Health insurance plan for parents and children


Health insurance plans that include not only you but your whole family is a strong agreement.

In one premium you can cover up to 15 members of your family. A comprehensive health insurance plan like that is called a family applicant’s plan. Because, it is a single policy that takes care of every member of your family; You run away from the task of maintaining a lot of individual health policies and tracking their update date. Also, family floater policies weigh on you are cheaper than taking many individual policies.

As the cost of other things rise, the cost of medical costs also rises. Health insurance policies offer features of an increase in insured amount after several years. Sometimes, as a gift for your policy updates on time and there are no claims, insurance companies increase the amount of money you are guaranteed. Family Floater Policy is a rescue of life for home and makes you ready to face medical possibilities with confidence. In the case of medical emergencies, repeatedly maintenance costs cause more fear and pain than the emergency itself.

For what was previously considered luxury now is a must.

The service sector has been exponentially boomed in India for the past few decades. And thus, this boom has passed the economy scale to the insurance and banking sectors as well. The premium is quite affordable and the service has been better. Irda since its arrangement in 1999 has taken good steps to regulate the insurance industry and win mass confidence in insurance. The previous people were very skeptical whether their claims would be paid or not but the scenario had changed a lot since then.

Previously the only health insurance used to be owned by people was done by their employers for them. Besides that, only a few choices are used to buy it. Some people are used to buy health insurance only for tax benefits. One can get handsome tax exemptions below the 80D section, but not the only motivation to go for a health insurance plan. With increasing awareness of people now know how profitable health insurance plans for them.

You can also take a health plan exclusively for your parents.

The plan has no entry business limits, covering existing diseases such as diabetes and heart condition and 100% claims resolution without paying together.
Aging parents have more medical needs for tenders. If parents are senior citizens, you can get additional tax discounts until the hospital. 20000 for the money paid as a premium.

Compare the health insurance plan to take advantage of the best deal and plan loaded with interesting and suitable features. After experts, someone must compare plans at least three companies before buying. More informed about the market, you can use the competition. Thus, healthy suggestions are conducting sufficient market research and evaluation. A healthy family signifies happiness and prosperity !!

Posted in: Insurance