Dear Sir ,
I am a 38-year-old and my wife is 33 yrs old housewife.My mother who is 74 years old stays with me. I have already bought a 50 lakh life cover of HDFC Click to Protect Plus and a personal accident policy of Bajaj Allianz Health Guard of 10 lakhs. Now i wish to purchase a health insurance policy for my family. I have done some research from various portals and zeroed in on Star Health Family Optima Plan for myself and my wife.The only factor i am a bit doubtful is that it has a room rent capping of Rs 7500. We stay in Kolkata.Is this room rent capping sufficient.What do you think about my choice ? Is there any better option ? What policy to take for my mother ?She does not have any health problems as of now .
Before zeroing on Star, check the co-payment clause. In my view it will be higher than other plans. Also, it is you who can say whether the Rs.7,500 per day room rent suffice for Kolkatta or not. Because I stay in Bangalore. In my view, you cross the plans of Apollo, Religare and MaxBupa too.
It is hard to get health insurance for your mother. Because she is now 74 years of age. Instead of relying on health insurance, i suggest you start creating an emergency fund on your own.
I want to take the floater policy for myself and my wife .For Star the policy wording states “A co-payment of 20% of each and every claim applicable for fresh as well as renewal policies for insured persons whose age at the time of entry is above 60 years”.I am not taking the policy for my mother.