Ajay,
Sampoorn Arogya Bima Policy of National Insurance would be best for you.
1. Pre-existing disease under this plan is covered after 3 claim free policy years other plan does it after 4 years.
2. The premium for 2 persons would be around:
Premium Sum insured Age Age
6500.00 300,000 <36 <56
9700.00 500,000 <36 <56
Mini- 3 Lacs Sum Insured is what i would propose for you.
For more details check this link : http://www.bimaworld.com/health/national-insurance-mediclaim-policies-comparison.html
Also note that for persons aged above 50 are required to submit following Reports (cost to borne by the proposer) along with Proposal form:
1. Blood Sugar Report
2. Urine Sugar Report,
3. Blood Pressure reading,
4. ECG Report,
5. Eco-cardiography Report,
6. Eye-check-up including retinoscopy report
7. MDs Report
These tests are done at the empanelled diagnostic centres of the insurer, which please note.
Thanks for your query and pl. sign-up for more lively participation under the forum.
IBS