Introduction
Family floater insurance is an essential component of financial planning, providing comprehensive coverage for the entire family under a single policy. As of 2023, there are several top insurance providers in India offering exceptional family floater insurance plans. In this article, we will discuss the best family floater insurance plans in India for 2023, focusing on their standout features.
1. Aditya Birla Health Insurance
Aditya Birla Health Insurance offers a range of family floater insurance plans that cater to various needs. Their plans come with comprehensive coverage, including hospitalization expenses, pre and post-hospitalization costs, day care procedures, and more. Additionally, they provide options for adding critical illness cover and maternity benefits.
Key Features:
- Comprehensive coverage for the entire family in a single policy.
- Inclusion of critical illness cover for additional protection.
- Cashless claim settlement at a vast network of hospitals across India.
- In-house claims settlement to ensure a hassle-free experience for policyholders.
- Wellness rewards program promoting a healthy lifestyle.
Read Also: 11 Best Term Insurance Plans in India 2023
2. Bajaj Allianz Health Insurance
Bajaj Allianz Health Insurance is a trusted name in the insurance industry, known for its family floater plans. These plans offer extensive coverage, including in-patient hospitalization, daycare procedures, pre and post-hospitalization expenses, and maternity benefits. Bajaj Allianz Health Insurance also provides additional features like cashless hospitalization and a wide network of hospitals.
Key Features:
- Extensive coverage including pre and post-hospitalization expenses.
- Cashless claim settlement and a wide network of hospitals for convenience.
- Inclusion of alternative treatments like Ayurveda and Homeopathy.
- Lifelong renewability ensuring continuous coverage for the family.
- Value-added services like health check-ups and teleconsultations.
3. Bharti AXA Health Insurance
Bharti AXA Health Insurance offers family floater plans with customizable coverage options. Their plans cover hospitalization expenses, daycare treatments, pre and post-hospitalization costs, and even organ donor expenses. Bharti AXA Health Insurance also provides a no-claim bonus and a hassle-free claim settlement process.
Key Features:
- Coverage for a wide range of hospitalization and day-care procedures.
- No claim bonus (NCB) benefit for every claim-free year.
- Global coverage options for individuals and families traveling abroad.
- Additional benefits like ambulance cover and critical illness benefit.
- Easy and quick claim settlement process for a hassle-free experience.
4. Care Health Insurance (formerly known as Religare Health Insurance)
Care Health Insurance, previously known as Religare Health Insurance, provides family floater plans that encompass a comprehensive range of medical expenses. These plans cover hospitalization costs, day care procedures, pre and post-hospitalization expenses, and even domiciliary treatments. Care Health Insurance is known for its quick claim settlements and a vast network of hospitals.
Key Features:
- Flexible sum insured options to suit varied healthcare needs.
- Comprehensive coverage for hospitalization, pre and post-hospitalization expenses.
- Option for lifelong renewability to ensure continuous coverage.
- In-house claim settlement for faster and convenient processing.
- Inclusion of maternity and newborn baby coverage.
Read Also: 11 Best Health Insurance Plans in India 2023
5. Cholamandalam Health Insurance
Cholamandalam Health Insurance offers family floater plans designed to cater to the varying healthcare needs of families. Their plans cover hospitalization expenses, pre and post-hospitalization costs, day care procedures, and maternity benefits. Cholamandalam Health Insurance ensures a seamless claims process for its policyholders.
Key Features:
- A wide network of hospitals for cashless claim settlement.
- Coverage for ambulance expenses during an emergency.
- Health check-up benefits for policyholders to monitor their health.
- Comprehensive coverage for critical illnesses and surgeries.
- Lifelong renewability for continuous coverage as the family grows.
6. Digit Health Insurance
Digit Health Insurance offers family floater plans with comprehensive coverage and affordable premiums. Their plans cover hospitalization expenses, day care treatments, pre and post-hospitalization costs, and organ donor expenses. Digit Health Insurance stands out for its user-friendly interface and paperless claim process.
Key Features:
- Innovative and customer-centric digital insurance solutions.
- Simplified claims process through a user-friendly mobile app.
- Coverage for a wide array of healthcare expenses, including diagnostics and medications.
- Customizable policy options to meet specific family health requirements.
- Prompt customer support and assistance for policyholders.
Read Also: Best Travel Insurance Plans In India 2023
7. Edelweiss Health Insurance
Edelweiss Health Insurance provides family floater plans with a wide array of coverage options. These plans include coverage for hospitalization expenses, day care procedures, pre and post-hospitalization costs, and ambulance charges. Edelweiss Health Insurance is appreciated for its customer-centric approach and quick claims settlement.
Key Features:
- Comprehensive coverage encompassing hospitalization, surgeries, and more.
- Family-friendly policies ensuring all members are adequately protected.
- Additional benefits like maternity coverage and wellness programs.
- Hassle-free claim settlement and responsive customer service.
- Transparent policies with clear terms and conditions.
8. Future Generali Health Insurance
Future Generali Health Insurance offers family floater plans that are designed to cater to the diverse healthcare needs of families. Their plans cover hospitalization expenses, day care treatments, pre and post-hospitalization costs, and maternity benefits. Future Generali Health Insurance provides a seamless online platform for policy management and claims processing.
Key Features:
- Extensive network of hospitals for cashless treatment and easy claim settlement.
- Flexibility to enhance the sum insured and add family members during policy renewal.
- Coverage for pre-existing diseases after a waiting period.
- Wellness incentives promoting a healthier lifestyle.
- Value-added benefits like health check-ups and second opinion for critical illnesses.
9. IFFCO Tokio Health Insurance
IFFCO Tokio Health Insurance offers family floater plans with a focus on comprehensive coverage. Their plans cover hospitalization expenses, day care treatments, pre and post-hospitalization costs, and alternative treatments like Ayurveda and Homeopathy. IFFCO Tokio Health Insurance ensures a hassle-free claim settlement process.
Key Features:
- Comprehensive coverage for hospitalization, surgeries, and related medical expenses.
- Affordable premium rates with various sum insured options to suit different budgets.
- Family floater policies ensuring coverage for the entire family under a single plan.
- Additional features like organ donor cover and alternative treatment coverage.
- Prompt claim settlement process to alleviate financial burden during emergencies.
10. Kotak Mahindra Health Insurance
Kotak Mahindra Health Insurance offers family floater plans that provide extensive coverage for various medical expenses. These plans cover hospitalization costs, day care procedures, pre and post-hospitalization expenses, and maternity benefits. Kotak Mahindra Health Insurance emphasizes a customer-centric approach and a quick claim settlement process.
Key Features:
- Tailored policies to cater to diverse family healthcare needs.
- Coverage for daycare procedures, pre and post-hospitalization expenses.
- Easy policy renewal and portability options for increased flexibility.
- Accessible customer support for any policy-related queries or concerns.
- Inclusion of value-added services such as health check-ups and discounts on pharmacy purchases.
Conclusion
In conclusion, choosing the best family floater insurance plan in India for 2023 involves considering various factors such as coverage, premium, network of hospitals, and additional benefits. It is essential to carefully analyze each insurance provider’s offerings and compare them to select the plan that best suits the healthcare needs of your family. Always consult with an insurance advisor to make an informed decision regarding family floater insurance plans.
