Top 10 Family Health Insurance Plans

Top 10 Best Family Health Insurance Plans 2022

Health Insurance
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Family health insurance plans are like any other insurance that covers two or more family members under fixed sum assured. Under family health insurance plans/ best health insurance plan for Family, customers get options of covering a legally wedded spouse, dependent children, parents, parents-in-law, etc., along with self.

After the pandemic hit the world, the health insurance companies started giving covers to customers and their families for COVID-19 treatment as well. 

Several healthcare expenses arising due to a positive diagnosis of COVID-19 are covered these days with the best health insurance plan for a family.

What is Family Health Insurance?

Family health insurance plans/ Best Health Insurance Plan for Family gives consumers a lot of coverage, trust, choice, and more. These insurance cover hospitalization charges, daycare charges, and ambulance charges. Family health insurance covers medical bills for the entire family. 

Customers can retain their family’s well-being with affordable and best health insurance plans. These plans secure the health of 2 or more 2 family members in a family.

Everyone needs medical insurance. Whatever your age or gender is, you need health insurance for covering any expenses caused due to any illness. Trust us when we say this “best health insurance plan for a family is not a waste of money”. 

10 Best Family Health Insurance Plans in India

 Best family health insurance plans include benefits like Emergency local road ambulance charges, pre-post hospitalization expenses, Daily cash allowance, Cumulative bonus, Daycare procedures, and more.

Let’s look at the 10 best health insurance plans for family in detail:

S.No. Family Health Plan for families The insurer of the plans Sum Assured (in Rs.) Benefits offered

In the policy

1 Aditya Birla Activ Health Platinum Plan Aditya Birla Health Insurance 2 lakh – 2 Crores Daycare procedures, In-patient hospitalization expenses, OPD cover, Home treatment, Obesity Treatment, etc.
2 Bajaj Allianz Health Guard Plan Bajaj Allianz Health Insurance 1.5 lakh to 1 crore Pre-post hospitalization expenses charges, Road ambulance, Preventive health check-up, Maternity expenses, Bariatric surgery cover, etc.
3 Bharti AXA Smart Super Health Insurance Policy Bharti AXA Health Insurance 5 Lakh- 1 Crore Hospitalization benefit, Critical illness, Pre-existing diseases, Transplantation of organs, Pre-post hospitalization expense, etc.
4 Care Health Insurance Plan Care Health Insurance Plan 5 lakh to 75 lakh Maternity cover, In-patient-hospitalization expenses, Organ donor expenses, Daily allowance, Annual health check-up, etc.
5 Cholamandalam Healthline Insurance Policy Cholamandalam Health Insurance 2 lakh to 25 lakh Emergency ambulance expenses, hospitalization coverage, maternity cover, extended hospitalization allowance, outpatient expenses (dental, hearing aid, contact lens & spectacles), etc.
6 Digit Health Insurance Plan Digit Health Insurance 2-25 lakhs Pre-post hospitalization expenses, Maternity benefit, Hospitalization benefit, Infertility treatment cover, OPD benefit, etc.
7 Edelweiss Health Insurance Policy Edelweiss Health Insurance 1 lakh to 1 crore Daycare treatment, Maternity benefit, Recovery benefit, Hospitalization expenses, Health check-up, etc.
8 Future Generali Health SurakshaFamily Plan Future Generali Health Insurance 5- 10 Lakh Ambulance charges, Daycare treatment, Hospitalization expenses, Pre-post hospitalization expenses, Patient Care, etc.
9 IFFCO Tokio Family Health Protector Policy IFFCO Tokio health insurance 1.5 lakh to 30 lakh Pre-hospitalization coverage, post-hospitalization coverage, vaccination coverage, etc.
10 Kotak Family Health Insurance Plan Kotak Mahindra Health Insurance 2-100 lakhs Pre and post-hospitalization, critical illness, diagnostics tests, daycare, etc. 

Here are all details about the best health insurance plans for family.

An insurance that is also medical insurance and covers all your family members in a single health insurance policy is known as health insurance for the family. One can get all benefits with the best family health insurance plans/ floater health insurance plans.

Let’s discuss these 10 best family health insurance plans below:

1. Aditya Birla Activ Health Platinum Plan

This plan includes: 

  • Min Entry age for children is 91 days
  • Max Entry age will be no age capping
  • Members covered in this plan are Self, spouse, and children between the age of 25 years
  • Minimum and the maximum sum assured provided will be Rs. 2 lakhs- Rs. 2 Crores
  • The waiting period for pre-existing medical conditions is 48 months.

2. Bajaj Allianz Family Floater Health Guard Plan

This plan includes:

  • Lifelong renewal option
  • The number of members covered is 6
  • The waiting period for pre-existing medical conditions is 48 months.
  • Pre-hospitalization coverage will be for 60 days
  • Post-hospitalization coverage will be for 90 days.

3. Bharti AXA Smart Super Health Insurance Policy

This plan includes:

Incurred Claim Ratio (2018-19) is about 89%

  • Min Entry age of children is 5 years
  • Max Entry age of adults is 65 years
  • The number of members covered are Self, spouse, and children between the age group of 90 days- 23 years
  • Minimum and the maximum sum assured provided is 5 lakhs to Rs.1 Crore
  • The waiting period for pre-existing medical conditions is 48 months.

4. Cholamandalam Health Insurance

This plan includes:

Incurred Claim Ratio (2018-19) is about 35%

  • Min Entry age for Children is 3 months and for adults is 18 years.
  • Max Entry age for Children is 26 years and adults is 65 years
  • The number of members covered in this plan will be Self, spouse, and children
  • Minimum and the maximum sum assured provided is 2 lakhs to 15 lakhs
  • The waiting period for pre-existing medical conditions is 48 months.

5. Digital Health Insurance

This plan includes:

Incurred Claim Ratio (2018-19) is about 11%

  • Min Entry age for children is 1 year
  • Max Entry age will be 60 years
  • The number of members covered in this plan is suitable for nuclear families and newly married couple
  • The minimum and the maximum sum assured provided will be rs. 2laks- Rs. 25 lakhs.

6. Care Health Insurance Plan

This plan includes:

Incurred Claim Ratio as per Public Disclosure (2018-19) is about 55%

  • Min Entry age for Children is 3 months and adults are 18 years
  • Max Entry age is and there is lifelong renewability
  • Minimum and the maximum sum assured provide will be Rs. 3 lakhs to Rs. 60 lakhs
  • The maximum number of members covered are 6
  • The waiting period for pre-existing medical conditions is 48 months
  • The waiting period for policy-specified diseases is 24 months.

7. Edelweiss Family Floater Health Insurance

This plan includes:

Incurred Claim Ratio (2018-19):  115%

  • Min Entry age for child is 3 months
  • Max Entry age for children is 21 years
  • The number of members covered in this plan is Self, spouse, and children
  • Minimum and the maximum sum assured will be provided which is up to Rs. 1 Crore.

8. Future Generali Health Suraksha Family Plan

This plan includes:

Incurred Claim Ratio (2018-19) is about 73%

  • Min Entry age for Children is 5 months, and for adults is 18 years
  • Max Entry age for Children is 25 years and for adults is 70 years
  • Minimum and the maximum sum assured provided will be 5- 10 lakhs
  • The waiting period for pre-existing medical conditions is 48 months.

9. IFFCO Tokio Family Health Protector Plan

This plan includes:

Incurred Claim Ratio (2018-19) is about 102%

  • Min Entry age for Children is 3 months, and for adults is 18 years
  • Max Entry age for children is 23 years, and for adults is 65 years
  • Minimum and the maximum sum assured provided is 1.5 lakhs – 30 lakhs
  • The waiting period for pre-existing medical conditions is 48 months.

10. Kotak Health Care Family Health Insurance

This plan includes:

  • Incurred Claim Ratio (2018-19) is about 47%
  • Min Entry age for Children is 91 days, and for adults is 18 years
  • Max Entry age for children is 25 years, and for adults is 65 years
  • The number of members covered in the plan is for self, spouse, children, and parents
  • Minimum and the maximum sum assured provided is Rs. 2 lakhs- Rs. 100 lakhs
  • The waiting period for pre-existing medical conditions is 48 months
  • This health insurance plan offers coverage to you and your family.

Benefits of Best Family Health Insurance Plans

A health insurance plan comes loaded with the following inclusions. Numerous benefits that a best family health insurance plan provides:

  • Cashless Treatment
  • Cover for Pre and post hospitalization fee
  • Reimbursement for Ambulance fees.
  • Expenses of Routine medical check-ups are covered
  • In-patient hospital expenses
  • Charges for treatments are available at home.
  • Insure New Family Members Easily
  • Stress-free Hospitalization Expense Cover
  • Cover for Parents in the Same Plan
  • COVID Health Insurance for Family
  • Option to Avail Additional Benefits
  • Tax Benefits on Health Insurance Premium

Eligibility Criteria of Best Family Health Insurance Plans

Only after thoroughly reading the policy documents to understand the policy exclusions in detail; one should purchase the policy. Sometimes OPD treatments and routine medical check-ups, expenses incurred on an aesthetic treatment or plastic surgeries, expenses incurred on life-support machines are not supported in these family health insurance plans. But, let’s discuss eligibility criteria to apply for a policy:

S.No. Categories Specifications
1 Minimum Entry Age Adult – 18 years

Children – 90 days

2 Maximum Entry Age Adult – 65 years

Children – 25 years

3 Family Members Covered Self, spouse, dependent children, dependent parents, and parents-in-law
4 Renewability Lifetime

Best Family Health Insurance Plans – FAQs

Q1. What is Family Health Insurance?

Ans. Family Health Insurance covers all medical-related bills of the entire family. 

Q2. Does Health Insurance Cover Covid-19 Expenses?

Ans. Yes, insurance companies cover  covid-19 medical treatments under best family health insurance plans/ Best Health Insurance Plan for Family.

Q3. Name Any Two Best Family Health Insurance Plans.

Ans. The two best family health insurance plans are Aditya Birla Activ Health Platinum Plan and Bajaj Allianz Health Guard Plan.

Q4. Please Discuss What all is not Covered in a Family Health Insurance Plan.

Ans.  OPD treatments and routine medical check-ups, expenses incurred on any aesthetic treatment/ plastic surgery expenses are not included.

Q5. What are the Eligibility Criteria to Purchase Family Health Insurance Plans in India?

Ans. Minimum Entry Age: Adult – 18 years and Children – 90 days, Maximum Entry Age: Adult – 65 years and Children – 25 years.

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