Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and insurance in one premium.
Kotak Lifetime Income Plan
Retirement years are the golden years of life.
Our representative will get in touch with you at the earliest.
Ref. No. KLI/22-23/E-BB/492
Family health plans provide coverage for you, your spouse, kids, grandparents, regardless of their age. There are many reasons why you should buy a family floater policy visit to know more.
Health Insurance is a type of plan that specifically looks into the medical and surgical expenses of the insured person. These expenses generally cover hospitalisation costs, doctors’ consultation fees, and the cost of medicinal drugs. Depending on the terms and conditions of the chosen plan, the policyholders either pay the bills themselves, which are subject to subsequent reimbursement, or the insurance company settles the payment directly. Additionally, policyholders can add a critical illness rider to their plan that covers particular life-threatening diseases, requiring long-term treatments. The payout here is made on the diagnosis of the illness and does not require original bills.
There are health insurance plans in place that provide medical insurance for families, and you will also see options for medical insurance for parents. A medical insurance policy for a family is a scheme that covers your family members under a single premium policy. The sum assured here is generally fixed and provides full cover for your family members.
This is probably one of the best advantages of buying Health Insurance. Family health plans provide coverage for you, your spouse, kids, grandparents, etc. - regardless of their age. There are many reasons why you should buy a family floater policy -
- Add New Members
In these policies, you have the flexibility of adding other dependents with much ease. The one thing you need to ensure is the cover amount - it should be a figure that covers all possibilities for everybody.
- Affordability
Medical insurance for family members comes at affordable premiums. Although, everything depends on the tenure and sum assured you choose.
- One Plan for many
One singular thing that stands out in these plans is that your spouse, your parents,your in-laws can all be covered under one single plan. You need not get separate plans based on your relationship.
-Additional Benefits
You have the option of adding additional benefits or rider benefits such as critical illness, newborn cover, maternity cover, etc. There are additional
clauses for the same, so it is advisable to go through them before adding any of these to your plan.
- Tax Benefits
If you are paying health insurance premiums for your family and yourself, then as per section 80D of the IT Act, you are eligible for tax benefits.
When you are choosing an ideal plan, there are certain things you need to consider so as to get the most out of it -
We do not know what life has in store for us. The best thing to do in such situations is to stay prepared for the unpredictable and protect yourself and your loved ones. What better solution than a medical cover that looks after all of you? Buy health insurance today!
Ref. No. KLI/22-23/E-BB/2435
