Family Health Insurance Plan: If you want to be free from the tension of paying medical bills for your entire family, then you can buy a family health insurance plan instead of single health insurance.
Family Health Insurance Plan vs Single Health Insurance: With changing times, the demand for health insurance has increased all over the world. Since the Corona epidemic, awareness about health insurance has increased among people. In such a situation, now customers are preferring to buy family health insurance to cover single as well as entire family.
With the increasing trend of nuclear family in the country, the demand for family health insurance has also increased because due to living in a nuclear family, the direct burden of health expenses falls on only one person in the family. In such a situation, considering the medical expenses, customers want to take health insurance for the entire family so that in future they do not have to worry about the medical expenses of the entire family.
Can you buy a family floater for the whole family?
Nowadays people prefer to buy a family floater to cover the entire family. Through this, their entire family gets health insurance cover. In this, everyone from the children of the family to the elderly also gets the cover of health insurance. In this, you can buy health insurance for the entire family by paying premium once a year. If you also want to buy a family floater, then know its benefits-
money will be saved
According to experts, there are many benefits of buying a family floater. This involves saving money. By purchasing a family floater, every member of the family gets the benefit of insurance cover in just one premium. This also saves more money. On the other hand, if you buy a single health insurance, you will have to pay different premium for each member.
The entire family gets cover
The family floater is designed in such a way that it is able to meet the needs of the customers. Through this, every member of the family gets the same cover irrespective of their age group. Apart from this, you do not have to pay separately for the cover of many diseases, which saves your money.
The process of hospitalization is easy
Most of the health insurance companies provide the benefits of easy and cashless hospitalization to the customers through family floater. With this, you do not have to face any difficulty in settling medical bills. Along with this, one does not have to face sudden financial problems during illness. Along with this, cashless treatment makes the billing process transparent and also curbs the arbitrariness of hospitals.
Get the benefit of tax exemption
By purchasing health insurance, you are free from the stress of medical bills and at the same time, you also get the benefit of tax exemption. You get the benefit of tax exemption under Section 80D of Income Tax. A working person can claim a total deduction of up to Rs 25,000 through health insurance. Whereas a person above 60 years of age can claim exemption for an additional amount of Rs 25,000 in addition to Rs 25,000. A discount of Rs 5,000 is also available for health checkup.
