While choosing a family floater plan, it is important to make a list of basic health coverage offered under the policy. It should be covering the in-hospitalization charges, day care expenses, etc. If there is a planning of baby in near future, then you should be selecting a policy that provides new baby beneficiaries to the existing family floater plan. Another thing to keep in mind is the existing disease.

Another common occurrence nowadays is that the policy covers a certain number of hospitals and the person is forced to go to one of those hospitals so as to have a claim. The issue here is that many times the hospital is far away from his home and he needs to go there to get his problem solved.

With the increasing living costs, medical costs are also going to increase with time. Therefore, a policy that offers the facility to upgrade the sum insured in coming future should be given priority. In case of No claim Bonus, the insurance company may reward you by increasing the amount of insurance money. Along with this the insurance company should provide hassle free claim statement.