Future Generali Bike Insurance

Future Generali India Insurance Company Limited is one of the biggest insurance companies in India that was formed in 2007 after the amalgamation between Future Group and Assicurazioni Generali. Future group is a conglomerate in India that has a significant presence in the Indian retail and fashion sector. It operates so many well-known supermarket chains such as Big Bazaar, Food Bazaar, Brand Factory, Central etc. Whereas Assicurazioni Generali is one of the biggest insurance companies in Italy and among the top insurance companies in the world that offers bike insurance, car insurance and so on.

The company offers a complete range of Insurance products to customers and various enterprises that include bike insurance, health insurance, and so on. It caters to the needs of all kinds of audiences by providing Personal, Commercial & Social/Rural Insurance. It has a comprehensive range of products across savings, protection, unit-linked policies, retirement plans as well as group products. It provides superior talent to deliver bike insurance and other insurance solutions based on the needs of the customers.

Future General India Insurance Company is widely recognised and has won several awards for the type of services or products offered by the insurance company. The company has bagged ‘The Economic Times Best Brand 2020’ for multiple parameters. Future Generali India Insurance has won ‘Asia-Pacific Stevie Award (Gold)’ for its customer services. The insurance company works on three core values which are Empathy, Transparency and Tech-savviness. Future Generali strives to offer cost effective insurance solutions to its customers and best in class services to satisfy its customers.

As of the year 2019, it has successfully built a network of more than 16 lakhs customers. It has been successful in settling over 2.1 lakhs claims every year. It is operating in more than 125 locations all over the nation. Not only that, there are approximately 6,000 agents working very hard towards taking the bike insurance and other insurance plans to every corner. It has tied up with various small and medium banking institutions to increase rural insurance penetration. All the bike insurance products of the company are made with a superior combination of price and innovation.

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. The insurance company offers three types of two-wheeler insurance policy namely Third Party, Standalone Own-Damage and Comprehensive Insurance policies. A two-wheeler insurance policy is a safety net for an individual who owns/drives a two-wheeler. A two-wheeler 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.

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. 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.

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.

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.

Apart from three major types of two-wheeler insurance policies Future Generali also offers add-on covers which increase the scope of coverage of your two-wheeler insurance policy. These add-on can be opted with standalone own-damage or comprehensive two-wheeler insurance policy. Some add-on covers offered by Future Generali are Zero Depreciation, Theft or Loss of Keys, Loss of Personal Belongings, Tyre Damage, Engine Protector, Return on Invoice and Inconvenience Allowance.

Significant Points of Future Generali Bike Insurance