Why Family Floater Policies offer you More for Less by comparepolicy

Why Family Floater Policies offer you More for Less

Why Family Floater Policies Offer You More for Less

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CopyrightÂŠ2017 Comparepolicy.com

Introduction

Necessary to have a good medical insurance for sudden medical emergencies.

“Family Floater Policies enable to buy medical insurance for entire family at cheaper price.”

What Is Family Floater Policy Insurance plan specifically for families.

Similar to individual health plans but Family Floater policy, whole family gains from it

Coverage given for self, spouse, children and parents within same insurance plan. CopyrightÂŠ2017 Comparepolicy.com

How Does Family Floater Policy Work

 Premium charged as per the age of eldest insured member.  The sum insured opted shared among the number of insured's in the policy.  Provides flexibility at least possible costs.

Benefits Of Family Floater Plan

Comprehensive Coverage

Benefit For Entire Family

• Provides all inclusive coverage like consultations, visits, hospitalization, hospitals, ambulance and various other health and medical expenses.

• Coverage of entire family

• Flexibility to add family members after the commencement of the plan.

Benefits Of Family Floater Plan Flexibility of Coverage

• One member of the family provided the coverage of the entire family.

Tax Benefits

• Tax benefit under Section 80D of The Income Tax Act.

Comparison Of Family Floater Policies In India Insurer

Policy

Age Caps

Sum Assured

Star Health

Family Health Optima

16 days– 65 years

1,00,000 – 25,00,000

Max Bupa

Heartbeat

No entry/exit age limit

2,00,000 – 50,00,000

Tata AIG

Wellsurance family

• Tax benefit under 2,00,000 – 6 months – 65Section years 80D of The Income Tax4,00,000 Act.

The Oriental Insurance

Happy Family Floater

18 years – 65 years

1,00,000 – 20,00,000

Reliagare Health Insurance

Care

91 days – no upper limit

3,00,000 – 60,00,000

Conclusion

One should conduct due diligence before buying an â&#x20AC;˘ Tax benefit under Section 80D of The Tax Act. is insurance asIncomeit like making an investment. CopyrightÂŠ2017 Comparepolicy.com

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