Family Health Insurance Whole Family Protection, One Reliable Plan.
Health insurance is a dynamic and extensive industry offering various plans tailored to individual needs. Within this spectrum, family health insurance plans specifically address the unique medical requirements of a household. Tailored to factors such as age, budget, health conditions, and family needs, these plans provide comprehensive coverage.
Discover peace of mind with our family health insurance plans at Bimasure. Safeguard your loved ones from unexpected medical expenses and hospitalization costs. Explore our comprehensive policies online, offering coverage for hospitalization, consultation fees, medicines, and more.
- Expert Guidance
- Simple and Secure Process
- Customer-Centric Approach
- Claim Assistance
Health Plans Starting @Rs 9/Day*
What is Family Health Insurance Plan?
Family Health Insurance plan provides medical and financial security coverage for your entire family against unexpected hospitalisation and illnesses. Under Family Health Insurance the policy holder can cover up to 6 family members under a single planit simplifies payments with a single premium, dividing the total sum insured among all covered members. Floaters are beneficial because they offer flexibility and cost-effectiveness, especially for families
This inclusive medical insurance covers you, your spouse, dependent children, parents, and even in-laws. Benefits include cashless hospitalization, maternity coverage, and protection against COVID-19 expenses.
Consider Neha:
Neha purchases a family health insurance plan for a household of four with a sum insured of Rs.10 lakhs. If one family member uses the sum insured of Rs. 5 lakhs, the remaining Rs. 5 lakhs is available for the rest of the family members in the policy year.
Need and Importance of Family Health Insurance
Family health insurance is vital for financial security, ensuring quality healthcare, and peace of mind. Safeguard your loved ones' well-being today.
Comprehensive Coverage
Family health insurance provides comprehensive coverage for the medical needs of all family members under a single plan. This includes hospitalization, surgeries, and various medical treatments.
Shield Against Health Care Inflation
In the event of a medical emergency, even a single hospital stay can cost lakhs and drain the household savings. A family health insurance plan lowers the financial burden by covering medical treatment, doctor consolations, medicines etc. It provides an access to high-quality medical treatment for the entire family in the hospitals in its network, hence it provides financial security against the rising high costs of healthcare.
Inclusive Coverage for Family Members
Family health insurance plans typically cover the policyholder, spouse, dependent children, parents, and sometimes even in-laws. This inclusive coverage ensures that the entire family has access to quality healthcare
Cashless Hospitalization
Family health insurance plans often come with the benefit of cashless hospitalization. In case of hospitalization at network hospitals, the insurer settles the medical bills directly with the hospital, reducing the financial burden on the insured family.
Preventive Care and Wellness Benefits
Many family health insurance plans offer preventive care benefits, including coverage for regular health check-ups. This encourages proactive health management, leading to early detection and prevention of potential health issues.
Flexibility to Add New Members
Family health insurance plans provide flexibility by allowing the addition of new family members during policy renewal. This is especially valuable in situations such as the birth of a child or the inclusion of dependent parents.
Coverage for Maternity Expenses
Family health insurance plans usually cover maternity-related expenses, including pre and post-natal care, delivery costs, and newborn care. This is crucial for families planning to expand.
Tax Benefits
Premiums paid for family health insurance are eligible for tax deductions under Section 80D of the Income Tax Act. This provides an additional financial incentive for families to invest in health insurance
Peace of Mind
Having family health insurance provides peace of mind, knowing that the health and well-being of every family member are safeguarded. It allows families to focus on their health without the constant worry of financial implications in case of medical emergencies.
Eligibility Criteria to Buy a Family Health Plan
Every health plan has specific eligibility criteria. For Bimasure's Family Health Plans:
| Eligibility Criteria | Specifications | |
|---|---|---|
| Minimum Entry Age | Adult - 18 years, Children - 90 days | |
| Minimum Exit Age | Adult - 65 years, Children - 25 years | |
| Family Members Covered | Up to 6 members (Self, spouse, dependent children, dependent parents, and parents-in-law) | |
| Renewability | Lifelong | |
Key Benefits of Family Health Insurance Plan
Family health insurance plans bring a host of benefits to policyholders during medical emergencies. Here's a glimpse of the advantages these plans offer:
Health Insurance for Parents
Cover elderly parents and parents-in-law with no additional premium in the same plan
Flexibility to Add New Family Members
Add new members to the ongoing active family plan at the time of renewal.
Cashless Hospitalization
Access cashless medical treatment for the family in network hospitals. In case of hospitalization, the insured family member can avail cashless treatment in a network hospital of the insurer . In this way, you can get all your family members eligible to get medical attention without compromising on their treatment.
Affordable Premiums
Cover the entire family at an affordable premium, avoiding individual premiums for each member.
Tax Benefits
Avail tax benefits on premium payments under Section 80D of the Income Tax Act. This helps to reduce the tax liability
Coverage for COVID-19 Treatment
(IC’s have stopped selling these) plan Under a family health insurance policy, you can get coverage for the treatment of COVID-19 for the entire family. All insurance providers are offering coronavirus treatment cover under basic health insurance plans
Benefits Covered Under Family Health Insurance Plan
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In-patient Hospitalization
Covers all expenses if hospitalized for 24 hours or more.
Pre and Post Hospitalization
Covers medical expenses before and after hospitalization for a specified period.
Automatic Recharge of Sum Insured
Don’t worry about exhausting the sum insured, we offer a plan that never runs out of coverage amount with the benefit of automatic recharge of sum insured
AYUSH Treatment:
Covers alternative treatments like Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy.
Daycare Treatment
Covers treatments not requiring hospitalization for more than 24 hours.
Emergency Ambulance
Covers charges for ambulance service during a medical emergency.
Domiciliary Hospitalization
Covers expenses for home hospitalization.
Hospital Daily Cash
Provides daily cash during hospitalization.
Annual Health Check-up
We value your family health by providing annual health check-ups for all insured membersHealth check up helps track ailments and get treated early
Lifelong Renewability
Once you get yourself secured with, our health insurance plan there is no looking back. Our health plan continues to secure your medical expenses for your entire lifetime on break free renewals.
Maternity
Covers maternity-related expenses and newborn costs.
Organ Donor
Covers the cost of replacing or removing malfunctioning organs.
Mental Illnesses
Covers mental health conditions such as depression and anxiety.(this point to be removed as not all IC/plan covers this)
Our Preferred Plans
Explore a curated list of some of the "Best Family Health Insurance Plans in India," presented by Bimasure. These plans are selected based on coverage benefits and eligibility criteria:
Care Supreme
- Advantage with Care Health
- 22900+ cashless hospital
- 38+ lakhs claims settled
- 24*7 claims and customer support
Coverage Benefits
- Sum Insured option from 5 lakhs to 1cr
- Get Up to 600% Increase in Total Coverage*
- Unlimited Restoration of cover
- Pay the premium as per the city/zone you live
- Wellness benefit upto 30% discount on renewal of policy
- No reduction in Cumulative Bonus even if you claim
Aspire
- Advantage with Niva Bupa
- 10000+ cashless hospital
- 1 crore+ happy customers
- 24*7 dedicated relationship manager
- 30 min claim processing
Coverage Benefits
- Sum Insured option- 3 lakhs to 1cr
- Pay as per entry age, until you claim
- M-iracle (1) Covers expenses around maternity, IVF, adoption, surrogacy and more
- Booster + Carries forward the unutilised sum insured upto 10X
- Accumulate cashback on every claim-free year
- With Safeguard + Benefit get All non - payables covered
Active Health Platinum
- Advantage with Aditya Birla
- 11,000+ Cashless Healthcare Networkˇ
- Seamless Hospitalization Benefits
- 2 hr Cashless Claim Processing
Coverage Benefits
- Sum Insured option- 3 lakhs to 2cr
- Day 1 Cover for Chronic Conditions such Asthma, High Blood Pressure, High cholesterol, and Diabetes
- Get up to 100% of your premium as Health Returns
- Get Premium Waiver in case of detection of critical illness
- Reload of Sum Insured
- Covers Dental Consultation and investigations
Health Gain
- Advantage with Reliance
- 9100+ Cashless Healthcare Networkˇ
- 3 Crore + Happy Customers
- Hassle Free claims process
Coverage Benefits
- Sum Insured option- 3 lakhs to 5 Cr
- Cover that stays longer upto 13 months instead of 12 months
- Limitless cover with Unlimited Restoration of Sum Insure and consumable
- Reduction can be done Waiting Period
- Hospital cash benefit
- Annual Health Check up
Optima Restore
- Advantage with HDFC ERGO
- 12000+ Cashless Healthcare Network
- 5 Crore+ Happy Customers
- 1 claim processed every minute
Coverage Benefits
- Sum Insured option- 5 lakhs to 50 lakhs
- 2X Multiplier Benefit: Get 2X coverage from day 1
- Restore Benefit- Get 100% of your cover restored instantly after your first claim
- Modern treatment covered
- Preventive health-check ups
- With Stay Active benefit, earn upto 8% discount on your renewal premium
Star Comprehensive
- Advantage with Star Health
- 14000+ Cashless Healthcare Networkˇ
- 16 Crore Happy Customers
- 24*7 customer service
Coverage Benefits
- Sum Insured option- 5 lakhs to 1cr
- Automatic restoration 100% of Sum Insured available
- Option to buy back the pre existing waiting period
- OPD benefit available
- Hospital cash benefit available
- Earn wellness rewards
Inclusion and Exclusion in Family Health Plan
In India, health insurance policies typically come with customizable options to suit individual needs, but there are some common inclusions and exclusions to consider.
General Exclusions Under Health Insurance Plans
Certain treatments and situations are typically excluded:
- Self inflicted injuries resulting from suicide or attempted suicide
- This can be taken as rider HIV/STDs (sexually transmitted diseases).
- Drug and alcohol abuse.
- Injuries due to war, nuclear reactions, etc.
- Injuries from participating in criminal activities and adventurous sports.
- Treatment if obesity or cosmetic surgery
Coverage After Waiting Period
Benefit from coverage after specific waiting periods:
| Benefites | Waiting Period | |
|---|---|---|
| Pre-existing period | 2-4 years | |
| Initial waiting Period | 30 days | |
| Specific disease waiting period | 1-2 years | |
| Covid-19 treatment | 30 days | |
| Grace period | 30 days | |
| Free-look period | 15 days | |
FAQ's
Elevate your coverage with a higher sum assured health plan—ensuring comprehensive protection for your well-being and peace of mind.
A Family Floater Plan is a type of health insurance that covers the entire family under a single policy with a fixed sum insured. The sum insured can be utilized by any family member or collectively for the treatment of one or more members.
Typically, family health insurance plans cover the policyholder, spouse, and dependent children. Some plans may also allow the inclusion of parents or in-laws, often with an additional premium.
Yes, most family health insurance plans allow the inclusion of newborns or infants. However, you may need to inform the insurance provider within a specified time frame (e.g., 90 days) from the date of birth.
The coverage for dependent children usually includes medical expenses related to hospitalization, daycare procedures, and specific illnesses. It’s essential to check the age limit and coverage details for dependent children.
Family health insurance plans are usually offered for one year and need to be renewed annually. It’s important to renew the policy on time to avoid a lapse in coverage.
In some cases, insurers allow flexibility in choosing different sums insured for individual family members within the same policy. This can be based on the specific health needs of each family member.
Yes, many family health insurance plans cover maternity expenses. However, there is usually a waiting period before maternity benefits can be availed. It’s crucial to check the policy terms for details.
Some policies may have a co-payment clause, where the policyholder needs to bear a certain percentage of the medical expenses. Check the policy details to understand if co-payment is applicable and under what circumstances.
Family health insurance plans may have a waiting period for pre-existing conditions. It’s important to understand the waiting period and whether certain conditions are permanently excluded.
Yes, you can port your family health insurance plan to another insurer without losing the accumulated benefits. The new insurer may have specific procedures for portability, so it’s advisable to check and follow their guidelines.
Why Choose Us
At Bimasure, we go beyond being just an insurance buy and compare platform. Here's why thousands choose us for their individual health coverage needs.
Expert Guidance
Our team of insurance experts is here to guide you at every step, ensuring you understand your options and make the best choices for your individual health.
Simple and Secure Process
Experience a hassle-free journey from quote to coverage. Our secure platform makes acquiring affordable individual health insurance straightforward and stress-free.
Customer-Centric Approach
Your satisfaction is our priority. We are committed to providing exceptional customer service and support throughout your journey to purchase individual health insurance.
