Future Health Suraksha Personal Accident Insurance: Coverage, Claim & Renewal

Updated: 07-02-2019 07:32:26 AM

Accidents are momentary incidents that can leave permanent damage to you and your loved ones. When it comes to lifelong happiness, safety and future of your family, it is not wise to leave things on luck. While accidents can’t be predicted and protected from, what we can do is be prepared for them. With Future Health Suraksha Personal Accident Insurance, you can at least take care of your finances.

What is Future Health Suraksha Personal Accident Insurance plan?

 

This plan by Future Generali makes sure that the expenses incurred in treatment of accidents or to overcome the consequences of the same do not drill gaps in your budget. Because of course, money is not everything, but for sure it doesn’t hurt to safeguard it at times of dire need. Let’s look at the detailed version of what this plan is all about.

Eligibility Criteria

 

Particulars	Details
Entry Age	Adults: 18 to 70 years Children: 3 months to 25 years
Renewal	Lifelong
Policy Term	Minimum: 1 year Maximum: 3 years
Maximum Sum Insured	144x the monthly incomes of the policyholder

 

What all Future Health Suraksha Personal Accident Insurance covers?

The scope of coverage provided by this plan of Future Health Suraksha Personal Accident is mentioned below:

• Permanent total disability, permanent partial disability, temporary total disability & death arising due to an accident including disappearance and drowning
• Special conditions like coma, accidental head injury, burns, etc.
• Repatriation Benefit (expenses incurred in transportation of the body of deceased back to their homeland) along with Funeral Expenses; this amount comes to a maximum of 1% of the accidental death sum insured
• In case of hospitalization, the charges incurred at the hospital and other medical expenses will be covered up to a maximum limit of Rs.10 lakh
• Also, if the hospitalization lasts for a longer duration, payment will be provided according to the defined limit for up to 30 days according to the policy period
• In case of disability, adaptation allowance is provided at 10% of permanent total sum for disablement, limited to an amount of Rs.50,000 (whichever is less)
• Road ambulance cover is provided under the policy up to the maximum amount as the policy allows, related to the principal policy amount
• Family transportation is reimbursed for up to 10% of the principle sum insured and the total amount is limited at Rs.50,000
• For medical contingencies, air ambulance is also provided for fastest access to hospitals for which the amount limit is as mentioned in the policy schedule
• In case the accident has occurred during adventure sports, a special cover for the same will benefit you at up to 50% of the principle assured, which goes up to a maximum amount of Rs.50,000
• You are also liable to receive a free-look period for 15 days in which you can return the policy documents if you are not satisfied with the arrangement (no claim must be made in this period)
• Loss of death and other terms of the policy are covered if insured member is the victim of an act of terrorism

Additional Coverage

Along with the basic insurance cover, you can opt for any number of additional insurance covers out of these:

• Child Education Support
• Loan Protector
• Family Transportation Allowance
• Adaptation Allowance
• Accidental Medical Expenses
• Hospital Cash Allowance
• Life Support Benefit
• Broken Bones
• Chauffeur Plan Benefit

Claim Process

All the claims are process by the In-House team of Future Generali, meaning to which there is no TPA involvement.

To initiate the claim process, it is compulsory to intimate the same via email at fgh@futuregenerali.in

After this step, you are required to submit all the necessary documents directly to the address mentioned below:

Claims Department

Future Generali Health (FGH)

Future Generali India Insurance Company Ltd.,

Office No. 3, 3rd Floor, Building A, G – O – Square

Sr. No. 249-250, Near Mankar Chowk

Aundh Hinjewadi Link Road

Wakad, Pune, Maharashtra-411 057

Cases where you can’t make a claim

This plan of Future Health Suraksha Personal Accident Insurance does have certain areas where it does not provide coverage and it is important to know the same. These are:

• Existing disabilities present before the starting of the policy
• Instances of attempted suicide related injuries and suicide are not covered under the policy
• If you are serving in the military or armed forces
• Injury or death occurred to consumption of drugs, alcohol or other drugs.
• Voluntary participation in crime, riots, or in war
• Death or disability due to exposure of nuclear materials
• Loss of life due to child-birth or pregnancy

Renewal Process of Future HEalth Suraksha Personal Accident Insurance 

Future Suraksha Personal Accident Insurance plan comes with lifelong renewal option and can be availed anytime. Although, if you exceed the expiration date of the policy and still wish to renew, you can do so within the 30-day grace period made available to you by Future Generali.

Advantages of buying this plan

• You can avail 24/7 world-wide coverage, along with your family members (spouse and up to two dependent children)
• If more family members are covered under the same policy, they can avail 10% discount on the total premium to be paid
• If premium is paid in a single instance (lump sum), long term policy discount can be availed
• You can port from other ongoing policies to this one according to the process underlined by IRDAI
• No need to undergo a medical examination

FAQs

Q1. If I already possess a life insurance cover, why should I opt for this accidental cover too?

While the life insurance does cover your life, the accidental cover policy has a detailed coverage of instances in terms of damage incurred.

Q2. Can I customize my Future Health Suraksha Personal Accident Insurance plan?

Yes, as per the terms offered by Future Generali, you can customize the options available under the policy according to your preference. You can add extra benefits over the basic cover that is provided.

Q3. Do I need to intimate Future Generali if I have changed my job profile or occupation within the policy tenure?

Yes, it is mandatory to inform Future Generali regarding such changes within 30 days after the change.

Q4. If I am travelling abroad, are the benefits of the policy still valid?

Yes, Future Generali provides you protection from accidents even when you are outside India on a 24/7 basis. However, the remuneration related to the policy will be paid in Indian currency (INR) only.