Should I continue my Health Insurance Policy ?

POSTED BY hbm24117 ON April 11, 2014 1:52 pm ONE COMMENT

Hi,

Thank you very much for your informative articles about finance.

I learned so much from your articles.

Coming to the question I have taken Oriental Happy Family Floater policy (For me, My wife  and My mother)before 2 years when I was in India.

Now from last 1 year onwards I am staying in Oman.

Here for me and my wife the employer has Provided health insurance for a big sum.

Now is it better for me to continue with the above policy for my mother alone or it it good to go for any other individual plan for my mother alone. I came to know that it can be renewed only upto 65 years only.

My mother is reaching to 60 years.

Please suggest me what to do with the above policy.

One reply on this article “Should I continue my Health Insurance Policy ?”

  1. ashalanshu says:

    Dear HBM, all policies are now life time renewal contracts. Please contact Oriental to get clarity on this. In my personal opinion, keeping the age of your mother in mind, it’s advisable to continue with the same policy.

    Thanks

    Ashal

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