What are the Types of Families? 

Families are all different and come in various forms. The different types of families help us know how people live and support each other. Whether you have children or live with an extended family, the family doesn't necessarily mean the traditional definition.

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Below are the types of families that can be found today.

Top 7 Types of Families

Learn about the different family structures that exist today, each offering a unique environment for raising children. Understanding these types can provide insight into how family dynamics shape children's experiences and relationships.

  1. Nuclear Family

    A nuclear family is characterized by two parents and their children living together. This traditional family model is common in many parts of the world. It closely resembles a family structure that includes a single parent and their children, with both parents typically sharing the responsibilities of raising their kids.

  2. Extended Family

    An extended family consists of people who are not just immediate parents and children but also grandparents, aunts, uncles, and cousins. The extended family plays a significant role in everyday life in many cultures, particularly in India. This type of family provides greater emotional and financial support, often with multiple generations living together or in close proximity, thereby strengthening familial bonds.

  3. Single-Parent Family

    A single-parent family is defined as one in which a single parent raises a child or children due to divorce, separation, or the death of a spouse. In this family structure, the parent bears both the financial and emotional responsibilities of raising their children, facing unique challenges along the way. 

  4. Blended Family

    A blended family (also called a stepfamily) is composed of two people who have children in their previous relationships and are married or living together. Step-siblings and half-siblings are included in this type of family. Since blended families are new, there has to be time for family members to learn to live together and build relationships.

  5. Childless Family

    A childless family consists of two partners who, whether by choice or circumstance, do not have children. These families often have more time to dedicate to their careers and personal growth while supporting each other. Although they may not have children, childless families play a vital role in society by engaging in various activities, such as charitable work or mentoring. Their contributions are significant and reflect their strong bond.

  6. Joint Family

    A joint family is a kind of a large family in which there are parents, children and grandchildren, and other relatives living together under one roof. Indian culture is built on joint families, which means that one has strong familial ties and the shared responsibilities. This is because children are educated by elders so that each member of the family provides financial and emotional support.

  7. Grandparent-Led Family

    Some families have grandparents who become the primary caregivers for their grandchildren. There are different reasons for this, such as parents not being able to take care of the children, financial problems, or health problems. Grandparent-led families tend to be very stable and very traditional, and if grandparents are involved, they will instil cultural values and life lessons based on their own experiences.

Wrapping Up!

Families are different, and each family is different, with strengths and with challenges. It doesn’t matter if it’s a nuclear family, an extended family, or a single-parent family; each plays its role in society. That appreciation of the diversity in family structures helps us to understand the diversity in the ways people nurture, care, and support one another.

"Regardless of your family structure - whether nuclear, single-parent, joint, or grandparent-led - term insurance acts as a crucial safety net that ensures your loved ones maintain their quality of life and family stability, preserving the unique support system you've built even after you're gone."


Premium By Age

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.



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