Medical insurance suggestions

Hi

I have medical insurance already from new India assurance, insurance is floater type for 8 lacs for whole family for 11.5 k , this renewal I am thinking of top up of 7 lac more for additional 3.5 k......... Whereas main policy if doubled is for whopping 22700 rs.

Is there any catch in topping up the policy?

Should I top up or not?

Is there any better medical insurance from any other company

I am in this insurance for last 6-7 years? Will it be good to change company now?

Opd covered policy are any good or not?

Keep the existing insurance policy. Banks provide med insurance at half the price of direct insurance providers and without any medical checkup. PNB provides medical insurance to anyone less than 70 yrs. Check that up as well.

These would be good additional covers. Never stop existing insurance which gives full coverage.

But can we hold 2 policy simultaneously?

Incase of the it is required, which policy will be assumed to be used?

Hi Bro,

First of all, I am no expert in this but I did enough personal research to buy a policy for me and my family so will share what I learnt.

* Go for a policy with highest IRDA claim ratio, check for atleast last 3 years to see if that is consistent. This will enable for a better claim, however as you are holding policy from 6-7 years this shouldn't be a major issue as the waiting period for all diseases might be completed.

* Make sure your policy has no co-pay, which means you should have to pay some percentage of claim in case of heavy claim.

* Make sure your policy can be renewed lifelong because some companies/banks stop the policy after certain age which is of no use because the main diseases/health issues might start at that particular age.

* Also see if the claim is done through third party because most of the banks/companies do that way and 3rd party vendors try to give as little claim as possible. (this happened to some of my friends)

offcourse. Whichever you want you can use to claim.

Not sure whether I can post external links here.
But www. coverfox. com and www . Medimanage . com might help

Are info in that topic relevant now or it's all scam anyway for whatever reason ? How else we really can get going with such matter for whatever ? I am not sure if it's even will be able to do that for whatever reason. How we need to make it possible ? I do want! Look in google for insurance now.