Family health insurance perfusion policy is also popularly known as Family Floater Health Plan (policies). They do one of the most popular types of health care plans available in the Indian insurance supermarket. The goal determines to cover every member of your family below a single umbrella plan. The cover is given in the sum insured, distributed based on the number of family members or as a whole amount for the complete family. The body is possible in financial aid used to pay off hospital bills, treat illness, doctor’s fees, medical treatment costs, and emergency damage.
Below a family floater plan, you can include yourself, your spouse, dependent children, parents, and in many cases, even parents-in-law. Every member of your family can maintain up to the total sum protected. In extension to the original cover, family health insurance plans also cover expenses/hospitalization bills related to COVID-19.
General Insurance | Health Insurance | Indemnity Insurance
Buy Family Health Insurance Plans Eligibility Criteria
Below are mentioned the eligibility criteria for Family Health Insurance Policy is as follows:
- Entry Age: The entry age for a policyholder/proposer is from 18 to 65 years. Some insurance companies may allow it up to 70 years and above.
- Family Members Entry Age: For Adults: The minimum entry age is 18 years, and the maximum 65 years. Some insurance companies may allow it up to 70 years and above.
- For Dependent Children: The minimum age for children under the family health insurance is from 90 days (this may vary, some insurers may allow it from 30 days, and some may have many entries age) to 25 years.
- Medical Tests: Some insurers ask for medical tests to be carried out at their specified centres. While some insurers offer family health insurance policy up to specific age, say, 45 years, without any medical tests. In some situations, insurers may do medical check-up necessary.
- Renewal: Almost all insurance companies offer lifetime renewal. It would help if you renewed your family health coverage policy every year to keep it in force and renew before it expires. After the due date of renewal, the insurance company gives a balance period of 30 days. If you want to have the policy in force, you must recover before the grace period ends or else the policy cancels.
Care Insurance | ICICI Lombard | Cover Fox
Health Floating Insurance Plans
- Stress-free hospitalization Insurance Cover
- Protect New family members
- Get Health Insurance Cover for Parents in both plans
- Affordable Premium
- COVID-19 Health Insurance for Family
- Grant to avail additional benefits
- Tax Benefits & Premium
- Grab Discounts
Caseless Claim Process for Health Floating Insurance
- Go to the insurance website of Network hospital.
- Provide ID card for identification.
- Pre-authorization form to be filled and submitted.
- TPA verifies the documents and approves the cashless claim
- The insurer also allows a field official who makes the claim process simple for the policyholders.
Reimbursement Claim Process
- When discharged, the policyholder should pay everything the hospital bills and assemble all original documents.
- The compensation claim form must be submitted to the insurer or TPA claims team and all the needed records, hospital and medicine bills, medical and conference reports and bills, and any other document as required in the original.
- The claim will be approved by the Insurer/TPA and then received as per the policy terms and conditions.
Best of Luck…!!!