Best Health Insurance Policy for Family in India
Healthy family leads to happy family. Medication and hospitalization plays one of the most basic and important role that keep your family secure and healthy. With the heavy rise of medical treatment costs, you need to keep yourselves prepared with health recovery plans so that there is no last moment rushes for finances. Most of the family health insurance plans in India offer cumulative bonus upon completion of every claimless year. Furthermore, they let you enjoy a hassle free claim procedures with least documentation and settlement times.
Features of Family Health Insurance Plan in India
Normally most Family Health Insurance Plan in India includes the following inclusions:
• Cashless treatment where you need not pay from your pocket except for voluntary discounts.
• Pre and post hospitalization where the policy take care of pre and post hospitalization charges with tenure depending on the insurer.
• Waiver on ambulance charges to relief you from the trouble of arranging transportation.
• Pre-existing disease cover where policies take care of pre-existing diseases like diabetes, hypertension etc.
• Free health check up is provided by a few companies if there is no recorded claim bonus.
• Let enjoy tax benefits under section 80D of Income Tax Act
• Co-Payment where a certain amount of voluntary deductibles mentioned in the policy is paid by the insured and rest by the insurer.
Below are a few of the best insurance companies offering Health Insurance Policy for Family in India. Keep reading:
1. HDFC Ergo Health Suraksha
HDFC Ergo Health Suraksha is a premium health insurance plan for your family that covers medical treatment expenses for your family in India. They take care of the pre and post hospitalization costs without letting you worry about finances at the time of dismay.
The policy covers areas such as:
• hospital and boarding expenses,
• doctors’ fees, ICU, medicines etc.
• expenses of organ donor during transplant,
• pre-hospitalization expenses incurred before 60 days,
• post-hospitalization expenses incurred after 90 days,
• in-patient treatment expenses under Ayurveda, Unani, Sidha or Homeopathy
However the important exclusions include: HIV, AIDS and related diseases; drugs, alcohol, hallucinogens, intoxicant abuse; Pregnancy, dental; Mental disorder, insanity, cosmetic surgery; weight control treatments; 4 year waiting period for pre-existing conditions etc.
2. Max Bupa Health Companion Family Floater
Max Bupa Health Companion Family Floater is another best family insurance plan in India. It has been offering perks for your nuclear family health like direct claim settlement, cashless facility, and assured plan renewal. The plan covers family members of maximum 2 adults and 2 children.
The policy covers areas such as:
• pre and post operative care,
• nursing, drugs and surgical dressings expenses,
• x-ray, chemotherapy, radiotherapy, pathology tests expenses,
• doctor’s consultation and fees,
• medicines, drugs, other consumables and diagnostic tests expenses,
• maternity cover and new born baby cover,
• domiciliary treatment expenses
However the important exclusions include: 4 year waiting period for pre-existing conditions, HIV, genetic disorders and related diseases, Non allopathic treatments, Cosmetic treatments or plastic surgery, Abuse of alcohol or drugs, Self inflicted injuries, Mental Disorders, Act of war, nuclear war or radiation etc.
3. Bajaj Allianz’s Health Guard- Family Floater
Bajaj Allianz’s Health Guard- Family Floater plan is another reliable health insurance plan for your family in India. It takes care of most of your expensive medical treatment incurred from serious illness or accident. It is an all round health insurance policy that let you off the financial burden with ease.
The policy covers areas such as:
• medical expenses during hospitalization,
• pre and post hospitalization expenses,
• emergency ambulance charges,
• OPD, pathologies, radiology, pharmacy discounts,
• wellness test discounts,
• lucrative health related offers
However the important exclusions include: 4 year waiting period for pre-existing conditions; 2 year waiting period for hernia, piles, cataract, sinusitis; Non-allopathic medicine; Congenital external; AIDS and related diseases; Cosmetic, aesthetic treatment; Joint replacement surgery etc.
4. Apollo Munich Health Insurance Easy Health Exclusive
Apollo Munich Health Insurance Easy Health Exclusive is a quite practical health insurance plan for your family. The policy is considered to have one of the fastest claims settlements in the industry spread over 800 cities in India.
The policy covers areas such as:
• pre and post hospitalization expenses,
• specific 144 day-care procedure expenses,
• inpatient treatment under ayurveda, unani, sidha and homeopathy coverage,
• emergency ambulance expenses,
• maternity and new born baby coverage,
• daily cash allowance for accompanying an insured child,
• additional coverage for critical conditions
However the important exclusions include: 2 year waiting period for cataract, hernia, joint replacement etc; 3 year waiting period for pre existing diseases; HIV, genetic disorders and related diseases; Non allopathic treatments; Cosmetic treatments or plastic surgery; Self inflicted injuries; Act of war, nuclear war or radiation; Mental Disorders etc.
5. LIC Jeevan Arogya
LIC Jeevan Arogya is one of the top non-linked comprehensive Health Insurance Policy for families in India. The plan covers you, spouse, children, parents, mother-in-law and father-in-law for all your medical treatment expenses.
The policy covers areas such as:
• hospitalization, surgery etc, expenses
• Hospitalization Cash Benefit
• Major Surgical Benefit (MCB) is 100 times the HCB / Accidental Death Benefit (ADB)
• Day Care Procedure Benefit
• Emergency ambulance expenses
However the important exclusions include: Routine check-ups and Non-allopathic treatments; Epidemic diseases or conditions; Cosmetic or beauty treatments; Self-inflicted injuries; Abuse of drugs, alcohol or intoxicants; congenital conditions; HIV / AIDS; naval or military operations etc; Radioactive contamination; Natural catastrophe etc.