Top 10 Family Health Insurance Policies in India 2024
Our life revolves around our families. Therefore, securing their lives should always be on the top of our priority list. With the growing risk of diseases and skyrocketing medical treatment expenses, it is imperative to have a sound family health insurance policy that covers you and your dear ones against surgical costs and medical expenses. To bind your family in a safety bond, it is imperative to have one. These plans cover you and your family members against medical expenses arising due to illness, sickness, disease, or an accident.
What Are Family Health Insurance Plans?
As the name suggests, family health insurance plans are tailor made for families. In principle, these plans are similar to individual health insurance plans, the only difference being that family health insurance plans offer extended cover to your entire family. Also, these plans come with higher sum insured options than individual plans.
One of the best options to safeguard your loved ones is a family health insurance policy as it offers an umbrella coverage under a single premium. Another benefit of having a family health insurance policy is that in case a family member gets sick and requires hospitalisation, then the total sum insured of the policy can be used by the unwell family member for treatment. Also, to reduce the hassle, insurance companies offer cashless hospitalisation benefits where you can avail of treatment at a network hospital without paying even a single penny at the hospital. There are a lot of health insurance companies as well as general insurance companies in the market that offer you comprehensive coverage.
Table of Contents
- What Are Family Health Insurance Plans?
- Top 10 Health Insurance Companies in India
- Top 10 Best Family Health Insurance Plans in India
- 1. HDFC Ergo Health’s Optima Restore
- 2. Star Family Health Optima
- 3. ICICI Lombard (Bharti AXA) Smart Health Plan
- 4. HDFC Ergo My: Health Suraksha
- 5. Oriental Insurance Happy Family Floater Policy
- 6. Tata AIG Mediprime Plan
- 7. Bajaj Allianz Family Floater Health Guard Plan
- 8. Care Plan Offered by Care Health Insurance
- 9. Zuno Edelweiss Health Insurance Policy
- 10. IFFCO Tokio Family Health Protector Policy
- Conclusion
Top 10 Health Insurance Companies in India
Let us now look at the list of top 10 family health insurance companies in India and learn about the benefits offered under them:
|
Name of the Insurance Company |
Plan Name |
Entry Age Criteria |
Sum Insured (in Rs.) |
Benefits Offered |
|
Optima Restore |
91 days - 65 years |
3 lakh - 50 lakh |
Domiciliary hospitalisation expenses, pre-hospitalisation expenses, in-patient hospitalisation expenses, post-hospitalisation expenses, daycare expenses, etc. |
|
|
Family Health Optima |
16 days - 65 years |
3 lakh - 25 lakh |
In-patient hospitalisation expenses, expenses related to daycare procedures, domiciliary hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, air-ambulance expenses, etc. |
|
|
Smart Health |
91 days - no limit |
2 lakh - 5 lakh |
Emergency surface ambulance, organ donation expenses, expenses incurred on the person accompanying the patient, domiciliary hospitalisation expenses, health check-up, etc. |
|
|
HDFC Ergo General Insurance |
My: Health Suraksha |
91 days - no limit |
3 lakh - 75 lakh |
In-patient hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, organ donor expenses, road ambulance expenses, etc. |
|
Happy Family Floater Policy |
91 days - 70 years |
2 lakh - 20 lakh |
Pre-hospitalisation and post-hospitalisation expenses, organ donor expenses, expenses related to daycare procedures, domiciliary expenses, medical second opinion for 11 specified critical illnesses, etc. |
|
|
Mediprime Plan |
91 days - 65 years |
3 lakh - 20 lakh |
Daycare procedures, pre hospitalisation expenses, post-hospitalisation expenses, in-patient hospitalisation expenses, global cover, cover for bariatric surgery, etc. |
|
|
Family Floater Health Guard |
3 months - 65 years |
1.5 lakh - 50 lakh |
Ambulance expenses, daycare treatment expenses, pre-hospitalisation expenses, post-hospitalisation expenses, in-patient hospitalisation expenses, etc. |
|
|
Care Plan |
91 days - no limit |
4 lakh - 6 crore |
Unlimited automatic recharge benefit, care anywhere with global cover for 12 critical illnesses, in-patient hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, daycare expenses, etc. |
|
|
Zuno Health Insurance |
3 months - no limit |
1 lakh - 1 crore |
Emergency ambulance expenses, in-patient hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, organ donor expenses, daycare expenses, etc |
|
|
Family Health Protector Policy |
1 day - 65 years |
1.5 lakh - 30 lakh |
Pre-hospitalisation and post-hospitalisation expenses, expenses related to alternative treatment, daycare treatment expenses, expenses related to health check-up, vaccination expenses, domiciliary expenses, in-patient hospitalisation expenses, organ donor expenses, etc. |
Top 10 Best Family Health Insurance Plans in India
1. HDFC Ergo Health’s Optima Restore
HDFC Ergo Health Optima Restore plan is one of the best-selling health insurance policies offered by HDFC Ergo Health. The policy offers coverage to people aged between 91 days and 65 years on an individual as well as family floater basis. The policy comes with 3 incredible benefits namely multiplier, restore, and stay active. Multiplier benefit provides you a 100% increase in the sum insured in 2 claim-free years, restore benefit adds 100% of the sum insured in case you use it fully or partially, and the stay active benefit offers you rewards on living an active lifestyle. The policy comes with sum insured options ranging between Rs. 3 lakh and Rs. 50 lakh and covers you against many healthcare expenses. Some of them are domiciliary hospitalisation expenses, pre-hospitalisation expenses, in-patient hospitalisation expenses, post-hospitalisation expenses, daycare expenses, etc.
2. Star Family Health Optima
Family Health Optima policy is a super saver health insurance policy that covers people aged between 16 days and 65 years on an individual as well as floater basis. You can self, spouse, and dependent children at an affordable premium under this policy. The policy offers a wide range of sum insured options between Rs. 3 lakh and Rs. 25 lakh that you can choose as per your requirements and budget. The policy offers you several benefits such as cover for in-patient hospitalisation expenses, daycare procedures, domiciliary hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, and even air-ambulance expenses. Also, the policy comes with 3-time automatic restoration of the sum insured by 100% if it gets fully exhausted.
3. ICICI Lombard (Bharti AXA) Smart Health Plan
A Smart Health plan is a reliable health insurance policy that keeps you and your family financially secure even during a medical emergency. The minimum age limit to be covered under this policy is 91 days and the policy comes without any upper limit. You can be covered under this policy along with your family members for sum insured options ranging between Rs. 2 lakh and Rs. 5 lakh for a period of 1 year or 2 years. The policy offers you many benefits such as cover for an emergency surface ambulance, organ donation expenses, expenses incurred on the person accompanying the patient, domiciliary hospitalisation expenses, health check-ups, and so on. The policy comes with add-on benefits for critical illness and a hospital cash allowance that can be opted for by paying an extra premium.
4. HDFC Ergo My: Health Suraksha
HDFC Ergo My: Health Suraksha policy covers people of all age groups against basic healthcare expenses. Available in three variants (Silver Smart, Gold Smart, and Platinum Smart), the policy can be purchased with sum insured options starting from as low as Rs. 3 lakh and as high as Rs. 75 lakh. The policy offers you and your family cover for several healthcare expenses such as in-patient hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, organ donor expenses, road ambulance expenses, and so on. The policy comes with several add-on covers that you can opt for by paying an extra premium. These are parent and child care cover-booster, non-medical expenses cover, extended cumulative bonus, and room rent modification option. Also, the policy comes with a lifetime renewability benefit.
5. Oriental Insurance Happy Family Floater Policy
Happy Family Floater policy offered by Oriental Insurance is an exhaustive health insurance policy that covers people aged between 91 days and 70 years at affordable premiums. The policy is available in three variants, namely Silver, Gold, and Diamond, all of which come with different sum insured options ranging between Rs. 2 lakh and Rs. 20 lakh. On buying this policy, you can enjoy several coverage benefits such as pre-hospitalisation and post-hospitalisation expenses for up to 30 days and 60 days respectively, organ donor expenses, expenses related to daycare procedures, domiciliary expenses, and medical second opinion for 11 specified critical illnesses. Also, the policy offers several add-on benefits like restoration of sum insured, personal accident cover, and life hardship survival benefit.
6. Tata AIG Mediprime Plan
Tata AIG Mediprime Plan is a comprehensive health insurance policy that covers you and your family several healthcare expenses. You can be covered under this policy if you are aged between 91 days and 65 years and choose from various sum insured options ranging between Rs. 3 lakh and Rs. 20 lakh. The policy covers you against medical and surgical expenses of the organ donor to harvest the organ, daycare procedures, pre hospitalisation expenses, post-hospitalisation expenses, in-patient hospitalisation expenses, global cover, cover for bariatric surgery, and so on. It comes with an add-on cover of accidental death benefit which you can opt for by paying an extra premium. The add-on cover offers you protection in case you suffer from an accident during the policy year. The insurer has more than 3,000 network hospitals where you can avail cashless treatment without any hassle.
7. Bajaj Allianz Family Floater Health Guard Plan
Family Floater Health Guard plan is an indemnity based comprehensive health insurance policy that covers people aged between 3 months and 65 years against hospitalisation expenses arising due to an accident or any serious illness. The policy comes with sum insured options starting from as low as Rs. 1.5 lakh and going up to as high as Rs. 50 lakh thereby fulfilling varied requirements of the customers. The policy can cover you, spouse, and up to 4 dependent children. You can purchase a separate policy for parents/parents in law. The policy covers you against several healthcare expenses including ambulance expenses, daycare treatment expenses, pre-hospitalisation expenses, post-hospitalisation expenses, and in-patient hospitalisation expenses. By offering you a wide range of coverage benefits at affordable premiums, the policy helps you save money.
8. Care Plan Offered by Care Health Insurance
Care Health Insurance policy is another popular health insurance policy that can be purchased for family. The policy offers comprehensive coverage to the customers at an affordable premium. The minimum age limit to be covered under this policy is 91 days and there is no maximum age limit. The policy comes in 5 variants, all of which offer different sum insured options as well as coverage benefits. There are quite a few reasons that this plan is a preferred choice for many. One of them is a good number of coverage benefits. These include cover for annual health check-up for all members covered under the policy, unlimited automatic recharge benefit, care anywhere with global cover for 12 critical illnesses, in-patient hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, daycare expenses, etc.
9. Zuno Edelweiss Health Insurance Policy
Zuno Edelweiss Health Insurance policy is another popular health insurance plan for family. The policy covers you and your family members including spouse, dependent parents, children, parents in law, sister, brother, grandmother, grandfather, or any other member who has an insurable interest. A maximum of 8 members can be covered under this policy for sum insured options ranging between Rs. 1 lakh and Rs. 1 crore. The plan is available in three variants, that vary with sum insured options and coverage benefits. The policy protects you and your family against various healthcare expenses such as emergency ambulance expenses, in-patient hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, organ donor expenses, daycare expenses, etc. Also, the policy offers an add-on benefit named Health 241 that you can voluntarily opt for by paying an extra premium. The literal meaning of 241 is two for one. With this add-on cover, you can get absolutely free cover for the second year of your first policy year goes without a claim.
10. IFFCO Tokio Family Health Protector Policy
Family Health Protector policy is an exhaustive health insurance policy that provides comprehensive coverage to families. The policy covers people aged between 1 day and 65 years for sum insured options ranging between Rs. 1.5 lakh and Rs. 30 lakh. It offers cover for the entire family including children as well as senior citizens under a single premium. There are several coverage features that the policy offers you. These include cover for pre-hospitalisation and post-hospitalisation expenses, expenses related to alternative treatment, daycare treatment expenses, expenses related to health check-up, and vaccination expenses. The policy also provides cover for domiciliary expenses, in-patient hospitalisation expenses, and organ donor expenses.
Conclusion
A health insurance plan for the family is a protective cover that shields your savings in case of a health emergency thereby helping you recuperate in peace. At InsuranceDekho, you will find all the above-mentioned health insurance plans for the family at affordable premiums that you can own within a few minutes with the help of customer care experts. To choose the most suitable of them all, you can use the health insurance premium calculator and compare and analyse policies as per your requirements and budget. But make sure to compare different coverage features as well along with health insurance premiums.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
