Health Insurance Plans for Family

When buying a family health insurance plan in India, make sure the policy you wish to purchase has the following features:

• Sum Insured :You must read the fine print to know what is covered and not covered in your family health insurance plan. Get a plan that offers maximum coverage, including pre-and post-hospitalization care.
• Eligibility of Members:A family health insurance plan will cover your newborn child from the age of 3 months upto 21 years. Some plans include senior citizens as well as individuals with pre-existing diseases.
• Health Coverage:You must ensure that your family health insurance offers extensive coverage for all health checkups, vaccinations, hospitalization, and post-hospitalization care. Coverage should include alternative treatments, ambulance assistance, doctor fees, tests, etc.
• Cashless Hospitalization:You buy a family health insurance plan because you are protected against healthcare expenses. So, get a plan with cashless facilities for all members so your family health insurance will bear all the costs when the need arises.
• Maternity Cover:All to-be moms should be included in the family health insurance plan. It should cover fertility/IVF treatments and delivery costs for caesarean and normal delivery.
• Accidental & Critical Illness Cover:If a family member is in an accident or is critically ill, your family health insurance plan should step up and offer benefits.

Platinum Plan:Per claim-free year, a bonus of 50% is added to the total bonus.

Multiple sum insured options:You can select from 3 plan options, along with options for covering sums ranging from 1.5 lakhs to 1 crore

Immediate family cover:This policy covers you, your spouse, and your children

Ayurvedic and homoeopathic treatment:With the Gold & Platinum Plan, policyholders are covered for inpatient hospitalization expenses (up to Rs 20,000) in a recognized Ayurvedic/Homoeopathic hospital with the admission period not less than 24 hours.

Convalescence benefit:A continuous hospitalization claim for more than 10 days is eligible for a benefit pay out of Rs 7500 per year, provided the hospitalization claim is admissible.

Sum insured reinstatement: The amount insured, along with any cumulative bonus (if any), will be reinstated if it has been exhausted by the end of your policy year.

Road ambulance cover:Ambulance expenses incurred during the policy period will be covered up to Rs. 20,000.

Daily cash benefit: As an accommodation expense benefit, one parent or legal guardian may claim Rs 500 per day for up to 10 days during a policy year, to stay with a minor insured under the policy.

Day-care procedures cover:Under this policy, listed day-care procedures and surgeries are covered for medical expenses incurred during treatment.

Bariatric surgery cover:Medical advice is required for bariatric surgery coverage, subject to certain terms and conditions.

Pre and post hospitalization:The policy covers medical expenses 60 days prior to and 90 days following hospitalization.

Maternity/new born baby cover: The policy covers maternity expenses as well as medical expenses incurred for treating a newborn. However, certain terms and conditions apply.