Future Generali Group Personal Accident Insurance

Future Generali Group Personal Accident Insurance Coverage:

In case of an accidental bodily injury to insured person which results in any of the events, the company will pay the following benefits-

a)    Primary Covers

  • Accidental Death
  • Permanent Total Disablement
  • Permanent Partial Disablement
  • Temporary Total Disablement

b)    Additional Covers

  • Repatriation Benefit and Funeral Expenses
  •  Accidental Hospitalization
  • Accidental Medical Expenses
  • Hospital Cash Allowance
  • Family Transportation Allowance

Sum Insuredin Future Generali Group Personal Accident Insurance:

Event

Percentage of Sum insured

Accidental Death

100%

Permanent Total loss of sight of both eyes

100%

Permanent total loss and physical separation of or the loss of ability to use one hand and one foot

100%

An arm at the shoulder joint

75%

An arm above the elbow point

70%

A hand at the wrist

50%

A thumb

25%

A leg up to the beneath knee

50%

An Index Finger

10%

Any other finger

5%

A leg up to mid thigh

60%

A leg above mid-thigh

75%

A leg up to beneath the knee

50%

A leg up to mid-calf

45%

 

*The above rates may change. Please check the policy wordings for more details.

Exclusions in Future Generali Group Personal Accident Insurance Policy:

  • Intentional Self Injury
  • Participating in motor racing or trial run as a driver, co-driver or passenger
  • Pregnancy, and childbirth, miscarriage, abortion or complications any arising out of these
  • Nuclear Energy, Radiation
  • Any expense incurred which is not exclusively medical in nature Unproven or Experimental treatment of any description
  • Under the influence of drugs, alcohol & other intoxicants
  • Loss due to child birth or pregnancy
  • Participation in felony, riots, war etc.

Fraud

The company will not be held responsibility to make any claim if it is due to fraudulent activities or supported by any fraudulent mean.

Discounts

The company offers low claim ratio Discount at the following rates on the Total Renewal. It depends upon the incurred claims ratio for the entire group insured under the Group personal Accident Policy.

Incurred Claim ratio under the Group Policy

Discount Percentage (%)

Up to 20%

25

21%-35%

15

36%-50%

10

51%-60%

5

*The above rates may change. Please check the policy wordings to get more details.