[URGENT] Queries regarding Super Top-up Policies for my parents !!
I am from Kolkata and I recently came across the concept of Super-topup health insurance policies which come at a nominal price.
My parents (Father - 74 and Mother -63), each of them only have a New India Mediclaim Individual Base Policy of 6.25L (5L original base +1.25L cumulative bonus) (Since 1996 or 97). My father has COPD and my mother has BP+Cardiac Issues.
I searched through all the health insurance providers, and given my parent's age and comorbidities and affordability of the premiums, I was able to narrow down to the only two super top-up policies possible (in addition to the original New India Policy):
Father - Care Enhance Super Topup of 12L (considering 6.25L base policy)
Mother - Niva Bupa Health Recharge Super Topup of 40 L
I read on different sites that its "not recommended to buy base policy and super top-up policy from separate insurers". Why is this a problem? Is it that big that nothing can be done about it?
So, given I can only choose these policies which are different from the original insurer, if (god forbid) a claim is needed for above 6.25L New India Policy, how does the rest work from the new insurers?
Please consider me a total noob in these matters. No matter how stupid or redundant the explanation, I am looking forward to as many suggestions and clarifications as possible from the community.
If you have any other better alternative super-top up policies than the ones I found, I am open to all options (considering my parent's age and co-morbidities and affordability of the premiums).
I will be buying them soon.
Thanks a lot in advance!