fundamental difference between Future Generali India Life Insurance term policies and endowment policies?
Future Generali India LifeTerm insurance policies offer large sums assured for nominal premiums but do not have a maturity amount. Endowment plans offer a lump sum amount at the maturity of the life insurance policy. It also provides life cover until the maturity of the plan.
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What is the unique feature of the Future Generali India Life Insurance health policy?
Future Generali India Life Insurance also offers cancer coverage to people who smoke.