Tuesday, March 31, 2020

FGII announces a benefit of INR 50,000 each for their business active agents against COVID-19 infection

Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail giant Future Group and global insurer Generali, announced to provide a relief fund of INR 50,000 each to their business active agents if they, their spouses or their children are tested positive for COVID-19.

FGII has introduced this practice to support their business active agents who continued to work amid the coronavirus outbreak. There are over 8000 agents and Future Generali India Insurance promises to look after each one of them if they face any unforeseen situation.

Mr. Anup Rau, MD & CEO,Future Generali India Insurance said,“While the world is dealing with the COVID-19 pandemic, our agents have been instrumental in creating awareness and getting so many people insured so that in the time of need, they are taken care off. So it’s our turn now to take care of them. We will be transferring INR 50,000 to their bank accounts in case they, their spouses or their children are diagnosed with the infection.They can get this lump sum amount, without any waiting period.

Future Generali India Insurance had been constantly supporting employees on a one to one basis if they have been detected with COVID-19or have been quarantined.

About Future Generali India Insurance Company Limited

Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 189yearsold global insurance group featuring among the world’s 60 largest companies*. The Company was incorporated in September 2007 with the objective of providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks.

Future Generali India has been aptly benefitting from the global Insurance expertise in diverse classes of products of Generali Group and the Indian retail game-changer Future Group. Havingfirmlyestablisheditscredentials in this segment and effectively leveraging on the skill set of both its JV partners, Future Generali India has evolved to become a Total Insurance Solutions Company.

*As per Fortune Global 500 Ranking (2017)
*Future Generali India Insuranceiscertified ‘Great Place to Work’ (December2019-November 2020)

About Generali Group
Generali is an independent, Italian insurance Group, with a strong international presence. Established in 1831, it is one of the largest global insurance providers present in over 60 countries with total premium income exceeding €68 billion in 2017. With nearly 71,000 employees in the world and 57 million customers, the Group has a leading position in Western Europe and an increasingly significant presence in Central and Eastern Europe as well as in Asia.


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