What is Family Floater Health Insurance?
18 May 2018
Unforeseen health adversities can arise anytime to anyone in your family. To safeguard your family and you from such situations, wouldn’t it be convenient to get a health insurance which covers the entire family? This is exactly what a family floater does. It is an insurance umbrella which covers all the members of your family. If you buy a family floater health insurance plan of a set limit, any member of the family can utilise this entire limit as it benefits in the following ways.
One Plan for Everyone
A family floater health insurance policy is one of the best options when it comes to creating a safety net for your loved ones. It is a single policy which covers the entire family in one go. This negates the unnecessary task of maintaining and keeping track of several health insurance policies. Moreover, it offers affordability for various income groups.
In case one of your family members falls sick and has been hospitalised, the total sum assured by the policy can be utilised by this member for the treatment. Moreover, family floater health insurance has options with higher sum insured making the coverage relatively greater compared to other policies.
Covers Extended Family Members
This kind of health insurance plan is gaining popularity because of the advantages it offers to numerous family members. While the family floater health insurance covers the individual, spouse and children, you have the option to choose health insurance policies to cover dependant parents, siblings and parents-in-law too.
Numerous Policies to Suit Your Family Type
Keeping in mind the variety of family types that exist, family floater health insurance offers numerous policies. Make sure you do thorough research and read the benefits from the fine print to understand which policy type suits your family needs.
Family floater health insurance provides coverage to various family members using only one premium. This saves you from the hassle of paying several premiums. This way, you get all your dependant members eligible for quality treatment without any compromise.
So, if you are a two-member family or more, or you are on a verge of starting a family, family floater health insurance is one of the best options you can buy from and avail its benefits!
Why choose Bharati AXA Health Insurance
With health insurance plane, financially secure yourself and your family at affordable premiums