Term Insurance 2173 views November 21, 2019

Future Generali Term Insurance

Buying term insurance in India is not difficult at all. However, choosing a good insurance company to buy the plan from becomes a bit of a challenge. This is because there are many top life insurance companies in India and finding the best from the lot can get confusing. Among all the good insurers is Future Generali Life Insurance. The Future Generali online term plan is excellent and comes loaded with exciting features. Let us find out more about them in the article below.

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Benefits of Future Generali Term Insurance Plan

To begin with, here is a look at some of the handiest uses of the Future Generali online term plan:

Extensive Coverage

The coverage offered on the FGLI term insurance policies is very comprehensive and extensive. Once you buy such a life cover, your family is guaranteed of having all the financial resources they need if you die unexpectedly. They can carry on with their lives without having to worry about their financial safety.

Low Cost

The Future Generali online term plan is priced economically. This is why it becomes easy for you to not just buy a term life cover from FGLI, but also pay the premium easily and on time. The term cover is wholesome and affordable, making it a great choice for everyone.

Helpful Insurance Provider

Future Generali, unlike many others, is not an insurance company who ignores their customers after a plan is sold. The company is one of the top life insurance companies in India 2021 mainly because of the customer support it offers. You can get all kinds of assistance related to the term insurance plan. You can reach out to the customer support executives over phone, chat or email.

Easy Claim Process

The FGLI claim process is very simple. At a difficult time when your family needs to make a term insurance claim, they would not be faced with complicated procedures and steps. The insurance company is also very helpful at such a time, making it easy for the nominees to get the claim.

High Claim Settlement Ratio

FGLI sells its Online Term Insurance Policy Plan with their Claim Settlement Ratio figures on display. There is no discreteness here and the healthy claim settlement ratio of 93% is for everyone to see. When an insurer has such a good claim settlement ratio, you are assured of having a good life cover with them.

Plans Available Online

Last but not least, the Future Generali online term plan is easily available online. You can save a lot of your time, effort and money when you purchase term insurance online. The plans are cheaper than their offline counterparts and can be bought with just the click of a few buttons.

As you can see, the Future Generali online term plan has many benefits. You can think about buying such a plan if you are looking for the best term insurance policy in India.

How to Buy Future Generali Term Insurance Plans Online?

As mentioned above, the Future Generali online term plan is available online. The process to buy the online term insurance plans is very simple. Here is a lowdown for you to understand the steps:

  1. Visit the Future Generali website or mobile app
  2. Select the type of life insurance plan you want to buy
  3. Enter basic details about yourself such as your name, age, income, phone number, email ID and employment status. Also, mention whether you smoke or not.
  4. You will see different quotes of all the term insurance plans on offer.
  5. Compare life insurance quotes
  6. Choose the type of coverage you want
  7. Add the riders, if needed
  8. Click on the button and proceed to the payment gateway
  9. Enter your personal details, including your parents’ names address, PAN number
  10. Make the payment and the policy gets issued

The process to buy term insurance online is very easy, thanks to Future Generali’s modern and advanced digital platform. You can get a term life insurance coverage at any time while sitting comfortably at home. Make use of this benefit and secure the financial well-being of your loved ones by buying a comprehensive life cover for yourself.

Types of Future Generali Term Insurance Plans

It is very easy to buy term insurance online, but to make life cover effective, you need to choose the most suitable plan. There are different types of  FGLI online term plans available, but not every plan may suit you. You, therefore, need to go over the features and covers available under each plan to know which one would serve you the best. Some of the good options to choose from are the following-

Future Generali Flexi Online Term Plan

The plan offers a lump sum payment upon the death of the insured. You can also choose payout options like fixed income or increasing income. The plan provides a cover of up to 75 years and has lower premiums for women.

Future Generali Express Term Plan

The express term life is a more wholesome term plan that you can opt for. Apart from the standard life cover, the plan also offers extra life cover option (doubles the sum assured in case of death due to an accident) and critical illness cover.

Future Generali Care Plus

This is another standard term insurance plan that you can buy if you are aged between 18 to 65 years. The policy offers a rebate for non-smokers.

Future Generali Term Plan with Return of Premium

If the policyholder survives the duration of the policy, this plan would return all the premiums paid to date. The policy term ranges between 10 to 35 years, and you can choose to pay the premium between 10 to 15 years.

Future Generali POS Term with Return of Premium

Should a policyholder outlives the policy, this term plan would return all the premiums paid to date. The policy term ranges between 10 to 35 years, and you can choose to pay the premium between 10 to 15 years.

Compare life insurance plans and choose the suitable plan for you. This will allow you to have the most effective term life insurance cover.

How to Calculate the Premium of Future Generali Term Insurance Plans?

In a few simple steps, you can calculate the premium of the Future Generali Term Insurance Plan you want. Here are the steps –

  • Visit the official website of Future Generali Life Insurance
  • Click on the ‘Calculate Premium’ tab
  • Scroll to Term Insurance Plans placed on the left side to see the plans and the ‘Calculate’ button under each of them
  • Click on that button for the plan you want
  • A quote page will appear asking you to provide a few details such as your name, age, annual income, occupation, referral code, if any
  • Also mention whether you consume tobacco or not
  • Click on ‘Get Quote’ after mentioning these details
  • Based on your details, premium quotes will appear on your screen

How to Renew the Future Generali Term Insurance Plan Online?

It’s important to renew the Future Generali Term Insurance Plan on time so that your dependents don’t face the hassles while receiving the payout in case you die during the policy term. You can pay the premium online in a few steps mentioned below.

  • Go to the official website of Future Generali Life Insurance
  • Click on ‘Customer Service’ and scroll to ‘Pay Premium’
  • Click on ‘Pay Now’
  • A page will open seeking a few details
  • Enter any of the Policy Number, Email Address or Mobile Number and Date of Birth
  • Click on the ‘Submit’ button
  • Choose from the payment options – Net Banking, Debit/Credit Card, Wallets, etc.
  • Pay the premium from the modes you choose to renew your term plan

How to Claim Future Generali Term Insurance?

Your dependents can do so by filling the claim form online, attach the required documents and submit the same to the nearest branch of Future Generali in case you die. The form is available on the website of the insurer.

Documents Required for Claiming

The list of documents may vary slightly based on the nature of death of the policyholder. Let’s check the documents across each of the death incidents mentioned below.

Death Claims

  • Death Certificate
  • Medical Cause of death certificate
  • Original Policy Document
  • Photo Identity and Date of Birth Proof of the Life Assured
  • Photo Identity and Date of Birth Proof of the Nominee
  • Documents showing the proof of nominee’s relationship with the life assured
  • PAN Card of the Nominee
  • Original Cancelled Cheque showing the name on it or photocopy of bank statement or passbook as well as its coloured image

Additional Documents Required When Deaths Happen in a Hospital

  • Discharge/Death Summary
  • Indoor Case Papers

Additional Documents Required In Accidental Death/Suicide/Murder

  • Post Mortem Report
  • Chemical Viscera Report
  • First Information Report and Final Investigation Report by Police
  • Driving License
  • Panchnama
  • Newspaper Cutting (If Any)


The term insurance plan from Future Generali Life Insurance is very well designed and help you get an adequate life cover at a low rate. The process to buy the plans is also very simple, making it uncomplicated and easy to own. Keep in mind all the points mentioned above before buying a good term insurance cover from this insurance provider.

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