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Premium for health insurance coverage will increase with age

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I have to buy health insurance for my parents who are 53 and 60 years old. But when I saw the premiums and reviews of the policies, I got confused about which one to select.

Some insurance companies are charging just ₹10,000-15,000 for a coverage of ₹5 lakh, while others are charging ₹30,000-40,000.Is there any reliable source where I can compare various health insurance plans?—Sreenivasa GupthaIt is likely that you are referring to two different sets of health insurance plans.

A few insurers offer a special senior citizen health insurance plan apart from their regular health insurance plans.The senior citizen plans generally have a sum assured of up to ₹5 lakh.

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