Question regarding Pre Existing Health Insurance
My parents are aged mom 46 and dad 48.
My dad was working in bank and all health insurance was covered.
He took golden handshake being offered due to work stress then and left 4 years back to join my mom in UK. He has insurance lapse for long time because mom UK policy was covering us all in UK.
So i was searching for new policy now we came back to India.
He had previous heart issues 5 years back.
Now i got call from ICICI Lombard when i was checking there group insurance in my banking account and i told them clearly about my father situation, and they say there is option to cover Pre Existing Disease in group insurance with 2 year hold period and premium but would be high and premium was almost double for 2 people on declaring the Pre Existing Disease.
I was ok with it. So I was going to buy the same, but then when i talked to my Bank Relationship Manager since we have Privilege account with them, she said the claims would be rejected and not to make group insurance / floater policy and take individually to avoid issues in future.
Again we got call few days later and that person said not to declare pay low premium and anyways with new IRDAI rules of 8 years no claim, all claim in future be covered. Its so much contradiction from same company, saying we are different bank and insurance companies , etc etc
Why is there so much contradictions, while world over we stayed, whether UK, Dubai, Taiwan, anywhere the health insurance simple and straightforward and available for all humans with or without existing disease.
Am so loss and stressed for buying even a thing as simple as health insurance.
Anyone shedding some insights on same would help me get out of this rigmarole.