Work out family health cover requirement instantly with clear inputs, formula shown and shareable results.
Health cover should reflect local treatment costs and family size, since a floater policy is shared across members. Metropolitan hospitals cost substantially more, which is why the same family needs a larger sum insured in a large city.
Cover requirement
Recommended = typical cost × city factor × [1 + 0.35 × (members - 1)]
Figures are estimates for planning only. Prices, returns, inflation and personal circumstances all change. This is not financial or tax advice — speak to a qualified adviser before making decisions.
It is efficient until two members claim in the same year, which is why a top-up policy is often added.
Room rent and procedure costs at metropolitan hospitals can be half again as much as in smaller cities.