Provides coverage for a single person. The benefits, such as hospitalization, treatment, and other medical expenses, are specific to the individual insured under the policy.

Covers multiple family members under a single plan. The sum insured is shared among all covered family members, offering protection for spouses, children, and sometimes parents.

The premium is generally lower since it covers just one person. The cost is determined by factors like age, health condition, and coverage needs of the individual.

The premium is higher as it offers coverage to multiple individuals. However, family plans are often more cost-effective than buying individual policies for each family member.

The sum insured is solely for the individual, ensuring that the full amount can be used if needed. There's no sharing of benefits..

The sum insured is shared among all covered family members, which means if one member uses a large portion, the remaining amount may be lower for others.

Provides flexibility in choosing specific coverage based on the individual’s health requirements. Each policy is renewed independently.

Offers a more streamlined renewal process since one policy covers multiple members. However, as the age of the oldest member increases, the premium for the entire family may rise.