Family floater health insurance - as the name suggests- is a tailor-made plan for families. It is similar to individual health insurance, but the only difference is that the whole plan of the policy is extended to the family members. It acts as an umbrella of coverage for the family; therefore, it gets the above name. Regarding safeguarding the health of loved ones, it is the best option to choose this policy. In short, its described as a single policy that offers multiple family benefits. This type of insurance has options with a higher sum insured than the individual health plans. Also, in this policy, the coverage is relatively greater. Usually, the insurance covers the insured, spouse, and children. If the insured has dependent parents, parents-in-law, and siblings, many advantages have been offered and are now becoming very popular among the public. The older person can avail themselves of a senior citizen health plan and the family floater health insurance has the feature where most companies seek medical examination if a higher sum is involved and if the covered members are in higher age groups.
