Family Health Insurance

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 heavy rains.

Importance of Family Health Insurance

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

Advantages Of The Family Floater Mediclaim Policy

The Company is providing the online buying option through which you can save your time and hard earned money as well. With the online facility, you can buy the desired plan from the comfort of home and can clear your all queries as well. This option provides more ease and comfort to the clientele.

Useful Features

It comes with many helpful and attractive features such as coverage on maternity, new born baby, etc.As this is the world of inflation, income is increased due to industrialization, but with that everything is also getting expensive. And so is with the cost of medical treatment, it also increases and so is the number of diseases. So, the insurance providing companies increase and upgrade the facility that they offer to their customers but, along with that the amount of premium to be paid for the insurance policies. Even when you are in the routine of updating and renewing your insurance policy time and you have No Claim Bonus in your favor, few insurance companies provide the policy holder a bonus or reward by increasing his or her amount of the sum that is insured. So, one should be well aware of the terms and conditions and history of the company before he or she buy any insurance plan, so that he or she has a knowledge about any such benefit provided by their insurance company.

Family Health Insurance Plans

There are a number of Insurance Companies that provide the facility to the client to choose the Family Health Insurance plans. You can choose after comparing various policiesfrom the site of PolicyX and you can easily get the quote for the policy you are looking for. Following are the few Insurance companies from which you can compare and buy the Family Health Insurance plans for the safety of your family –

Exclusions : Family Health Insurance Policy

Insurance Policies cover a vast range of needs of the common man. Still, there are few restrictions and exclusions that remain for most of the Family Health Insurance policies. So, one needs to check the column and lists of the exclusions in their insurance policies. Some of the exclusions of the Family Health Insurance policy are as follows –

1. Family Health Insurance Policy does not cover any type of health disease that is caused by excess intake of alcohol or drugs that are not prescribed by any doctor.

2. Sexually Transmitted Diseases ( STDs) like AIDS or HIV are excluded from the Family Health Insurance Policy

3. Any treatment for complications in pregnancy like infertility, abortion or miscarriage or any treatment related to childbirth is not covered under any Family Health Insurance Policy

4. Non – allopathic treatments are not reimbursed or assisted under the Family Health Insurance Policy

5. Any assistance for the dental or oral treatment is not provided.

6. Any reimburse for any loss or damage caused due to mental disorder is not entertained by Family Health Insurance Policy.

7. No diagnostic fees will be reimbursed if the policyholder has no positive sign for the disease, but he or she wants to undergo the medical tests.

8. Any harm or loss caused because of any suicidal attempt of the policyholder is strictly excluded from the Family Health Insurance Policy.

Claim Process

Family Health Insurance Policy follows the same claim reimbursement process. But, you should not forget to check the terms and conditions of the claim process of the company they owe the health insurance policy. The Policyholder should understand the claim settlement process of the insurance policy and should check the settling of policy claim. The policyholder can choose a company that provides the facility of cashless hospitalization in which there is no need of any hustle bustle and load of any documentation and other formalities as one have to do in the policy claim settlement and reimbursement. But one should make sure that even if their facility of cashless hospitalization, policy holder should check that if the hospitals listed in the policy are reputed or not. So, there are many insurance policies in the market, but you and your family deserve the best. PolicyX will not only help you in comparison of policy, but you will get all information like discounts, benefits, claim reimbursements, new add-on information and attractive features of the website of PolicyX. Moreover, PolicyX will represent you to the insurance company in every aspect and will help you to project your questions and doubts on every step. This is a promise that you will enjoy a hassle-free assistance and customer support of the PolicyX team whenever you need it without any delay.

Why Compare With PolicyX.com

You may come across a lot of portals which are offering comparison services. But at PolicyX.com, what you get is unbiased advice to take care of your health related needs. Our database is linked with leading health insurers, which allow us to offer accurate quotes and features to you on a real time basis. You can complete your policy purchase on our portal by using different payment options such as credit, debit card or net banking. Please keep in mind that few policies may require medical tests for certain age groups before purchase. Our team of dedicated telesales executives will help you in the same so that you can undergo medical tests at your nearest location and can make a payment online for policy issuance.

1. PolicyX.com is IRDA approved portal and thus follows the norms of IRDA for accurate and trustworthy comparison service

2. Comparison of individual health insurance policies at PolicyX.com is completely free of cost

3. PolicyX.com provides plan comparison from leading brands such as Religare Health, Max Bupa, Bharti Axa, Tata AI, Apollo Munich, Star Health, etc.

4. Buy policies within minutes by filling up the online form. Most of our health plans are online and you can get your policy instantly by making an online payment.

Basic Health Coverage For Family Floater

Almost all the expenses related to treatment or hospitalization are covered by the family mediclaim policy, but it is still vital to check the features of the plan and what it basically covers. You should check from when does the policy start covering the pre-existing diseases and check out the exclusions as well.

YOU TAKE CARE OF YOUR FAMILY AND WE, AT POLCYX, WILL TAKE CARE OF YOU