Health insurers can’t refuse to renew plan because you are a senior citizen

Health insurers can’t refuse to renew plan because you are a senior citizen

I am 62 and have retired from a public sector company. I have a family floater policy from my organisation for ₹2.5 lakh. At present, I am healthy. Do I need to top up my cover? If yes, then by how much? —Parol Ramani A sum assured of ₹2.5 lakh will be inadequate for most advanced surgeries, at prevailing medical prices. At current costs and your age, a ₹10 lakh cover is the minimum you should have. This should be enhanced based on your lifestyle and family medical history. Further, at 62, you…

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