I have a base health insurance policy with ₹5 lakh cover but want to renew it with a better plan to get wider coverage.
What is the right way to increase the sum assured? -Name withheld on request It would be easiest for you to enhance the sum assured with your existing insurer.
Most insurers offer sum assured enhancement options at the time of renewal. Your current insurer may offer you to move to the next slab of sum assured without any medical underwriting.
In case of further enhancement, the insurer may ask you to declare your current health status or even ask you to undergo a medical check-up.