Happy Family Floater Policy

POSTED BY Anirban Ghosh ON June 7, 2011 4:02 pm COMMENTS (8)


I’ve very recently discovered this site/forum and finding it to be very helpful.

I’m 30 and would like to take a Mediclaim policy covering me and my dependent parents. I’ve zeroed on to Oriental’s Happy Family Floater Policy, but have got a few additional questions.

1. Does this policy provide cashless benefit or only reimbursements?

2. Is there any age limit for inclusion of dependent parents? Although the prospectus doesn’t mention any but the Premium Calculator on Oriental’s site does not allow parents aged above 60y to be included.

3. Is the renewal tenure limited only to the age of the principal member? Or does it involve dependents’ ages also?

4. What happens to the policy if the principal member dies?

5. From where to find the list of network hospitals (across India) that this policy covers?

6. If I now opt for the Silver plan then will it be possible later to migrate to the Gold plan?

7. The prospectus does not provide details about covering of pre-existing diseases or waiting periods with respect to specific diseases. How to find out more about these?


I tried calling up the Toll-Free number mentioned on Oriental’s site but that didn’t help. So hoping someone on this forum will help me out.



8 replies on this article “Happy Family Floater Policy”

  1. jayripal says:

    can anyone please explain on how long the policy can be renewal ?
    As on oriental site its mentioned that till the proposer reach 65 years old. while on other site it mentioned that is for lifelong

  2. healthinsuranceshoppe says:

    Its alwasy recommended to have an individual policy for the parents..as risk is very high in future and inflation will keep depreciating the real value of Sum Insured

  3. Jagadees says:

    you can also see this medimanage link to read a review about this policy – http://www.medimanage.com/my-health-insurance/more-articles/oriental-happy-family-floater-for-the-happy-family.aspx


  4. Jagadees says:

    you can also this medimanage link to know more about the policy and its review – http://www.medimanage.com/my-health-insurance/more-articles/oriental-happy-family-floater-for-the-happy-family.aspx


  5. Anirban Ghosh says:


    Thanks for the link. It had the Policy Wordings document that helped in clarifying some of the points. I also came across http://j.mp/j1N8k2 which explained some more.


    1. Anirban

      Thanks for that link , its a good one 🙂


  6. Anirban Ghosh says:


    Thanks for the link. It had the Policy Wordings document which helped clarify some of points. I also came across http://www.insurancepandit.com/health/healthplanbenefit.php?plan=2009&age=30 which explains some more.


  7. Anirbam

    your questions requires one to be aware of all the policy rules which is tough ,. What findings have you dont from your side ?

    See this link , it has most of the info : http://www.healthinsuranceindia.org/oriental_ins_com_family_policy_prospectus_1.asp


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