Best Family Floater plan from PSU Company ?

POSTED BY Kuldeep Singh Rathod ON December 15, 2011 12:15 pm COMMENTS (12)

Hi Manish,
Can you Suggest Best Family Floater plan from PSU Company
or Comparative chart only for PSU Insurance Company only.
I shortlisted Oriental Ins Family Floater plan so please advise me if you have other good PSU floater plan
Regards,
Kuldeep

12 replies on this article “Best Family Floater plan from PSU Company ?”

  1. Dear Kuldeep, Yes in case of a claim, company may load up your prem. anywhere from 50% to 300% or even more at the time of renewal.

    Thanks

    Ashal

  2. Kuldeep Singh Rathod says:

    Can Company can increase premium basis of claim ?

  3. Dear Kuldeep, please don’t go for any verbal assurances given to you by any person. Please read the fine print yourself. If it’s mentioned in the policy docs that the cover ‘ll continue even after the death of the original proposer, then only think to go for family floater.

    Thanks

    Ashal

  4. Kuldeep Singh Rathod says:

    I spoke to Oriental Ins BM they said company will cover Remaining Family after original proposer death .

  5. Dear Kuldeep, as the age of your son is just 6Y, in my view PAP for him is not useful. You may reduce your prem. for his cover. Opt PAP for you & your wife only in the combo.

    Thanks

    Ashal

  6. Kuldeep Singh Rathod says:

    My Son Age is Six Year ……..

  7. Dear Kuldeep, May I know the age of the son. If he is a minor, PAP for him looks useless to me. Yes for both of you PAP is definitely a must. So in that sense the combo looks better.

    Thanks

    Ashal

  8. Kuldeep Singh Rathod says:

    Thanks …..
    Could you guide me Which one better for my family (me,wife,son)
    oriental Family Floater SI 8 Lac+Personal Accident Ins (8Lac+8Lac+4Lac) premium 15700
    OR
    oriental Individual Health Insurance of (5Lac+5lac+5Lac) & premium 16500

  9. Dear Kuldeep, please feel free to ask your queries here in this forum. All of us ‘ll be happy to help you out.

    Thanks

    Ashal

  10. Kuldeep Singh Rathod says:

    Thank you ……. Codered & Ashal Ji

  11. Dear Kuldeep, Please go ahead with the selected policy. Just FYI – In case after few years the original proposer is no more, the policy ‘ll stop covering once the last prem. paid term is over & the family w’d have to go for a fresh cover. No carry over benefits of the original policy ‘ll be available to new policy under the new proposer (spouse of the original policy holder).

    Thanks

    Ashal

  12. CodeRed says:

    Dear Kuldeep, the oriental family floater plan which you have shortlisted is one of the best family floater plan. I think you should go for it.

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