Get Optimal Coverage With Family Health Insurance

By Author: Pranav V Sharma
Total Articles: 141
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Health complications may give rise to a serious medical emergency which makes hospitalization imperative. The sudden nature of this emergency is sure to impact your savings and is also likely to cause panic. A health insurance policy reduces the stress of arranging of finances singlehandedly and also offers a variety of medical benefits. Many insurance companies offer health insurance plans that are designed to offer coverage to the entire family. National health policy in India offer primary health care services that are designed to reduce financial stress and burden on the family of the ailing individual. Insurance companies that provide family health insurance policies offer compensation for different medical expenses. Comparing different policy quotes of health insurance policies for families will make you more aware of the different features and allow you to select the perfect plan for your family.

Many health insurance policies offer a comprehensive cover and the floater benefit extends policy cover to the entire family. The insurance amount offered by such a health insurance policy can be shared by all the family ...
... members till the policy term expires. Thus, with the payment of a single premium you can insure all the family members with a medical cover. Managing such a health insurance policy is easy as you do not have to remember individual policy renewal dates. This health insurance policy also offers life-long renewability that offers continuous benefits to your loved ones with premium medical care.

The insurance policy offers compensation for room charges, doctor’s or surgeon’s fees, expenses borne by the insured individual for medicines and more. All these features are sure to come handy if the patient is placed under medical observation during minor injuries due to an accident or mishap. In cases where the total duration of hospitalization is more than 24 hours, this health insurance policy also offers coverage for inpatient treatment and prevents sudden loss of finances. The health insurance policy also extends coverage for all expenses 30 days before and 60 days after hospitalization and is sure to greatly reduce the financial burden in today’s inflated times where medical aid is costly.

Another important aspect of a health insurance policy is the cashless claim feature. With this feature, the insurance company offers the ailing member of you family premium health care from its wide network of hospitals. All the hospitalization bills are settled by the insurance provider and you are relieved of monetary stress that could arise when arranging for finances. Apart from all these features, your health insurance policy may also allow you to include a variety of optional add-on covers. This flexible customization feature of health insurance policies for families enables to offer extended coverage to your loved ones and also safeguard your finances.
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Pranav Sharma is an insurance agent based in Mumbai; Pranav assists individuals and corporates in purchasing the right Health Insurance & often shares his insights about the general insurance industry on internet.