Future Generali bike insurance is now sold under the name Generali Central Insurance. Future Generali India Insurance Company Limited became Generali Central Insurance Company Limited with effect from 30 July 2025, and the new brand was announced on 4 August 2025, after Central Bank of India took a stake alongside the Generali Group. The company states that existing policies remain fully valid, with no change to cover, premium payments, renewals or claims.
This review covers Generali Central's two-wheeler plans, add-ons, premium range, workshop network and claim process, and is candid about where its published information is thin.
Future Generali Two-Wheeler Insurance Overview
| Point | Detail |
|---|---|
| Current name | Generali Central Insurance Company Limited, formerly Future Generali India Insurance Company Limited |
| Ownership | Generali Group about 74% and Central Bank of India about 26% |
| Core two-wheeler products | Motor Protect Two-Wheeler Package Policy, liability-only cover, standalone OD cover and long-term policies |
| Cashless network | 2,500+ or 3,500+ workshops, depending on which Generali Central page is read |
| Customer care | 1800-220-233, 1860-500-3333 and 022-67837800 |
| [email protected] |
The ownership figures reflect Central Bank of India's stake purchase in June 2025, as publicly reported, while the name change and policy continuity are confirmed in the company's own brand FAQ. For renewals and claims, existing Future Generali policy numbers continue to work.
What Changed With the Rebrand
| Item | Before | After |
|---|---|---|
| Company name | Future Generali India Insurance Company Limited | Generali Central Insurance Company Limited |
| Effective date | Before 30 July 2025 | From 30 July 2025, as registered |
| Website | Future Generali branding | generalicentralinsurance.com |
| Existing policies | Issued as Future Generali | Continue unchanged, as the company states |
Who Generali Central's Bike Cover Suits
- Owners who want a wide choice of add-ons. The product list goes beyond the usual zero depreciation and roadside assistance to EMI cover, hospital cash and loss of documents.
- Existing Future Generali customers. Renewing with the same insurer keeps paperwork simple, and the NCB carries over automatically.
Riders with a partner workshop nearby. Cashless repair depends on the workshop list, so it suits owners whose preferred service centre is in the network.
It suits less well an owner who wants the largest possible cashless network, or who places heavy weight on a published claim settlement ratio.
Plans and Coverage Options
Generali Central's product list, published on its website, includes these two-wheeler policies.
| Policy | What it covers | Suits |
|---|---|---|
| Motor Protect Two Wheeler, liability only | Third-party (TP) cover only, the legal minimum under Section 146 of the Motor Vehicles Act, 1988 | Older, low-value bikes |
| Motor Protect Two-Wheeler Package Policy | TP cover plus own-damage (OD) cover for the bike against accident, theft, fire and natural events | Most bikes under five years old |
| Motor Protect Two-Wheeler Policy, Bundled | Long-term TP with OD, the structure used for new bikes | New bikes |
| Standalone Motor Protect OD Two Wheeler Policy | OD cover only, alongside an existing TP policy | Bikes bought after September 2018 with long-term TP still running |
| Third-Party Long-Term Two-Wheeler Policy, 5 Years | Multi-year TP cover for new bikes | New bikes |
TP cover pays for death or injury to others without an upper limit, and for damage to others' property up to ₹1 lakh for two-wheelers. Owner-driver personal accident cover of ₹15 lakh is compulsory unless the owner holds a qualifying personal accident policy.
New bikes have carried a five-year TP policy since 1 September 2018. On 4 August 2026, the Supreme Court raised the mandatory term to six years for new two-wheelers and directed IRDAI to issue the implementing instructions.
Add-ons in Generali Central's Product List
| Add-on | What it does |
|---|---|
| Zero depreciation | Pays the full cost of replaced parts, without the standard 50% deduction on plastic, rubber and batteries or 30% on fibreglass |
| Consumable cover | Pays for oil, nuts, bolts and similar items used in repairs |
| Roadside assistance | Towing and breakdown help |
| Engine and gearbox protector | Covers damage from water ingress or oil leakage, which standard OD excludes |
| Tyre protection | Covers tyre damage beyond standard cover |
| Return to invoice | Pays invoice value, not IDV, on theft or total loss |
| Daily cash or inconvenience allowance | A fixed amount while the bike is being repaired |
| Hospital cash cover | A daily amount during hospitalisation after an accident, within policy limits |
| Loss of driving licence or registration certificate | Covers the cost of replacing these documents |
| EMI cover | Pays loan instalments for a set period after a covered loss, as defined in the policy wording |
| Battery guard | Covers battery-related loss as defined in the policy wording |
| Loss of personal belongings | Covers belongings lost in a covered incident |
Availability depends on the bike's age and model, so check the add-ons offered on the actual quote.
Premium Range by Bike Type
TP premium is fixed by the Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules, 2022 and is the same at every insurer. OD premium is priced by Generali Central, so the table uses the former India Motor Tariff rates as a benchmark, for a bike up to five years old in a Zone A city.
| Bike type, example | Annual TP (₹) | OD benchmark, new bike (₹) | OD benchmark, 3-year-old (₹) |
|---|---|---|---|
| Commuter up to 150 cc, Hero Splendor Plus at about ₹77,000 | 714 | 1,249 | 921 |
| 150 cc class, Bajaj Pulsar 150 at ₹1,11,197 | 714 | 1,804 | 1,329 |
| 150 cc to 350 cc, Bajaj Pulsar NS200 at ₹1,38,302 | 1,366 | 2,356 | 1,736 |
| Above 350 cc, KTM 390 Duke R at ₹3,39,001 | 2,804 | 6,051 | 4,459 |
The OD benchmark applies the former tariff rates of 1.708% of the Insured Declared Value (IDV) up to 150 cc, 1.793% for 150 cc to 350 cc, and 1.879% above 350 cc, to an IDV of 95% of the price for a new bike and 70% for a 3-year-old one. Figures exclude GST, no-claim bonus (NCB), add-ons and personal accident cover, and Generali Central's actual quote can be higher or lower. NCB, the discount on OD premium for claim-free years, starts at 20% and rises to 50% after five claim-free years. A 3-year-old Pulsar 150 with three claim-free policy years, for example, earns a 35% NCB, which brings its OD benchmark from ₹1,329 to about ₹864.
Claim Settlement Ratio and Workshop Network
The claim settlement ratio is the share of claims an insurer settles out of those it receives. As of 26 September 2026, Generali Central did not publish a two-wheeler claim settlement ratio on its bike insurance pages, and its own blog on the subject explains the ratio without giving a company figure. Ratios quoted for the company on other websites could not be traced to a Generali Central publication, so none is given here.
The dependable source is the insurer's public disclosure. IRDAI's guidelines require general insurers to publish each year the number of claims paid and repudiated, with percentages, and their claim turnaround times. Because these figures are refreshed annually, check the latest disclosure before relying on any ratio.
When reading the disclosure, look at three numbers together.
- Claims paid as a share of claims received. This is the settlement ratio in its plainest form.
- Claims repudiated, meaning rejected. A low share here matters as much as a high share paid.
Turnaround. How quickly claims are paid or rejected shows how long an owner may wait for a repaired bike.
Workshop Network
Generali Central's bike insurance page states 3,500+ partner workshops across India, while its renewal page states 2,500+ cashless workshops. Either way, the network is smaller than the figures some other insurers publish. What matters for an owner is whether an authorised service centre for the bike's brand near home is in the list, so check the workshop locator before buying.
How to Buy or Renew Online
- Keep the details ready. Registration number or previous policy number, and the NCB earned.
- Start on Generali Central's website. Its renewal page follows three steps, renew the plan, verify the details and pay.
- Choose the cover. Package cover for most bikes under five years old, standalone OD if long-term TP is still running, or liability-only for an older bike.
- Select add-ons and check the IDV. Keep the IDV at a fair value and add only the covers that suit the bike.
Renew before expiry. Generali Central's renewal page notes that renewing on time avoids a pre-inspection, and NCB is generally lost if the policy is not renewed within 90 days of expiry.
Before paying, set Generali Central's quote against two-wheeler insurance plans from other insurers on Insure24, keeping the same IDV and add-ons so the comparison is fair.
Claim Process
Generali Central's bike insurance page sets out a five-step claim process.
- Contact the insurer. Call 1800-220-233 or email [email protected] as soon as possible after the incident.
- Inspection. The damage is inspected before repair.
- Submit documents. Typically the claim form, driving licence, registration certificate, policy copy, repair estimate and, for theft or injury to others, an FIR.
- Approval. The insurer communicates its approval of the claim.
Payment. For cashless claims at a partner workshop, the insurer pays the workshop directly, and the owner pays only the deductible and costs not covered.
For repairs at a non-partner garage, the owner pays first and claims reimbursement with the original invoice and payment receipt. Keep the bike unrepaired until the inspection is done, and keep photographs of the damage.
Tips That Speed Up a Claim
- Report early. Delays in informing the insurer can complicate the inspection.
- Photograph everything. Pictures of the bike, the scene and any other vehicle help show how the damage happened.
- Keep documents ready. Licence, registration certificate and policy copy should be at hand for the first contact.
- Choose a partner workshop. It avoids paying upfront and waiting for reimbursement.
Check the settlement letter. Confirm the amount, the deductible and any depreciation deducted before signing.
Pros and Cons
| Pros | Cons |
|---|---|
| Backed by the Generali Group and Central Bank of India | Cashless network figures differ across its own pages, and are smaller than some rivals' published figures |
| A long list of add-ons, including EMI cover, hospital cash and loss of documents | No published two-wheeler claim settlement ratio on its bike pages |
| Separate products for liability-only, package, standalone OD and long-term cover | Brand transition means documents may show either name |
| Existing Future Generali policies continue unchanged | Add-on availability depends on bike age and model |
Note: This article has been vetted by Siddarth Khandelwal, an Insurance expert at Insure24.
Frequently Asked Questions
Q. Is Future Generali bike insurance still valid after the name change?
Yes. Future Generali India Insurance became Generali Central Insurance with effect from 30 July 2025, and the company states that existing policies, renewals and claims continue unchanged.
Q. Is Future Generali bike insurance good?
It offers a broad add-on list and the standard range of two-wheeler policies. Its published cashless network is smaller than some insurers', so check workshops near home and compare the OD quote with other insurers.
Q. What is the Future Generali bike insurance claim settlement ratio?
As of 26 September 2026, Generali Central did not publish a two-wheeler claim settlement ratio on its bike pages. Check the claims paid and repudiated figures in its latest annual public disclosure.
Q. What is the Future Generali bike insurance customer care number?
1800-220-233, 1860-500-3333 or 022-67837800, and the email [email protected], as listed on Generali Central's website in September 2026.
Q. How is a Future Generali bike insurance claim made?
Contact the insurer, allow the damage to be inspected, submit the documents, wait for approval, and then the insurer pays a partner workshop directly or reimburses the owner.
Q. How can Future Generali bike insurance be renewed?
Through Generali Central's website, by entering the registration or policy number, verifying the details and paying. Renewing before expiry avoids a pre-inspection.
Q. How many cashless workshops does Generali Central have for bikes?
Its bike insurance page states 3,500+ partner workshops, while its renewal page states 2,500+. Use the workshop locator for the exact list near home.
Q. Does Generali Central offer zero depreciation for bikes?
Yes, zero depreciation cover is listed among its two-wheeler add-ons, subject to the bike's age and model.
Q. What is the Future Generali bike insurance premium?
TP premium is fixed by engine capacity, from ₹538 for bikes up to 75 cc to ₹2,804 above 350 cc. OD premium depends on IDV, age, city and add-ons, so check the actual quote.
Q. Can NCB be transferred to Generali Central from another insurer?
Yes. NCB belongs to the owner and carries across with the previous policy or an NCB certificate, provided the renewal is within 90 days of expiry.
Licenced by
COMPANY
PRODUCTS
RESOURCES
LEGAL
Cars24 Financial Services Private Limited
(Wholly owned subsidiary of Cars24 Services Private Limited)
Corporate Office - 6th Floor, SAS Tower-C, Ch Baktawar Singh Road, Medicity Sector 38, Shivaji Nagar,
Gurgaon - 122001, Haryana
IRDAI Corporate Agency Registration No: CA0710 | Registration Validity: Perpetual |
CIN: U65990HR2018PTC075713
Disclaimer : The information contained in this website is presented purely for information purposes only provided as service to the internet community at large. It does not constitute insurance advice and we do not guarantee the accuracy, adequacy or the completeness of the information contained here.
Licenced by
COMPANY
PRODUCTS
RESOURCES
LEGAL
Cars24 Financial Services Private Limited
(Wholly owned subsidiary of Cars24 Services Private Limited)
Corporate Office - 6th Floor, SAS Tower-C, Ch Baktawar Singh Road, Medicity Sector 38, Shivaji Nagar,
Gurgaon - 122001, Haryana
IRDAI Corporate Agency Registration No: CA0710
Registration Validity: Perpetual
CIN: U65990HR2018PTC075713
Disclaimer : The information contained in this website is presented purely for information purposes only provided as service to the internet community at large. It does not constitute insurance advice and we do not guarantee the accuracy, adequacy or the completeness of the information contained here.