What is the difference between floater and non-floater policies?

Tagged: Auto Insurance, Builders Risk Insurance, Church Insurance, Floaters Insurance, Home Insurance, insurance for retail store, Jewelry Insurance, Renters Insurance, Small Business Insurance, Term Life Insurance

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12 September 2022 at 7:40 pm #1346

Sarah Jason
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An individual policy means that each person has their own insurance with specific coverage. In contrast, the limit in a family Floaters Insurance can be used by any member. If you purchase a Rs 4 lakh family floater, any member can use the entire maximum.
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