Oriental Happy Family Floater Health Insurance

This add-on cover is provided to the insured if at any time during the policy term is he/she sustains bodily injury due to sudden or unforeseen and involuntary events caused due to visible, external, and violent means at any place across the globe. If the injury leads to the death or disability of the insured within 12 months, then the company will be liable to pay the covered amount to the insured or the nominee. If the nominee is not present, then the legal heir will receive the benefit subject to terms and conditions.

With this add-on cover, the insured gets a survival benefit if during the policy period he/she gets diagnosed with any of the 11 critical illnesses as specified in the policy document. But note that this benefit will not be offered if the insured was already suffering from the illness before policy purchase.

True to its promises, Happy Family Floater Policy offers supreme coverage so that a family is able to handle its medical expenses without any interruption in between a medical treatment. Covering the significant inpatient hospitalisation expenses, Happy Family Floater Policy also takes care of Ayurvedic, Siddha, Unani and Homeopathic treatment expenses. Besides offering extension of policy covering SAARC countries and optional covers of Restoration of Sum Insured, Personal Accident, Life Hardship Survival benefit, the policy also covers you for -

• 30 days pre-hospitalisation & 60 days post-hospitalisation expenses
• Cover for specified/listed daycare procedures
• Coverage for domiciliary hospitalisation
• Cover for 11 critical illnesses on Benefit Basis
• Daily Hospital Cash Allowance Benefit - 0.1% of SI per day (Gold and Diamond Plan)
• Attendant Allowance - Rs. 500 & Rs. 1000 per day of hospitalisation (Gold & Diamond Plan)
• Maternity and newborn baby cover (Diamond Plan)
• Organ Donor Benefit - After a waiting period of 12 months
• Medical Second Opinion for 11 specified major illnesses - Globally
• Extension of Maximum Entry Age - Silver & Gold Plan

Needless to say, Oriental Insurance through its Happy Family Floater Policy makes sure that no family has to deal with any kind of inconvenience in terms of finance. To make the insurance experience even better, the policy comes with additional beneficial features that includes -

• Lifelong renewal of policy
• Option of TPA & non-TPA services
• Pre-existing disease coverage after four consecutive policy periods
• Free look period - 15 days
• Grace period - 30 days
• Easy policy portability
• Tax benefits under Section 80D 
• Discount of 5.5% on premium if services of TPA are not opted

At last, it can be concluded that Happy Family Floater Policy is a boon for every family that longs for financial security, especially at a time when they can't afford instability in terms of finance. If you too want financial protection of first rate, go for this policy without giving any second thoughts.

It is advisable to choose the online mode for policy purchase so as to enable quick issuance. Moreover, to add more value to the experience, you can choose the platform of InsuranceDekho to buy the policy and benefit from policy transparency, claim settlement support, policy portability, and other advantages.

The maximum entry age under the policy is 65 years for all members; however, this can be extended to 70 years subject to conditions.

Generally, dependent children between the age of 91 days to 18 years are covered under the policy. However, the financially dependent male child can be covered up to 25 years of age. A female child can be covered until she gets married.

A pre-acceptance medical check-up is required for persons aged 60 years and above under Silver and Gold variants. However, under Diamond variant, the persons aged 55 years and above are required to undergo a pre-acceptance medical check-up.

Term of the Policy is one year and is renewable lifelong.