Why a Family Health Insurance is Vital for Your Loved Ones

As Indian family eats together, stays together, so why not insured together? If you are also fed up with maintaining your family members’ separate policies and paying a higher premium for each, we have a solution.  Top health insurance brands in India offer health insurance for family, a one-stop solution for your and your family’s healthcare needs. So, why take stress for keeping individual health policies when you can get your family members covered under one umbrella. Let’s check out what is Health Insurance for family and why it is vital for your loved ones:

Health Insurance for Family

This type of health insurance plan has explicitly designed to cover one or more family members under a single premium policy with a fixed sum insured.  It is the most comprehensive medical insurance that gives your family members complete protection. You can cover self, spouse, parents, and children, a maximum of six members under one policy. The best part is that the premium is also lower than individual policies.   

Why You Need Family Health Insurance?

It is the robust policy that keeps your family covered under the same plan and ease your pocket as well. It is the best family medical insurance comes with some really significant benefits; take a look:

Single Policy Single Premium: 

Finally! You will get rid out of the complications of keeping multiple policies and paying a huge premium for them. Single policy single premium for all the family members makes it a perfect choice for you. 

Rising Medical Inflation:

In India, medical inflation is rising; one-time hospitalization can put your family’s financials at stake. A family floater plan is an indemnity-based plan covering hospitalization expenses and acts as a safeguard for your family.

Extensive Coverage:

Whether in-patient hospitalization, pre and post-hospitalization, advanced treatment, ambulance cover, diagnostic, OPD cover, organ donor, robotic surgeries, and much more, your family will get extensive coverage under the policy.

Immediate Cashless Hospitalization:

The best part of having a family floater is to avail cashless hospitalization—no need to arrange cash for your family member’s treatment. You just need to pick any network hospital, and your insurer will settle the hospital bills directly. 

COVID-19 Coverage:

Big sigh of relief amid pandemic. Some good policies like Care Insurance offer health insurance for family with COVID-19 cover. The waiting period is also only 15 days. It is what you want! Check their policy T&C for more details. 

Corporate policy is not Enough:

A health emergency can hit the door anytime, and you cannot trust a corporate health insurance plan if you have a loving family to take care of. Therefore, a family floater is the best. 

AYUSH Coverage:

If Ayurveda is your choice, you will be glad to know that you can get the AYUSH (Ayurveda, Unani, Sidha, & Homeopathy) coverage for the treatment under family health policy. 

Tax Benefit:

Family medical insurance comes with two-fold benefits, and you can save more while keeping your family safe. Under section 80D of the Income Tax Act of India 1961, the premium paid for family floater gets tax exemption. 

Top Health Insurance Companies offer Family Floater Plan in India

Takeaway

Check out the health insurance for family offered by top health insurance companies to stay healthy and wealthy together. After all, it’s all about loving your family.