Find ways to minimize your existing level of risk

With rising medical costs in India, it is gradually becoming compulsory to get a health cover for the entire family. In this way, you can minimize the kind of distress associated with medical bills. Generally, the common public gets puzzled while choosing the best health insurance for the family. Customers now are looking for affordable floater health insurance plans since with an increasing age the likelihood of falling sick also increases, and consequently you must always compare health care plans before picking up one.

In India, the health insurance is available in two designs – a personal Health Policy and Family Floater Plan. The former is a separate health insurance policy for every family member. Family Floater Plan, on the other hand, covers the entire family under one plan. You can incorporate yourself, parents, spouse, and children in this plan and get a complete medical insurance coverage. This type of policy permits one cover amount for the complete family, helping you to resolve the predicament of covering kids at high amount since they are usually at low risk.  In order to find out the best family floater health insurance plans as per your expectations, you must bear in mind some parameters. 

In India, the Family health insurance plans not only make it trouble-free for the customer to deal with one policy but also offers him a complete family medical insurance with benefits like:

·         As opposed to an individual plan, a family floater policy can be managed and tracked easily. For instance, during the renewal stage you would have to remember just one date instead of two or three dates. Also, you get a complete health cover for family without any complication.

·         Under the Section 80D you get an income tax benefit with family floater policy

·         Most family floater plans are known for proving free of cost health check up for senior citizens who are insured under the plan. This is naturally helpful in minimizing the overall medical cost.

·         On any instance if you want to add a new family member in your family floater plan then you can do it easily. However, with an individual cover you would have to take a new policy whenever there is a fresh addition to the family. Also, if a senior member of the family dies, other members can carry on with the floater without any obstruction in the health cover features.

·         Young couples can avail useful features like maternity and baby cover.


·         Nowadays most insurers offer the option to comprise parent in laws with some negligible cost, making it the ideal health insurance policy for both the families.

When you think of purchasing a Family floater health policy always give priority to coverage for pre existing diseases, insurance for new born baby and exclusions in the first month of the policy. If you want to compare insurance quotes from leading insurers in India then it is better to visit a reliable insurance comparison website like GIBL online.