Back
Insurance for My Parents 65 and 60 years with BP and Diabetics
Share
02 Apr, 2021
by Kiran Wali
Hi Team,
I am looking for insurance for my Parents with age 65 and 60 years with BP and Diabetics.
- what would be best, individual or Floater ?
- looking for insurance with no copay and no room restriction.
- 10 lakh base cover and super top up of 50 lakh combined would be sufficient ?
- which one would provide less waiting period ?
0
Post
0
0 Comments
Reply
Dear Mr Wali
As your parents have history of Diabetes and BP hence my recommendation is given below :
1 . Go for a floater policy for parents , there are many plans especially designed for senior citizens .
2. Now a days all plans have no room restriction but you should choose standard room because all hospital expenses are linked to room rent . Opt for 20 % copay because this will reduce your premium. By opting copay , you have enhanced chance of acceptance of your Proposal .
3. Yes , your choice is right 10 lakh plus super top up of 50 lakh.
4. If you go for 20 % copay then you will have 2 years to 4 years waiting period . Almost all companies have similar waiting period .