What Are Family Floater Plans?
Family floater plans are health insurance policies that cover your entire family under a single policy with one combined sum insured. Instead of buying separate policies for each family member, a single family floater plan protects everyone. It's simpler, more affordable, and gives you the flexibility to allocate the coverage amount as needed.
Key Benefits
One policy covers entire family
Save 20-30% compared to individual plans
Flexible sum insured allocation
Easy renewal process
Cashless at 10,000+ hospitals
Coverage for children up to 25 years
Why Family Floater Plans?
Complete Family Coverage
Protect your entire family with just one policy
Cost-Effective
Significant savings compared to multiple individual plans
Flexible Benefits
Allocate sum insured as per family needs
Easy Management
Single premium, single point of contact for support
Family Floater vs Individual Plans
| Aspect | Family Floater | Individual Plans |
|---|---|---|
| Cost | 20-30% cheaper | Higher premium |
| Management | Single policy | Multiple policies |
| Flexibility | High | Low |
Example: Family of 4
Family: Family: You, spouse, and 2 children
Family Floater Plan: Family Floater Plan: ₹10 lakh coverage with annual premium of ₹15,000
Individual Plans: Individual Plans: ₹2.5 lakh each × 4 = ₹40,000 annual premium
Savings: ₹25,000 per year!
Available with Top Insurers
Protect Your Entire Family Affordably
Get the perfect family floater plan tailored to your needs
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