Don't Just Insure your Assets Insure your Health as Well
Health insurance is a necessity today due to the high costs of medical treatment and hospitalisation, which is beyond the reach of the common man. Insurance companies offer various health insurance plans India and abroad that you can avail keeping in view your specific requirements.
One of the best health insurance policy in India is the family floater insurance policy. While an individual health plan is appropriate for singles it is always advisable for families to opt for a family floater health insurance plan due to its compelling benefits.
A family floater health insurance plan is considered the best health insurance policy in India because it covers you and your family members for a single sum assured. The total cover can be availed of by any or all family members. This plan eliminates the need to purchase health insurance individually for your family. For example, if you are a newly married couple instead of buying two medical insurance policies that consists of a health cover for Rs. 1 lakh for each member, you can opt for a family floater health insurance plan and have each member covered and avail of the benefits of up to Rs. 2 lakhs in a year. The total sum assured is renewed every year so even if one member claims the specified amount in a year for medical expenses and hospitalisation, the total sum is again available in the next year.
Some of the major highlights of the family floater health insurance are:
The benefits of the total sum insured are available to (floats among) all family members.
Premiums are lower than individual health plans.
The plan is open to the proposer, his or her spouse, dependent children, and dependent parents.
Family floater health insurance plans provide the maximum cover to each family member.
Family floater health insurance plans also include several other benefits.
Most insurance companies offer a free medical check up for the eldest member included in the policy.
You can be sure of paying the same premium for the first two years, which also eliminates the need for renewal.
Those up to the age of 45 are not required to undergo a medical check up. Some providers extend the limit to 55.
Under Section 80 D of the Income Tax Act you can avail of tax benefits of up to Rs. 15,000, and up to Rs. 20,000 for senior citizens.
The probability of more than one family member falling ill during the year is low, thereby making this the ideal policy for a family.
Avail of cashless claims at a number of hospitals included your insurance provider's network.
Most providers include medical and hospitalisation expenses for injuries resulting from acts of terrorism.
Insurance companies also offer flexible payment options.
In India individual seem extremely keen on purchasing car insurance but when it comes to their own health they seem to be careless about the whole idea. With the above benefits in mind, it makes sense to opt for a medical insurance policy that protects you from a crisis all the year round. So next time you look up for Maruti Suzuki insurance online for your new car don't forget to look up a health insurance policy for yourself. After all you need to be healthy enough to drive that car.