Can you file health insurance claims from two different insurance companies?

Yes, you have the option to claim under one of the policies or use the Sum Assured under one and claim the balance amount under the other. Once you have exhausted the sum insured under one policy, you can choose to claim the balance from the other policy, but this requires you to provide certified copies of the original bills and the copy of the actual disbursements by the first insurer. may be required. second insurer. Companies can also choose to apply a contribution clause, which means each policy can pay a claim in proportion to the respective sum insured.

Additionally, it is wise to buy a health top up/super top up policy, which can come into force in case the basic sum assured of the company’s insurance cover is exhausted. Today, such top up plans are offered by many insurance companies with a wide range of options for the sum insured along with the deductible.

I want to take a health insurance policy for my parents who have retired last year. Both are over 60 now, please recommend a health insurance policy that will take care of future medical emergencies. Please share what will not be covered in a health insurance policy?

-Name withheld on request

Generally, the health insurance plans available in the market have restrictions on entry age for individuals above 60 years of age. However, there are policies available specifically for senior citizens that provide coverage to individuals above 60 years of age. Each policy has different coverages and exclusions; It is recommended that you assess the coverage and exclusions of each insurance provider to find the best fit for your parent.

(Subramanian Brahmjosula Head – Underwriting & Reinsurance, SBI General Insurance)

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