While purchasing a health insurance policy,
I have short listed the “Oriental Happy Family Floater” link : www.orientalinsurance.org.in/happy-family-floater-policy.jsp.
My father had a heart attack in 1997 , I also had called 2-3 private companies, but they said they can’t issue policy to a person, who had a heart attack.
I have decided to go with a S.I. of : 6 Lakhs for me and my parents aged 49 & 53.The premium for three of us is approx : 16 k.As medimanage people said that since its a PSU, and I am the proposer, they may issue a policy.
Is it OK to go with SI of 6 lakhs? Or should get more?
Also I would like to ask : Shall I purchase it from MediManage.com(OnLine) or a local oriental agent, who had visited us once, for informing premium amounts and features.
What are the pros and cons of both?
Also is it beneficial to go with riders as
1) Accedental death benefit,just Rs: 60 / Lakh of cover &
2) Hard ship benefit? Approx 300-500rs extra per person