Review the coverage offered by the insurance plan. Ensure it includes hospitalization, doctor consultations, diagnostic tests, surgeries, and other essential medical services. Look for coverage of pre- and post-hospitalization expenses, as well as outpatient care.
Policy with the shorter waiting period can help the elderly as they are more prone to hospitalization.
Premiums tend to increase with age, so it's essential to find a balance between coverage and affordability.
Evaluate whether the policy covers preventive care, such as health check-ups, vaccinations, and wellness programs. Preventive care is particularly valuable for senior citizens to maintain good health.
Check for sub-limits within the policy, which place a cap on certain types of expenses, such as room rent, ICU charges, or specific treatments. Plans with fewer sub-limits are generally more comprehensive.
Check the co-payment and deductible requirements. These are the out-of-pocket expenses that the policyholder must cover. A plan with lower co-payments and deductibles is often more cost-effective in the long run.
*Standard T&C apply | EL/MEDIA/22-24/54