Best Health Insurance Company in India

Get to Know Everything About the Family Mediclaim Plans

19 April, 2023

0 Shares

215 Reads

Family Mediclaim Plans

Share

A family mediclaim policy is essential to ensure economic security for your family in case of medical emergencies. It provides coverage for hospitalisation expenses, pre and post-hospitalisation expenses, ambulance charges, daycare treatments, domiciliary treatments, and so on. It can also help you save on taxes, as the premiums paid can be claimed as deductions under Section 80D of theITA (Income Tax Act).

 

In this blog, you will get to know everything about a family mediclaim plan.

 

Basics of Mediclaim for Family

A family health plan is a health insurance product provided by insurers to cover the medical expenses of a family against unforeseen medical emergencies. It covers medical expenses such as hospitalisation, doctor’s fees, diagnostic tests, daycare treatments, etc. The plan also offers additional benefits such as cashless hospitalisation, tax benefits, and critical illness coverage.

 

Benefits of a Family Mediclaim Health Insurance

The most common features of these plans include hospitalisation coverage for all family members, coverage for pre-existing diseases, coverage for daycare treatment, coverage for outpatient treatment, and coverage for medical equipment. Some policies may also provide coverage for alternative treatments such as chiropractic care and acupuncture. Other advantages of these plans are

 
  • It is a comprehensive health insurance plan that provides coverage for the entire family.
  • The plan offers multiple riders such as critical illness coverage, personal accident coverage, and more.
  • It provides tax benefits under Income Tax Act’s section 80D.
  • The plan offers cashless hospitalisation, allowing you to save time and money.
  • The plan also offers coverage for pre and post-hospitalisation expenses.

 

Key Considerations before Choosing the Right Plan

When choosing a family health plan, it is important to compare the different plans available and determine which one best fits your needs. You can use the mediclaim for family premium calculator for this purpose. It is also important to read the policy documents carefully and understand all of the features, benefits, and exclusions of the plan. Key considerations to evaluate before purchasing a plan are given below.

 
  • Assess your family’s medical needs and decide the coverage you need.
  • Compare different plans from different insurers to find the best one for you.
  • Review the list of hospitals covered under the plan.
  • Look for other add-on covers like critical illness, personal accident, etc.
  • Check the waiting periods, exclusions, and other important clauses.
  • Before finalising the plan, review the claim settlement ratio and customer reviews.

 

Tips to Maximise the Benefits

Before signing up for a mediclaim for family, it is important to understand all the terms and conditions of the policy. Make sure you are aware of any coverage exclusions, limits and sub-limits that may apply, as well as any waiting periods and restrictions. You can follow certain tips to improve the benefits of your family healthcare plan.

 
  • Choose the Right Type of Policy: Different mediclaim policies offer different levels of coverage and benefits, so it is essential to choose the one that best suits your family’s needs. Consider factors such as the number of family members, existing health conditions, age and other factors when selecting a policy.
  • Review the Fine Print: Review the policy document carefully to get a better knowledge of the coverage and exclusions. Pay special attention to any limits or caps that may apply to various benefits, and make sure you understand the claims process.
  • Take Preventive Measures: Taking preventive measures such as regular health check-ups can help you to identify any health issues early on and reduce the risk of serious illness or injury.
  • Utilise the Available Benefits: Make sure that you are taking advantage of all the benefits offered by the policy. It could include coverage for preventive care, vaccinations, diagnostic tests and hospitalisation.
  • Review the Policy Regularly: As your family’s needs change over time, it is important to review your mediclaim for family regularly to make sure that it still meets your requirements. 


It is also important to understand the renewal process for the policy. The renewal process includes the payment of premiums, the review of the policy terms and conditions, and the renewal of the policy. When choosing a mediclaim insurance policy, it is important to compare the different plans available and determine which one best fits your needs. It is also important to read the policy documents carefully and understand all of the features, benefits, and exclusions of the plan.

Start Your Insurance Today!

Secure your Health with comprehensive insurance plans from Niva Bupa

+91
Disclaimer infoBy clicking Start Now, you authorize Niva Bupa to Call/SMS/Whatsapp on your registered mobile overriding DNCR.

You may also like

Health InsuranceHealth InsuranceMedical Insurance Best Health Insurance PlansHealth Insurance PlansHealth Insurance PolicyBest Health Insurance PlansBest Family Health InsuranceBest Mediclaim PolicyBest Health Insurance In IndiaBest Medical Insurance In IndiaBest Health Insurance Plans In IndiaBest Health Insurance Policy In IndiaMediclaimBest Health Insurance For Senior Citizens In IndiaBest Health InsuranceHealth Insurance With Opd CoverMediclaim InsuranceMedical Insurance PlansBest Health Insurance Company in IndiaCritical Illness InsurancePersonal Accident InsuranceMediclaim PolicyIndividual Health InsurancePregnancy InsuranceMaternity InsuranceBest Family Health Insurance plans in IndiaBest Health Insurance companyFamily Health InsuranceBest Health Insurance plans for Senior CitizensMediclaim Policy for Family

 

Health Insurance SchemesChief Ministers Comprehensive Health Insurance SchemeEmployee State Insurance SchemeSwasthya Sathi SchemePradhan Mantri Matru Vandana YojnaGovernment Health Insurance SchemeDr. YSR Aarogyasri SchemePradhan Mantri Suraksha Bima YojnaHealth Insurance DeductibleWest Bengal Hcovealth SchemeThird Party AdministratorRashtriya Swasthya Bima YojanaIn Patient Vs Out Patient HospitalizationMukhyamantri Chiranjeevi YojnaArogya Sanjeevani Health InsuranceCopay Health InsuranceCashless Health Insurance SchemeMukhyamantri Amrutum Yojna

 

Travel Insurance - Travel Insurance | International Travel InsuranceStudent Travel InsuranceTravel Insurance USATravel Insurance CanadaTravel Insurance Thailand | Travel Insurance GermanyTravel Insurance Dubai | Travel Insurance Bali | Travel Insurance Australia | Travel Insurance Schengen | Travel Insurance Singapore | Travel Insurance UK | Travel Insurance Vietnam | Malaysia Tourist PlacesThailand Visa for Indians  | Canada Visa for Indians | Bali Visa for IndiansECR and Non ECR Passport | Qatar Visa StatusUSA VisaVietnam VisaUSA H1B Work Visa

 

Become an agentInsurance Agent | Insurance AdvisorLicensed Insurance AgentHealth Insurance ConsultantPOSP Insurance Agent

 

Group Health InsuranceStartup Health Insurance | Commercial Health InsuranceCorporate insurance vs personal insuranceGroup Personal Accident Insurance

 

Top Hospitals -  Best Hospitals in ChennaiTop Hospitals in DelhiBest Hospitals in GurgaonBest Hospitals in IndiaTop 10 Hospitals in IndiaBest Hospitals in HyderabadBest Hospitals in KolkataBest cancer hospitals in BangaloreBest cancer hospitals in HyderabadBest cancer hospitals in MumbaiBest cancer hospitals in IndiaTop 10 cancer hospitals in IndiaTop 10 cancer hospital in DelhiMulti Speciality Hospitals in MumbaiMulti Speciality Hospitals in ChennaiMulti Speciality Hospitals in HyderabadSuper Speciality Hospitals in DelhiBest Liver Hospitals in DelhiBest Liver Hospitals in IndiaBest Kidney Hospitals in IndiaBest Heart hospitals in BangaloreBest Heart hospitals in IndiaBest Heart hospitals in KolkataBest Heart hospitals in Delhi


OthersTop Up Health Insurance PolicyCorporate Health InsuranceHealth CardSection 80d of Income Tax ActAyushman BharatHealth Insurance PortabilityGoActive Family Floater PlanHealth Companion Family Floater PlanHealth Premia Family Floater PlanHealth Pulse Family Floater PlanHealth Recharge Family Floater PlanHeartbeat Family Floater PlanMoney Saver Family Floater PlanSaral Suraksha Bima Family Floater PlanSenior Citizen Family Floater PlanSuper Saver Family Floater PlanCorona Kavach Family Floater PlanHospital Cash InsuranceCashless Health InsuranceHealth Companion Price revision | Heartbeat Price revision | ReAssure Price revision 

 

Health & Wellness - PCODPCOD Problems SymptomsStomach InfectionStomach Infection symptomsHome remedies for Stomach InfectionHypertension definitionHow to Control SugarTyphoid in HindiBlood sugar symptomsTyphoid symptoms in hindiLow sugar symptoms | ब्लड शुगर के लक्षणpregnancy me kya kareOpen heart surgery costBlood infection symptoms in hindiBP badhne ke karanKhansi ka gharelu upayOmicronCoronavirus Health InsuranceCovid XE VariantNorovirus

footer logo
Some image

www.nivabupa.com

Some image

+91 11 41743397

Some image

1860-500-8888

Some image

3rd Floor, Capital Cyberscape, Sector 59, Gurgaon

  • Insurance is a subject matter of solicitation. Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) (IRDAI Registration Number 145, Category:Health), 'Bupa' and 'HEARTBEAT' logo are registered trademarks of their respective owners and are being used by Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company Limited) under license. CIN: U66000DL2008PLC182918
  • 1 Niva Bupa processes pre-authorisation requests within 30 minutes for all active policies, subject to receiving all documents and information(s) up to Niva Bupa’s satisfaction. The above commitment does not include pre-authorisation settlement at the time of discharge or system outage.
  • 2 Since Inception refers to claim data from 2010 till December 2023.
  • 3 ReAssure 2.0 Premium: The premium is including taxes and for Bronze Variant, for a 25-year-old individual living in Delhi.
  • 4 Aspire Premium: The premium is including taxes and for Gold+ Variant, for a 25-year-old individual living in Delhi.
  • 5 Senior First Premium: The premium is including taxes and for Gold Variant, for a 65-year-old individual living in Delhi.
  • 6 Health Premia Premium: The premium is including taxes and for Silver Variant, for a 25-year-old individual living in Delhi.
  • 7 SmartHealth + Disease Management Premium: The premium is including taxes and for Disease Management Gold Variant rider when bought with ReAssure 2.0 Bronze variant with Base Sum Insured of 5 lacs, for a 25-year-old individual living in Delhi.
  • Beware of spurious / fraud phone calls! Do not share your confidential information like Debit / credit card number, Internet Banking User ID/Password, Pin, CVV, OTP, etc. with anyone. Avoid clicking on attachments / payment link received in mails / message from unknown sources. IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment or premium. Public receiving such phone calls are requested to lodge a police complaint. Do not respond to unsolicited and attractive offers received through unidentified calls, emails, SMSs, and other social media platforms. Beware of misleading telephone calls from people posing as Niva Bupa officials, agents, IRDAI Officials, Officials from ECI (Office of the Executive Council of Insurers) etc. and offering alluring benefits or sharing false information on your policy or on Niva Bupa. Niva Bupa shall not be responsible for any loss or damages whatsoever for any acts or omissions arising out of such spurious calls, and all customers are advised to contact our customer care at 1860-500-8888 and verify any representations or promises made by any such spurious callers before acting upon the same.
Social IconSocial IconSocial IconSocial IconSocial Icon