1 Cr health insurance, or a 1 crore health insurance policy, is a policy that provides 1 crore (10 million) rupees in coverage for medical expenses incurred due to illnesses or injuries. It is also often referred to as a Family Floater Insurance Policy and provides complete coverage to all family members (i.e, parents, children, and spouse).
Typically, under this type of policy, all members of the family are entitled to financial benefits in the event of any medical emergency, including but not limited to hospitalization, consultations, diagnostic tests, surgeries and treatments. The sum insured provides financial security and peace of mind to the policyholder, ensuring that all medical bills are covered.
1 Cr Health Insurance Policies typically have provisions to cover pre & post hospitalization expenses, day care treatments, healthcare checkups & laboratory tests, ambulance charges, and various other medical expenses. They also often provide coverage for certain lifestyle diseases such as diabetes, heart diseases, and cancer, provided they are diagnosed within the policy period.
A 1 Cr Health Insurance Policy is a great choice for large families, as it provides comprehensive coverage for all members, and is more affordable when compared to individual policies for each person.
For more information, you can visit the following link: https://www.religarehealthinsurance.com/health-insurance/family-floater-1-cr-plan