There has been a rise in lifestyle related diseases and the chances of passing them on to the next generation have also become higher. With the increasing incidence of such diseases, the rates for medical treatments have also gone up. That is why it is always valuable to invest in a good medical health insurance for the whole family.
Having a mediclaim policy for the entire family will let you go through unexpected medical emergencies in a financially secure manner. Investing in a good family floater insurance plan is always of utmost importance as these mediclaim policies cover the treatment for all the immediate members of the family under one single plan.
A family floater health policy plan is available for different sums. The whole coverage amount will be floated among each member who is insured in the plan. You can choose from a variety of options depending on the strength and the benefits of the mediclaim policy for family. Here are some benefits of choosing a single floater family health insurance:
- No Hassle
A family floater health insurance is easier to manage than have individual mediclaim policies for each member of the family. You will need to renew or pay the premium only once a year for the whole family.
- Smaller Premium Amount
The amount of the premium for floater health insurance is always lesser than paying them for individual mediclaim for the all the members. Choose the best mediclaim policy for your familyand get covered for most of your medical expenses in just one single premium for the year.
- Offers And Deals
Many health insurance companies offer free annual check ups for the family especially for the senior citizens under their family health insurance plans.
- Cashless Transactions With Health ID Cards
Most family health insurance plans offer health ID cards for each of the members opted under the plan. These cards come in handy and let you make cashless transactions at the hospital without going through any documentation hassle.
- Maternity And Infant Care Expenses
To encourage young couples to insure themselves against any medical expenses, most policy companies offer benefits for maternity expenses as well as for those incurred for their baby, for example, the vaccination expenses.
- Tax Benefits
An investment in mediclaim policy for familywill also reap you tax benefits under Section 80D.
You can browse through various family health insurance plans online and choose the best for you and your family. Once insured, you can be rest assured about taking care of any unexpected medical expenses without causing a dent in your savings.
Read more about family health plan by HDFC Life.
About HDFC Life:
HDFC Life, one of India’s leading private life insurance companies promoted by HDFC Ltd. & Standard Life Ltd., offers a range of individual and group insurance solutions
