Question

In case of family floater health insurance, what happens if the primary insured person dies? Can the policy be renewed by any of the surviving members of the policy?

Answer 1

If a prosper dies, the family must notify the insurance company about the same since the proposer must be replaced in the policy. In this case, a new form has to be filled out with a new proposer. The insurer replaces the proposer and continues the insurance policy for the rest of the other members.