Life Care Insurance Tagged ‘family floater policy’
After making the decision to buy a health insurance policy, you must also be wondering about which scheme is better, a family floater or an individual health insurance plan. Before choosing one out of the other, you have to understand clearly what both policies offer and what are their pros and cons.
A family floater provides fixed cover to the entire family, which usually consists of two children and two adults. For example, if you take an insurance cover of 4 lakhs, then your entire family may claim up to 4 lakhs together. Some of the advantages of choosing a family floater policy are that it proves to be less expensive than an individual policy, it is a great option for families that have lower health risks and immediate family members like kids and spouse can be added. Read the rest of this entry
Follow Us
|