Future Generali Bike Insurance

About 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.

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 is one of the leading insurance providers in the country and offers a large variety of insurance products to their customers. For two-wheelers, there are three basic types of insurance that you can purchase, third party insurance, standalone own-damage insurance and the comprehensive insurance plan. According to the Motor Vehicles Act of 1988, it is compulsory for every two-wheeler in India to have at least a third party insurance. If you get caught without it you can be fined Rs 2,000 and/or be imprisoned for up to 3 months. The standalone own-damage insurance is not compulsory, however, purchasing it is a wise decision. The cover will compensate the policyholder in case of a mishap for the two-wheelers damage costs in a large variety of scenarios including road accidents, theft, vandalism, natural and manmade disasters. Lastly, you can also purchase a comprehensive insurance plan. This is the most hassle-free and convenient option as it will take care of both third party liabilities and own-damage costs under a single premium.

Future Generali also offers add-on covers with their two-wheeler own-damage covers. These are optional covers that you can select according to your requirements to ensure that your two-wheeler insurance fits your needs. Moreover, these add-ons can make a significant difference during claim settlement. Make sure to check the zero depreciation cover, the roadside assistance cover, the consumables cover and the engine protect cover.

The insurance provider also offers no claim bonus with its own-damage covers for claim-free years. The reward is cumulative in nature going up to 50% in the fifth consecutive year. Moreover, you can settle your two-wheeler insurance claim instantly in a cashless manner with Future Generali or use their direct payment gateways.

Significant Points of Future Generali Bike Insurance

Disclaimer

This article is issued in general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.​