Thread by @joinditto

Looking to buy a health insurance plan that covers your whole family?

Here's how.👇 (1/n)

Getting yourself covered is prudent, but your family could use some insurance too, right?

That is where a ‘family floater’ plan comes in handy.

Think of this insurance policy as an umbrella cover for your entire family - you make single premium payments on behalf of the family and the sum assured can be used to cover for medical costs of any member.

Typically, this plan covers two adults and two children.

And it costs you less than buying separate insurance covers for everyone. Sweet, isn’t it?

You might wonder why any sane insurance company would offer a policy that covers everyone for a lesser price.

Think about it - what are the odds of all the family members falling ill at the same time? Slim to none, right? So the insurer isn’t exactly taking the fall.

Note that the ‘waiting period’ works differently when you buy a floater family plan - it’s calculated on an individual basis.

Here’s the thing - when you buy insurance, you have to wait for a set number of days before you can avail of the benefits.

Now, in family floater insurance - this waiting period varies for every family member being covered.

So overall, a family floater plan can be a pretty great idea. And if you need some help in selecting the right plan, talk to us today for free- joinditto.in/ask-ditto/?utm…