| Login | Sign Up
New Contributor
venkateshR
Posts: 3
Registered: ‎02-08-2016

Covering of extended family members and children

If I want to cover more than 2 children and my extended family members. What should I do?

1 ACCEPTED SOLUTION

Accepted Solutions
Contributor
Juned Shaikh
Posts: 23
Registered: ‎12-09-2017
Solution

Re: Covering of extended family members and children

Different Insurance Companies have limitations on the number of members covered.

 

There are various Scenario :

1. If the policy offers coverage for  2 Adult + 2 Children or 2 Adult + 3 Children etc 

 

Now if a couple have 3 Children and there is a limitation of covering maximum 2 Children in a health policy then the parents opts for two Family Floater Policies wherein one policy will cover one parent + two depended children and another policy will cover other parent + the third child. 

 

2. An adult can cover his/her parents with himself. (the senior citizen who is insured can avail up to Rs. 20,000 as tax exemption under the section ‘80 D’ is a cherry on the cake)

 

3. There are few Insurance Companies who covers Parent In Law as well. 

 

And Many many more. 

View solution in original post

2 REPLIES 2
Occasional Contributor
PJyoti
Posts: 17
Registered: ‎30-05-2017

Re: Covering of extended family members and children

You will have to take new Health policy for them.

Your extended family cant be covered with you. 

Contributor
Juned Shaikh
Posts: 23
Registered: ‎12-09-2017
Solution

Re: Covering of extended family members and children

Different Insurance Companies have limitations on the number of members covered.

 

There are various Scenario :

1. If the policy offers coverage for  2 Adult + 2 Children or 2 Adult + 3 Children etc 

 

Now if a couple have 3 Children and there is a limitation of covering maximum 2 Children in a health policy then the parents opts for two Family Floater Policies wherein one policy will cover one parent + two depended children and another policy will cover other parent + the third child. 

 

2. An adult can cover his/her parents with himself. (the senior citizen who is insured can avail up to Rs. 20,000 as tax exemption under the section ‘80 D’ is a cherry on the cake)

 

3. There are few Insurance Companies who covers Parent In Law as well. 

 

And Many many more. 

View solution in original post