Top 5 Health Insurance Plans for Family

Choosing a health insurance policy involves getting your medical bills covered by the insurance provider. In return, you charge an annual fee called a ‘premium’, which can be easily paid in small monthly amounts.

The scope of coverage varies depending on the policy and provider you choose. It protects your finances by covering medical treatment, hospital stay, ambulance services, laboratory expenses, and related costs. Some plans may also extend to compensation for income loss.

Top 5 Health Insurance Plans for Family

Health Insurance Plans Sum Insured Insured Members
Niva Bupa – Reassure 2.0 Rs. 5,00,000 – 1,00,00,000 2 adults (spouse and policyholder) + 3 children
HDFC Ergo – Optima secure Rs. 5,00,000 to Rs.

2,00,00,000

2 adults (spouse and policyholder) + 4 children
Care insurance – Care supreme Rs. 5,00,000 – Rs. 15,00,000 2 adults (spouse and policyholder) + 3 children
Star Health – Family health optima Rs. 2,00,000 to Rs.

2,00,00,000

2 adults (spouse and policyholder) + 3 children
Aditya Birla – Active Health platinum-enhanced Rs. 2,00,000 – Rs. 50,00,000 2 adults (spouse and policyholder) + 3 children

Benefits of Family Health Insurance Plan

  • Stress-Free Hospitalization
  • Easy to Add New Family Members
  • Health Insurance Cover for Parents Under the Same Policy
  • Cover For Coronavirus Disease For Family
  • Tax Benefits Under Section 80D of the Income Tax Act 1961
  • Lower Dependency on Group Plans
  • Keeps You Prepared For All Emergencies
  • Comprehensive Coverage
  • Tax Benefits Offered

Key factors to consider while buying a mediclaim policy for family

  • Coverage benefits
  • Flexibility to increase the sum insured option under your policy
  • Cashless hospitalization
  • Maximum renewability age
  • The hassle-free claim settlement process
  • Exclusions under the policy

Who is eligible to buy a family health insurance plan?

A family health insurance policy can be purchased by anyone who wants to get a financial backup for themselves and their family members against health emergencies. A large portion of the protection suppliers have set the age limit for purchasing a policy at 18 years. However, the age of the dependents eligible for the insurance plan can be between 91 days to 65-75 years as per the conditions stated by the insurance provider.

Documents Required

  • Proof of Age

PAN Card
Voter ID Card
Aadhaar Card
Passport
Driving License
Birth Certificate

  • Proof of Address

Driving License
Ration Card
PAN Card
Aadhar Card
Utility Bills such as telephone bills, electricity bills, etc.
Rental Agreement in case applicable

  • Proof of Identity

Passport
Voter ID Card
Driving License
Aadhar Card
Medical Reports (in case asked by the insurance company)
Passport Size Photo
Duly filled and signed proposal formĀ 

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