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What is the Group Loan Bima?

Loans are a great way to finance almost anything. Be it a house or car, a loan allows you to achieve your dreams and stay financially secure. However, what if you fall ill or meet an accident. What if you are not able to earn anymore? The burden of the loan will fall on your family. However, with our policy, you can lock all these thoughts away. Future Generali’s Group Loan Bima will take care of the loan EMIs for you. What’s more, the policy will cover your entire family! The Group Loan Bima is a group insurance product. It is ideal for:

    ·       Employers who wish to secure their employees financially

    ·       Families

What is in for you?

  • Swift and easy claim settlements
  • 24*7 assistance
  • Quick policy issuance
  • Cover for the entire family
  • Up to 18 critical illness covered
  • Affordable premium

What is Covered?

Our policy provides all-round financial protection, which includes:

Critical Illness

Critical illnesses take time to treat and may require frequent visits to the hospital. Since healthcare prices are increasing, medical bills will eat all your savings away. But with us by our side, you can sit back and relax. We will take care of all the healthcare bills. What’s more, our policy covers up to 18 critical illnesses!

Personal Accident cover

No matter how precautions you take, accidents will always find a way. You can’t physically prepare for accidents. But you can financially! Our policy will cover all problems caused due to accidents like:

Ø  Accidental death

Ø  Permanent total disablement

Add On Covers

Yes, our Group Loan Bima also provides a Loss of job cover. Here are the details:

  • Losing a job during an ongoing loan can be quite stressful. But don’t worry; we’re here to take all your anxiety away. If you choose the loss of job cover, we will take care of three monthly instalments!

What is not covered?

EXCLUSIONS

  • Accidents due to consumption of alcohol or drugs

  • Accidents due to war or nuclear radiation

  • Experimental or unproven treatment

  • Accidents due to participation in adventure sports

  • Self-inflicted injury or suicide attempt

  • Illnesses related to childbirth, abortion, or miscarriage

  • Accidents due to participation in military or armed forces

  • Accidents due to participation in criminal activity or riots

  • Accidents due to not following the law

  • Sexually transmitted diseases

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PRODUCT NAME: Group Loan Bima | UIN NO: FGIHLGP22111V032122 | LAUNCH DATE: 17th February 2017