Future Generali Surakshit Loan Bima

In a loan health insurance plan, the insurance company pays the sum insured to the policyholder on the detection of critical illness or accidental death or permanent total disablement of the person insured. The policy provides the remaining sum insured amount after clearing the outstanding loan to the nominee or policyholder as applicable.

Future Generali Surakshit Loan Bima Policy provides the coverage so that the policyholder or their nominees can repay the loan amount without any hassle in case of accidental hazards. The policy covers the insured for listed critical illnesses, accidental death or disability or loss of job, which is an optional cover.

Future Generali Surakshit Loan Bima: Key Highlights

Coverage Offered

Future Generali Surakshit Loan Bima Health Insurance Policy covers different critical illnesses under different plan options. The policyholders may opt for a Loss of Job Cover as well. The plans are as follows:

Plan A

Under Plan A, the following are covered:

In this category, the first time occurrence of the following medical events is covered.

• Aorta Surgery
• Cancer of Specified Severity
• First Heart Attack of Specified Severity- Myocardial Infarction
• Kidney Failure requires regular dialysis
• Permanent damage due to Stroke

Plan B

Under Plan B, the following are covered:

In this category, first time procedure or first medical events, or first-time surgeries are covered for:

• Cancer of Specified Severity
• First Heart Attack of Specified Severity- Myocardial Infarction
• Kidney Failure requires regular dialysis.
• Multiple Sclerosis
• Organ Transplant
• Open Heart Replacement Surgery
• Open Chest CABG
• Paralysis of Limbs(permanent)
• Permanent damage due to Stroke

Plan C

Under Plan C, the following are covered:

In this category first time procedure or first medical events, or first-time surgeries are covered for:

• All conditions under Plan A & Plan B
• Brain Tumor(Benign)
• Coma
• Parkinson’s Disease

Plan D

Under Plan D, the following are covered:

In this category, first time procedure or first medical events, or first-time surgeries are covered for:

• All conditions under Plan C
• Aorta Surgery
• Alzheimer’s Disease
• Liver Disease (End stage)

Plan E

Under Plan E, the following are covered:

• In this category, first time procedure or first medical events, or first-time surgeries are covered.
• All conditions under Plan D
• Deafness
• Speech Loss
• Third Degree Burns

Future Generali Surakshit Loan Bima Health Insurance Policy: Inclusions

Future Generali Surakshit Loan Bima Insurance Policy provides coverage for up to 18 listed critical illnesses, accidents, and disabilities resulting from the same. If the person insured dies due to any kind of accident or gets injured, resulting in permanent total disability, then Future Generali Health Insurance pays the sum insured. Below are the conditions in which the insurer is liable to pay the sum insured amount to the person insured.

• Death of the policyholder due to accident
• In case of permanent total disability or 12 consecutive months as confirmed by the medical practitioner, which renders the policyholder unable to work
• In case of loss of both hands or feet, or one hand & one foot, such that the policyholder is rendered unemployable

Exclusions of the Future Generali Surakshit Loan Bima Health Insurance Policy

The exclusions of Future Generali Surakshit Loan Bima Policy are:

• Any treatment related to congenital disabilities
• Any treatment which is not performed by a registered practitioner
• Birth Control and hormone replacement therapy are not covered.
• Non-submission of medical proofs by the policyholder
• Self-medication by the policyholder
• The policy does not cover pre-existing illnesses.
• Suicide is not covered.

The list is only indicative, not exhaustive. All those intending to buy Future Generali Surakshit Loan Bima Policy should go through the exclusions mentioned in the policy document.

Future Generali Surakshit Loan Bima Health Insurance Policy: Features and Benefits

The features and benefits of the Plan are as follows:

• The Future Generali Surakshit Loan Bima Health Insurance Policy pays a lump sum insured in the accidental death or disability of the policyholder.
• Under fixed sum insured, the policy provider pays the sum insured after clearing the loan’s outstanding dues on the death, disablement, or detection of critical illness.
• The Plan also covers the loss of a job. It pays 3 EMIs of the loan for the loss of employment. This is an optional cover.

Eligibility Conditions

The minimum eligibility conditions to be fulfilled to buy this policy are:

Cancellation of Policy

Upon finding the terms and conditions of the policy to be unsatisfactory to the person insured, the person has every right to return the policy to the insurer at no extra cost, i.e., all the premiums paid will be returned to the policyholder after deducting nominal charges related to stamp and other taxes. The Plan can be returned within 15 days from the policy's starting date, provided that no claims are paid.

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