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Get Lowest Rates for Health Insurance for Senior Citizens

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icon Health Insurance icon Senior Citizens Health Insurance

Health Insurance for Senior Citizens

Old age makes you prone to diseases & medical ailments. The cost of treatment of such old age ailments is also quite expensive. Purchasing a senior citizen health insurance policy from coverfox.com will ensure that the insurance company will take care of all of your old age medical expenses.

What is Senior Citizen Health Insurance? & Why is it Important?

Aging makes you prone to illnesses & various medical ailments. Aged people always wind up bearing a higher medical cost. Additionally, some elderly people have pension money & some only have little savings. As a result, paying for the expensive medical treatments with the limited income gets quite difficult to manage. This could increase the burden on your wallet. That's why buying a comprehensive senior citizen health insurance policy becomes extremely important.

It covers for your old age medical treatment costs without harming your savings or pension money. A Senior citizen health insurance provides financial support for:

  • Cashless hospitalization treatment
  • Preventive health check-up provisions at the insurance company's network hospitals
  • Pre-hospitalization & post hospitalization expenses
  • Covering certain pre-existing diseases, treatment critical illness, general hospitalization expenses & even treatment for covid-19.

Top Health Insurance for Senior Citizens Plans

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Reliance General Insurer
Amount Covered: ₹ 1 Lakh
Deal Price: ₹ 2,094 / Year
Waiting period: 4 yrs

Why Senior Citizen Health Insurance cover?

Cashless Hospitalization

Preventive Health Checkup

Pre and Post Hospitalization Expenses

Covering Pre Existing Diseases After a Waiting Period

Medical Attention From Good Doctors

Saves Tax

Features of Senior Citizen Health Insurance

Categories
Specifications
Minimum Age for Entry
60 yrs. & above
Maximum Age for Entry
No age limit
Cashless Claims Facility
Available at respective network hospitals
Preventive Health Check-ups
Available
Renewability
Lifetime
Long Term Policy Benefit
Up to 12.5% savings on a 2-year plan
Tax Benefits
Up to Rupees 75,000/- in a financial year (Under section 80D of the IT Act)

Benefits of Senior Citizen Health Insurance

A senior citizen health insurance policy offers a wide range of benefits to older people. Here are some key benefits of purchasing a senior citizen health insurance policy in India.

  • Medical Cover to the Elder Family Members: Elder family members who are above 60 yrs get proper health coverage just like they would get in a regular health insurance policy.
  • Cover For Hospitalization Expenses: Senior citizen health policies cover elderly people against an extensive range of medical expenses. These expenses include pre & post hospitalization along with expenses related to in-patient.
  • Cashless Treatment Facility: Senior citizens can enjoy a cashless medical treatment facility at the insurance company's network hospitals. However, to avail this facility, the individual needs to get admitted to the network hospital for at least a minimum of 24 hrs.
  • No-Claim Bonus: These plans provide a No-Claim Bonus to the elderly people. This bonus allows them to get a discount on their renewal premium amount for each claim-free year. NCB can range anywhere from 20% to 100% depending on the type of plan.
  • Lifetime Renewability Option: Most Senior citizen health insurance plans have a lifetime renewability option.
  • Tax-Benefits: A Senior citizen health insurance policy offers the individual with tax benefits on the premium he or she pays. This happens every financial year under section 80D of the IT Act.

What Medical Expenses Are Covered in Senior Citizen Health Insurance?

Hospital Treatment
Hospital Treatment
In-patient Hospitalization for treatment or accident or disease.
cashless treatment
Cashless Treatment
Cashless hospitalization facility at network hospitals.
daycare treatment
Day-Care Treatment
Day-care treatments & procedures.
ambulance rent
Ambulance & Room Rent
Ambulance expenses & hospital room rent charges covered.
preexisting diseases
Pre-existing Diseases
Pre-existing diseases are covered after waiting period gets over
free medical checkup
Free Medical Check-ups
Every once a year but it depends on the policy.
critical illness cover
Critical Illness Rider Option
Critical Illness Rider Option is available.
Pre-post hospitalization
Hospitalisation
Pre Hospitalization & Post Hospitalization expenses.
Ayush treatment
AYUSH Treatment
Coverage for Ayurveda, Homeopathy, Siddha & Unani.
organ donor expense
Organ Donor Expense
Coverage for expenses related to organ donation.
domiciliary expenses
Domiciliary Expenses
Coverage for home treatment expenses.
sum insured
Sum Insured Rebound
Recharge in sum insured on exhaustion of cover amount

What Medical Expenses Are Not Covered in Senior Citizen Health Insurance?

Treatment of HIV or AIDS, STDs diseases
Non-allopathic, Weight control treatment
Congenital diseases
Self-inflicted injury, Suicide
Cosmetic surgery, Mental disorder
Chemical, nuclear or biological threats
Dental treatment, pregnancy, external aids
Alcohol or any other substance abuse
Participation in any military operations
Participation in any extreme sports
View More +

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Top Health Insurance Plans for Senior Citizens in January 2022

Besides the above features, almost all other features of the senior citizen health insurance plan are similar to those present in normal health plans. Though many companies have policies which cover senior citizens, here we have chosen 4 insurance companies that offer specially designed senior citizen plans. Let us take a look:

1. New India Assurance Senior Citizen Mediclaim Policy:
A policy which can be availed by individuals aged 60-80 years and which can be continued till the individual reaches 90 years of age if the plan is continuously renewed with the company. The basic coverage includes pre and post hospitalization cost, ambulance charges, hospitalization expenses for illnesses and injuries to name a few.

2. Star Health Senior Citizens Red Carpet Policy
A plan which you can avail if you are aged 60 years and above and till 75 years. The plan can be renewed continuously for the entire lifetime. The coverage includes hospitalization expenses including pre and post hospitalization, ICU charges, surgeon’s fees, etc.

3. Apollo Munich Optima Senior Plan
A plan designed for individuals aged 61 years and above. Among the list of coverage provided, the basic ones include in-patient treatment, pre and post hospitalization, day-care procedures, ambulance charges, etc.

4. Care Health Insurance Care Senior plan
Care Health Insurance provides the Care Senior Health Insurance Policy specifically for senior citizens. It is quite an affordable health plan for senior citizens. This plan is available as an individual health policy as well as a floater health policy. It offers coverage options of Rs. 3 Lakh & Rs. 5 Lakh, 7 Lakhs & 10 Lakhs. The plan offers a tremendous benefit of up to 150% increase in your cover or sum assured with no-claim bonus & no-claim bonus super options. The no-claim bonus super is a cover that is optional. This plan doesn't require you to go for a pre-policy medical check-up in order to buy the policy.

The plan provides optional covers of Out Patient Department (OPD) care of up to 5000/- per policy year. This covers pharmacy expenses, diagnostics & even doctor consultations. Under this plan, you can also drop the option of choosing the SMART SELECT benefit, which increases the premium by 15%. Read below to understand more in detail about the benefits of this plan.

5. Max Bupa Senior First Plan
Max Bupa offers the Senior First plan which is a health plan customized as per the medical needs of the elderly. It provides unconditional support to senior citizens during their golden years. The coverage options are up to Rs. 25 lakhs. The plan does not have any sub limits on health check-ups conducted from day 1 & common health conditions. It has a hassle free claims process.

6. Aditya Birla's Activ Care plan
Aditya Birla's Activ Care plan for senior citizens is a comprehensive health insurance policy. This plan not only provides cover for diseases or accidents but it attends to the overall medical needs of old people. Additionally, this plan requires the elderly policy holder to go through medical screening which includes a fitness test. As per the assessment and score of this test he or she can win Health Returns based on their healthy heart score. The individual can utilize these Health Returns while playing the premium at the time of policy renewal.

7. Senior Citizens Red Carpet
Star Health Senior Citizens Red Carpet Health Insurance Policy is a plan especially for senior citizens. It offers coverage to individuals from the age of 60 & allows admissions to hospitals, right up to the age of 75. You can extend the coverage till lifetime. Read below to understand more in detail about the benefits of this plan.

Top Health Insurance Plans Sum Insured Tax Benefits Section 80D Renewability Co-Payment Medical Checkup
Bajaj Allianz Silver Health Plan 50K to 5 Lakh Yes Lifelong Renewability 20% Pre - medical tests are mandatory for every proposal
Star Health – Senior Citizen Red Carpet Policy 1 Lakh to 25 Lakhs Yes Lifelong Renewability 30% - 50% None
Apollo Munich's Optima Senior Health Plan 2 Lakh to 5 Lakhs Yes Lifelong Renewability 15% - 30% Yes
ICICI Lombard's iHealth Plan 3 Lakh to 50 Lakh Yes Lifelong Renewability NA Free at selected centres
New India's Senior Citizen Mediclaim Policy 1 lakh & 1.5 lakhs Yes Lifelong Renewability 10% Yes
National Insurance Varistha Mediclaim 1 Lakh & 2 Lakhs Yes Lifelong Renewability 10% - 20% Yes

How to Select the Best Health Insurance Plan for People Above 60?

Buying health insurance for aging parents has to be done carefully as you would want them to deserve the best. Keep the following points in mind while choosing medical insurance for parents above 60 years:

  • Know the medical history: While buying a health policy for your senior citizen parents, you need to know their medical history. But, sadly they too may be unaware of many prevailing medical conditions that they suffer from. In such cases it would be difficult to rely solely on their knowledge of their medical history. Before providing such information to the insurance company, it is always better to cross-verify.
  • Compare and choose plan: There are many existing and new senior citizen medical insurance plans available online in India. It is essential to compare between the different schemes. Comparison between the various health insurance plans for senior citizens can be done on factors such as coverage, price, riders/add-ons, inclusions, and exclusions.
  • Fill proposal form: While selecting the policy, fill in relevant and accurate information. Incorrect information could cause problems and your insurer will reject the application.
  • Do a medical check-up: The insured would have to undergo a medical screening after submitting the proposal form. The doctors on the panel of the insurance company would verify the information related to the medical conditions of the policyholder. Depending on the health of the insured, a few medical tests would be conducted by the doctor. Some of the tests include lipid profile, blood routine, sugar, urine routine, kidney and liver function, sonography, etc.

Note: There are certain senior citizen medical insurance plans that don’t require pre-policy medical screening tests.

For Example: Mayur lives with his wife who is a homemaker, 2 school-going kids and his parents. He earns around 50,000 per month and is the only bread-earner of the family. Since his parents are aged above 65, he decided to purchase a senior citizen medical insurance plan for them. Sudden medical crisis could leave the whole family financially crippled. That was something Mayur didn’t want.

So, after assessing his parents' medical history by going through all their earlier medical reports, he browsed the web and searched health insurance plans for parents. Their pre-policy medical check-up showed normal reports and the insurance company accepted the proposal form. The policy that Mayur chose for his parents required him to pay just Rs. 6000 per month. This was the best decision that Mayur took as it left him and his parents financially secure and happy.

How to Compare Senior Citizen Health Insurance Plans?

If you want to compare senior citizen medical insurance in India, you need to remember that the type of policy a person wishes to avail depends primarily on:

  • Fixed income amount
  • Financial status
  • Number of dependents
  • Health of dependents

While doing a comparison on health insurance plans for senior citizens in India, consider the following parameters:

  • Age: Age plays an important role when buying health insurance for senior citizens in India. The decision to issue a policy depends on the age. Hence, one should buy at an earlier age to increase chances of getting better coverage. When it comes to public sector insurance companies, senior citizen health insurance plans offered by them are the ones in the 60-80 age group. A few insurers have no maximum entry age and allow entry even after 80. Always pick a medical insurance policy that goes on for a longer period. The age limit for renewal varies from one company to another so check the terms and conditions carefully before buying the policy.
  • Number of Insured Persons on the Policy: The number of insured persons in a policy depend on whether you want add your spouse to your plan, or you prefer buying a separate senior citizen health insurance plan for them. This decision is purely based on their medical conditions and your budget constraints.
  • The Sum Insured: When comparing different medical insurance plans for senior citizens in India, the sum insured is a vital element that needs to be considered. A rough calculation of the medical charges for the entire year will help you decide the desired sum insured amount. Consider the spouse’s medical necessities too if they are being covered in the policy.
  • Premiums: Although premiums for senior citizen health insurance policies are higher, they're totally worth it. At a stage in life when you should be unwinding and savoring the retired years, the last thing you should be doing is raising funds to take care of your medical expenses. A little bit of planning in your budget will easily sail you through the retired phase.
  • Coverage of Specific Diseases: It is important to get the best senior citizens health insurance plan which covers many ailments including critical illnesses with progressing age.
  • Network Hospitals: When you age, nothing beats the comfort of a nearby hospital with cashless facility. Do enquire about the cashless tie-ups in the hospitals of your choice before making the payment.

Waiting Period:

  • Initial waiting period: Mostly first 30 days from the policy issuance except for accidental injuries/hospitalization.
  • Pre-existing Diseases: Most insurance companies have 2-4 years waiting period to cover any pre-existing conditions. The lesser, the better. Illness Specific: Many illnesses are covered only after a waiting period of around 2 years.
  • Deductibles and Co-Payments: Many senior citizen health insurance policies in India come with deductibles and co-payments. Therefore, check for the plans that have the lowest deductible and the least co-payment clause. On an average, 10% co-payment is quite standard.
  • Inclusions and Exclusions: Thoroughly check what your policy covers to avoid any surprises during claims. Read the policy wordings carefully to understand the scope of coverage. Every health insurance policy comes with certain exclusions, and Senior Citizens Health Insurance Plan is no different. As mentioned earlier, refer the policy wordings for the details about what the plan doesn't cover.

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Specifications of Senior Citizen Health Insurance

The following table shows the basic specifications of most health insurance plans for senior citizens in India.

Category Specifications
Minimum Entry Age
60 years and above
Maximum Entry Age
No limit
Cashless claims
Available at network hospitals
Tax Benefits
Up to Rs. 75,000/year (Under section 80D)
Preventive Health Checkups
Available
Renewability
Lifetime

Documents required to buy Health Insurance for senior citizens?

KYC
KYC - Proof of ID and Address
proof of income
Proof of Income
age proof
Age Proof
medical checkup
Medical Check-up
itb_img
Medical Report if required
2passport size photo
2 Passport-size photographs
Application Form
Application Form

Documents Required for Claim Under a Mediclaim Policy for Senior Citizen

The following documents are required to raise a claim under a mediclaim policy for senior citizens

  • Claim Form/Pre-authorization Request Form.
  • Attending a physician's statement.
  • Attested copies of all medical records.
  • NEFT mandate form

For a Death Claim:

  • Original policy documents
  • Original/attested copy of death certificate issued by the local municipal authority.
  • Death claim application form (Form A).
  • NEFT mandate form attested by bank authorities along with a cancelled cheque or bank account passbook.
  • Nominee's photo identity proof such as copy of Passport, PAN card, Voter identity card, Aadhaar (UID) card, etc.

Medical Natural Death:

  • Attending physician's statement (Form 'C').
  • Medical records (admission notes, discharge/death summary, test reports, etc.).

Accidental Unnatural Death:

  • Copy of the First Information Report (FIR) or Panchanama/Police complaint.
  • Copy of Post Mortem report (PMR)/Autopsy and Viscera report.
  • Copy of the Final Police Investigation report (FPIR)/Charge sheet.

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Why buy Senior Citizen Health insurance Plan online from Coverfox.com

You might feel that your lifetime savings will be sufficient to manage any of your medical expenses in your old age. However, many cases show that this doesn't happen. There are countless cases where elder people exhaust their lifetime savings & are unable to attend to their medical needs in old age.

Hence, a health insurance plan for a senior citizen is of prime importance. It takes care of the elderly person's high medical expenses without exhausting their lifetime savings or pension money. The senior citizen health insurance takes care of the rising medical expenses. Here are few important reasons why you should buy Senior Citizen Health insurance Plan online from Coverfox.com

  • Coverage for Medical Expenses
  • Preventive Health Check-ups
  • Quality Medical Treatments
  • Saves Taxes
  • Beating Inflation
  • Freedom from worry

IRDAI Rules and Regulations on Government Senior Citizens Health Insurance Policies

IRDAI or Insurance Regulatory and Development Authority of India have been authorized with the responsibility to monitor the provisions of government-backed health insurance policies that are customized for senior citizens, among various other tasks. It keeps a close tab of the features and benefits offered through senior citizen health insurance plans and regulate them at frequent intervals to ensure their welfare.

Here are some of the regulatory activities undertaken by IRDAI in the recent past:

  • Implemented a strict cap on the maximum limit for premium payments when premiums were being drastically increased by insurance companies in the year 2006 and 2007.
  • Formed a committee on Health Insurance for Senior Citizens to plan, formulate and implement necessary requirements seamlessly. Several recommendations of this committee were implemented, proving its efficiency and effectiveness.
  • IRDAI has made it mandatory for insurance companies to not reject the renewal of a senior citizen health insurance plan except reasons like misrepresentation of facts, fraud and moral hazard.
  • IRDAI has also made these features compulsory for government-backed senior citizen health insurance:
  • A minimum of 50% of the expenses incurred for pre-insurance medical examination may be reimbursed when the insurance company accepts the risk.
  • Policyholders of senior citizen health insurance plans can be offered the convenience of switching to another Third Party Administrator (TPA), as per his/her preference.
  • Individuals are offered the flexibility to renew senior citizen health insurance policy till the maximum age of 65 years.
  • Rejection of every proposal for senior citizen health insurance plans have to be given in writing, along with reasons supporting the rejection.

Conclusion

Imagine having to arrange for hospitalization and medical expenses in a matter of a few hours. More so, when you consider the exorbitant medical charges that are rapidly rising. Now, consider how it would have been had you been insured by a senior citizen health insurance plan. Wouldn’t that be convenient and ease your financial burden when such a situation arises, irrespective of whether it is a planned hospitalization or an unforeseen emergency? A senior citizen health insurance plan assures you the financial security during your post-retirement years when you probably would not have a high monthly income.

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Senior Citizens Health Insurance FAQs

Faqs on Senior Citizen Health Insurance

Why do senior citizens require health insurance?

The "Golden Years" aren't quite that golden as you age. The loss of regular income due to retirement can only add to the distress of an ailing health. Hence, unless you're born with a silver spoon, a decent health insurance plan can be your only Messiah during this stage of your life.

Are premiums for senior citizen health insurance plans expensive than standard health insurance policies?

As premiums are primarily dependent on the age of the insured member, the health plans for senior citizens are costlier than the regular health insurance. However, plans such as Star Health Insurance's Red Carpet for Senior Citizens offer coverage at standard premium irrespective of the age bracket.

What is the Price/Cost of Senior Citizen Health Insurance Package?

The price or cost of health insurance for senior citizens varies from one insurer to another on several factors. You can speak to the advisory team of Coverfox.com to get details of the best health insurance policy for senior citizens.

Will I get tax benefits on the premiums paid towards my parents' Senior Citizen Health Insurance Plan?

Under the Section 80D of the Income Tax Act 1961, Senior Citizens can avail tax benefit up to Rs.30,000 each year on the premium paid.. Similarly, if you are paying the premium towards your parents' policy, you can avail this benefit for yourself.

How to Claim Senior Citizen Health Plan easily?

You can contact Coverfox.com and give details of your registered mobile number and email id as all your details which is stored in the system would be fetched. The claim request would then be forwarded by the service management team to your insurance company. It would take approximately 15 – 20 working days for the claim to be settled.

How to Calculate Senior Citizen Medical Insurance Premium?

To calculate senior citizen medical insurance premium, the main factors that are considered are age, sum insured, and pre-existing conditions. At times, if your insurance company may hike your insurance premium if they find out that you are suffering from some pre-existing disease.

Can I buy senior citizen health insurance without medical test?

No you cannot buy senior citizen health insurance without medical test. The one exception is the Star Health Insurance's Red Carpet for Senior Citizens. In this, medical test is not required. You can always check the policy brochure before buying this plan.

What are pre-existing diseases / illnesses?

Pre-existing conditions are the ailment or disease that existed before you bought a health insurance policy. This is significant because your insurer would not cover such pre-existing conditions, within 48 months of prior to buying the 1st policy. It means, pre-existing conditions can be compensated after 48 months of continuous insurance cover.

What is co-payment?

Co-payment is the part amount that you have to pay from your pocket for medical treatment and medication while your insurance company will pay the remaining amount. Co-pay policies are more applicable to senior citizen health insurance policies in India. While you would be paying just a part of it, majority would be paid by the insurer. The co-pay fees vary from one insurer to another. You would have to check your policy document to see if your senior citizen health plan has the co-pay option. Note that co-pay is different from co-insurance. The difference between co-pay and co-insurance is that in co-insurance the insurer and the insured person get into a contract where each party has to agree to the percentage of the total cost to be paid. Whereas, in co-pay, the insured person has to pay a fixed amount for various healthcare services and treatments.

What is pre-acceptance medical screening?

A pre-acceptance medical screening is a technique of identifying the presence of any undiagnosed disease or ailment in a person without the signs or symptoms. Insurers insist that the insured person undergo a medical test before accepting their proposal form as the insurance company can assess their risk properly. Based on the results of the medical screening, the proposal form for the insurance policy is either accepted or rejected (in case of pre-existing diseases that are excluded from the insurance policy).

What is free-look period?

A free look period is that duration where a policyholder is given time to think over and can terminate the insurance contract without any penalities. Depending from insurer-to-insurer, the free look period could last for around 10 days or more than that. The insured can decide whether they want to continue with the policy. If they aren’t satisfied, the policyholder can receive full refund for it.

What are tax benefits on senior citizen health insurance?

Tax benefits on senior citizen health insurance generally depend on the age of the insured person. If you are paying health insurance for your parents who are senior citizens above the age of 60, the maximum amount that can be capped is Rs. 30,000. As a taxpayer you can maximize your tax benefit up to Rs. 55,000 under section 80D you’re your age is below 60 but your parents age is above 60. If you are a tax payer above the age of 60 having health insurance for yourself and you are paying health insurance for parents, then you can get a maximum benefit of section 80 D up to Rs. 60,000. When it comes to the premium paid for self, children, spouse, or parents, the tax benefit that can be availed is around Rs. 25,000 a year.

What is cashless hospitalization?

Cashless hospitalization is the facility where an insured person can be admitted and undergo treatment without having to pay medical expenses directly to the hospital. With this facility, the insured person has to be admitted in any of the network hospitals tied up with the insurance company. On making a claim, the policyholder can inform the insurer and all the medical expenses would be compensated to the hospital directly by the insurance company. In short, the insured does not have to pay anything to the hospital and then wait for a reimbursement from the insurance company.

Why every senior citizen should purchase senior citizen health insurance plan?

  • Avail comparatively higher sum insured benefits than most other health insurance plans
  • Avail tax benefit on premium payments made towards senior citizen health insurance
  • Offers pre and post hospitalization
  • Includes a free-look period that offers policyholders a defined time period for taking a final decision on whether they would like to purchase the policy
  • Day care treatments are covered that arise as a result of the usage of tech-advanced equipment during medical treatments, like in the case of chemotherapy, dialysis, etc.
  • Includes annual health check-ups
  • Cashless facilities on hospitalization, doctors’ fees and room rent is applicable when the insured is hospitalized for more than 24 hours
  • Offers the flexibility of renewing the senior citizen health insurance policy for the lifetime
  • Includes expenditures made towards ambulance facilities
  • Pre-existing diseases may be covered after the completion of the waiting period, depending on the discretion of the insurance company
  • Fast and hassle-free claim settlement process

At what age will I be eligible for purchasing a senior citizen health insurance policy?

Senior citizen health insurance is designed for individuals between the age group of 60 years to 80 years of age, though it varies between insurance companies. However, children of senior citizens or those approaching 60 years of age are eligible for purchasing senior citizen health insurance plans.

At what age can I get senior citizen health insurance policy?

Senior citizen health insurance is designed for individuals between the age group of 60 years to 80 years, though it varies between insurance companies. Senior citizens or those approaching 60 years of age are eligible for purchasing senior citizen health insurance plans.

What is the tax benefit on senior citizen health insurance policy?

Tax benefit of up to Rs.50,000 as per Section 80D of the Income Tax Act, 1961, is offered on premium payments made towards senior citizen health insurance. This tax benefit includes preventive health check-ups as well, and is applicable when the policyholder’s parents are senior citizens, even though the policyholder himself/herself is less than 60 years.

How to claim mediclaim policy for senior citizens?

There are two claim settlement processes that you can choose from:

  • Cashless claims – This feature enables the insured to avail cashless benefits on hospitalization, medical treatment and other facilities at network hospitals of insurance companies. Most new age insurance companies offer this benefit to the policyholders of their senior citizen health insurance plans.

  • Reimbursement – For this traditional claim settlement process, the insured receives the reimbursement for his/her hospitalization and other medical expenditures on submission of relevant medical bills.

Is there any mediclaim policy for senior citizens in India?

Here are some senior citizen health insurance plans in India that you may choose from:

  • Apollo Munich's Optima Senior Health Plan
  • ICICI Lombard's iHealth Plan
  • Star Health's Red Carpet
  • New India's Senior Citizen Mediclaim Policy
  • National Insurance Varishtha Mediclaim
  • Senior Citizen Red Carpet Plan
  • Bajaj Allianz Silver Health Plan

What age can I get a health insurance policy for senior citizens?

Senior citizen health insurance is designed for individuals between the age group of 60 years to 80 years, though it varies between insurance companies. Senior citizens or those approaching 60 years of age are eligible for purchasing senior citizen health insurance plans.

Is income proof mandatory to buy senior citizen health insurance policy?

No, senior citizens are not required to produce evidence of income to avail a senior citizen health insurance policy. The documents that are usually insisted upon include age proof, medical check-up documents and supporting documents for any pre-existing ailments. Individuals are advised to refer to the product brochure of a senior citizen health plan to find out the list of documents required, as they will vary from one company to another.

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