Continuing Parents Health Cover
My parents (both above 65 years) have mediclaim policy of Rs. 1.5 lacs each from National Insurance.
No medical or health issues for them till now.
Major claim till date has only been of eye surgery and others been minor 2-3 claims only.
Annual premium is 31,000/- now.
Is it worth to continue with such a small policy with high premium or rather invest it for them somewhere.
P.S.: I am having enough savings to cover their medical expenditure of 10 lacs+ anytime.