11 Oct 2025 | 5 Mins Read
Before buying health insurance for aging parents
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Buying a health insurance plan for parents over 60 is essential due to rising medical costs. Policies vary significantly, with premiums of ₹35,000-₹60,000 yearly, while the sum insured must be at least ₹5 lakh. Key factors to consider include waiting periods, co-pay clauses, network hospitals, and claims settlement ratio. Individual policies often work better for seniors than family floaters.