Insurance for Families with Children: Health, Term, Accident and Critical Illness

Meet Arun and Kavya and their two school-going children. Health insurance helps with covered hospital bills. Term insurance can support the family after a covered death; personal accident cover may pay an amount based on a covered permanent disability; critical illness cover may pay a lump sum for a listed illness meeting its definitions. Check protection for both parents, including the value of care at home. Review your children's ages, loans, savings and existing policies, then compare suitable options within your budget. Benefits, eligibility and payment depend on policy terms.