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FAMILY FLOATER PLAN
How much health insurance cover do you need? Here’s the ideal cover for ₹10 lakh, ₹20 lakh, ₹30 lakh, and ₹50 lakh annual income as per expertsSoaring medical costs, with surgery expenses up 250-300%, necessitate robust health insurance. Experts advise a minimum of Rs 10-15 lakh fo...
Maternity cover in group health insurance plans: Why outdated limits leave employees paying more out of pocketOne of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically ...
Want higher health insurance coverage through super top-up policy? HDFC Ergo, Aditya Birla, ICICI Lombard, Niva Bupa, Care plans comparedRising healthcare costs necessitate enhanced coverage beyond base policies. Super top-up plans offer this crucial protection, acting as an ...
Are you ready to pay up to 25% higher premium for your health insurance this year? Here are the ways to reduce your premiumHealth insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...
Should I increase my term insurance cover of Rs 75 lakh and health insurance cover of Rs 10 lakh considering inflation?ET Wealth Reader's Query: I am 38, a salaried professional earning Rs 22 lakh annually. My family includes a spouse and a 5-year-old child....
NICU care can cost Rs 5,000-10,000 per day: Why parents should know about newborn coverage and its sub-limits in health insuranceParents buy maternity cover for delivery, but the bigger financial risk is complications after birth.
Health cover for parents: Should you add them to your family floater health insurance plan? Know what suits you the bestWhen insuring senior parents, adding them to a family floater plan can significantly increase premiums due to the eldest member's age. You ...
Family floater health insurance plans can be 40–60% cheaper than individual plans, but which one works better for your family?Choosing between family floater and individual health insurance plans involves weighing shared coverage against dedicated protection. While...
I forgot to renew my family floater health insurance policy; what should I do now?A health insurance policy offers a grace period of around 30 days after the due date to make sure the policy is active.
Corona Kavach insurance policies cross 1 crore milestoneAs Corona Kavach policies have a maximum sum insured, most people were buying it as an individual cover and not family floater (as only one...
Should one choose individual or family floater health insurance plan?If you have a family history or if one member has an adverse health condition, buying individual health cover will help in the long run.
Family Finance: Why Bengaluru-based Vijay & Suganya need to put off some of their goalsThe goals for the couple includes saving for contingencies, child’s education and wedding, retirement, buying a house and a car.
Family Finance: High surplus and early planning will help Navi Mumbai couple meet their goalsThe combined income of the couple is Rs 2.45 lakh a month and their goals include buying a car, another house, their future child’s educati...
Family Finance: Starting to save early, high surplus to help Bengaluru-based Kumars meet goalsHere's why salaried Saurav Kumar and Slagha Sreyans, 31, won't face any difficulty in meeting their long list of goals.
Why you should not include parents in medical insurance floater policiesThe premium for family floater is based on the age of the oldest member. Hence, including elderly parents in the floater plan will mean pay...
Insurance queries answered by Abhijeet Ghosh, Head, Health Insurance, Bajaj AllianzIf you are above 70 years of age, choose a plan with minimal waiting period that don't have disease-wise claim capping, says expert.
Floaters plans are for younger familiesThe health insurance industry is seeing potential policy buyers opting for higher sum assured than they used to a year back.
How to ensure health insurance plans for extended familyYou now have a third option of buying a health insurance plan that will cover not only your parents, but also in-laws, siblings and even co...
- Save on Health Cover Cost with a floater plan
An individual plan covers only the policyholder, whereasafamilyfloatercoversthe entire family, usually comprising self, spouse and two depe...
- Lost count of insurance policies? Opt for policy packages to suit your needs
After buying insurance products, the real challenge is keeping track of these policies and renewing them year after year on time.