The protection offered under health insurance plans for family covers the family members for a set sum assured. This type of policy provides assured coverage to more than one member of the family at the same time, in any case of hospitalisation or illness. You can compare and pick from a range of options provided on our website at RenewBuy and make a smart buying choice.
Through our site you can examine and review multiple plans. These policies for family health insurance cover you, your partner with your children (maximum 4 children).
So, protect your whole family and choose and compare the best family health insurance plans at RenewBuy.
In the family medical insurance plan, the policyholder gets the choice to give insurance coverage to the entire family, including self, parents, spouse and children. This type of floater plan can be a shield for your dear ones.
Also known as a family floater insurance, a family health insurance is the best option if you want coverage for the extended members of the family in a single family health plan.
If you are interested in knowing more about a family health plan, then here are a few points you must remember before buying a health insurance plan for the family.
The family health plan offers coverage to all relative members subject to policy terms. It is based on the health coverage provided, where health insurance is classified into two types below:
While buying a health insurance plan for family, you need to compare it with different health insurance plans, to see the basic coverage provided by them. Most of the health insurance plans provide daycare, hospital expenses, and ambulance charges, etc.
Also, if you’re expecting a tiny new member in your family, then you should choose the family health plan that provides coverage for a newly born or you can also add the baby as a receiver to your current family floater health plan.
A health insurance policy for family is all-inclusive, where it provides coverage to the whole family. It is well suited for the bigger families having many members. You can add each and every one member of the family of any age in the one plan.
We strongly recommend that the policy documents should be read carefully to know more about the standard exclusions. Moreover, this has to be done before you go on to buy the family floater health insurance plan. You need to understand the standard clauses that talk about cashless procedures or information about pre-existing diseases. These terms will decide whether you are eligible to get the claim or not.
Some standard exclusions are as below. There is no coverage for
Family health insurance plan is like a group insurance plan in just one plan, with one annual premium and assured sum.
The eligibility criteria and ages are different for different insurance companies. Moreover once the dependent child reaches a certain age, he has to be covered as an adult in the policy.
Buying health insurance plans for family can turn out to be a smart decision. For this you need to do your research well and buy only after gaining knowledge of all the health plans on offer by different insurance companies.
If you’re planning to buy a health insurance plan for your loved ones, you can compare health insurance plans for family at RenewBuy. Factoring in the above points you can compare and decide the best plan suitable for you and your whole family.