Family Health Insurance

The best and most cost effective health insurance for your family

Family floater health insurance covers the entire family including spouse, dependants, and children.

One would ideally like to have a health insurance plan for the entire family as no one knows when a medical emergency could strike. At the same time it is expensive to buy a health insurance plan for each member of the family. This is where the family floater health insurance plan steps in. Here, you can choose a particular sum insured for the entire family. Whenever there is a medical claim for any of the members in the plan, the claim is made from that total pooled sum insured.

Typically family floater health insurance plans are much cheaper than what it would cost if one were to buy health insurance separately for each of the family members. The premium paid is a function of the number of people insured under the plan, the sum insured that one chooses and the age of the eldest member under the plan.

Most of the leading insurance companies offer a family floater health insurance plan. This was one of the major innovations which were launched when the private general insurance companies started offering health insurance plans in India. Some of companies offers family health insurance coverage at very affordable rates that can suit one’s pocket.

Family floater health insurance plans are also eligible for the tax benefit under the relevant sections of the Income Tax act.