Need opinion
I purchased recently optima secure + for my wife and myself. It was for 20L sum assured for 3 years with 0 deductible. Premium was around 52k . I got the policy issued too. However after carefully looking at deductibles i feel if i have opted for 25k or 50k i could have saved some money.
Bcoz this insurance was just for backup as we have corporate insurance for 15L each.
Now i’m thinking to cancel the current policy and apply again for secure + with 25k / 50k deductible.
The agent i went through is saying it will be a loss for her now, although she was helpful but i didn’t consider deductible will pay that much premiums down.
She’s saying that although 30 days under free lookup period exists but they will deductible like 5k or more. is it true ?
Is this the right what im thinking or should i let the policy be as it is ?
I need to take one more policy for my mother with secure plus itself but it should be for 5 years . Thought if i can save some here can put it in other policy. 1.41L premium is coming for mother.
Please share some thoughts 🙏