A family floater health insurance, as the name suggests is a plan that is tailor made for families. It is similar to individual health plans in principle; the only difference is that it is extended to cover your entire family. This acts as an umbrella of coverage for the entire family and therefore the name. A family floater health insurance is one of the best options when it comes to safeguarding the health of your loved ones. Since it is single policy offering family benefit, it relives you from the task of maintaining and keeping track of several insurance policies & offers affordability also.
The other benefit ; one can get from a family floater health insurance plan is that, in case one of the family member gets sick and has to be hospitalised, the total sum insured of the policy can be utilised by the un-well member of the family for treatment. Needless to say a family floater health insurance has options with higher sum insured than individual health plans hence the coverage is relatively greater in the formers case.
Family floater health insurance plans usually covers the individual, spouse and children. However, some insurance providers do have provision to cover dependent parents, siblings and parents-in-law. Hence this kind of policies are becoming more popular because of the advantages it offer.
Before selecting from various family floater health insurance plans one must do a thorough research to ascertain which features and benefits will suit them the most. On the face of it, all policies look identical and therefore reading the fine prints is imperative as it may save your considerable amount of money spend additionally to opt for better safeguards.
Health insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating the overall risk of health care and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement.The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment"
Good service provided to me, employees of this company are also very good to explain the policy details and clarified all my doubts with patient over the phone. Helped me to choose the best health insurance policy for my parents. Good follow up for my renewal and claims settlement is cool.
I took health insurance for my mother from this company and am very happy with the services provided. Good customer support in cashless treatment
Services are excellent, these people have come personally to the hospital and settled hospital claim. Am happy Thank you Insurance Saathi.
Flat # G1, Naga Sai Nivas, Prime Hospital Lane,
Hyderabad - 500038
Available 8:00am - 9:00pm