POSTED BY January 5, 2012 10:47 pm COMMENTS (4)ON
My age is 21. and my mother s age is 45. I am actually planning to take one medical insurance for my mom. I am generally thinking of taking with PSU. I asked for the individual policy for my mom but my broker is telling me to take a oriental family floater with my name as proposer for 3lakhs.
Reasons given by broker for suggesting family floater :
1. No medical test for my mom since am the proposer(In individual policy for mom if they find any diseases then premium will be higher)
2. Mostly I will not fell ill as i am in younger age and I can use this insured amount fully for my mom.
Is the above reason valid one for buying family floater?
Is there any other advantage in family floater?
I am not very keen in taking health insurance for me as I am young. if there is any advantage (family floater) i will take . why brokers are interested in selling family floater?
policy for 3 lakhs family floater – 4754(approx)
policy for individual 3 lakhs —————-4541(approxi)
Pls help me to take a decision.