SBI General Health Insurance vs Future Generali Health Insurance

Life is beautiful. But it is also unpredictable. It can present you with various obstacles when you least expect them. That is why it is so important to be prepared to tackle any situation that has the potential to harm you or your loved ones. This is especially true when it comes to something as valuable as your physical and mental health. 

Health insurance can help you ease your financial strain when you need health care. You can buy health insurance from trusted insurers, such as SBI General Health Insurance and Future Generali Health Insurance, within minutes and get protected instantly. 

SBI General Health Insurance vs Future Generali Health Insurance – Overview 

Parameter SBI General Health InsuranceFuture Generali Health Insurance
No. of health insurance plans1113
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer supportPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance
Branches22,000+125+
Claim settlement ratio 59.42%95.28%
Network Hospitals 6,000+6,000+ 

*Source: The Annual Report of the Insurance Regulatory and Development Authority of India (IRDAI) –years 2019-20. 

Health Insurance Plans: SBI General Health Insurance vs Future Generali Health Insurance

SBI General Health Insurance offers 11 health insurance plans. These plans can be used to cover the needs of individuals, families, children, and senior citizens. Accidents, life-threatening diseases, and even mental illnesses are some of the health conditions covered in the company’s plans. 

Future Generali Health Insurance offers 13 health insurance plans. These plans can be used to cover the needs of individuals, families, senior citizens, and corporate groups. Accidents, critical ailments, and lifestyle diseases are some of the health issues covered in the company’s plans. 

Critical Illness Plan: 

SBI General Health Insurance’s Critical Illness Plan offers: 

  • Sum insured (SI) up to Rs. 50,00,000
  • Coverage for 13 life-threatening illnesses and surgical procedures, such as: 
  • Cancer
  • Hypertension
  • Total blindness 
  • Permanent paralysis 
  • First heart attack 
  • Open heart replacement 
  • Bone marrow transplant 
  • Aorta graft surgery 
  • Full payout of the SI upon diagnosis of a critical illness 

Future Generali offers ‘Future Criticare’ – a critical illness plan that offers: 

  • SI amounts up to Rs. 50,00,000
  • Coverage for 12 life-threatening ailments and surgical procedures, such as: 
  • Cancer
  • Kidney failure 
  • Liver failure 
  • Multiple sclerosis 
  • Hypertension
  • Aorta graft surgery 
  • Major organ transplant 
  • Full payout of the SI upon diagnosis of a critical disease  

Personal Accident Plan: 

SBI General Health Insurance’s Personal Accident Plan offers:

  • SI amounts up to Rs. 1,00,00,000
  • 100% SI on accidental death and permanent total disability
  • Up to 100% SI for permanent partial disability
  • Rs. 10,000 per week for temporary total disability 
  • Up to Rs. 50,000 for the educational costs of the insured’s dependent children 
  • Rs. 25,000 towards modification expenses of the insured’s vehicle/ home 
  • Daily hospital cash benefits up to Rs. 3,000 
  • Road/ air ambulance costs up to Rs. 1,00,000

Future Generali has an ‘Accident Suraksha’ plan that provides: 

  • SI amounts up to Rs. 50,00,000
  • 100% SI on accidental death 
  • 150% SI on permanent total disability 
  • Up to 75% SI on permanent partial disability 
  • 150% SI for a coma caused due to an accident 
  • 30%-100% SI for burns 
  • Up to 100% SI for broken bones 
  • Weekly cash benefits for temporary total disability 
  • Coverage for repatriation and funeral expenses 
  • 13 additional covers (on paying extra premium) such as:
  • Child education support
  • Life support benefit 
  • Accidental hospitalization expenses
  • Hospital cash allowance
  • Loan protector
  • Adventure sports benefit 

Top-up Plan: 

SBI General Health Insurance offers the Arogya Top-up Plan. It provides:

  • SI amounts up to Rs. 50,00,000
  • Deductible options up to Rs. 10,00,000
  • Coverage for
  • Pre-, post- and in-patient hospital care 
  • Home hospitalization 
  • Non-allopathic treatments 
  • 141 daycare procedures
  • In-patient physiotherapy 
  • Organ donor expenses 
  • HIV/ AIDS treatment
  • Maternity expenses after 9 months 
  • 50% of the SI for 12 advanced treatments 
  • 10% of the SI for congenital diseases 
  • Up to Rs. 1,00,000 for genetic disorders and mental illnesses 

Future Generali’s Top-up Health Insurance Plan offers: 

  • SI amounts up to Rs. 10,00,000
  • Deductible amounts up to Rs. 5,00,000
  • Coverage for:
  • Pre- and post-hospitalization 
  • In-patient hospitalization 
  • Waiver of pre-policy medical test for individuals without any adverse medical history and up to 55 years of age