My son is admitted to a hospital for a heart problem. My husband’s medical policy provided by his company is covering part of the expenses. Will our family floater policy cover the remaining expenses? Can two policies be used together for a single expenditure?Both the medical policies can be used simultaneously for the same incident of disease. In fact, under the terms of all insurance policies, you are obliged to disclose the details of all the policies operative on the day of hospitalisation.
All mediclaim policies pay the insured in the proportion of the sum insured under respective policies. You can file the claim under any of the policies mentioning the particulars and the sum insured under the other policy. The insurers will automatically share the claim amount between them.
