Family Health Insurance
- 1
- 2
- 3
Family health insurance is crucial for protecting your loved ones' well-being, as it covers unexpected medical costs and provides access to quality healthcare.
With dynamic lifestyles and increasing health risks, a good family health insurance plan is essential, that helps you cover expenses for parents, spouse, and children all through a single policy, ensuring not only financial security but also peace of mind.
Highlights of Health Insurance
Plans for Family
Most Popular Family Health Insurance Plans
Star Comprehensive
Health Returns TM
Stay active and get up to 30% of your premium as HealthReturnsTM
Expert Health Coach
For guidance on medical, nutritional, fitness, mental counselling session, homeopathy teleconsultation
ReAssure 2.0 Bronze+ (Direct)
Assisted Reproductive
Pays for medically necessary expenses incurred towards Assisted Reproductive Treatment, where indicated for sub-fertility
Unlimited E-Consultation
Offers unlimited e-consultations with qualified General Physicians at our network during the Policy Year through any mode of communication
ReAssure 2.0 Platinum +
Booster+
5x Unutilised Base Sum Insured carries forward to the next policy year, maximum up to 5 times of Base Sum Insured
Unlimited E-Consultation
Offers unlimited e-consultations with qualified General Physicians at our network during the Policy Year through any mode of communication
Star Comprehensive
Health Returns TM
Stay active and get up to 30% of your premium as HealthReturnsTM
Expert Health Coach
For guidance on medical, nutritional, fitness, mental counselling session, homeopathy teleconsultation
ReAssure 2.0 Bronze+ (Direct)
Assisted Reproductive
Pays for medically necessary expenses incurred towards Assisted Reproductive Treatment, where indicated for sub-fertility
Unlimited E-Consultation
Offers unlimited e-consultations with qualified General Physicians at our network during the Policy Year through any mode of communication
ReAssure 2.0 Platinum +
Booster+
5x Unutilised Base Sum Insured carries forward to the next policy year, maximum up to 5 times of Base Sum Insured
Unlimited E-Consultation
Offers unlimited e-consultations with qualified General Physicians at our network during the Policy Year through any mode of communication
Star Comprehensive
Health Returns TM
Stay active and get up to 30% of your premium as HealthReturnsTM
Expert Health Coach
For guidance on medical, nutritional, fitness, mental counselling session, homeopathy teleconsultation
ReAssure 2.0 Bronze+ (Direct)
Assisted Reproductive
Pays for medically necessary expenses incurred towards Assisted Reproductive Treatment, where indicated for sub-fertility
Unlimited E-Consultation
Offers unlimited e-consultations with qualified General Physicians at our network during the Policy Year through any mode of communication
ReAssure 2.0 Platinum +
Booster+
5x Unutilised Base Sum Insured carries forward to the next policy year, maximum up to 5 times of Base Sum Insured
Unlimited E-Consultation
Offers unlimited e-consultations with qualified General Physicians at our network during the Policy Year through any mode of communication
Sahi Advice,
Sahi Insurance
Confused about which is the most appropriate plan that suits your needs as per your life stage? Don’t worry! Our IRDAI certified advisors will guide you at every step.
Advice that comes with Experience.
Paybima is the digital arm of Mahindra Insurance Brokers Ltd
20+ years
Experience
700+
Strong Team
Certified
Advisors
Health Insurance Plans for Family
Everything You Need To Know
The Basics of Health Insurance Plans for Family
Key Benefits of Health Insurance Plans for Family
Other Key Features of Health Insurance Plans for Family
Fundamentals of Buying Health Insurance Plans for Family
How to Select the Best Health Insurance Plans for Family
Factors Affecting Premium for Health Insurance Plans for Family
The Steps for Buying Health Insurance Plans for Family
How to Buy Health Insurance Plans for Family on Mahindra Paybima
How to Compare Health Insurance Plans for Family – Factors
Benefits of Buying and Comparing Health Insurance Plans for Family
Key Benefits of Health Insurance Plans for Family
In addition to medical expense coverage, a health insurance policy can help you and your family in many other ways. Here are some key benefits:
Total cover with a single premium
One premium covers your entire family.
Stress-free hospitalisation
Cashless treatment in a network hospital.
Flexibility
You may add new members to your plan, based on the policy’s terms and conditions.
Tax benefits
On the premium of your plan under section 80D of the Income Tax Act.
Affordable
Coverage for family members and parents under the same plan at one affordable premium.
Discounts
Available on premiums for adding more members.
Simple Steps and Assistance for Buying an Family Health Insurance Plan
At Paybima, buying an insurance plan is easy and you can opt for an advisor’s help anytime.
Easy-to-follow Steps
Plans for Free
Advisors Anytime
No Force Selling
Other Key Features of Health Insurance Plans for Family
Cashless treatment
Access this option at network hospitals for emergencies and non-emergencies.
Maternity cover
Some plans include maternity benefits covering delivery, C-section, missed abortion, and related expenses.
Fertility treatments
Some plans provide coverage for fertility treatments.
Accident cover
Add-on options include accident cover, with premium waivers for permanent or temporary disability caused by accidents.
Critical illnesses
Some plans provide allowances for critical illnesses upon initial diagnosis.
Health Insurance Policy for Coronavirus (COVID-19)
When you buy Senior Citizen health insurance, it may also cover the costs incurred in the treatment of Covid-19 if the insured person is diagnosed positive for the virus. The plan will cover your hospitalisation expenses if you are admitted because of coronavirus.
Protection with zero added costs
Home treatment is covered if the doctor recommends it
Cashless treatment and add-ons are available
Costs of PPE kits, gloves, and ventilators are covered in case it is mentioned in the terms and conditions of the policy
Health Insurance Plans for Family – Inclusions
What is covered under health insurance plans for family
In-patient hospitalisation
Covers hospital stays of 24 hours or longer, including room, doctor, boarding, nursing, and more for all insured members.
Daycare treatment
Plans that cover treatments and procedures under 24 hours.
Ambulance charges
Plans that cover patient transportation up to a specified limit.
Coverage of pre- and post-hospitalisation expenses
Plans that cover diagnosis, care, therapy and much more.
Maternity cover
Plans that cover childbirth and postnatal care for mother and baby.
Organ donor
Plans that cover organ transplant and donation expenses.
Alternative medical treatment
Plans that cover other treatments such as Unani, Homoeopathy, or Ayurveda.
Domiciliary hospitalisation
Plans that cover doctor-prescribed home treatment when medical facilities are limited during emergencies or epidemics.
Daily cash allowance
Plans that cover daily incidental hospital expenses.
Mental illness cover
Plans that cover mental illnesses like depression, anxiety, and schizophrenia.
Need a Policy with Maternity Cover?
Some health insurance plans for family give maternity coverage, including expenses for delivery, c-section and more.
View PlansHealth Insurance Plans for Family – Exclusions
What is not covered under health insurance plans for family
Substance abuse
Plans that don’t include treatment for drug/alcohol or any other intoxicant abuse.
Cosmetic surgery
Plans that do not cover costs for cosmetic procedures.
HIV/AIDS
Plans that do not cover treatment costs for HIV/AIDS.
OPD
Plans that do not cover outpatient department costs and regular health check-ups.
Life support
Most plans do not cover expenses incurred on buying life support machines.
Overseas treatment
Plans that do not cover expenses incurred outside India.
Injury caused by criminal activity
Most plans do not cover injuries caused due to willful involvement in criminal activities.
Pre-existing illnesses
Plans that cover existing medical conditions only after waiting period completion.
How to Select the Best Health Insurance Plan for Family
Choosing the best health insurance plan for family is an important decision on which the welfare of your family depends. With the rising cost of medical expenses, the best health insurance for family will ease your mind about any future health conditions.
Here are a few factors you need to consider before selecting the best health insurance policy for your family.
Proper coverage
Ensure the family health insurance covers a wide range of medical conditions.
Type of plan
Choose a plan that offers maximum protection and benefits.
Budget-friendly
Select a plan that fits your budget; add-ons can be added later if needed.
Maximum renewal age
Look for plans with lifetime renewability or renewal until a specific age, like 60-65 years.
Hospital network for cashless treatment
Check the insurer's network of hospitals for cashless treatment.
Claim settlement ratio
Verify the insurer's claim settlement ratio, indicating how many claims they settle compared to total claims received.
Sum insured
Confirm the coverage amount; consider options like sum insured enhancement with no-claim bonus benefits.
Waiting period for existing diseases
Check waiting periods for pre-existing conditions, especially if immediate treatment may be needed.
Add-on benefits
Explore available add-on benefits before choosing a plan.
Sub-limits
Understand disease-specific or room-rent sub-limits in the policy.
Medical examination
Pre-screening is usually optional, but some insurers may require a test.
Choose the Health Cover As Per Your Need
Factors Affecting Premium for Health Insurance Plans for Family
When an insurance provider calculates their premium, many factors are taken into consideration, including family size, age, pre-existing diseases, location, and more.
Family size
Premium increases based on the number of dependents.
Health history
Healthy individuals pay less than those with health issues.
Policy duration
Long-term policies have lower premiums.
Payment frequency
Annual payments often get discounts as compared to monthly payments.
Avoid harmful habits
Smoking, drinking, and chewing tobacco can raise premiums.
Location
Premiums vary based on the geographic location – metro, tier 1 or 2 or climate, and other medical and healthcare facilities.
High BMI
Premiums are higher for members with higher BMI due to increased complications risk.
Starting plan for family of three
₹1,550/ month *
*The starting price is Indicative and may vary. Pricing and eligibility depends on the profile. Standard T&C apply.
How to Buy Health Insurance Plans for Family on Mahindra Paybima
Buying a health insurance plan for family is very simple. You can follow these steps to buy a health insurance policy online at Paybima.
Share personal details
Provide personal and health information to begin the policy procedure.
Browse plans
Analyse the plans, compare quotes, features, network hospitals, waiting period and other details.
Compare shortlisted policies
After shortlisting 2-3 policies as per your requirements, review them together by clicking the ‘compare product’ box.
Add riders
Select the appropriate riders or add-ons for extra cover.
Complete proposal form
Enter required details for e-KYC.
Make payment
Pay online using credit/debit cards, UPI, wallets, or net banking.
Document upload
Upload the required documents.
Get the policy
Post insurer’s approval, the policy is sent on the registered email id.
How To Compare Health Insurance Plans for Family – Factors
Here are some of the factors you should consider while comparing health insurance policies.
Premium vs. Coverage and Benefits
Network Hospitals
Pre-existing Diseases Coverage
Waiting Period
Cost-sharing Features (co-payment, deductibles)
Discounts, Benefits, Reward Points and Bonuses
Claim Settlement Ratio
Insurer's Reputation & Financial Strength
Start Early for a Lower Premium
*The starting price is Indicative and may vary. Pricing and eligibility depends on the profile. Standard T&C apply.
Benefits of Buying and Comparing Health Insurance Plans for Family
It is important to compare the best health insurance plans in India for your family, and here are some of the reasons why:
Get the best rate as per your requirements
Clearly understand the policy features and benefits
Maximize coverage amount
Avail wellness and discount opportunities
Guaranteed Claim Support
When you buy an Family health plan from us, we guide at every step till your claim is settled.
Start your claim process with us to get our support
Do You Have any Insurance Related Concerns?
Our IRDAI Certified insurance advisor is a click away.
Get in Touch with an AdvisorBuy from India’s Top Insurers
Buy from India’s Top Insurers
Ask Anything as We Have Answers to Everything in Insurance
We recommend coverage of ₹10 lakhs per insured member, which means coverage of ₹40 lakhs for a family of four. However, with a slightly extra amount, one can go for ₹1 crore coverage, which gives complete peace of mind.
In a single policy, a maximum of 2 adults and 4 children can be added. For any more members, another policy is needed.
Yes, almost all insurers allow adding a spouse in case of marriage or a child born during the policy period.
Yes, a a child can be added to the policy. Few insurers allow child addition from Day 1 of the birth, while others allow addition after 90 days of birth.
Yes, all the above can be included in one health insurance policy. In-laws can also be included in place of parents. However, considering the age of parents and their pre-existing health conditions, they should take one policy for them and a separate one for themselves, spouse, and children to get the best premium options.
