Future Generali

Future Generali India Life Insurance launches Cancer Protect Plan

A simple and affordable Cancer protection plan for all stages.

Future Generali India Life Insurance Company Limited (FGILI), a joint venture between Future Group - the leading retailer of India and Assicurazioni Generali - a global insurance group and one of the world’s 50 largest companies, today announced the launch of Future Generali Cancer Protect, a comprehensive and easy to buy insurance plan that provides complete financial security for all stages of Cancer (Minor or Major). This is an extremely affordable plan which covers the customer upto 80 years of age and covers minor lives too.



  • Can be bought anytime, anywhere.
  • No medical examination required.
  • Simple product structure with minimum exclusions (no restriction based on annual income, occupation or smoking habits).
  • Only one simple online form to be filled with e-KYC integration.


  • Anyone in the family between the age group of 18-65 years can buy the policy including Smokers/Non-Smokers, homemakers and parents for their minor children (except individuals already suffering from Cancer or those who have suffered from it in the past).


  • Unique from other critical illness policies where you have the option of choosing your protection plan:

    OPTION 1: Lump Sum Cover where you receive 100% of the sum assured on diagnosis for a Major Stage Cancer, while for a Minor Stage, you receive 25% of the sum assured and your premiums are waived off for the next three years or till the end of the policy term whichever is earlier.
    OPTION 2: Lump Sum Cover with Income Benefit where apart from the fixed payouts, you also receive 2% of your sum assured per month for a period of 60 months on diagnosis of a Major Stage Cancer.


  • Minor Stage – Carcinoma in Situ (CiS) of all organs such as lung, stomach, breast, liver among others (except skin and prostate).
  • The customer can make multiple claims under unrelated Minor Stage Cancer conditions.
  • Major Stage – Blood Cancer, Lymphatic Cancer, Bone Sarcoma among others.


Entry Age (as on last birthday)

  • For Minor lives: 1 year to 17 years
  • For Adults: 18 years to 65 years

Premium Payment Frequency & Policy Term:

Regular Premium - 5 years

Single Premium

  • For Minor lives ( 1 year to 17 years) : 18 minus age at entry or 10 years, whichever is higher
  • For Adults (18 years to 65 years) : 10 years, 15 years, 20 years or 80 years minus age at entry.
    However, Maximum coverage age is 80 years

Sum Assured - Rs. 10 lakhs, Rs. 20 lakhs, Rs. 30 lakhs and Rs. 40 lakhs

Premium Payment Mode - Two options - Regular premium (Annual or Monthly modes) OR Single Premium

The plan is available for sale across all distribution channels and online through the web portal.

On the occassion of the launch, Mr. Munish Sharda, Managing Director & CEO, Future Generali Life Insurance said, “Cancer incidences are on a rise in India, and with over 200 different kinds of Cancer, this disease can be debilitating for the family emotionally as well as financially. Medical advancements today have improved the survival rate tremendously; however, cost of medical expenses to fight Cancer continues to be a huge burden on the family’s finances. The Future Generali Cancer Protect Plan takes complexity out of buying the product and aims to help our customers secure themselves and their families financially through a simple process, with no medical examinations at a highly affordable cost. Thus ensuring that their personal savings and linked dreams don’t get impacted. This is in line with our efforts of providing straightforward and transparent products that deliver value to our customers.”

For more information, please visit https://life.futuregenerali.in/products/health-plans/future-generali-cancer-protect-plan