Nowadays health insurance policies became are more important than other investments. A family floater health insurance or family floater mediclaim policy is formed to offer health insurance cover to families. Family floater health insurance policy and individual health insurance policy works in the same way but the only difference is family floater health insurance covers the whole family.
Benefits of family floater health insurance policies
- Family floater health insurance policies are more affordable as compared to an individual health insurance policy, if you buy a family floater health insurance policy you can cover your whole family but in the individual health insurance policy, you have to buy individual health insurance for your each family member which can be very expensive.
- If you are a tax payer family floater health insurance plan is best for you. You can avail the 80D tax deduction you also can double the tax benefit if you are paying health insurance policies for your parents.
- You also can avail happy family floater health insurance policies if you are paying for your parents and in-laws.
- You can get the best discounts under the family floater health insurance policies.
- You can easily add your new family member under your family floater health insurance policy.
- Under the family floater health insurance policies you can you will get the maximum medical coverage, hospitalization fees, doctor consultations, ambulance cover, hospital staff care, medical procedures undertaken. You can also get cover for accidents.
- Family floater health insurance plan is a great choice if you have younger family members as they have a low health risk.
Features of family floater health insurance policies
- Under family floater health insurance policies you can cover you’re all family members which also includes your spouse, children, parents, some family floater health insurance policies also allow in-laws.
- Some family floater health insurance providers give offers on the high sum assured.
- No claim bonus is a key feature of family floater health insurance if you haven’t claim from your family floater health insurance policy you can increase the amount without worrying for extra expenses.
- The cashless claim settlement is one of the great things in family floater health insurance policy; if you carried out the treatment in a nominated hospital by the company you can easily get that benefit.
- Family floater health insurance policies offer you the option of choosing the policy term as your need you can avail a family floater health insurance plan for one year, two years or three years as the policy term.
- You don’t have to pay separate insurance premiums for every individual of your family.
