Health Insurance » General

ID #1202

What is the status of a Family floater health insurance policy in case of death of any member?

The Insurance is a contract for 1 year between the insured persons and the insurance company. So, in case of death of any member the policy will continue and the sum insured  will float among other members for the remaining period of the policy. There will is no refund of premium and the name will be excluded on renewal of the policy.

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Last update: 2012-01-12 13:49
Revision: 1.0

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