Plans for the Best Family Floater in 2022
Updated On Mar 23, 2022
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It's bad enough to be sick, but it's even terrible when the pain is accompanied with medical bills. You may not be able to avoid health problems, but you can protect yourself from financial losses caused by them by getting a health insurance coverage. A reliable health insurance plan protects you against medical expenditures if you fall ill. The coverage is provided in the form of an amount insured, which can be divided based on the number of family members or paid in one lump sum for the entire family.The coverage provides financial support that may be used to pay off hospital bills, treat disease, pay doctor's fees, cover the cost of medical treatment, and cover accidental emergency injuries.
A family floater plan can additionally cover you, your spouse, dependent children, parents, and, in some cases, parents-in-law. Each member of your family may file a claim up to the total amount insured. Family health insurance policies, in addition to ordinary coverage, cover COVID-19-related charges or hospitalisation bills. Continue reading to learn about other family floater plans.
Plans for Family Floaters
Some of the family floater plans are as follows:
1. Happy Family Floater ( Oriental General Insurance)
Happy Family Floater covers the entire family, including self, spouse, children, parents, and parents-in-law. The Happy Family Floater comes in two colours: gold and silver. The Gold option would provide daily hospital cash benefits with a cap of 0.1 percent of the total insured or a maximum of 10 days. An attendant allowance will be paid if a child under the age of 10 is accepted into the gold programme. A maximum of 10 days will be paid at a daily rate of Rs. 500.
2. Heartbeat Family First Gold(Max Bupa)
Medical treatment expenses are incurred when an insured individual is admitted to in-patient care. This insurance will cover both pre-and post-hospitalization expenses. Pre-hospitalization will be managed for 30 days before admission, and post-hospitalization will be addressed for up to 60 days after release. This plan will cover both maternity and infant benefits. The new-born would be covered as a member of the family, with no additional premiums necessary. This plan also covers the expense of immunizations for newborns. This plan has no age limits, so all family members, regardless of age, are covered. Cashless services will be offered at any of the network hospitals within four hours.
3. Optima Restore (Apollo Munich)
This insurance will pay for both pre- and post-hospitalization, with pre-hospitalization covered for up to 60 days and post-hospitalization covered for up to 180 days. In-patient care is provided for durations of 24 hours or more; reimbursement for medical expenses for all day care processes lasting less than 24 hours is also provided. In the event that an organ transplant is necessary, the coverage includes organ transplant treatment for the donor. Ambulance expenses up to Rs. 2000/- are paid in an emergency. In-network hospitals, a one-time cost is charged for choosing shared housing.
Takeaway
For a married couple with children, a family floater is ideal. This is especially advantageous for people who want to protect their elderly parents. Overall, this is an excellent choice for insurance that is both inexpensive and comprehensive.
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Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
