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For a family floater covering a 62-year-old male (diabetic & hypertensive), a 54-year-old female (diabetic), and a 14‑year-old child, here are key considerations and a sample premium estimate from Tata AIG:
✅ Suggested Sum Insured
Given the ages and health conditions, it's wise to choose a higher sum insured to ensure coverage for potential hospitalizations, medication, and chronic condition management:
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Recommended range: ₹10 lakh to ₹25 lakh
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Many senior citizens opt for ₹15–20 lakh to cover major procedures, pre- and post-hospitalization, and chronic illness management Axis Bank+15TATA AIG+15PolicyX+15
📋 Tata AIG Policy Options
Tata AIG should suit these needs:
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MediCare Premier: sums from ₹5 lakh up to ₹3 crore; includes OPD, home care, global cover, ambulance, and higher diagnostics coverage TATA AIG
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Family Floater Plans: customizable, group coverage under one sum insured TATA AIG+1TATA AIG+1
💰 Estimated Premium for ₹15 Lakh Sum Insured
While exact premiums vary by location, age, and add-ons, a rough estimate:
From Ditto (for a 35 + 30 couple with two children, ₹5 lakh sum insured):
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MediCare Premier: ~₹24,351/year
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MediCare: ~₹21,599/year Policybazaar+9joinditto.in+9TATA AIG+9
Adjusting for higher sum and older, less healthy lives, multiply by roughly 2.5–3× per person:
Sum Insured | Estimated Annual Premium |
---|---|
₹10 lakh | ₹35,000 – ₹50,000 |
₹15 lakh | ₹50,000 – ₹75,000 |
₹20 lakh | ₹65,000 – ₹1,00,000 |
These include key riders (OPD, diagnostics), and may increase further if adding Global Cover or critical illness rider.
📲 Next Steps – Tata AIG Quote
To get a customized premium, follow these steps:
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Visit Tata AIG’s Health Insurance Premium Calculator.
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Select Family Floater, enter ages and known health conditions.
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Choose ₹15 lakh (or more) sum insured.
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View personalized premium, add riders like Global Cover, OPD, or air ambulance.
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Click Get Plan and complete required details (DOB, pincode) to view exact quotes Policybazaar+3TATA AIG+3TATA AIG+3PolicyXPolicybazaar+13Policybazaar+13TATA AIG+13TATA AIG.
✅ Summary
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Ideal sum insured: ₹15–20 lakh floater for this family’s age and health profile.
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Estimated premium: ₹50,000–₹75,000/year (may vary by location and coverage riders).
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Use the online calculator for an accurate, tailored quote from Tata AIG.
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