Sir Myself Rajiva Raman a retired Banker is having a Mediclaim Policy from Tata AIG, the premium for which is around 52000/- per year for floater policy with 3 members myself (58), my wife (52), my son (13). I want to change to some other company. I want to change it to National Insurance Company. Please advice.

I am working in an IT company and have medical insurance coverage to all family members up to 10 LPA. Apart from company insurance I had taken Bharati Axa Insurance health Insurance for 15 LPA for my family members but 2022 March it got expired and they moved to ICICI Insurance. At present that insurance is closed. I would like to take a small insurance of 2 to 5 LPA per annum and continue till lifelong with increase in the sum assured without any extra payment on yearly basis and free medical checkup every year and premium to be 5K to 10K per annum. I am 46 years old.

I got a call from my bank AXIS to get Medical Insurance. Axis bank has tied with TATA AIG insurance they are providing low premium for the policy. They said this premium amount will be till my age 55. In this period i have to keep bank transactions with Axis bank. If not you can withdraw from policy or you can transfer the policy to TATA AIG. If i take the policy, what will happen to policy seniority? Can I take direct policy with the insurance company? I am confused help me.

I have a medical insurance with National Insurance in the name of my father & mother (77 years) of Rs. 1,50,000/- each. The said Mediclaim policy was renewed on 10th April 2021 for a year (Mediclaim policy due from 17th April 2021). But on 15th April 2021, my father expired after I renewed the policy on 10th April 2021. What is the procedure to delete the name of my father from the said policy due to his death and convert the entire sum of Rs. 3,00,000/- in the name of my mother since I already paid the premium for 2021-21? Will the policy to be treated as new? If new, what would happen for the cumulative bonus for the existing policy? Will the CB be lost?

I have an ongoing group insurance from Manipal Cigna for my parents aged 62yrs and 58yrs respectively from past 2 years under Union Bank Customers Group Insurance. I would now like to include them in a more inclusive and definitive plan wherein coverage and facilities are there as both are going into senior citizen category down the line. Is it possible to change my insurance from group to family floater Co-sitting of father and mother only while retaining the NCB and Critical Illness Continuity as I have not claimed anything for past 2 years and would like the critical illness cover to remain as it was due after 3 years and this is 3rd year ongoing. So they would have been eligible for the same next year but there are some limitations in the group insurance which has forced me to think to change the current policy to family/individual. Please guide the best in terms of value for money and what should be the ideal course of action. My coverage is Rs 10 lakh.

I am 73 (DOB 10-07-1949). I had an open heart surgery in Sept., 1999. I am taking blood thinner otherwise ok. My wife is 66 (DOB 13-09-1956). She has no problems. I have a 5L Family Floater health insurance from Oriental Insurance - Bank Saathi Policy at an annual premium of about Rs. 35,000 for self and wife. Since in these days this is not sufficient, I want another policy for 5L or Top Up for 5 / 10 L for self and wife. Please advise an honest suitable minimum cost affordable policy since I have limited capacity to pay because my life time savings in Punjab & Maharashtra co-op Bank Ltd., Mumbai, has been looted by bank Management, Senior Employees, HDIL Construction Co. (Wadwhans), RBI, Politicians and Govt. Another point. Earlier I had policies with National Insurance, New India Insurance and Oriental Insurance from my Bank tie-up but one after the other they broke the tie up with Banks and offered their direct policy raising annual premium from 11,000 to 43,000 (National Insurance) and others also on same lines because they follow dishonest business policy and just want to loot the common man. How anybody can afford such increase after 8 years with Govt. co. insurance Policy? IRDA is also on their side being dishonest. Not only private but Govt. cos. are also dishonest, corrupt and want to kill the common man.