Family Floater Health Insurance Plans Give more Benefits at Low Rates

| February 7, 2019

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A family floater is a health insurance plan which covers the entire family and not just the individual. Being covered in a family floater, entire family is benefited from larger common pool if insurance. In a family floater health insurance plan, the sum assured is available for all the family members. Therefore if let’s say a cover of Rs 3,00,000 is available for the entire family of four. The family doesn’t have to bother if two members of the family fall ill and the medical expenses for treating them comes to around Rs 2,00,000. In that case, the remaining Rs 1,00,000 would still be available for the rest of the family members. This feature works in the favor of family floater plans. The policyholder has to focus on one policy and not manage four to five different policies. Some of the features include. Income tax benefit for the premium that is paid towards family floater. Adding near family members which include spouse and children is much easier. If you have still a young family the chances of getting a higher sum assured is better.

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WEHBE Insurance Services LLC

Over the years, WEHBE has grown and evolved, and is today considered one of the most renowned names in the UAE insurance intermediary industry. As an independent insurance broker in the GCC region, one of our main strengths is our ability to maintain solid and strategic relationships with our associate offices and business partners, which enables us to better manage and control risks locally, regionally, as well as globally. Our independent status gives us the advantage of selecting only the best and most respected local and global insurance companies to work with - companies that offer products and services that reflect our own vision and commitment.

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