/content/nivabupa/in/en/bank,/content/nivabupa/en/in/digital/home/app-form2,/content/nivabupa/en/in/digital/home/thank-you1,partner.nivabupa.com
/content/nivabupa/in/en/agent

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?
Myself Icon Individual
Wife Icon Husband & Wife
Family Icon Family
Enter valid name
Enter Valid DOB
OTP sent Resend OTP
otp icon
OTP Expires in
I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.
FIND MY PLAN

Get to Know Everything About the Family Mediclaim Plans

Posted On : 19 April 2023, 1 Years Ago. Health-Insurance
Family Mediclaim Plans

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.

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?
Myself Icon Individual
Wife Icon Husband & Wife
Family Icon Family
Enter valid name
Enter Valid DOB
OTP sent Resend OTP
otp icon
OTP Expires in
I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.
FIND MY PLAN