The correct answer is C. Family floater policy covers self, spouse, parents and dependants.
A family floater policy is a type of life insurance policy that covers the lives of multiple people, such as a husband and wife, their children, and other dependents. The policy typically has a single death benefit, which is paid out if any of the covered people die. The premium for a family floater policy is typically lower than the sum of the premiums for individual life insurance policies for each of the covered people.
Option A is incorrect because family floater policies do cover parents. In fact, parents are often the first people to be covered by a family floater policy.
Option B is incorrect because family floater policies can cover more than just the self and spouse. They can also cover parents and dependents.
Option D is incorrect because uncle and aunt are not typically considered dependents. Therefore, they would not be covered by a family floater policy.