Finance

Family Health Insurance: How to Stay One Step Ahead of a Medical Urgency?

Medical urgency

One for all and all for one- as the saying suggests, all family members always have each other’s backs. Similarly, during any medical urgency, it is essential that you are able to take care of your family. One fundamental method to do that is by opting for a family health insurance plan. 

It is the ideal approach to get out of financial trouble in times of uncertainty. Apart from that, take note of the following benefits of a family health insurance plan to stay one step ahead of a medical urgency:

  1. Stress-free Hospitalization Expense Cover

Family health insurance plans trim down the task of choosing separate plans for each member of the family. Also, you will not have to pay separate premiums for each member to get insurance cover. Most health insurance providers cover pre and post-hospitalization charges, ambulance, daycare treatment, and other charges. 

In the event of hospitalization, the insured individual can avail cashless treatment in the insurance provider’s hospital network similar to the individual health policies. Hence, with a family health insurance cover, all the members of your family will be eligible for medical attention without any compromise on the treatment. 

  1. Include New Family Members with Ease

The addition of new members in a family health insurance policy can be done easily. As opposed to that, in case of an individual health cover, you will have to take a new policy every time. If you plan to add your parents to an existing family health insurance scheme, ensure to opt for a higher sum insured. In the event of an elderly family member’s demise, the rest of the insured members can continue to enjoy the health coverage benefits.

  1. Premium is Affordable
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A family health insurance plan is an all-inclusive plan preventing you from paying individual premiums. It is a cost-effective solution that is as efficient as individual health insurance plans. With a family health insurance plan, you can get coverage for your spouse, children, and parents at an affordable premium. 

  1. Easy Inclusion of Parents-in-Law 

A significant advantage of a family health insurance plan is that you can secure your parents as well as your parents-in-law’s health with the same plan. Many health insurance companies provide this facility. You have to only pay an additional premium amount. In this way, you can take care of both the sets of parents.

  1. Avail Additional Benefits

Many health insurance providers provide critical illness cover as well as maternity cover. If you are a young couple and are thinking of starting a family, you can opt for the maternity cover and new-born baby cover. 

With this plan, you can get cover for the expenses incurred on hospitalization due to maternity. However, there is a waiting period clause for this feature. It would be wise to read the policy wordings before selecting family health insurance coverage. Make sure that the chosen policy provides you with a maternity cover.

Make Sure That Your Family is Protected

A family health insurance plan is the right way to go when you plan for your family’s security in the coming years. Staying prepared beforehand is a wise decision. Ensure that your family is in safe hands, by researching well before zeroing down on an insurance provider. 

If you do not want any problem, you can opt for reliable insurers like Tata AIG. Their Wellsurance family policy provides coverage for your child’s education as well as covers your parent’s medical expenditure. If you are unsure regarding the process of procuring the insurance policy, you can contact them. Their credible team will be happy to guide you through it.

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Choose this single policy for everyone’s happiness!

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