Family Floater Health Insurance is a comprehensive healthcare plan, which offers you the best insurance coverage by taking care of your family’s health and at the same time saves on your taxable income. Usually, the family floater insurance plans secure your family against financial emergencies if any unforeseen situations crop up like serious illness, surgery and accidents as well as against terrorist activities. Under this insurance coverage, you can share the entire sum insured among the family members and that too without any individual upper limits.
To understand the comprehensive family floater insurance, you have to take a look to the policy details and its benefits mentioned below.
· The policy offers comprehensive coverage to your family members 
· Cashless claims facility is available across the country
· Continue to enjoy quality service even during claim settlements
· No sub-limits on room rent, doctor fees, and hospital charges or for any disease (except some diseases)
· No co-payments for any disease or any hospitalization expenses
· All the more, many insurance providers also provides health check-up coupon at free of cost for any one insured family member, which will be valid during the life period of the policy
· No health check-up up to the age of 45 years (age as on last birthday)
· Avail tax benefits under Section 80D of the Indian Income Tax Act 1961
· You can buy the policy online and pay in EMIs without any extra charges
· Options for one or two year covers (auto renewal) available
· Get additional Sum Insured for every claim free year
· Keep your family secured even against expenses for hospitalization due to terrorist
activities
Let us now discuss, what is covered under this family floater insurance policy. Generally, a basic family floater insurance cover medical expenses incurred as an in-patient during hospitalization for more than
24 hours, which includes room charges, doctor and surgeon’s fee, medicines bills, medical expenses incurred 30 days prior and 60 days post hospitalization and day care expenses incurred on named advanced technological surgeries and procedures requiring less than 24 hours of hospitalization, which includes Dialysis, Radiotherapy and Chemotherapy). Apart from this, you can also get reimbursement for pre-existing diseases for four continuous years of coverage with the insurance provider. This policy also covers you for hospitalization in case of Swine Flu / H1N1 influenza.
Terms of Renewability
The best part of the Family Floater Health Plan can be renewed instantly.
What is not covered by the policy
The family floater policy does not cover the following
· Any illness contracted within 30 days of the inception date of the Policy, except those
that are incurred as a result of an accident.
· Treatment of the following diseases or illness or ailments:
ü Cataract
ü Benign Prostatic Hypertrophy
ü Myomectomy, Hysterectomy unless because of malignancy
ü Hernia, Hydrocele
ü Fistula in Anus, Piles
ü Arthritis, Gout, Rheumatism
ü Joint replacement, unless due to accident
ü Sinusitis and related disorders
ü Stone in the urinary and biliary systems
ü Dilatation & Curettage
ü Skin and all internal tumors or cysts or nodules or polyps of any kind, including breast lumps.