Family Health Insurance

We recommend coverage of ₹10 lakhs per insured member, which means coverage of ₹40 lakhs for a family of four. However, with a slightly extra amount, one can go for ₹1 crore coverage, which gives complete peace of mind.

In a single policy, a maximum of 2 adults and 4 children can be added. For any more members, another policy is needed.

Yes, almost all insurers allow adding a spouse in case of marriage or a child born during the policy period.

The best family health insurance depends on your family’s size, age, and medical needs. Look for: 

• No co-pay: So you don’t have to pay out-of-pocket during hospitalisation. 
• High coverage with restoration benefit: Ensures your sum insured gets replenished if exhausted. 
• OPD (Outpatient Department) benefits: Covers doctor consultations, tests, and medicines. 
• Pre-existing disease (PED) coverage: Shorter waiting periods help those with existing conditions. 
• Cashless hospital network: More hospitals mean easier and faster claims. 
• Maternity coverage: Essential for young couples planning a family. 
• Wellness benefits: Free health check-ups, teleconsultations, and discounts on medicines. Every family’s needs change with age and life stage.  

The best is a very relative term as far as health insurance is concerned. A young family may prioritise maternity benefits, while an older family may need OPD or PED coverage. Paybima’s advisors help you choose a health insurance plan that suits your family’s needs. 

Medical bills can wipe out savings. The best family health insurance provides: 

• One policy covers all family members, making it affordable. 
• Protection against unexpected hospitalisation costs, including surgeries and ICU stays. 
• Tax benefits under Section 80D, reducing taxable income. 
• Access to quality healthcare without financial stress. 

Medical emergencies can drain savings. The best family health insurance plan covers hospital bills, daycare treatments, ambulance costs, and more under one policy. With Paybima’s expert guidance, you get the right coverage at the best price, ensuring your family’s financial security. 

Choosing the best health insurance plan for your family can be confusing with so many options. Focus on: 

• Coverage amount – Ensure it’s sufficient for rising medical costs. 
• Claim settlement process – A quick, hassle-free process is a must. 
• Waiting periods – Shorter waiting periods for pre-existing diseases are better. 
• Room rent limits – Choose a plan with higher or no restrictions. 

Medical costs in India are rising fast. The best health insurance plan covers unexpected hospital bills, ensuring quality treatment without financial stress. At Paybima, our experts help compare policies and suggest the best options based on your family’s needs. 

Good family health insurance is essential, especially to manage medical inflation. Some of the key benefits of choosing such an insurance include the following: 

• The health insurance policy will cover medical emergencies, thereby protecting your savings.  
• The family health insurance policy usually covers medical conditions like surgeries, organ transplants, and cancer.  
• The health insurance offers coverage for the entire family. If necessary, you may add your in-laws to the policy to maintain better health management.  
• Health insurance plans for families offer financial protection, especially in unexpected circumstances like hospital or treatment emergencies.  

Choosing the best family health insurance policy can also offer tax exemption benefits. With Paybima's expert guidance, you can purchase the best insurance policy, depending on your family's requirements.  

You need to decide your health insurance based on your requirements and lifestyle. However, in a metro city, for a young family of 4, health insurance coverage of ₹10-30 lakhs should be sufficient unless pre-existing ailments exist or you would like to opt for a costly hospital. The premium amount will vary depending on factors such as the insured's age, type of coverage, number of family members insured, add-on covers opted for, and more.  
 
You must assess your and the family's needs before finalising the decision. Our experts at Paybima are readily available to understand your requirements and the type of coverage you're looking for. Based on that, our experts will recommend suitable health insurance plans for families with optimal coverage and no high premiums. Thus, you can secure the future of your family against medical emergencies.  

The average cost of health insurance in India ranges between ₹700 to ₹2000 per month per 10 lakhs of coverage for basic individual plans. The family floater policies would be higher depending on the family construct. However, this is just a basic structure of the money, and the actual cost would vary depending on different factors like health status, coverage amount, and age.  
The monthly cost of health insurance in India varies from insurer to insurer. If the coverage and benefits rise, the premium could also increase. Moreover, the premium for senior health insurance policies is high due to increased risk. At Paybima, we will help you compare multiple insurer quotes. Our experts will help you understand the benefits of each policy to make the right choice.  

With the rising medical costs, secure your family with a reliable family health insurance plan. Below are some tips for picking the best family health insurance plan: 

• Family needs: Note how many members are to be covered and their ages. 
• Coverage: The best family health insurance plan must offer extensive coverage for daycare procedures and pre-and post-hospitalisation charges.  
• Claim settlement process: Must be fast and efficient with a quick turnaround time. 
• Network hospitals: Have a good network of hospitals close to your residence or work and support cashless facilities for medical emergencies.  
• Additional benefits: Check for benefits like wellness programs or virtual consultation charge coverage. 

The best family health insurance plan must offer sufficient benefits to protect against sudden medical charges. Our experts at Paybima can help you compare policies and choose the one that best fits your needs.  

Cashless health insurance is meant to ease medical expenses and hospitalisation claims. With the right insurance policy, you can get a lot of perks in the hospital. So, it totally depends on the health insurance plan that you have opted for. Cashless is just a process of availing health insurance claim, and a specific “type” of plan. If the family health insurance plan provides coverage for a specific ailment, such as a pre-existing disease, after a certain waiting period, you can avail of it even in the cashless or reimbursement mode.  
 
Here are some of the common things not covered by cashless health insurance include hormone replacement therapy, non-accidental dental treatments, cosmetics or plastic surgeries, injuries due to adventure sports or self-harm injuries, IVF and fertility treatment, genetic disorders or health issues due to alcohol, drugs and smoking, etc. 
 
However, with Paybima's expert guidance, you can understand what each insurance would cover under cashless benefits to help you make the right choice. 

Some of the best family health insurance plans in India include the following: 

• Care Health Insurance 
• Aditya Birla Health Insurance 
• Tata AIG General Insurance 
• Manipal Cigna Health Insurance 

But it totally depends on your needs on what type of plan you need and then opt for the one which best suits your needs. Thus, choosing the best family health insurance plan helps get quality healthcare and enough coverage for unexpected medical costs. Considering the increasing health risks people face daily, choosing a plan that provides proper coverage to parents, spouses and children under a single policy is important.  
 
Each of these best family health insurance companies has many policies with multiple benefits. If you're confused about which one to proceed with, our experts at Paybima can offer you sufficient guidance to make the right choice.  

The family health insurance plan offers a wide range of coverage for medical expenses like alternative treatments, preventive care and hospitalisation. These include: 

Hospitalisation: In-patient hospitalisation stays, daycare procedures, surgeries and treatment expenses.  

• Preventive care: Routine check-ups, vaccination and screening.  
• Emergency services: Emergency room treatment and ambulance charges 
• Maternity care: Newborn prenatal care, postnatal care and childbirth.  
• Chronic care: Diabetes and hypertension. 
• Alternative treatments: Therapies such as Unani, Siddha, Yoga and Homeopathy. 

Some family health insurance plan providers may offer additional dental and vision care coverage or specific mental health conditions based on their terms. These meet the regular cashless facilities as well. If you're looking for coverage for your entire family, connect with our experts at Paybima. Our experts understand your needs and provide recommendations to ease your policy-buying process.  

Your family health insurance plan must provide sufficient care to your elderly parents. As they grow older with each passing day, their medical risks increase, too. Therefore, it is advisable to choose the ideal health insurance plan for senior citizens that offers enough protection against these specific concerns. 
 
Here's a list of some of the top health insurance plans for senior citizens in the family: 

• Care Supreme 
• Star Health Red Carpet Plan 
• Digit Super Care Plan 

The above-mentioned family health insurance plans are some plans that offer maximum coverage with affordable premiums with pre-existing disease waiting periods of around 2-3 years. At Paybima, we'll help you choose a senior parents-friendly family health insurance plan by comparing all the necessary factors and offer the best option for your senior parents.

We can help you to buy the best family health insurance online, by providing multiple quotations. You get to compare all the quotes and then choose the one which best suits your needs and our advisors will help you fulfill the transaction.  
 
Our experts at Paybima will guide you in comparing all the family health insurance online plans and help you understand what each policy offers. The comparison service is provided to help you make the right choice and not just buy the first policy that you see. You can then purchase the insurance online from our website. You may seek extra help by visiting the Paybima office and meeting someone in person.  

Technically, you are eligible for buying a health insurance plan after the age of 18 years, once you are recognised to be an adult as per Indian laws. However, to avail a family health insurance plan, you need to have a family, i.e. spouse and children. Ideally parents should be covered in a separate health plan, especially if they are old and ailing. Also, with the rise in medical inflation in India, it is advisable to buy a health insurance plan early.  

 
For a family health insurance plan, you must consider your age, the age of the oldest member of your family, and any pre-existing medical condition they have. If you need support, our experts at Paybima can offer sufficient guidance regarding the family health insurance plan coverage, flexibility and other benefits to help you make informed decisions.  

The waiting period in health insurance is the time you must wait before certain benefits become active. During this period, claims for specific conditions won’t be covered. Therefore, it is advisable to check the details before buying.  

• Pre-existing diseases (PEDs): Usually 2-4 years. 
• Initial waiting period: 30 days for all non-accidental claims. 
• Maternity coverage: 9 months to 4 years, depending on the insurer. 
• Specific illnesses (like hernia, cataract): 1-2 years. 

Choosing a health insurance plan with a shorter waiting period helps access benefits sooner. Paybima’s advisors can guide you to the best options. 

Medical treatments can be financially draining. As medical treatment costs rise each day, not being prepared can only lead to severe financial distress. Some of the key benefits of buying a health insurance plan for the family include: 

The health insurance plan will provide sufficient financial support in case of medical emergencies like organ transplants, surgeries and cancer.  

• The entire family will have a one-stop medical insurance.  
• All the members of the family will receive high coverage.  
• Financial security in case of unexpected medical emergencies.  
• New members can be easily added to the policy term for an additional premium payment.  
• You can avail of tax benefits under Section 80D. 

With so many benefits, choosing the best health insurance plan is important to combat the side effects of rising medical costs in India. At Paybima, we help you compare all the policies and make an informed decision based on your family's needs.  

Family health insurance can offer financial protection against unforeseen medical emergencies to you and your family members. Some of the major benefits of the same include: 

• Daycare: Covers the medical procedures that don't require an overnight stay at the hospital.  
• Chronic diseases: Manages various chronic conditions like hypertension and diabetes.  
• Emergency services: Covers emergency room treatments and ambulances.  
• Preventive care: Covers vaccination, screenings and routine check-ups for preventive care.  
• Accidents: Coverage only for unexpected events.  
• Tax benefits: Exemption under Section 80D, thereby reducing taxable income in the Old Tax Regime. 
• Extensive coverage: One policy will cover all family members offering affordability. 

Medical treatment can take a severe toll on your financial health, often leading to debt. Therefore, with Paybima's expert guidance, you can save yourself against such financial catastrophes while providing sufficient protection to your family members with the best family health insurance. 

Individuals above the age of 18 years are eligible to buy family health insurance in India. However, it is mostly advisable for individuals in their early 20s or 30s to purchase health insurance. You must check whom you can add to your insurance plan and proceed accordingly. As the policy buyer, you can add family members like spouses, children and parents to the insurance.  
 
You must check the minimum age of an individual that you can add to the insurance. For example, some family health insurance plans offer to add kids as young as 91 days for family floater packages. You must also submit legitimate documents when buying family health insurance in India. If you need assistance purchasing a health insurance policy in India, connect with expert advisors at Paybima. We help you compare and choose a policy that fits your family's needs best.  

Yes, you can add your parents to the family health insurance plan that you purchase. If you buy an individual plan, you can add your parents and mention them as dependents. Nonetheless, it is strongly advisable against including parents in family floater plans.  The premium of family health insurance is calculated depending on the age of the oldest member of the family. Thus, the higher the age, the higher will be the premium.  
 
While you can add your parents to the family health insurance, you may not consider doing so because of higher costs. Instead, you may purchase separate family health insurance for your parents, especially if they are senior citizen. If you're confused about which plan to choose, consult with expert advisors from Paybima, compare and then purchase the policy.   

We at paybima can help you to renew your family health insurance plan. You can choose to renew your plan online, considering its ease and comfort. Some of the key things to consider while renewing the family health insurance plan include: 

• Renew before the due date so that your coverage continues. 
• Review your requirements and check to add/remove the add-ons based on that.  
• You can port your policy to a new insurance company 45 days before the current policy expires to receive more benefits.  

The insurance policy doesn’t get renewed on its own. You will have to do it. If you missed the deadline, you can use the grace period.  
 
You can also renew the policy offline by visiting the office, filling out the form and paying the renewal amount in cash or via demand draft. If you are struggling with the family health insurance plan renewal procedure, contact our Paybima experts. We will guide you through helping in renewing your policy.  

Yes, tax deductions are offered on the family health insurance plan. You are eligible for tax deductions under Section 80D on health insurance premiums up to Rs 25,000 in a financial year. You can claim the tax deductions on the policy purchased for yourself, spouse and dependent children.  
 
Tax deductions can also be claimed for family health insurance premiums paid for the parents. If one or both parents are senior citizens (above the age of 60), the tax deductions can be claimed for up to Rs 50,000 per financial year. Otherwise, it is Rs 25,000.  
 
You are also eligible to claim a tax deduction worth Rs 5,000 for preventive healthcare of your family, which is within the total 80D limit. Our experts at Paybima can help you with all your queries related to the family health insurance policy so that you can prevent any financial blunders.  

The best health insurance plan for families caters to the needs of senior citizens and the young ones. The health insurance plan for families is the one that provides the following benefits: 

• No copay: The insurance company will cover the entire cost, so you don't have to pay out of pocket.  
• OPD: Covers the outpatient department with tests, consultations and medicines.  
• Short waiting periods: The pre-existing health conditions must have a short waiting period, something nearly 2 years.  
• Cashless hospitals: The best family health insurance plan supports a wider network of hospitals with cashless benefits.  

The best health insurance plan you choose must also offer maternity benefits. Paybima expert advisors will help you compare the insurance plans from top providers and choose the best one per your family's requirements.