back arrow Back

Health insurance for parents

reply Share
21 Aug, 2021 by  Praveen Battula

Recently I have purchased Star Health Comprehensive Health policy for my parents with a cover of 5 lakh.... Premium of 23k pa.

Both my parents are diabetic and.... I could not get any other policy because my mother is on insulin..... They both are 49 & 47.

Please suggest me is this a good policy or should I port to some other policies... If there are any...

like like
0
Parents-Health-Insurance

2 Answer

Post
22 Aug, 2021

Dear Praveen

Star is a good option with its all india network and claim settlement .

Hope you had declared all pre existing diseases because your premium would be higher if you had declared all diseases . There seems to be something wrong .

Please check your policy details whether pre existing diseases are mentioned or not .

You would have laoding as well 3 years waiting period due to diabetes .

Please check facts .

like like
0
icon-comment 0 Comments
icon-reply Reply
23 Aug, 2021

Praveen,

I agree with Shailesh.

I suggest check the policy certificate. On it, it should mention your mother's diabetes as Pre Existing Disease or PED.


If not, then you should be worried.

like like
0
icon-comment 2 Comments
icon-reply Reply
24 Aug, 2021
Praveen Battula
like like
0
icon-reply Reply
24 Aug, 2021
like like
0
icon-reply Reply
Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2021 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂