The document compares individual and family floater health insurance coverage options from New India Assurance Co Ltd. Under individual coverage, each family member is covered separately with a sum insured of Rs. 5 Lakh each. The total premium is Rs. 88,581. Under the family floater option, the family shares a single sum insured of Rs. 5 Lakh with premium discounts of 5%, 10%, or 15% based on family size. For a family of 4 or more, the total premium is Rs. 75,294.
The document compares individual and family floater health insurance coverage options from New India Assurance Co Ltd. Under individual coverage, each family member is covered separately with a sum insured of Rs. 5 Lakh each. The total premium is Rs. 88,581. Under the family floater option, the family shares a single sum insured of Rs. 5 Lakh with premium discounts of 5%, 10%, or 15% based on family size. For a family of 4 or more, the total premium is Rs. 75,294.
The document compares individual and family floater health insurance coverage options from New India Assurance Co Ltd. Under individual coverage, each family member is covered separately with a sum insured of Rs. 5 Lakh each. The total premium is Rs. 88,581. Under the family floater option, the family shares a single sum insured of Rs. 5 Lakh with premium discounts of 5%, 10%, or 15% based on family size. For a family of 4 or more, the total premium is Rs. 75,294.
Arogya Sanjeevani Policy, New India Assurance Co Ltd
Coverage opted on family floater basis with overall Sum Insured
Age of the Coverage opted on Individual Basis covering Coverage opted on Individual Basis covering each member under a single (Only one Sum Insured is available for the entire family) members each member of the family separately policy (Sum Insured is available for each member of the family) Floater Discount is based on the No of Persons covered under the policy (For 2 members 5%, 3 member 10% and for 4 members & above 15%)
Premium after Premium after
Premium Sum Insured Premium Discount Sum Insured Premium Floater Discount Sum Insured Discount Discount 34 6665 5L 6665 No Discount 6665 5L 6665 15% 5665 38 7000 5L 7000 No Discount 7000 5L 7000 15% 5950 48 12032 5L 12032 No Discount 12032 5L 12032 15% 10227 5L 54 15623 5L 15623 No Discount 15623 5L 15623 15% 13280 58 20271 5L 20271 No Discount 20271 5L 20271 15% 17230 64 26990 5L 26990 No Discount 26990 5L 26990 15% 22942 Total Premium for all members of the family is Rs. Total Premium for all members of the family is Rs. 88,581/- (Excluding Total Premium when policy is opted on Floater basis is Rs. 75,294/- (Excluding 88,581/- (Excluding GST) When each member is covered GST)When they are covered under a single policy GST) separately. Sum Insured available for each family member is Rs. 5 L Sum Insured of Rs. 5 L is available for the entire family. Sum Insured available for each Individual is Rs. 5 L