Ques: Hi, I got a health plan from Max Bupa some days back. But I want to change this plan to a critical illness policy. Is it possible?
You cannot change your existing policy to a new critical illness policy; however, you have two options.
a. You can avail a separate critical illness cover along with your existing cover. These plans are less expensive and good to have beside a comprehensive health policy. You can choose the same insurer or any other insurer.
b. You can opt for the free look period of your existing period and cancel it within 15 days period from the day of receiving the policy copy. Due to the free look period a nominal amount will be deducted for the cancellation.