ClaimRatioIndiaCalculate

Future Generali India Insurance vs New India Assurance Company

On CSR alone: New India Assurance leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
MetricFuture GeneraliNew India Assurance
CSR 2023-2486.33%91.10%
Founded20071919
HQMumbaiMumbai
Typegeneralgeneral

Future Generali — Strengths

  • +Generali Group backing — 190-year-old global insurance giant
  • +Health Total plan: OPD coverage + annual health check-up included
  • +Wellness rewards programme — discounts for healthy behaviour
  • +Competitive motor insurance pricing
  • +5,000+ network hospitals across India

New India Assurance — Strengths

  • +Oldest and largest public sector general insurer — government-backed
  • +Mediclaim policy — one of India's most widely held health plans
  • +Accepted at virtually all government and major private hospitals
  • +Lower premiums compared to private sector equivalents
  • +Floater policies available for families at competitive rates
Full Future Generali review →Full New India Assurance review →