Q: I want to cover my mother (56 years) and father (70 years) with medical insurance of 1.5 lakhs for each of them. Can you tell me which insurance provider would help me in this regard?

A:Most of the health insurance providers discourage people to take health insurance policy when they are old due to greater probability of a claim. While you can approach any public sector company (New India, United India, Oriental, National Insurance) you may also want to look up the Silver Plan offered by Bajaj Allianz. Their policy is specifically designed to offer health insurance cover to the elderly. All insurance companies will ask both your parents to go in for a medical check up as prescribed in their underwriting guidelines at their designated hospitals. You may visit their website for further details (http://www.bajajallianz.com)