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Hi
Anyone facing this issue?

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Guess they get comission out of that too .. to get employee buy parents insurance at high rates.
It is like taking new insurance for parents, where the premium will be expensive and the waiting period in most of the critical illness.
Parents should always be purchased separate/ different from org. And you can buy additional if you want to, but always keep one separate and continue with that irrespective of the firm you join.
Is pre existing disease not covered in parents insurance?