What is Family Insurance?

Simply put, health insurance is protection against medical costs. A family insurance policy is a contract between an insurer and a family, in which the insurer agrees to provide specified health insurance at an agreed-upon price (the premium). Depending on your policy, your premium may be payable either in a lump sum or in installments. Health insurance usually provides either direct payment or reimbursement for expenses associated with illnesses and injuries. The cost and range of protection provided by your health insurance will depend on your insurance provider and the particular policy you purchase. If your employer does not offer a health insurance plan, you may wish to purchase health insurance on your own. Fill out the form below to get a free quote.  more

Family insurance is one of a few different options most insurance companies offer through their healthcare insurance packages. As opposed to single coverage or additional coverage of a dependent spouse or child only, family insurance covers all eligible dependent children as well as you and a spouse. Premiums for family insurance are considerably higher than single coverage, but normally cost the same amount whether the policy holder has one child or three. A family insurance plan is structured differently than single coverage. The deductible that applies to family insurance is higher than individual insurance, but there should be a maximum deductible per family each calendar year. Family insurance usually offers coverage for prenatal care, well-child care, and routine annual physicals for children up to at least age 16. Under most insurance plans, a dependent child becomes ineligible for coverage at 18 years of age, but there may be exceptions and extended benefits allowed. In the ...  more