Family Health Insurance- Safeguarding your family the right way



In today's world, healthcare services are increasingly costly. Medical emergencies can strike without warning, potentially causing significant financial strain. Therefore, having a family health insurance plan is highly recommended to shield you and your loved ones from these unexpected expenses. But what exactly is a family health insurance policy, and how do you choose the right one?

This blog will guide you through the basics of a family health insurance plan and help you select the ideal coverage for your family.

Simplifying Family Health Insurance Family health insurance is an umbrella policy designed to shield you and your loved ones from unexpected medical expenses, ensuring your financial well-being is maintained.

Unlike individual health insurance, where each family member requires a separate plan, a family health insurance policy covers all members under one plan, making it both convenient and often more cost-effective.

Benefits of Family Health Insurance

  • Financial Security: Medical bills can be a significant financial burden. Family health insurance acts as a buffer, ensuring these costs don't derail your family's financial stability.

  • Comprehensive Coverage: These plans typically cover hospitalization expenses, pre and post hospitalization care, ambulance services, and even maternity benefits in some cases.

  • Convenience: Managing one plan for the entire family is far simpler than handling individual policies.

  • Affordability: Family plans often offer cost savings compared to buying individual plans for each member.

Choosing the Right Family Health Insurance Plan

Here is a list of factors that you must consider while choosing a family health insurance plan-

  • Family's medical history: Consider your family’s medical history to make sure that your preferred family health insurance plan covers the specific medical needs of your family.

  • Choose the right sum insured: When choosing the sum insured for your policy, make sure to factor in your location, size of family, lifestyle, income, medical history, and potential future medical costs to have a sufficient buffer.

  • Network Hospitals: Opt for a policy that offers a wide network of hospitals where you can get convenient cashless hospitalization facilities.

  • Affordable Premiums: Make sure you get optimal coverage that is affordable without compromising on the benefits of your policy.

  • Claim Settlement Ratio: If your insurer has a higher claim settlement ratio, it signifies the likelihood of your claims being settled smoothly.

Additional Considerations

  • Wellness Benefit: Insurers like IFFCO-Tokio offer value-added services to their customers in the form of a wellness program that helps you and your loved ones maintain a healthy lifestyle. Some of the services include health check-ups, telehealth consultations, home care, etc.

  • Customer Service: Research the insurer's reputation for customer service to ensure prompt claim processing and assistance when needed.

Taking Charge of Your Family's Health:

  • Read the Policy Wording: Go through the policy wordings thoroughly to understand inclusions, exclusions, the claim process, etc., to avoid last minute confusion.

  • Compare Quotes Online: Utilize online insurance comparison tools to get quotes from various insurers and choose the plan that fits your budget as well as your family insurance needs, like one from IFFCO-Tokio.

  • Understand deductibles: A deductible is the amount you pay from your own pocket before utilising the benefits of your insurance policy. If you choose to have a higher deductible, then you can save on the premium cost but may have to bear higher upfront medical expenses.

  • Don't be afraid to ask questions: Insurance policies and related terms can be difficult to understand . Don't hesitate to ask your insurance provider questions to ensure you understand the terms and conditions completely.



Your family's well-being is paramount. Choosing the right family health insurance plan is an essential step towards securing their future. By considering your family's medical needs, thoroughly understanding the policy details, and comparing various options, you can ensure your loved ones are protected against unforeseen medical situations. Embrace the peace of mind that comes with knowing your family is covered – choose family health insurance, the shield that safeguards your loved ones.


Disclaimer: This blog post is for informational purposes only and should not be substituted for professional financial or medical advice. To determine the best course of action for your specific situation, please consult with a qualified financial advisor and healthcare professional. We also recommend referring to the health insurance policy wording for a comprehensive understanding of the coverage offered by IFFCO-Tokio plans.

Get a Quote

Health Insurance

Invalid Field

Invalid Mobile No.

Please check Terms and Conditions.