Insurance Inbox

Health Insurance

What happens if the primary insured person of the family floater policy expires?

What you need to know ?

First the family should fill up change of request form provided by the insurer. If the primary insured is the eldest member in the family, then for the succeeding years after the death of primary insured the premium would be calculated on the basis of the next eldest member's age.Please note that in case there were only two members covered under the policy then the family floater plan would be converted to an individual plan.

Related Questions

    What is the difference between a family floater and critical illness or hospital cash insurance?Is maternity covered in Health Insurance Policies?What all documents do I need to furnish to get a Health insurance policy?What do you mean by Cashless Hospitalization?

    Recent articles