Future Generali Future Varishta Bima

Future Generali Future Varishta Bima benefits

• Sum Insured options available

  • 2,00,000
  • 3,00,000
  • 4,00,000
  • 5,00,000
  • 7,50,000
  • 10,00,000

  Policy Term

  • Minimum Policy Term - 1 year
  • Maximum Policy Term - 3 year

  Eligibility

  • Minimum entry age of Proposer: 60 years
  • Maximum entry age of Proposer: Lifelong
  • Maximum Renewal Age: Lifelong

  Family Definition

  • Insured and Insured spouse

  Pre-insurance medical examination

  • Applicable for proposal form with any medical declaration for any sum insured
  • Mandatory Pre-insurance medical examination for sum insured ₹ 7.5 L and ₹ 10 L

• Coverage description of Future Generali future Varishta Bima policy

  • Inpatient Treatment
    • Room rent, Nursing Expenses as provided by the Hospital/ Nursing Home Up to 1% of the Sum Insured per day for non-ICU room.
      • Co-payment will be applicable in case of admission in a room with rent higher than the entitled room limit.
    • Other Inpatient Expenses : Medicines & drugs, Diagnostic Materials and X-ray, Operation Theatre Charges, Consultants, Specialists Fees etc
  • Pre & Post Hospitalisation
    • From 60 days prior and 90 days post
  • Day Care expenses
    • Covers 409 procedures
  • Pre-Acceptance Medical Tests
    • No pre-insurance medical examination test is required if the Insured is up to 50 years of age, irrespective of the Sum Insured opted, subject to no medical declaration in the proposal form.
    • Mandatory Pre-insurance medical examination if the Insured is 51 years and above.
    • Insured is eligible for 50% reimbursement of pre-insurance medical tests charges, subject to policy issuance.
    • Medical Report Validity : 30 days from the day tests were done. Medical tests will be done in our empanelled diagnostic centre
  • Additional Covers
    • Road Ambulance charges, Free Annual medical check-up
  • Pre-Acceptance Medical Tests
    • Pre-insurance medical examination will be conducted on the basis of adverse medical declarations in the proposal form, age of member, sum insured opted.
    • Insured is eligible for 50% reimbursement of pre-insurance medical tests charges, subject to policy issuance.
  • Medical Report Validity
    • 30 days from the day tests were done. Medical tests will be done in our empanelled diagnostic centre
  • Family discount
    • Family discount will be applicable in case two or more family members are covered in the same policy in case of Individual Sum Insured option.
    • Long-term discount:Long-term discount up to 10% applicable in case of upfront premium payment for long term policy.
    • 10% discount if the insured produces the latest medical reports within 15 days of the tests done along with the proposal form and the proposal is accepted. This is available for Sum Insured options of ₹ 2L, 3L, 4L and 5L.
    This discount will not be applicable for further renewals.
  • Instalment Facility
    • Facility of instalment premium payment is available on monthly, quarterly and half yearly. Loadings maximum of 5% will be applicable on standard premiums as per the instalment frequency opted.
  • Co-payment
    • Co-payments shall be applicable on each and every claim on the admissible hospitalisation bill, excluding claim related to pre and post hospitalisation.
      • 50% co-payment is applicable for claim related to Pre-existing disease
      • 25% co-payment is applicable for all other claims. However the Insured has an option to waive off this co-payment on payment of additional premium.
  • Sub limits applicable for specified procedure
    • Sub limits applicable for specified procedures under this policy. Co-payment will not be applicable in case there is a claim for these specified procedures.
  • Loading on Claim experience
    • There will be no loading on premium for adverse claims experience.
  • Tax benefit
    • Premium paid by any mode other than cash is eligible for tax relief as provided under Section 80-D of the Income Tax Act

• Exclusions of Future Generali future Varishta Bima

  • External Congenital Anomaly and related Illness/ defect
  • Expenses incurred towards treatment of Illness or Injury arising out of alcohol use/misuse or abuse of alcohol, narcotic substance or drugs (whether prescribed or not).
  • Hormone replacement therapy, sex change or treatment which results from or is in any way related to sex change.
  • Injury or Illness directly or indirectly caused by or arising from or attributable to war, invasion, act of foreign enemy, war like operations (whether war be declared or not)

  Disclaimer "For the detailed list of exclusions under the policy, kindly refer to the same provided in your policy kit”