Family Health Insurance

A family health insurance plan is a comprehensive insurance cover against financial risks for more than one individual in a family, during a medical emergency. It offers a specified coverage amount for a single premium payable annually. Family members usually covered in this plan include individual, spouse, and children. Dependent parents can also be included in health insurance plans for the family. Sometimes, siblings and extended family members like in-laws can also be included in such health insurance plans at an additional premium cost. Family health insurance plans offer coverage for various medical expenses including pre-and-post hospitalization, in-patient hospitalization, ambulance costs, etc.

How Important is Health Insurance for your Family?

We look towards our family when we need encouragement, love and support. Family makes us feel secure. So, it is our responsibility towards our family members when it comes to ensuring a secure future for them. Sound planning for the family household expenses is of utmost importance to prevent a financial crunch. However, unexpected expenditures in times of medical emergency can hamper a family′s budget to a great extent. Thus, opting for health insurance plans for family is absolutely necessary for safeguarding one′s family budget. This is particularly true, given the rising costs of quality medical care in our country.

Health insurance plans for family are designed to provide complete coverage for the medical treatment for more than one member of a family. If one member of the family is hospitalized due to an ailment or injury, the entire sum insured under this family health plan can be availed for the treatment.

Benefits of Family Health insurance Plans

When it comes to safeguarding your family, a comprehensive health insurance plan for family is the best as it provides medical cover for the entire family under a single policy. Moreover, there are a host of other benefits, as mentioned below:

• ■ High sum insured: The plan offers increased sum insured under a single policy as compared to the individual health plan.
• ■ Cashless hospitalization: Just like the individual health plans, health insurance plans for family also offer cashless treatment in the network hospitals of the insurer.
• ■ Affordable: Under a single premium that is paid once a year, a family health insurance plan covers the medical expenses for all the family members.
• ■ Option to add members: Policyholders have the option to add or change the members of the family in the same plan, also increase the sum insured, instead of availing a separate plan for the new member.
• ■ Tax Benefits: Policyholders of health insurance plans for family can enjoy tax deductions, under Section 80D of the Income Tax Act, on the premium they pay.

How to Claim your Family Health Insurance?

In the case of Cashless Facility:

• ■ Get the pre-authorization form from the TPA Desk of the network hospital and fill all the required details.
• ■ Collate all the medical bills, diagnoses, and doctor′s prescription.
• ■ Submit all the required documents along with policy claims to us.
• ■ Once your documents will be verified by us you receive an approval letter from our claim management team.

In the case of Reimbursement:

• ■ Fill claim form and attach all the required documents along with the form.
• ■ Submit the form and the required documents to us.
• ■ The claim management team may raise the query.
• ■ Once the team cross-check and verify the documents you get an approval letter from the claim management team.
• ■After approval, your hospitalization expenses will reimburse up to the sum insured.

How to Buy Family Health Insurance plans Online?

At present, when medical inflation is galloping, and treatment costs are skyrocketing, it′s wise to take a comprehensive family health insurance plan. It not only covers your medical needs but also supports you during the financial crunch. Now, it′s easy to opt for health insurance plans for family online. Read below how you can buy it:

• ■ Enter the required details in the form given on the Religare Health Insurance website.
• ■ Get the quote
• ■ Choose the one that suits your needs
• ■ Fill the required details
• ■ Submit the required documents
• ■Make online payment
• ■You will receive an insurance policy on your registered email id and hardcopy through a registered post.