Worth renewing this Health Insurance policy with top-up for a 70-year old senior citizen?
Health Insurance Policy is from a nationalized (govt.-owned) insurance company.
No claims made from 2022 onwards. Prexisting condition of hypertension is covered in this. Policy was first bought via a bank back in 2011-2012 when the premiums were super low, like 3-4k per year. They increased the premiums insanely after Covid.
| coverage_period | total_paid_inr | insurance_coverage_amount_inr |
|---|---|---|
| 25/07/2020 to 24/07/2021 | 18754 | 400000 |
| 25/07/2021 to 24/07/2022 | 31952 | 400000 |
| 25/07/2022 to 24/07/2023 | 39136 | 500000 |
| 25/08/2022 to 24/08/2023 | 12088 | 1000000 |
| 25/07/2023 to 24/07/2024 | 23300 | 500000 |
| 25/08/2023 to 24/08/2024 | 12088 | 1000000 |
| 25/07/2024 to 24/07/2025 | 41847 | 500000 |
| 25/08/2024 to 24/08/2025 | 15197 | 1000000 |
| 25/07/2025 to 24/07/2026 | 45258 | 500000 |
| 25/08/2025 to 24/08/2026 | 15197 | 1000000 |