Family Floater Health Insurance

With time the cost of health care is increasing by leaps and bounds. People are looking for best package that provides protection to the entire family. Family floater Health policy is a coverage where all the family members are covered under the same policy. The benefits of family floater Health can be utilized by any member of the family for the duration of the policy. However, the policy is applicable only to self, spouse and dependent children with a limit of maximum of two. Deduction under Section 80D is available as per the provisions of the Income tax Act, 1961. This deduction can be availed by an individual (resident or non resident, Indian citizen or foreign citizen) and HUF (Hindu undivided Family may be resident or non resident).