Mediclaim or Critical Illness?

[Expert]

Answer to two of your queries -

(1) I would like to know which is the best Mediclaim policy for my parents (Father - 62 years & Mother - 52 years old)?

You can take Individual mediclaim policy for 52 years old / and special senior citizen for 62 years, as no pre medical test is required for the senior citizen policy.

(2) Which is better option simple Mediclaim or Critical Illness Insurance ?

It is always better to take health insurance or mediclaim/ with critical ill ness rider. few companies offer them