Future Generali Launches Micro-Insurance for Villagers

India’s private general insurance player, Future Generali launched a micro-insurance product on July 3, 2012, which is targeted at the rural segment to provide protection to their business.

The Future Sampoorna Suraksha policy covers hospital cash benefit, personal accident cover, building and furniture, robbery and burglary, farm produce, agricultural pump set, cart protection and liability and pedal cycle.

The insurance company also works with a few large micro- finance institutions in the North and South and has over 15 lakh members across these institutions.

The firm, however, did not provide details of the premium option under the scheme.

Future Generali is a joint venture between India's Future Group and Generali Group of Italy.