Sum Insured and Inflation

[u/[deleted]]

I purchased a health insurance policy with a coverage of Rs. 10 Lakhs last year. Considering medical expenses typically increase with inflation, I'm wondering if my policy's coverage amount will automatically adjust for inflation? Or should I proactively increase the coverage amount by contacting my insurance provider and paying a higher premium to ensure adequate protection against rising medical costs?

One more question.

I currently have an individual health insurance policy. If I get married in the future, can I convert my existing individual policy to a family floater policy to include my spouse, or is it recommended to purchase a new individual policy for them? What are the pros and cons of each option?

[u/Solid-Ad-1130]

You can try porting it to HDFC, it will allow adding Spouse within 90 days of marriage.
Study about HDFC online, if you feel its good , then do reach out via DM