Future Generali Car Insurance

Future Generali car insurance offers tons of benefits such as fast and hassle-free claim settlement process, instant policy issuance, accidental towing facility within the city limits, around 2500+ cashless garages, etc. Additionally, Future Generali’s comprehensive car insurance policy provides personalized services, such as the Future Express Claim Facility. It also offers a range of additional covers such as tyre damage, NCB protection, loss of personal belongings, zero depreciation, theft or loss of keys, at just a nominal premium. This company ensures your car’s security against theft as well as damage from road accidents. Their online services to buy car insurance and renew a car insurance policy are as easy as a pie. With its additional protection, Car Insurance Policy by the company wins the heart of many!

• Cashless claim network: This company has more than 2500 cashless network garages.
• Towing facility: Offers towing facility within city limits only.
• Renewal reminders: Offers excellent and timely renewal reminder service without fail.
• Quick surveys: Offers quick claim survey.
• 24 hours service: Offers 24*7 claim assistance service.
• In house claim settlement: Offers quick and hassle-free claim settlement services in 7 working day.
• Instant policy: Offers instant policy with cashless or direct settlements.
• Add-ons: This Company offers essential add-ons for your car at an affordable cost. These add-ons enhance your basic car insurance. They are bi-fuel system, electrical & electronic accessories, personal accident etc.
• Cashless claim network Discounts: This Company offers amazing discounts on premium like No claim bonus, Transfer of NCB, Voluntary Excess discount, Automobile Association Membership discount, Anti-theft devices discount etc.

In India, as per the Motor Vehicles Act of 1988, it is compulsory that every vehicle being driven on the road be insured. This car insurance is classified as third-party car insurance and comprehensive car insurance. Though third-party car insurance is mandatory by law, buying a comprehensive policy is only as per one’s wish. However, why be troubled when you can easily analyze your own needs and choose the right cover for your car?

Let’s find out some of the important reasons to insure your car with Future Generali Car Insurance:

• Covers for any damages/losses caused to the third party.
• Offers free roadside assistance kit.
• Offers personalized service and enhanced touched points to ensure hassle-free, smooth and quick claim settlement process by Future Xpress & Future Xpress + Claim process.
• Provides comprehensive coverage for your car.
• Protects your car against theft, natural calamities, etc.
• Provides complete peace of mind through stress-free rides.
• Offers in-house team of professionals providing specialized advice who helps to settle your claims in 7 working days.
• Offers quick and hassle-free claim settlement services.
• Has a network of more than 2500 cashless garages across the country.

When buying an insurance policy for your car, you need to take into account several factors and most importantly your needs and requirements. There are many policies available today, and thus, choosing the right one can be a tough decision. A wrong decision can lead to many problems later on, and thus, being careful is essential. Let's see what Future Generali Car Insurance offers:

Third- Party liability insurance

• This policy covers the liabilities to the third party in case of an accident. The liability coverage goes for accidental death, physical injury and/or the damage to vehicle and property.
• This plan also includes personal accident coverage for the owner-driver as well.
• Unlimited coverage is provided for death or injury of third party while up to Rs.7.5 Lakh are covered for property damage.

Comprehensive Coverage (Own Damage)

This is the comprehensive policy by Future Generali Car Insurance and covers a wide range of scenarios. In addition to the third party coverage, this package plan also covers the insured car and its owner from the following damages caused by:

• Natural calamities like floods, inundation, typhoon, cyclone, hurricane, storm and hailstorms
• Landslides and rockslides
• Earthquake (both shock and Fire)
• Fire, self-ignition, lighting or explosion
• Terrorist and Malicious activities
• Strikes and Riots
• House breaking, burglary and theft of car

Personal Accident Cover

• In traumatic and unforeseen situations like an accident, having a personal accident insurance would act like an income replacement
• The personal accident cover is available from the amount ranging from Rs.10, 000 to Rs.2 lakh maximum (in the multiples of Rs.10, 000)

Additional Legal Liability

You may opt for the below additional legal liabilities along with an additional premium

• Paid driver/cleaner/conductor/ employed in operation of the car
• Non-fare paying passengers
• Employees travelling in/driving the car other than the paid driver

Your Future Generali Car Insurance covers the below:

• Loss or damage caused by natural calamities
• Total Loss because of fire, explosions or an act of terror
• Total loss because of theft
• Personal accident cover which could include passengers also
• Own-damage cover
• Third-party liability cover

Apart from the regular coverage, some additional coverage could be included in the plan with some extra premium. These add-ons enhance your basic car insurance plan.

Future Generali Car Insurance offers 2 options to their customers for car insurance plans.

Future Express- This facility is suitable for the customer’s whose top most priority is repairs, reduced cost and excellent tailor-made service.

Future Express +- This facility is suitable for customer’s whos top most priority is instant loss assessment, choosing the garages of their choice and claim finalization

Future Generali India car insurance also offers insurance add-on covers with 3 different pre-defined bundles. These are mentioned below:

• Silver- Offers add-on covers like Depreciation Cap, IDV and Consumables add-on covers.
• Gold - Offers add-on covers under the Silver bundle. Additionally also offers Personal Accident, Loss of Personal Belongings and Loss of Keys add-on covers.
• Platinum - Offers add-on covers under the Gold bundle. It also offers add-ons like Inconvenience Allowance and Personal Liability add-on cover.

Below is the list of the add-ons offered by Future Generali Car Insurance with a detailed description:

Zero Depreciation cover- This add-on cover offers depreciation waiver on metal and plastic parts in case of partial loss/claim. This cover ensures you the entire claim amount without deducting the depreciation on the parts that are replaced.

Inclusion:

• All plastic parts without depreciation.
• All metal parts without depreciation.
• The entire amount of all the parts of the car that requires replacement are compensated in full

Exclusion:

• The amount of total deductible mentioned in the policy schedule.
• Any damage caused due to mechanical breakdown and any uninsured peril.
• Any damage caused to items that are uninsured as per the policy wordings like accessories and bi-fuel/gas kit.
• Any claim raised for theft of parts and/or accessories.
• Any claim made under Self Authorization Mode.

Passenger Cover- This type of add-on cover safeguards the passengers travelling in the car financially against death or disability due to an accident. This cover ranges from as low as Rs.10, 000 and can go higher up to Rs.2 lakh ((in the multiples of Rs.10, 000). Therefore, the payout differs as per the nature and intensity of the injury

Personal Accident Cover- This is an add-on cover where the paid driver as well as the owner of the vehicle is covered. If the owner driver of the car meets with an accident, 100% claim is offered in case of death or disability to the limbs

Key Protector Cover- In case the keys of your insured car are lost/ misplaced or stolen, then the expenses would be borne by this add-on including the labour costs.

Inclusion:

• Offers coverage for expenses incurred to the stolen key, lock and lockset in case of theft
• Offers free transportation to nearest network garages in case of loss or theft of your car key
• Offer compensation amount of Rs.50, 000

Exclusions:

• Offers coverage for 2 replacements during the policy period
• Mandates FIR in case of burglary or theft
• Mandates to deposit the duplicate keys in case of lost or stolen cases of the keys

Loss of baggage cover- This add-on helps you reimburse the loss of baggage in the car without affecting the no claim bonus.

Inclusions:

• Offers coverage to the bag that has been damaged or destructed in an accident of during theft of the insured car.
• Offers coverage for the content that is personal in nature in the baggage in the insured car. The items such as shoes, belt, clothes, toiletries etc. are covered in a secured bag.
• Offers coverage if the insured car is being driven only in India during the loss.
• Offers a compensation of Rs.50, 000 in case of loss of personal belongings from the car.

Exclusions:

• The amount of total deductible mentioned in the policy schedule.
• Electronic devices or items like cell phones etc.
• Money, credit or debit cards, documents, securities, stamps, tickets, vouchers
• Jewellery, including but not limited to watches, diamonds, precious or semi-precious stones
• Any goods or samples carried in connection with any trade or business.
• Baggage whilst being conveyed under a contract of affreightment or a contract of carriage.
• Tools and equipment’s.
• Cracking, scratching or breakage of fragile articles
• Baggage of a consumable nature.
• Faulty material, faulty workmanship or latent defect.
• Wear and tear, loss of use or value.
• Leakage, spilling or exuding of liquids oils or material of like nature or articles of dangerous or damaging nature.
• Any goods or samples carried in connection with any trade or business.
• Baggage whilst being conveyed under a contract of affreightment or a contract of carriage.
• Tools and equipment’s.
• This cover is available only for new vehicles and vehicles up to 3 years old that are currently being manufactured and are not obsolete.
• Articles or clothes whilst being worn on the person or being carried on the person.
• Damages due to insects or vermin, moths, rodents, moulds and mildew.
• Articles that were earlier not a part of the baggage when the journey began and those that were not declared
• Doesn’t offer coverage for loss, destruction or damage to the baggage discovered more than 30 days after its occurrence

Medical expenses cover- This add-on offers medical expenses for the driver in the car and if there are other passengers in the car at the time of incident

Personal Liability Cover- This add-on offers a coverage of Rs.5 lakh only for the registered owner.

IDV cover- Offers coverage to IDV that is the insured declared value along with the registration and road tax and insurance. This is the most useful add-on cover offered by Future Generali Car Insurance Company.

Inconvenience Allowance- In case of your car breakdown, this add-on offers you daily cash benefit when your car is being repaired. If your car is in repairs for a valid claim, Future Generali offers you a daily cash allowance for hiring another transport and if the repair takes more than a day.

Inclusions:

• Offers daily cash allowance of Rs.3,000 for 15 days for making alternative arrangements of transport.
• Doesn’t offer coverage for any other benefit under this cover.

Exclusions:

• If the claim is invalid you won’t be eligible for the daily cash allowance for hiring another transport.
• Offers coverage only for new vehicles and vehicles that are up to 3 years old that are not outdated or are still being manufactured.

• Installation of security devices: If your car is fitted with ARAI approved anti-theft devices, you are eligible for an additional discount up to 2.5% on your own-damage premium.
• No claim bonus: Future Generali Car Insurance offers you a NCB discount on your own-damage premium for every claim-free year .It starts with 20% for the first year and can go as high as 50% over 5 consecutive claim-free years. The best part is you can retain this discount, even if you wish to sell the current car and purchase a new one.

The following table shows the NCB grid:

• Membership of AAI: If your car is a member to any of the recognized Automobile Associations of India then can fetch you an extra discount
• Transfer of No claim bonus: Future Generali offers you to port all your benefits of No claim bonus if you wish to insure your car with another car insurance company
• Voluntary discounts: A deductible is nothing but an amount that you need to pay out during an accident or mishap. This deductible plays a major role in determining the car insurance premium. Higher the deductible, lower would be your car insurance premium. If you know you are a safe and responsible driver, opt for a higher voluntary deductible. This will help in getting the cheapest car insurance

Future Generali Car Insurance Company would not admit claims under the below exclusions:

• Normal Wear and Tear and Electrical or Mechanical Breakdowns.
• Damage to Tyres (unless vehicle also damaged).
• Driver without a Valid Driving License.
• Driving under the influence (DUI) of intoxicants such as liquor or drugs.
• When the vehicle is used for any illegal purpose.
• Usage outside geographical limits.
• Vehicle is used for Hire or Reward, Carriage of Goods, Organized Racing, Pace Making, Speed Testing, Reliability Trials.
• Nuclear Wars and Perils.

For Comprehensive Claims:

• Website: www.general.futuregenerali.in
• Toll free number: 1800-220-233/ 1860-500-3333
• SMS: MOTORCLAIM to 9222211100
• Indiabulls Finance Centre,
• Tower 3, 6th Floor, Senapati Bapat Marg,
• Elphinstone (W), Mumbai - 400 013.

For Theft Claims

• Policy copy
• Claim intimation form
• Claim form
• RC book copy
• Driving license copy
• FIR
• Sales invoice
• Tax receipt
• RTO report
• Transfer papers
• Final report
• Indemnity bond
• Subrogation letter
• Photo identity and address proof of the owner

For Third-party claims

• Duly filled and signed form
• Policy copy
• Driver’s license original
• FIR report
• Notice from the court
• RC book and all other documents in original
• Photo identity and address proof of the owner

Step-by-step claim process is mentioned below:

a) In case of an Accident

• Immediately contact Future Generali Car Insurance on their toll-free number or by visiting their nearest branch office.
• Lodge a claim by filling in the duly signed Claim Form by the insured.
• Copy of Driving License, RC book, Policy document along with the original documents needs to be submitted.
• FIR report also needs to be submitted if required (Kindly note down, contact details of people and vehicle number involved in accident).
• Original Repair Bill in case of a reimbursement claim is required.
• In case of cashless service submit only the Invoice receipt.
• In case of reimbursement provide estimate bill, original invoice and payment receipt.
• Give a brief description of the loss or damage for the car.
• Mention the details of the persons suffered injuries due to the accident or died in the accident.
• Photographs of the damaged vehicle needs to be submitted.
• Take appointment with the surveyor and take your vehicle to any of Liberty Car Insurance authorized network garages for repair, for cashless service. Submit the require documents to the surveyor.
• The Company would confirm the liability.
• In case you opt for cashless facility, the company will settle the repair bills directly with the garage up to the amount payable. But in case you do not opt for cashless facility, you have to pay for the repair charges and then submit the bills with claim form to the surveyor/company for settlement.

b)In case of vehicle Theft

• Immediately contact Future Generali Car Insurance on their toll-free number or by visiting their nearest branch office. You may also write an intimation letter to Future Generali ’s registered office via post or courier.
• Lodge a claim by filling in the duly signed Claim Form by the insured.
• Copy of Driving License, RC book, Policy document along with the original documents needs to be submitted.
• FIR report also needs to be submitted if required.
• Photographs of the vehicle needs to be submitted.
• Submit the NOC given by the financer for total loss and theft.
• Submit the Power of Attorney or Subrogation in case of total loss.
• Submit the discharge voucher.
• Set of the car keys.
• Submit the indemnity bond.
• Original Repair Bill in case of a reimbursement claim is required.
• Duly signed Form 28, 29, 30 and Form 35.
• Final confirmation with “No Trace Report” of the insured vehicle from the police.
• The Company would confirm the liability and settle your claim.

In case of Third Party Claims

• Immediately contact Future Generali Car Insurance on their toll-free number or by visiting their nearest branch office. You may also write an intimation letter to Future Generali ’s registered office via post or courier.
• Lodge a claim by filling in the duly signed Claim Form by the insured.
• Copy of Driving License, RC book, Policy document along with the original documents needs to be submitted.
• FIR report also needs to be submitted if required.
• Take appointment with the surveyor and take your vehicle to any of Future Generali Car Insurance authorized network garages for repair, for cashless service. Submit the require documents to the surveyor.
• The Company would confirm the liability.
• In case you opt for cashless facility, the company will settle the repair bills directly with the garage up to the amount payable. But in case you do not opt for cashless facility, you have to pay for the repair charges and then submit the bills with claim form to the surveyor/company for settlement.

You should be proud of your choice and value your money spent to buy your dream machine. But, you can only achieve this by buying the best car insurance along with the worthy add-ons that would protect your investment on a long run. With the help of Future Generali Car Insurance Company’s add-on covers, you enhance the protection offered to your prized possession. With the strong network of the empaneled garages, Future Generali helps you to ease out your finances by offering excellent cashless claim services. Not only this, but the amazing discounts offered also gives your pocket a relief by saving on car insurance premiums.