The insurer claims that they have customized the plans under each product to suit individual needs and preferences.
Future Generali India Insurance has launched a travel insurance which can be customized to suit individual needs and preferences and will be sold online only. This is the first insurance product from the company to be sold exclusively online.
A big chunk of one's life has moved online these days. When it comes to travelling, the experience of a family vacation or a business trip abroad initiates on the web. From exploring the places-to-visit in the destination country to booking hotels and flights, a lot of it happens on the web. Even buying a travel insurance policy can be done entirely online
Future Generali's online travel insurance products are: Future Easy Travel Worldwide and Future Easy Travel Schengen. The age criteria for purchasing the policies range from 6 months to 70 years old thus encompassing the entire family in a single proposal.
As both are exclusively available online, it can be expected to be much more comprehensive. The insurer claims that they have customized the plans under each product to suit individual needs and preferences. Further, being online products they have the ease of buying and faster processing.
Steps to buying online:
I. Get an online quote
a. Select your visa type
b. Choose your coverage
c. Your travel dates (Date of departure and date of return)
Now get your Travel Insurance quote
II. Fill in your online proposal form
Have some basic information ready before you fill in the online proposal form.
a. Passport Number
III. Review your Proposal
Review your quote, verify the information including your nominee name provided by you and the premium you need to pay.
IV. Complete your purchase
After you confirm the premium generated by the system and agree to the terms & conditions, select a payment method (Credit Card, Debit Card or Net Banking) and pay securely & conveniently in easy steps and you're done.
V. Download your Policy
You can download your policy schedule along with the transcript and print it out. A copy of the policy and transcript is also sent to the email address you have provided during the time of registration.
According to the insurer, the two online travel insurance products suit the international travellers as they are specially designed keeping in mind the uncertainties of today's times right from loss of documents to sudden illness while on a foreign land.
Shreeraj Deshpande, Head of Health Insurance, Future Generali India Insurance Company Limited said, "India is one of the fastest-growing outbound travel markets in the world today. The well informed Indian traveller today looks for a combination of ease of buying, value as well as experience while buying insurance We believe Future Group's understanding of the Indian mindset together with the international experience of the Generali Group have helped us design these online products that will reiterate and reflect the importance of travel insurance".
The benefit of both the online products include cashless claim settlement, Universal International Free phone number (UIFN), Worldwide emergency, medical and travel assistance along with the flexibility to choose from different plans in each product category as per one's requirement.
Trip delays or cancellations, emergency dental treatment, loss of check in baggage, burglary at home while travelling and financial emergency assistance are few of the additional benefits that one can avail, depending on the plan that the policy holder opts for.
A significant feature embedded in all the plans is that complete medical care like bearing of medical expenses, emergency medical evacuation, repatriation of remains, continuation of medical treatment in India and daily hospital allowances are included in all of the plans.
The insurer has an outsourced team for providing the claim assistance anywhere in the world 24x7. Understanding the claim process is an important part of the travel insurance policy as the process and documentation may differ depending on the liability. For loss of passport the process will be different from a medical emergency. So, make sure you have a copy of the claim process with you even when you are abroad. Make sure you also read the exclusion in the policy before signing-up. After all, you don't want your travel cover to spoil the fun of vacation.