I would like to know some details on some best family floater health insurance plan.
Currently, my employer provides Family health insurance ( me, spouse and my parents).
It is family floater policy for 4 Lakhs cover. And I need to pay some additional charges ( approx. Rs.20000 yearly)to cover my parents. I will get tax benefit for this.
Apart from the above plan, I don’t have any other additional health insurance policy for my family and parents.
I feel the employer’s parental insurance charges ( Rs.20000) are high. And it might increase in the future also.
I would like to know whether it is better to take an additional health insurance plan ?.
If so, Can you please suggest some best health insurance policies.
Please find below my details:
My age: 30 years
Spouse age: 25 years
My Father’s age: 58 years
My Mother’s age: 52 years
Thanks and Regards,
Gopi-First try to separate the parents insurance with your family. Buy them separate insurance (which includes father and mother). For them, I suggest to go for Apollo, Religare, MaxBupa or National Insurance. For your family purpose, I suggest same companies. Ideal insurance coverage must be around 50% of your yearly income.
If your parents have any health issues then few companies may reject the proposal. In that case, the easiest way to cover them is through your employer. Try to cover your parents before they turn to 60 Yrs of age and also look for a policy which covers them for lifelong.