Family Health Insurance Plans:
These plans are like a warm hug for your entire clan.
What Are They?: A family health insurance plan covers all your family members under a single policy. It’s like bundling everyone up in a cozy insurance blanket.
Shared Sum Insured: In these plans, a fixed sum insured is shared among all family members. The idea is that not everyone will fall sick at the same time (thank goodness for that!).
How They Work:
You pay premiums for the entire family.
If anyone in the family needs medical care, the insurance kicks in.
It’s like having a safety net for everyone—from the littlest tot to the wisest grandparent.
Benefits:
Cost-Efficient: Instead of individual policies, a family plan covers everyone, often at a better rate.
Comprehensive Coverage: Hospitalization, doctor visits, surgeries, and more—all bundled up.
Peace of Mind: Knowing that your loved ones are protected when health hiccups happen