How to select best health insurance for parents in India?

Abhijith Vijay, Health Insurance Expert (Seniors & Special Cases)

Answered on September 08,2022

While choosing Insurance for Parents, make sure to ;

choose a plan without Co-payment, Sub-limits, or Room Rent Limits.
make sure to get ample coverage as they may not be able to upgrade it at a later stage in case of a critical illness diagnosis, (for which the root cause it usually the lifestyle diseases like Diabetes or BP)
choose an insurer with good hospital network (like HDFC ERGO or CARE Health) as you may need to take them to other states to get better treatments as having good options might come handy during a crisis.
choose a plan that caps the premium at an age of 70, that makes premiums of a later age much affordable.
do not fall for insurance without medical checkup if they are above 55 yrs as this may result in claim rejections later.
make sure to buy your plan from an experienced consultant or an agent as the support and assistance they can provide during claim handlings are immense.
try to avoid newly launched products, instead go for trusted products which has a good settlement history, you can still opt to port to a better proven plan in future, if you find one.
You should disclose complete medical history transparently to your consultant and to find the right product from multiple insurers available in market.

To know more and for free personal consultations, you may reach me on whatsapp (9809313161) @ Abhijith’s Insurance Consulting.

How would you rate the answer?

Excellent Good Neutral Poor Bad

Related Questions