A drastic rise in healthcare costs has increased the demand for health insurance policies. However, since for families an individual healthcare plan is a costly affair, many bread earners are opting for a family floater health insurance policy.
Today, a family floater plan is the only way to provide complete health security to your family. A standard family floater healthcare plan covers the medical costs for more than one family member. Unlike an individual health insurance scheme, in a family floater policy all the members of the family share the fixed cover. Put simply, it does not pose limitations on the amount of cover for each family member
You can cover dependent parents or children in family floater insurance policy in order to claim deductions under 80D of the Income Tax Act. Under a single plan, apart from you, your spouse and children are eligible for the fixed cover.
We take the example of Mr. Verma who had recently bought a family floater policy of Rs. 4 lakh. His spouse and children were covered under this health policy. Nevertheless, he realized the necessity of a family floater when his wife was diagnosed with a serious disorder. Luckily, the disorder was not fatal but required long-term treatment. Mr. Verma thanked his lucky stars as he already had a complete health insurance for his family
Post treatment, his wife was on the path of recovery. Her treatment cost was around Rs. 2 lakh. Mr. Verma immediately produced the medical bill to the insurance company and filed a claim. In no time, his insurer paid all the hospital bills without giving Mr. Verma any trouble.
In that same year, Mr. Verma met with an accident while crossing the road. His right leg was severely injured and required an immediate surgery.
His family members had a tough time coping with this problem. However, Mrs. Verma mustered some strength and admitted her husband to the hospital. As she knew about the family floater plan, her family heaved a sigh of relief. Mr. Verma had a successful operation and was out of danger.
His hospital bill amounted to Rs. 1.5 lakh which came under the fixed cover. Out of the remaining Rs. 2 lakh, the insurance company paid Rs. 1.5 lakh to the healthcare center. This way, Mr. Verma with the sole assistance of a family floater health insurance policy saved himself and his family from a huge monetary problem.
It gives you the opportunity to buy the family floater policy online without any hassles. A trust-worthy insurance comparison portal, GIBL is your one-stop shop for family healthcare plans. Visit the link below and end your search here for the most ideal family floater policy.
[Source: https://besthealthinsurancepoliciesinindia.wordpress.com/2015/11/19/is-family-floater-right-for-you/]
Today, a family floater plan is the only way to provide complete health security to your family. A standard family floater healthcare plan covers the medical costs for more than one family member. Unlike an individual health insurance scheme, in a family floater policy all the members of the family share the fixed cover. Put simply, it does not pose limitations on the amount of cover for each family member
You can cover dependent parents or children in family floater insurance policy in order to claim deductions under 80D of the Income Tax Act. Under a single plan, apart from you, your spouse and children are eligible for the fixed cover.
We take the example of Mr. Verma who had recently bought a family floater policy of Rs. 4 lakh. His spouse and children were covered under this health policy. Nevertheless, he realized the necessity of a family floater when his wife was diagnosed with a serious disorder. Luckily, the disorder was not fatal but required long-term treatment. Mr. Verma thanked his lucky stars as he already had a complete health insurance for his family
Post treatment, his wife was on the path of recovery. Her treatment cost was around Rs. 2 lakh. Mr. Verma immediately produced the medical bill to the insurance company and filed a claim. In no time, his insurer paid all the hospital bills without giving Mr. Verma any trouble.
In that same year, Mr. Verma met with an accident while crossing the road. His right leg was severely injured and required an immediate surgery.
His family members had a tough time coping with this problem. However, Mrs. Verma mustered some strength and admitted her husband to the hospital. As she knew about the family floater plan, her family heaved a sigh of relief. Mr. Verma had a successful operation and was out of danger.
His hospital bill amounted to Rs. 1.5 lakh which came under the fixed cover. Out of the remaining Rs. 2 lakh, the insurance company paid Rs. 1.5 lakh to the healthcare center. This way, Mr. Verma with the sole assistance of a family floater health insurance policy saved himself and his family from a huge monetary problem.
It gives you the opportunity to buy the family floater policy online without any hassles. A trust-worthy insurance comparison portal, GIBL is your one-stop shop for family healthcare plans. Visit the link below and end your search here for the most ideal family floater policy.
[Source: https://besthealthinsurancepoliciesinindia.wordpress.com/2015/11/19/is-family-floater-right-for-you/]