Education is an important medium of acquiring skills and knowledge. Our education begins at home. Thereafter, as we grow we go to schools, colleges and other educational institutes.
The family is the pillar of an individual�s life. No matter how we suffer, but when it is about our family, we try our best to give our family complete protection against all the odds in the uncertain life. If one pillar gets attacked by some health problem, then your life is all upside down. That is why we want to be prepared to fight against the entire odd situation for the health of our family members. We all know that for the sake of our family, we can spend all our treasure of life and all our savings. But! After spending all that you have on your family how you will give them a better life and future? This is when one decides to buy a Family Health Insurance Policy. Buying individual covers for each and every member of the family need more money invested and you have to file the premium for everyone differently. But in family Health Insurance Policy you have to pay a less premium amount and it will save your money along with the safety of your family. You can even add some new member of the family like the newly wed spouse in the Family Health Insurance Policy very easily, just by informing the insurer. Family insurance will provide a vast umbrella that is enough to save and secure your family in the he
A Family Health Insurance Policy covers all the members of the family against numerous disease and illness. The Family Health Insurance Policy is also called the Family Floater policy and in it, the fixed sum is insured which provide a cover for the complete family. The premium amount of the Family Health Insurance Policy is lower as compared to other insurance plans. Any one who ages 18years to 65 years and resides in India can choose to buy a Family Health Insurance Policy. Family Health Insurance Policy covers up to 15 relationships, in general, that is to protect the complete family. One can compare and decide the best insurance plan for his or her family.
In the age of technology no one has time for slow life and even in the terms of the Insurance Policy, no one can afford to visit door to door of the insurance providing companies as they are so many in number that it is not easy to check them online. PolicyX provides the customer an easy access to the world of insurance policies. One can sit back at home and check every information about the Family Health Insurance Policy with his or her family and choose the policy that suits them best. You cannot even compare the Family Health Plan from the best insurance companies, but also the premium rate can be compared on the PolicyX and can be bought easily and instantly. The customer can choose any plan that suits him or her. Different Family Insurances cover the different plots of the life, one needs to read the terms and conditions very carefully. Some of the basic features covered under Family Health Insurance Policy is �
1. The Family Health Insurance Policy covers the hospitalization charges of the patient that combine of the consultation fees of the doctor, medical bills and even the room charge in the hospital
2. The Cost of drugs and medicines of the policyholder are covered
3. Day care for the whole day is provided for the policy holder
4. Any type of organ donation expenses for the policy holder is covered under the Family Health Insurance Policy.
5. Family Health Insurance Policy provides a facility of domiciliary hospitalization
6. If any ambulance is required in the hour of emergency, its expense is also covered
7. Some insurance companies also cover some of the critical illnesses, but it is not necessary. For example � Tata AIG Wellsurance Family Insurance cover 11 critical diseases.
8. Most of the Family Health Insurance policies promise the life � long renewal beyond the age of 65 years
9. A free look period of 15 days is offered to the policy holder from the date he or she get the receipt of the policy so that the client can take his or her time to review the terms and conditions of the policy one tend to buy. If the policy holder is having some doubts and there is a case of dissatisfaction, policy holder want to cancel the policy he or she buy then the insurance company will offer the refund of the premium amount that is paid. But no free look cancellation policy is applicable if the policy holder wants that at the time of renewal.
10. As per the section 80D of Income Tax Act, the premium amount paid for the policy will be free of tax
