Oriental Insurance Company’s Happy Family Floater is a comprehensive medical cover for your family. It covers a maximum your family members under a single policy for a single sum insured. The plan is available in two variants – Silver Plan and Gold Plan.
This mediclaim covers hospitalization expenses including hospital room charges, boarding expenses, nursing expenses, surgeon/anesthetists/medical practitioner/consultant/specialist fees, anesthesia, blood, oxygen, operation theatre charges, ICU charges, surgical appliances, cost of medicines and drugs, diagnostic materials, x-ray, dialysis, chemotherapy, radiotherapy, pacemaker, artificial limbs, organ donors expenses, ambulance charges, etc. It also covers domiciliary hospitalization expenses. A daily hospitalization cash allowance is provided under the Gold Plan. Pre-existing diseases are covered from the fourth consecutive policy renewal.
Additional personal accident cover is available on payment of Rs.60/- per Lakh of sum insured per person. For Gold Plan, the life time benefit of “Life hardship survival benefit is available on payment of Rs.35/- to Rs.100/- per Lakh per person.
The entry age is between 21 years and 55 years. The policy can be renewed up to the proposer’s age of 65 years and there is no limit for family members. Family means proposer, spouse, dependent and children up to the age of 25 years. The cover is available or minimum of 2 members and maximum of 6 members. The sum insured ranges are Rs.1Lakh to Rs.10Lakh. The premium rates depends upon the family size under this policy. Pre-medical examination is a necessary for individual above the age of 60 years.
The policy provides cashless hospitalization service in over more than 5000 network hospitals across India. Premium paid is eligible for tax benefit under section 80D of the Income Tax Act,1961.