Aman Patni2024-08-27T17:51:54+05:30In a family floater health insurance plan, a fixed sum insured is shared by all family members. The sum insured decreases with each claim. If it gets exhausted, no further claims can be made until the policy is renewed.
Q2. Can I add family members to my existing family health insurance policy?
Aman Patni2024-08-27T17:50:50+05:30Yes, family members can be added at the time of renewal by paying an additional premium. New dependents cannot be added mid-term, except for a newborn.
Q3. What happens if the primary insured person passes away?
Aman Patni2024-08-27T17:50:04+05:30If the primary insured passes away, another adult family member can take over as the policyholder and continue the policy. The insurer must be informed to update the details.
Q4. How long can my child stay covered under the family health insurance policy?
Aman Patni2024-08-27T17:49:23+05:30Dependent children are usually covered until the age of 25, but the age limit may vary by policy. If your child marries or starts earning, they may no longer be eligible.
Q5. Is there a waiting period for family health insurance policies?
Aman Patni2024-08-27T17:48:44+05:30Yes, there are waiting periods, including:
