Health insurance plans for family provide financial security for parents, spouses, children, and grandparents. Insurance firms in India offer their clients a variety of policies with various features. Nonetheless, they must conduct the necessary study, which will significantly assist in choosing the best option. When selecting the best family health insurance plans, it is essential to consider several factors that will aid in making the best choice. The objective of most insurance policies is to meet the coverage needs of individuals.
Policyholders should know the contents and exclusions when selecting a family floater option. Consequently, this facilitates the filing of insurance claims. In addition, having the right sort of family insurance offers techniques for maximising protection against high medical costs. Therefore, before investing money, it is prudent to obtain information from several sources on India’s finest family insurance policies. Moreover, it permits policyholders to receive high-quality care at hospitals on the list.
Top 5 Family Insurance Policies in India
ReAssure
ReAssure Insurance Plan is one of the safest and most comforting family health insurance plans. This strategy exceeds expectations. It doubles your money covered in two years with unlimited reinstatement. It guarantees lifetime plan renewal and gives up to 30% discounts. The plan covers up to six people and includes health checkups for all insured members from Day 1. Day-one diabetes and hypertension coverage, urgent treatment, and medical consultations are available.
Senior First
Senior First, a health insurance plan that comes with the assurance of affection. There are two alternatives available, gold and platinum, it helps offer your parents, and grandparents secure -healthy living, critical care and treatment in times of need. Get coverage for Ayurvedic, Unani, Siddha, and Homoeopathic therapies under AYUSH up to the sum insured. Expenses are covered 60 days before hospitalisation and 180 days after release. With the Platinum Plan, you are eligible for an annual health examination beginning on the first day of coverage.
Arogya Sanjeevani
Arogya Sanjeevani covers hospitalisation and medical expenses up to Rs. 5 Lakhs. The Insurance Regulatory and Development Authority of India (IRDAI) mandates basic insurance for individuals and families from all health insurers. Arogya Sanjeevani Health Policy covers all Indian general and medical insurance companies. Pre- and post-hospitalisation costs include bed, nursing, ICU, and doctor consultations. Arogya Sanjeevani Insurance protects your family financially from medical emergencies. Arogya Sanjeevani Family Floater Plan benefits everyone. Spouses, children, parents, and parents-in-law are all covered.
Health Recharge
Niva Bupa Health Recharge Policy is a super top-up policy. It protects your family at a low cost. You can bring your spouse and up to four children. The sum insured ranges from Rs. 2 Lakhs to 95 Lakhs. E-Saver and super top-up choices demand a deductible between Rs. 10k and Rs. 1 Lakh.
The coverage includes hospitalisation, pre- and post-hospitalisation, organ transplant, e-consultation, childcare, alternative therapy, and emergency ambulance costs. You can add coverage to this policy by paying more during insurance purchases: personal accidents, severe sickness, and room rent changes. Even if you have basic insurance, the policy provides broad coverage.
Money Saver
The Niva Bupa Money Saver Insurance provides you and your loved ones with cashless hospitalisation at network hospitals for insured members. Also, ambulance charges are reimbursed. After approving the inpatient claim, we cover these expenses. This coverage covers a private room at a hospital without restrictions on room rent. If a hospital bed is unavailable or your doctor advises home care, your plan will compensate you. The coverage extends 30 days before and 60 days following hospitalisation. Your family health insurance plan covers dental, ENT, and more procedures. Reimbursement is also made for an organ donor’s hospitalisation expenses while harvesting the donated organ.
Final Thought
Concludingly, a family health insurance plan is a type of insurance that covers all family members under a single policy. Under this plan, all family members share a predetermined amount of coverage, with the premise that not everyone would become ill simultaneously. Most family insurance policies provide cashless hospitalisation, maternity benefits, and pre-and post-hospitalisation coverage.