New India Assurance — unfair policy premium.

Address: Kolkata, West Bengal, 700084

Website: www.newindia.co.in/portal/#/home

I was doing a policy for my parents from last 9 years. Father age currently 67 and mother age 57. Last year i have paid rs 9000 approx premium for rs. 100000 sum assured of each person. Now at the time of renewal this policy, my agent says (Who is an ex employee of new india) that this time premium will be rs. 25000. All policy premium has increased drastically. Now my question is that "is it justified amount for senior citizen"? Why suddenly increase the premium amount by 2 times