Family Floater vs Individual Health Insurance Calculator
Compare quoted premiums and available cover for one shared family floater versus separate individual policies.
How this estimate works
A floater has one shared pool that any covered member may use, while individual cover is ring-fenced per person. Aggregate cover is not the same as cover available to one person.
Check your inputs & compare scenarios
Replace the examples with your current figures. Keep the currency and time period consistent with each field. Save one scenario, then change an amount or rate to compare the effect. Reopened scenarios calculate with current rules; your original result stays in history.
Report a calculation issue with this page URL and non-sensitive example inputs.
Questions & answers
Frequently asked questions
When may individual policies be more suitable than a floater? +
Separate cover may deserve closer consideration when ages and health risks differ significantly or when one member could use a large portion of a shared floater. Compare actual terms and quotes.
Which policy documents should I check? +
Use the policy schedule, Customer Information Sheet, benefit illustration and insurer quotation. Enter the exact cover, premium, factor, sub-limit or charge shown for your policy.
Does this replace an insurer quotation or professional advice? +
No. It is a planning estimate. Underwriting, medical history, exclusions, waiting periods, tax treatment and product-specific terms can change the final premium, benefit or claim.