With healthcare inflation reaching double digits and lifestyle diseases on the rise, the big question in 2025 is: Should you choose a family floater health plan or individual coverage?
Family floater plans are still a smart choice for nuclear families. One single premium covers everyone—parents, spouse, and kids—making it affordable and easy to manage. The catch? The entire sum insured is shared among members. If one person claims a large amount, others may not have enough coverage.
In 2025, insurers are offering innovative add-ons to address this. You can now “restore” the sum insured after a claim or even double it after 2-3 claim-free years. Some policies even allow top-ups without new underwriting.
The conclusion? Family floaters are still beneficial if you are healthy and your family members do not have major health risks. However, if you have aging parents or your budget allows, consider a separate policy as well. Smart planning now can prevent major headaches later.
