I’m a single parent looking for affordable health cover- Should I choose floater or individual?

As a single parent with one child, I’m trying to find the most efficient and affordable way to structure our health insurance. Most family floater plans seem tailored for two-parent households, and I don’t want to pay extra for features I won’t use. My goal is to ensure both my child and I have comprehensive protection without overspending. Should I choose an individual policy with a higher sum insured for myself and add my child separately under a multi-individual plan, or would a family floater make more sense? How can single parents balance affordability, flexibility, and long-term healthcare security effectively? Advertisement

Advice by Vineet Gupta, Head - Product Development, ManipalCigna Health Insurance

As a single parent with one child, managing both finances and future securit