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This article explores Future Generali car insurance claims and Future Generali two-wheeler insurance claims including how to file a claim, what will be the documents required, and what could be the possible reasons for rejection of the filed claim. First, let’s look at the types of Future Generali vehicle insurance claims.
Future Generali Cashless Claim: You bring your vehicle to a network garage for repairs when you file a cashless claim. Future Generali will pay the garage directly in this situation. You only have to pay your deductible.
Future Generali Reimbursement Claim: In case of a reimbursement claim for your damaged vehicle, initially, you have to bear the expenses for the repair out of your pocket. After verification of all related documents, the insurer will reimburse the incurred cost.
Step 1: Intimation
The insurer should be notified right away if the vehicle is stolen, is involved in an accident, or is damaged in any way. To notify the insurer, you can go to the insurer’s nearest branch or visit the insurer’s official website.
Step 2: Submission of Documents
Submit the required documents online and a surveyor will be appointed to analyse the state of damages to the vehicle. A list of documents required to register the claim is provided further in this article.
Step 3: Survey
The insurance company's surveyor will evaluate the damage and repair costs after the claim is filed. Any additional costs incurred, i.e., damages to uninsured parts must be covered by the insured.
Step 4: Claim Settlement
In case of a cashless insurance claim, the company will pay the approved amount directly to the network garage which will repair your vehicle. In case of a reimbursement claim, this approved amount is paid to the policyholder.
A voluntary deductible is a minimum amount that you choose to pay from the claim amount. The policyholder is required to pay the amount before the insurer contributes to the rest of the claim value. For example, if your repair costs Rs. 10,000 and you choose a voluntary deductible of Rs. 3,000, this is paid in advance as an investment in your car's repairs. The insurer will cover the remaining claim amount up to the limits specified in the insurance policy.
In the event that the insured bike is stolen, the insurer provides the calculated Insured Declared Value (IDV) after depreciation and deductible.
In terms of speed and convenience, cashless claims have an upper hand. While reimbursement claims give you the freedom to choose your preferred repair workshop. Both systems have significant advantages, it is up to the policyholder to choose the one that is most suitable for the situation.
Yes. Notify the insurer immediately after the accident, and take your vehicle to the garage of your choice. You can file a reimbursement claim and submit all the repair bills to the insurer. The insurer will settle the claim amount after verification.