Future Generali Health Absolute Policy
Future Generali Health Absolute is a comprehensive health insurance product that is specifically designed to empower policyholders in actively managing their health and leading a healthy lifestyle. You may cover the physical and mental health of up to 15 members of your family, irrespective of their ages.
The plan encourages clients to adopt healthy habits on a regular basis to maintain holistic health in addition to meeting their needs for a comprehensive product. This solution meets practically all healthcare needs, from improved mother and child care to wellness and value-added services, which are the product’s USPs. The plan comes in three variants: Classic, Platinum, and Signature.
Let’s discuss the plan in detail!
|Minimum Entry Age|
Child: 1 Day, Adult: 18 Years
|Maximum Entry Age|
Child: 25 Years, Adult: No Limit
Classic: Rs. 3/5/10 Lakhs
Platinum: Rs. 15/20/25/30/35 Lakhs
Signature: Rs. 50 Lakhs, Rs. 75 Lakhs, Rs. 1 Crore
|Policy Term||1/2/3 Years|
Key Frames Of Future Generali Health Absolute
The plan pays for the following costs:
|Hospitalization Medical Expenses||Up To Sum Insured|
|Pre-Hospitalization Expenses||60 Days|
|Post-Hospitalization Expenses||90 Days||120 Days||180 Days|
|Daycare Treatment||Up To Sum Insured|
|Newborn Baby Expenses||NA||Covered||Covered|
|Pre-Natal Hospitalization||30 Days||60 Days||90 Days|
|Post-Natal Hospitalization||45 Days|
|Organ Donor Expenses||Up To Sum Insured|
Maximum Up To Rs. 50,000 Per Policy Year
Lifetime Indemnity Limit
Of Rs. 1,00,000
Maximum Up To
Rs. 1,00,000 Per Policy
Year Lifetime Indemnity
Limit Of Rs. 2,00,000
Patient Care (Above
60 Years) – Per Day
|Up To Rs. 350 Per Day||Up To Rs. 500 Per Day||Up To Rs. 1000 Per Day|
|Home Healthcare Expenses||Covered|
|Alternative Treatments||Covered On Reimbursement Basis Only|
|Medical Treatment Abroad||NA||NA||Covered After Waiting Period Of 4 Years|
|Road Ambulance Cover||Rs. 1500 Per Hospitalization||Rs. 2000 Per Hospitalization||Rs. 5000 Per Hospitalization|
|Emergency Medical Evacuation||AN||Covered||Covered|
|Child Vaccination Benefit||NA||NA||Rs. 5000 Per Year|
Upsides Of Future Generali Health Absolute
Here are some of the plan’s advantages:
In case no claims are made by the policyholder or reported by the company, the plan will offer a 50% cumulative bonus for every policy year, subject to a maximum of 100% of the sum insured. The cumulative bonus accrued will be lowered if a claim is submitted in any given year at the same rate at which it has been accruing.
Restoration Of Sum Insured:
The plan will once per policy year restore the Sum Insured on an indemnity basis if the Total Sum Insured, including earned No Claim Bonus (if any), is insufficient as a result of claims made or accepted as receivable during the policy year.
The plan will exceed the voluntary deductible amount on an aggregate basis for all claims made under the policy, with the exception of claims other than OPD treatment and wellness benefits, including claims related to any illness. This is the case if a voluntary deductible has been chosen and is in effect under the policy. In cases where co-payments are required, they will be added to the admissible claim amount after any applicable voluntary deductible has been applied.
The plan comes with the following discounts for the policyholder:
- Individual SI Option: 10% Family Discount
- Renewal Discount: When a policy is renewed, any reward points earned under the wellness benefit that has not yet been used will be applied as a renewal discount in the premium.
- Long Term Discount: For 2 Years: 7.5%; For 3 Years: 10%
The insured person will be qualified for “Wellness Benefits” under the terms of the policy, which include value-added services and wellness reward points. These services might be obtained using the FG Insure App and will be provided by the company’s wellness partner. The wellness benefits are available to all insured individuals over the age of 18.
The plan also offers e-opinions in respect of illness or injury. This means the plan pays for the online consultations required due to an illness or injury.
Future Generali Health Absolute Premium
You might be curious about the cost of the Future Generali Health Absolute plan before deciding to purchase it. Although you may calculate the premium for the same on the company’s official website, we have also computed the cost of the plan based on the various alternatives for the sum insured. This will provide you with a good sense of the rate of the plan.
Rs. 3 Lakhs
Rs. 15 Lakhs
Rs. 5 Lakhs
Rs. 20 Lakhs
What’s Not Covered Under Future Generali Health Absolute?
Let’s take a look at the exclusions under the plan!
- Disease or injury brought on by fighting or combat actions
- Circumcision, if not required
- Vaccination (except as post-bite treatment)
- HIV/AIDS and other sexually transmitted disorders
- External congenital disorder or any illness or impairment that is associated
- Direct or indirect use of nuclear weapons or materials that results in injury or disease
- Non-prescription drugs
- Sex-change therapy or hormone replacement therapy
- Items for convenience and comfort
- Dental treatment unless requiring hospitalization
- Medical practitioner’s home visit fees
- Intentional harm to oneself
Frequently Asked Questions
Yes. The insured has at least 15 days from the date of receipt of the policy to study the terms and conditions and return the policy if necessary.
If the policyholder is below 50 years of age and has chosen the Classic variant, then there is no requirement for medical examination. However, if he/she is above 50 years of age and has chosen the Classic variant, a medical examination is required. For the Signature and Platinum plan variant, the policyholder needs to undergo a medical examination irrespective of his/her age.
Yes. The plan comes with the following waiting periods:
- Initial Waiting Period: 30 Days
- Waiting Period For Listed Conditions: 2/3 Years
- Pre-Existing Disease Waiting Period: 2 Years
Yes. The plan covers bariatric surgery for up to 50% of the sum insured.
You can take a maximum of 2 e-opinions per policy year.