Main features of family floater health insurance policy
Family Floater Health Insurance Policy is a scheme which helps to assure the coverage of more members within a family with a single policy. It has some differences from those group polices which assure coverage for a group of members altogether. It is usually given by a working institution or industries. Otherwise a group of members worked together for a same goal also attain coverage in the same manner. Though family floater policy is such a scheme which helps to attain coverage for a members within family altogether. Family floater policy is usually given to policy holder, his life partner,two or three of his children. Other adherents of policy holder such as parents and other family members couldn't attain coverage through this scheme. A policy have a certain fixed insurance amount.It can be make use for all the members of the family. For example consider a family consist of four members. Let us assume that family take an insurance coverage of one lakh. That family can assure coverage if disease caught one among them. In other cases such as if all members of the family or three or four members among them had to take treatment within year they can use the coverage altogether. But they only get maximum one lakh rupees as coverage in such cases.
Family floater policies to include adherents
A child of three years old can became member in this scheme. The age limit starts from three years onwards. Coverage can attain maximum up to seventy six years old. But children can pursue in family floater upto twenty five years only. There are policies meant to include adherents of the policy holder. The scheme which helps to assure coverage for almost six members include parents of the policy holder is known as extended family floater plan. Policy holder can include his parents or parents of his life partner for coverage in such a way. They can also attain coverage of sum assured family members together or for person with a fixed premium.
Top up health insurance policy
The policy which gives a chance to attain higher coverage than insurance amount is known as top up policy. If a person who had already taken a premium can assure coverage of fifteen lakhs with a small premium if he need it. This scheme is from six years old to sixty years old.
Critical care plan
Critical illness plan is meant to assure coverage for some serious diseases. There are a list of such diseases which are considering. If such diseases in that fixed list found in policy holder a certain fixed amount is given to him. That is a fixed amount may given with considering the cost of treatment.
Cash less and re-imbersement
In mediclaim policies claimes are given in two ways. Cash less policy assure a system to get treatment without giving cash to hospital. The bills are directly settled by the insurance company itself. In detail the cash is given by third party administrator (TPA) for the insurance companies. If you have cash less policy you have to inform TPA before admitting in to hospital.
Two types of cash less policies
There are usually to cases of cash less. The first one among them is the situation in which we are already aware of admitting hospital. The second case in which admitting hospital unexpectedly at some serious situation. We should inform T.P.A through toll free number in such cases. Necessary details send through fax. In emergency cases, the information is required after admitting. Necessary details should given to T.P.A in such cases. Treatments should be taken only from hospitals belong to the cashless policy of insurance company. The id card of policy should be taken at that time. The settling of the bills by ourself first and taking money as re-imbersement is the second type. The policy holder given the bills to insurance company and regain that money as rembers. In such cases the policy holder can take treatment from any hospital as he like.
Some best family floater policies
The popularity of family floater policies are increasing. Various companies introducing similiar policies because of this situation. We have to choose the best among them to attain maximum profit. Easy family health standard of Appolo Munich, Family floater health guard of Bajaj Allianz, Family health plan of Cholamandalam Mr general, Health suraksha of HDFC Ergo general, Family floater of ICICI lombard, Heart bdat of Max bupa health insurance, Parivar claim of national insurance, Health wise standared of reliance general, family health optima of star health, Family medicare of united India are the best family floater policies of general insurance companies of India.