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Occasional Contributor
Sushant Kamble
Posts: 17
Registered: ‎28-08-2017

What is best insurance policy for my parents at age of 48?

What is best insurance policy for my parents at age of 48?

1 REPLY 1
Contributor
Ragini Khanna
Posts: 39
Registered: ‎09-06-2017

Re: What is best insurance policy for my parents at age of 48?

The expenses today have risen exponentially. It is good that you have considered buying health policy for your parents.
Ideally, a good medical insurance plan should cover
Hospitalization expenses for covered illnesses, injuries and for surgeries
Medical expenses incurred after hospitalization (they generally have a fixed duration)
Domestic Road Ambulance services


Apart from these basic features in a, one must also look for easy and hassle-free renewal and claim processes.
It is important to choose a medical insurance company with a good claim settlement history and good services.
Your premium charged will be higher as your parents are aged. If they have any pre existing illness, the premium will increase further.