Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
  Hurry Up!
Save tax in 80D by purchasing a Health Insurance Today. View Plan

The perks of family floater health insurance plans In India

Updated On Apr 18, 2022

Having excellent health is a priceless advantage for anybody. All other concerns should take a back seat to one's health. It's difficult, but not impossible, to stay in shape. It is imperative that you obtain health insurance as soon as possible. Paying a minimal sum in the form of a health insurance premium is the only way to get health insurance. You'll be insured for the rest of your life if you get health insurance while you're young. As a result, it's more crucial than ever to take care of your health. Using health insurance can assist to mitigate this risk. Health-care expenditures have risen dramatically in recent years, and a family medical insurance policy provides adequate coverage to cover these expenses. Your family's financial security is crucial nowadays to pay for medical treatment. Family health insurance, whether purchased individually or as a floater amount insured, protects your entire family from medical expenses incurred in an emergency. offers a variety of family health insurance policies that include a big list of benefits, a large network of cashless hospitals, and quick claim processing. Continue reading to learn more about the benefits of having family floater policies.

What Is The Purpose Of Buying Health Insurance For Your Family?

You won't have to worry about your loved ones being hospitalized if you have family health insurance. A family policy's appropriate premium is paid in yearly installments. If you don't have enough cash on hand at the time of your hospitalization, you might opt for cashless hospitalization. You won't have to worry about anything because the fees will be covered by your health insurance provider.

The Benefits of Having a Family's Own Floater Health Insurance Plan

A family floater health insurance plan is developed exclusively for families, as the name suggests. It's similar to individual health insurance in principle; the big difference is that it covers your entire family.
The term comes from the fact that it acts as a protective blanket for the entire family. When it comes to safeguarding your family's health, a family floater health insurance policy is one of the best options. It relieves you of the effort of keeping and managing many HEALTH INSURANCE policies while remaining reasonable because it is a single policy with a family benefit. Another benefit of a family floater health insurance plan is that if one of the family members becomes ill and requires hospitalization, the whole sum insured by the policy can be utilized to treat the sick family member. A family floater health insurance plan, of course, has more options and a larger coverage amount than individual health insurance plans, therefore the former has greater coverage. Family floater health insurance policies often cover the individual, spouse, and children. Some insurance providers, on the other hand, provide coverage for dependent parents, siblings, and in-laws. These forms of HEALTH INSURANCE POLICIES are becoming more widespread as a consequence of the benefits they bring. Before selecting from a selection of family floater health insurance plans, it is necessary to undertake comprehensive research to discover which features and benefits are most advantageous to them. Although all policies appear to be the same on the surface, reading the fine print may save you a lot of money by allowing you to select better safeguards.

Take Away

We've learned the importance of preserving our health and well-being as a result of the pandemic. The disease has both physical and financial effects, as we all know. Everyone requires health insurance, and if you don't have it, you risk depleting your financial resources if you get sick. Investing in insurance that matches your needs, whether or not there is a pandemic, is vital. The growing expense of healthcare can put a burden on your budget, which is why you should have health insurance that covers the costs of medicine and treatment in the case of illness or hospitalization for you and your family. ​

Also read - What Can You Do To Make Your Current Health Insurance Plan Better?


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.

Health Insurance Coverage Calculator

Who do you want to insured ?

  • Individual
  • Couple
  • Family
  • Parents

Age of eldest insured member ?

Where do you live ?

Disclaimer : Actual Coverage might vary basis your location, age and number of members
Must BuyMust Buy

Why to Buy Health Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 75,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers