Health Insurance Plans for Family

Today's medical care requires family financial security. Family health insurance covers individual or floater sum insured medical expenses for your family in an emergency. Family health insurance plans offer great benefits, a big network of cashless hospitals, and fast claim settlement.

Nov 4, 2023 - 18:49 Updated: Nov 4, 2023 - 19:52

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Health Insurance Plans for Family

What is Family Health Insurance?

A family health insurance plan is a type of medical insurance that provides coverage for an individual's immediate family under a single plan. This plan assumes that not all family members will become ill at the same time and covers them for a predetermined sum insured. Cashless hospitalization services, maternity benefits, and pre- and post-hospitalization coverage are standard features of family health insurance policies.

Best Health Insurance Plans for Family in India 2023

We have compiled a list of some of the best family health insurance plans from leading health insurance providers in India for your convenience so that you may shop for a mediclaim policy on Policybazaar.com. Look at this!

Family Health Insurance Plans	Sum Insured (Rs)	Key Benefits
Aditya Birla Activ Health Platinum Plan	2 lakh to 2 crore	Day care procedures In-patient hospitalization expenses OPD cover Home treatment Obesity Treatment
Bajaj Allianz Health Guard Plan	1.5 lakh to 1 crore	Pre-post hospitalization expenses charges Road ambulance Preventive health check-up Maternity expenses Bariatric surgery cover
Bharti AXA Smart Super Health Insurance Policy	50,000 to 5 lakh	Hospitalization benefit Critical illness Pre-existing diseases Transplantation of organs Pre-post hospitalization expenses
Care Health Insurance Plan	5 lakh to 75 lakh	Maternity cover In-patient-hospitalization expenses Organ donor expenses Daily allowance Annual health check-up
Cholamandalam Healthline Insurance Policy	2 lakh to 25 lakh	Emergency ambulance expenses Hospitalization coverage Maternity cover Extended hospitalization allowance Outpatient expenses (dental, hearing aid, contact lens & spectacles)
Digit Health Care Plus Policy	2 lakh to 3 crore	Pre-post hospitalization expenses Maternity benefit Hospitalization benefit Infertility treatment cover OPD benefit
Zuno (Formerly Edelweiss) Health Insurance Policy	1 lakh to 1 crore	Day care treatment Maternity benefit Recovery benefit Hospitalization expenses Health check-up
Future Generali Future Health Suraksha Plan	2 lakh to 10 lakh	Ambulance charges Day care treatment Hospitalization expenses Pre-post hospitalization expenses Patient Care
IFFCO Tokio Family Health Protector Policy	1.5 lakh to 30 lakh	Organ donor expenses Hospitalization expenses Vaccination expenses Domiciliary hospitalization Daily allowance
Kotak Mahindra Health Care Policy	3 lakh to 25 lakh	In-patient hospitalization expenses Free health check-up Ambulance cover Pre-post hospitalization expenses Day care procedures
Liberty Secure Health Connect Policy	2 lakh to 15 lakh	Emergency local road ambulance charges Pre-post hospitalization expenses Daily cash allowance Day care procedures Cumulative bonus
ManipalCigna ProHealth Insurance Plan	2.5 lakh to 1 crore	AYUSH cover In-patient hospitalization expenses Maternity expenses Domiciliary hospitalization Worldwide emergency cover
Niva Bupa (Formerly known as Max Bupa) Heartbeat Health Insurance Plan	3 lakh to 50 lakh	Maternity benefit In-patient care Alternative treatment Mental disorder treatment HIV AIDS treatment
National Parivar Mediclaim Policy (Floater Policy)	1 lakh to 10 lakh	Pre-post hospitalization expenses Morbid obesity treatment Organ donor’s medical expenses Mental illness cover Infertility
New India Assurance Floater Mediclaim Policy	2 lakh to 15 lakh	Hospitalization expenses Hospital cash Modern treatment Critical care benefit Congenital disease treatment
Oriental Happy Family Floater Policy	2 lakh to 20 lakh	Maternity expenses Pre-post hospitalization cover Mental illness cover Domiciliary hospitalization benefits Attendant allowance
Raheja Health QuBE Insurance Policy	2 lakh to 50 lakh	Medical check-up In-patient hospitalization expenses Organ donor benefit Ambulance charges Daily allowance
Reliance HealthWise Policy	1 lakh to 5 lakh	Critical illness Modern treatment Donor expenses Pre-post hospitalization expenses Domiciliary hospitalization
Royal Sundaram Lifeline Insurance Policy	2 lakh to 1.5 crore	OPD treatment Day care procedures In-patient care Maternity benefits Worldwide emergency hospitalization
SBI Arogya Premier Health Insurance Policy	10 lakh to 30 lakh	Ambulance expenses Hospitalization expenses Advanced treatments Maternity expenses Genetic disorders
Star Family Health Optima Insurance Plan	3 lakh to 25 lakh	Day care procedures Pre-post hospitalization expenses Assisted reproduction treatment Newborn baby cover AYUSH treatment
Tata AIG MediCare Policy	3 lakh to 20 lakh	In-patient treatment Ambulance cover AYUSH benefit Consumables benefit Vaccination cover
United India Family Medicare Policy	3 lakh to 25 lakh	Health Check-up Pre-post hospitalization expenses Modern treatment Day care treatment Organ donor expenses
Universal Sompo Complete Healthcare Insurance Policy	1 lakh to 10 lakh	Maternity and childcare benefit OPD treatment In-patient hospitalization expenses Vaccination cover Domiciliary hospitalization

Benefits of Buying Health Insurance Plans for Family

In order to make it easier for you to shop for a mediclaim policy, we have produced a list of some of the top family health insurance policies from major health insurance providers in India. Take a look!

1. Stress-free Hospitalization Expense Cover

In the event of hospitalization, the covered member of the family can receive the same kind of cashless care available through individual health insurance at any hospital in the insurer's network. All your loved ones can join the healthcare system without having to sacrifice quality of care.

2. Get Health Insurance Cover for Parents in the Same Plan

Several health insurance companies allow consumers to include both parents and parents-in-law in a family health plan at no extra cost. Under one plan, you can protect your parents' and your spouse's parents' health.

3. Affordable Premium

You can cover your spouse, child, and parents under the same plan at a reasonable rate because family health insurance policies do not force you to pay individual premiums for all family members. However, it is advisable to acquire separate health protection for your parents considering their age-related health conditions.

4. Insure New Family Members Easily

You can easily add a new family member to your family health insurance plan by paying an additional cost. Unlike individual coverage, you do not need to purchase a new policy every time your family grows. Make careful to raise your sum insured if you add your parents to an existing family health insurance plan.

5. COVID Health Insurance for Family

You can purchase Coronavirus health insurance to protect yourself and your family from COVID-19. Although all insurance companies give coronavirus treatment coverage under basic health insurance plans, a coronavirus-specific plan called the 'Corona Kavach policy' has been launched that pays inpatient costs incurred during coronavirus treatment on a floater basis.

6. Option to Avail Additional Benefits

Family health plans include a variety of add-on benefits, such as critical sickness coverage, maternity coverage, and so on. Before purchasing the finest health insurance plan for your family, make sure to carefully read the policy conditions to learn about any waiting periods that may apply to any add-on covers.

7. Tax Benefits on Health Insurance Premium

The health insurance premium is free from taxation under Section 80D of the Income Tax Act. If you pay the health insurance premiums for your family and parents, you may be entitled for tax breaks.

What is covered in a Family Health Insurance Plan?

Consider the most typical types of coverage provided through family health insurance plans:

In-patient Hospitalization Expenses– Any medical expenses incurred during a hospital stay of more than 24 hours due to an illness or an accident are covered.
Day Care Procedures– It covers the expense of day care operations that require fewer than 24 hours of hospitalization.

Ambulance Charges–The costs of using an ambulance to get to the hospital during a medical emergency are covered.
Pre and Post-Hospitalization Expenses –Medical expenses incurred prior to hospitalization (medical investigation, testing, etc.) and after release (follow-up consultation, etc.) are also covered up to a set number of days.
Maternity Cover– Most family health insurance policies include maternity coverage, which covers pregnancy-related expenses as well as newborn baby expenses.

as taken overseas unless it is included in the plan
Any illness or injury resulting due to war conditions, nuclear reaction, rebellion, acts of foreign enemies, etc.
Injury or illness due to participation in unethical or criminal activities
Pregnancy or childbirth-related complications (unless mentioned in the plan)like voluntary termination of pregnancy, miscarriage or abortion, etc.
Any pre-existing medical condition is not covered until the completion of the waiting period

Eligibility Criteria to Buy a Family Health Insurance Plan

Every family health insurance plan comes with eligibility criteria. Although the eligibility criteria vary from one plan to another, the following table shows the common eligibility criteria for family health insurance plans in India:

Categories	Specifications
Minimum Entry Age	Adult – 18 years Children – 90 days
Maximum Entry Age	Adult – 65 years Children – 25 years
Family Members Covered	Self, spouse, dependent children, dependent parents and parents-in-law
Renewability	Lifetime

There are certain key points about family health insurance plans that you must know before you decide to buy the plan. These points are given below:

Family health plansallow you to include new members in the policy at the cost of an additional premium.
The policy expires as soon as the eldest member of the family reaches the maximum covered age of a person.
You must choose to increase the sum assured if you include new family members in the policy to ensure enough coverage for eachfamily member.
The policy no longer covers a dependent child as soon as he/she crosses the age limit specified in the policy document.
Don't include your senior citizen parents in your existing family health plan, as it will significantly increase the premium. Moreover, the coverage will not be suited for their age-related health issues.

Why to Buy Health Insurance Plans for Family Online?

There are a plethora of family mediclaim policies in India, which makes choosing the best plan a difficult task. You can save your time by comparing the quotes of different family health insurance plans online at websites like Policybazaar.com. Let’s look at some of the reasons why you should consider buying a family health insurance plan online:

More Convenient

Buying a health insurance plan for your family online is a convenient process. You can easily compare various plans or get expert advice anytime, anywhere. Besides, you don’t need to fill up multiple forms at the time of buying the plan or stand in a queue to submit them.

Instant Quotes

The process of buying family health insurance is very quick as you can get quotes from different insurance companies instantly. The quotes can be compared with each other to help you choose the best plan within your budget.
Safe Payment Modes

As the world has turned digital, people prefer online payment over cash or cheque to reduce the risk of fraud. Digital payment options, such as debit cards, net banking, credit cards, etc. with safe payment gateways are available when the family health plan is purchased online.
Instant Policy Issuance

Gone are the days when you had to wait for weeks to get your policy document. Your policy will be issued almost instantly when you purchase it online.
Online Access to Policy Services

Once you have purchased a family health insurance plan, you can easily access your policy documents and avail after-sales services online or by downloading the mobile application. You can also raise a health insurance claim online.

Things to Consider Before Buying a Family Health Insurance Plan

Here are a few important points that you must consider before buying a health insurance plan for your family:

Check the Family Health Insurance Plan Coverage

Before buying a family health insurance plan, it is important to check the coverage offered under the plan. Almost all family health plans offer coverage for day care expenses, in-hospitalization expenses, ambulance charges, pre & post-hospitalization expenses, etc. Opt for a plan that appropriately covers your family health needs within your budget.

Opt for a Plan with the Sum Inured Enhancement Option

The cost of medical facilities keeps increasing due to inflation. Thus, you must opt for a plan that comes with an option to enhance your sum insured during renewals. Several insurers offer cumulative bonus benefit that increases your sum insured amount up to 100% if you do not raise a claim in the previous policy years.
Check for Availability of Cashless Hospitalization

All health insurance companies in India offers cashless hospitalization facilities at their network hospitals. This makes the hospitalization process seamless and hassle-free. However, it is imperative to crosscheck the cashless hospital list before buying the plan to ensure that good hospitals near your house are included.
Check the Maximum Renewal Age

A few health insurance companies in India offer family health policy renewal options until the eldest family member turns 60/65 years old. However, you should opt for a family health insurance plan that comes with a lifelong policy renewal facility.
Get Hassle-free Claim Settlement

Before buying any health insurance plan for your family, make sure to check and understand the insurance company's claim settlement process. Opt for a plan that follows a quick claim settlement procedure. Many companies these days also offer cashless hospitalization facilities that are hassle-free.

How to File a Claim for a Family Health Insurance Plan?

You can file a health insurance claim in two ways - cashless claim and reimbursement claim. The procedure for both types of claims are given below:

Cashless Claim Process:

Inform your insurance company about the health emergency
Fill upthe pre-authorization form, which you can find at the TPA or insurance desk of the network
Submit the pre-authorization form with otherdocuments to the hospital who will forward it to your insurer

The claim management team of your insurer will send you the letter of approval if the claim request is approved.
If there is any query regarding your claim, then the insurance company will contact the hospital for the same.
If it’s not approved, you will need to request for reimbursement claim.
Once approved, receive the treatment at the hospital and sign all the documents before discharge.
Your insurer will settle your medical bills with the network hospital.

Reimbursement Claim Process:

Intimate your insurer about your medical emergency
Receive the treatment at a non-network hospital
Pay the hospital billsand collect all documents at the time of discharge
Submit the filled-in claim form along with other required documents to your insurance provider
The claim management team of the insurance companywill review your claim.
You will receive a letter of approval or rejection from the team after your claim has been verified

How to Buy a Health Insurance Plan for Family Online from Policybazaar?

If you want to buy a health insurance plan to cover all your family members, you can easily buy it online on Policybazaar Insurance Broker Private Limited. They allow you to compare multiple family health insurance plans online to buy the best one within your budget. Follow the steps given below to buy a family health insurance plan online from Policybazaar.com:

Go to the website of Policybaaar.com
Click on the ‘Health Insurance’ icon on the homepage

Enter your contact details, such as your name, phone number and gender
Select the family members you want to cover and enter the age of the eldest member & eldest child
Provide details of your any past medical history
Family health insurance plans from multiple insurance companies will be displayed
Compare the plans and choose the best plan for your family’s needs
Pay the premium for the plan online
You will receive your family health insurance policy within a few minutes.

In case of any query, you can reach out to insurance experts at Policybazaar.com by calling on the toll-free number at 1800-208-8787 or by sending an email to care@policybazaar.com