Your family is your biggest asset. Your primary responsibility is to protect the family members against any health and financial crises. While you can follow a healthy lifestyle to prevent health issues, unfortunate events like accidents and illnesses can arrive unannounced. Thus, opting for health insurance for family should be your first step in securing your loved ones. Yet, every household is different in size and may have different medical needs. Read on to know how you can safeguard all the family members with suitable health covers based on their requirements.
1) If You have a Nuclear Family with Young Children
Today’s most common family type – a nuclear family – is also the most vulnerable when we talk about medical crises. With rising healthcare costs and inflation, a nuclear family with dependent children needs comprehensive health insurance offering basic coverage with an affordable premium. Under a family floater cover, each family member can use the sum insured partly or entirely to pay hospitalisation expenses during an emergency. With a single, budget-friendly premium and common benefits, a family floater policy is easy to maintain while providing customisation options.
If you, too, have a nuclear family with children not older than 18 years of age, you should choose a basic family floater health insurance plan with a sum insured up to INR 10 lakhs. Also, if you are looking for budget premium rates based on your area of residence, you can take a look at Care Classic – a zone-based family floater policy offered by Care Health Insurance.
2) If You are a Young Family and Planning Expansion
You might have just stepped into family life as a newly married couple. While both of you may need individual health insurance plans, it is wiser to be farsighted. If you can see yourself planning family expansion in the next 2-3 years, you should look for a family cover offering maternity insurance benefits.
While many insurers have separate insurance for maternity coverage, you can always find basic health insurance plans offering maternity coverage as an additional and optional benefit. By paying a slightly higher premium, you can secure your pregnancy phase with a maternity plan, covering delivery-related expenses while safeguarding the newborn. One such health cover, Care Plus- Youth Health Insurance Plan by Care Insurance, is a perfect bag of healthcare benefits for younger couples while offering up to a 10% early bird discount.
3) If You have Dependent Parents
As our family grows older, our parents need extra medical attention, that too, more frequently. If your parents have turned 60 and above, they would need special medical care and perhaps, separate medical insurance to provide utmost security. So, if you are unmarried and have ageing parents to take care of, you should opt for separate health insurance policies based on their health status.
For instance, if your parents struggle with pre-existing conditions like diabetes, hypertension, and obesity, you should consider buying a health plan covering pre-existing diseases. On the other hand, you can customise the policy with benefits like OPD care, automatic sum insured recharge, co-payment waiver, etc., based on the routine medical needs of your parents.
4) If Your Family Members have Different Medical Needs
All families have a history of medical conditions. While some may have a persisting issue of high blood sugar levels across generations, some households might have dealt with life-threatening conditions. While opting for health insurance for your family, you should always consider your family’s medical history.
If your family’s medical history involves critical illnesses, like stroke, diabetes, organ failure, or other chronic conditions, you must choose exclusive health insurance covering critical illnesses. Leading insurers like Care Health Insurance provide extensive health insurance for 32 critical illnesses, including stroke, paralysis, and organ failure, among other serious conditions. You can opt for such insurance covers on both an individual and family floater basis.
Final Thoughts
Choosing a health policy for the entire family is a difficult task. If you, too, are struggling to find a suitable plan that caters to all the family members under a pocket-friendly premium, take a look at Care Health Insurance Plans. With over 19,000 healthcare providers across India, Care Insurance promises customised medical plans for families with different needs. The remarkable claim settlement ratio adds to the reliability of the insurer while providing unique policy benefits. So, secure your family with the right type of health policy with Care Health Insurance.
