Future Generali


Group Insurance products allow employers, financial institution and affinity groups to offer the best to the employees, creditors, customers or other individuals who can be identified as group members. The benefits can be as follows:


  • Life insurance cover for employees
  • Efficiently and Prudently meeting Gratuity Liability towards employees

Financial Institutions

  • Life Insurance cover for customers
  • Credit protection for loan customers

Affinity Groups

  • Life Insurance cover for eligible members


Employee Benefit Solutions: Innovative and comprehensive suite of employee benefit solutions, which can be tailored to suit your needs whether it’s a small business, a medium sized company or a multinational corporation.

Traditional/Conventional Products

  • Future Generali Group Gratuity Plan Read more
  • Future Generali Group Leave Encashment Plan Read more
  • Future Generali Group Superannuation Plan Read more

Unit Linked Plan

  • Future Generali Comprehensive Employee Benefits Plan (Gratuity/Leave Encashment, Superannuation) Read more

Other Group Insurance Solutions: From life cover to members of your group to securing your borrowers’ loan, we provide range of solution for every need

Loan Protection

  • Future Generali Sampoorn Loan Suraksha Read more
  • Future Generali Loan Suraksha Read more

Term Solution

  • Future Generali Group Term Life Insurance Plan Read more

What is a Group Insurance Plan?

Group Insurance plans offers insurance coverage to a group of individuals. These groups can be employer-employee groups or non employer-employee (affinity) groups such as holders of the same credit card, account holders of a bank or members of an association.

Under group insurance, members of the group can get coverage for life, gratuity, superannuation, leave encashment and loan protection etc.

How Group Insurance Plan works?

A group of individuals be it employer-employee group or non-employer-employee group can purchase a group insurance policy (Master Policy), as per their need to attain the required objective.

The group should not be formed for the sole reason of purchasing a group insurance plan. This group should have a different reason of existence. The policy will be centrally administered by a Master policyholder on behalf of the members of the group.

Why Future Generali Life Group Plans?

At Future Generali India Life Insurance Company Limited, our mission is to actively protect and enhance peoples’ lives. With operations spread across country, professional expertise and a complete range of simplified solutions for the financial security of customers and enterprises, we aim to become the first choice by delivering relevant and accessible insurance solutions.

We offer a range of group insurance solutions, ideal for corporates, institutions and groups.

Frequently Asked Questions

What are the different types of group insurance plans available?

Group insurance plans can be broadly classified as:

  • Group Gratuity Plans
  • Group Leave Encashment Plan
  • Group Loan Protection Plan
  • Group Term Life Insurance Plans
  • Group Superannuation Plans
Who can purchase group insurance plans?

Group insurance plans are typically purchased by employers for their employees. Financial institutions like NBFCs and banks can also offer group insurance plans for their loan borrowers. Group policies can also be bought by non employer-employee groups which are defined by IRDAI's guidelines.

What is the minimum entry age for group insurance policies?

The minimum age of entry for a member of a group insurance policy is usually 18 years. However, it is recommended to check the same for individual policy as the minimum age may differ accordingly.