Question regd WorldMed Insurance for 70+yrs old

[submittedviaemail]

Thanks for answering my question at insubuy.com. I have questions regd cancellation for WorldMed insurance. I don't know how long my parents will be staying here, so I am planning to take WorldMed Comprehensive Ins initially for 2 months and then renew it.
I was wondering abt cancellation fee and deductible when I renew it. How does it work? Can you please let me know.

[insubuy]

Thank you for your interest in purchasing WorldMed for your parents.

You can renew the insurance in the increments of 15 days. Insurance company charges $5 renewal fee every time you renew.
Even if you renew the insurance multiple times, you have to pay the deductible only once a year. It is an annual deductible.

In WorldMed, there is no refund after the effective date of the policy.

Please let me know if you have any other questions.

[submittedviaemail]

I have one more question for you, I am trying to fill up the application form for WorldMed, it's asking me whether I need Plan A, B or Lite. I didn't see any Plan A or B when elected med ins for 70+ yrs(just Visitor care, WorldMed and Lite). Does it make a difference for 70+ yrs old? If it does which one is the best A or B? Please let me know.

[insubuy]

For people below 70 years of age
Plan A: $500,000 policy maximum
Plan B: $1,000,000 policy maximum
Lite: Accident only $100,00 coverage

For age 70+, Plan A gets reduced to $100,000 and plan B is NOT available.

Therefore, you should choose 'Plan A' in the applcation.