A floater in Star Health Insurance is a single insurance policy that covers multiple members of the same family for medical expenses. A floater policy protects both individuals under one policy and premiums are paid for cover against a single sum insured. Floater policy not only offers convenience of having one policy for all the family members but also helps to save money.
Floater policy in Star Health Insurance offers coverage for medical expenses for self, spouse, children and dependent parents (or parents-in-law).
Benefits of Floater Policy from Star Health Insurance:
• Easy to manage: The floater policy is easy to manage as it offers coverage for all the family members with one policy and one premium.
• Flexible: Floater policy covers the entire family, including parents and parents-in-law. Moreover, the sum insured can be shared among the family members as per their needs.
• Cost effective: As the whole family is covered by just one floater policy, the premium is cheaper than buying individual health policies for all family members.
• Tax Benefits: Premium paid under a floater policy is eligible for tax benefits, under Section 80D of the Income Tax Act.
To know more about Floater Policy from Star Health Insurance and other health insurance policies offered by Star Health, you can visit the following link: