Insurance Premium Payment by Any one member of Family Floater Policy

POSTED BY cpdhutadmal ON April 22, 2012 10:25 pm ONE COMMENT

I have been paying the premium for a family floater mediclaim policy from oriental insurance till last year. Can i change this situation by asking my wife ( member of family floater policy) to pay the premium and get the receipt in her name so that she can claim tax benefit?

One reply on this article “Insurance Premium Payment by Any one member of Family Floater Policy”

  1. Dear CPDhutmal, Yes is the answer. Please ask your insurer to do the needful. Alternatively your wife may purchase another policy herself as proposer covering all family members.

    Thanks

    Ashal

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