What is a Floater Policy?
A floater Policy is issued with a single sum insured covering number of individuals. The family is covered for a fixed amount and anyone in the family can avail of the benefit till the limit is exhausted. In short, it is one single policy which takes care of the hospitalization expenses of your entire family.
Related Questions
- Health Insurance ยป General: I am looking for a single health insurance floater policy which can cover my parents or in laws too?
- Can claim be made within the first 30 days of buying the individual / family floater policy?
- Which is the best family floater health insurance policy(for 2 adults) in India ?