We are having health insurance in new India assurance for the past 15 years with bonus. Now we feel the premium is high. Want to change company, which one is best age group 65, 55 and 31 years of age and sum assured 3 Lakh?
Janakiraman-In my view it is better to continue for the age old members of policy (65 and 55 years old). Because considering their age, it is hard to get policy (if they have some health complications). Instead just look for whether the policy offers lifelong renewal or not. If not, then you can use portability option and switch to different insurer. Try to enhance the sum insured under the same policy. At the same time, try to separate the health insurance fo a person whose age is 31 Yrs. A
Thanks for answer