Health Insurance - Policy Suggestion Please

[vsan]

I just called Apollo Munich on 18001030555 and their representative Ms. Kanika informed me that they dont cover patients with pre existing DIABETES.

[PolicyWala]

I wanted to clarify these 2 points in Apollo Munich Maxima.

1. The policy says they can apply loading of upto 150%
Does the loading have to be decided (if any) at the time of purchase?
Can they apply loading once the policy is started i mean maybe after 2yrs or 7yrs or 9yrs or something at their discretion ?
Can they change the premium once someone completes a particular age like 60?

This all depends on the underwriting policy of the insurance company.

2. They also say 10% increase in the SI every claim free year, Max 50%.
but they also say incase of a claim, the cumulative bonus will be reduced by 20% in the next year.
DOES this mean that my base policy of 300000 is always constant and changes are only in the bonuses or can the make changes to my base amount of Rs.300000 also.

Can you please help my clarify the 2 points above.

Regards
vsan

Bonus means that your Sum Insured will increase without paying extra premium. And same way only the bonus premium will reduce on the basis of each claim.

I just called Apollo Munich on 18001030555 and their representative Ms. Kanika informed me that they dont cover patients with pre existing DIABETES.

I have said as per the info on there website. Which says, "Pre-existing illnesses under OPD Benefits, covered: If you need medicines or a Doctor consultation for any pre-existing illness, it’ll be covered without any waiting period."

[vsan]

No but the whole joke is that they are not ready to even ready to consider application form from diabetic patient. so no Apollo Maxima policy for diabetic patients. :-)