ICICI Family Floater Health Insurance Plan

What is a Family Floater Health Insurance Plan?

A family floater health plan offers health coverage to all the members of a family. It eliminates the need for you to purchase individual plans for the family members. Let’s find out more about it in this article.

With the rising cost of healthcare in the country, a healthcare treatment for yourself or your family member could require you to spend a significant amount of money. Thus, it is always better to purchase health insurance for every member of your family. But rather than purchasing an individual plan for every family member and then tracking each of them, a more affordable and convenient option is to purchase a family floater health insurance plan. Let us have a look at what it is, how it works and its top benefits.

What is Family Floater Health Insurance?

• A family floater plan helps you get health coverage for all the members of your family with a single policy. It comes with a single larger sum insured and all the family members share this amount.
• It also means that you are only required to pay a single premium for the policy. In most cases, a family floater plan only allows you to add immediate members of your family to the plan. You can add yourself, your spouse and dependent children. Some policies allow you to add your dependent parents and even in-laws and siblings.