I am 57 and my wife is 52 years. I have been renewing my Mediclaim policy of ₹2 lakh with family floater from National Insurance Company for the last four years. My wife has suffered from colon cancer in 2007. She is alright now and undergoes check-ups at regular intervals. I want to buy a health insurance cover of at least ₹5-7 lakh (with family floater) for the rest of our life. Can you recommend a policy that may also cover the existing ailment from the beginning?
- Devashish Chatterjee
A new health insurance policy is unlikely to cover your wife's cancer from day one. In fact, critical illness policies that cover chronic illnesses never cover pre-existing conditions. The best option for you would be to increase your existing cover. Talk to your current insurer and ask them what can they offer you.
This article was originally published on October 16, 2015.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
