One of the best ways to secure your family from various health issues is health insurance. But as per studies, less than one-fifth of Indians take advantage of health insurance plans. Even travel health insurance is essential. The only reason 70% of healthcare costs are borne by Indians from whatever savings they possess is because of hesitation and indecisiveness to invest in the right policy. Experts say that senior citizens suffer the most, as neither do they have health insurance nor keep enough savings to meet medical needs.

Some myths about travel health insurance are:

1. My parents are healthy, and they do not need health insurance

As people grow old, their body becomes fragile and become susceptible to various illness. Many medical studies have proved that an old-aged person’s health is as delicate as a child’s. You must be extremely careful about your parents’ health and take the necessary precautions to keep them healthy. It is paramount that you buy medical insurance for them. Even if your parents (who are senior citizens) show no sign of any health issues right now, their condition can change quickly.

2. Family Floater Insurance Policy will offer enough cover

When it comes to buying domestic travel insurance in India, people say a family floater insurance policy generally covers all the family members, including parents, spouse, and children but here, if you make any claim because of illness to any of your family members, the sum insured is reduced, which means there will be only limited coverage for the elderly members of your family. It is best to buy separate health insurance for elderly family members to avoid all situations.

3. Senior citizen health insurance is expensive

Ideally, people buy health insurance domestic travel insurance in India and cover the treatment expenses that they may incur in the future. You can safeguard your savings and finances today so that you can provide the best medical care and treatment to your parents in the future. Undoubtedly, the cost of medical insurance for senior citizens is slightly higher than the cost of insurance for non-senior citizens, but it is not extremely expensive.

4. The senior citizens in my family have medical conditions; they cannot be covered under health insurance:

It is one of the most common misconceptions people have about senior citizen health insurance and Travel Insurance for Seniors. The majority of people avoid buying health insurance for the family elder most, mainly because they believe that their pre-existing illness would not be covered under the plan. You can get a health cover for your parents if the insurer you choose is willing to cover the pre-existing disease. You need to ensure that you thoroughly research the insurance companies that provide coverage for pre-existing conditions before approaching the insurance.

Hence, as you know all the myths regarding Travel Insurance for Seniors, make sure that you make an informed buying decision.

Age is a precursor to illnesses. As the age of the person grows, it brings illnesses, which are very expensive to treat. The reason is that as age grows, complications grow inside the body, and due to wear and tear, of the various body parts, diseases start emerging. Currently, there are many insurance firms that provide health insurance plans for their senior citizens. These health insurance plans cover lots of health expenses, which are incurred by the policyholders. In India, the majority of companies provide senior citizen health insurance policies, which give policies to people who are aged more than sixty years.

Nearly, all health insurance plans provide lots of benefits to their customers, such as Cashless Hospitalizations, Daycare Expenses, Pre-existing conditions cover, No requirement for medical tests and a Higher sum insured. Considering all these benefits, it is imperative that individuals opt for a health insurance policy for themselves and for their parents, who are senior citizens. Currently, the major plans providing health insurance for parents have lots of features such as Cashless Hospitalizations, Critical Illness Cover, Cover for Diseases like Cancer, Stroke, etc. Now, let us list the major features of senior citizen health insurance policy.

1. Features of Senior Citizen Health Policy

All the major health insurance companies in India provide senior citizen health insurance policies. The main features of all these plans are stated below.

• Only individuals above sixty years of age are entitled to health insurance coverage under the plans for senior citizen health policies.
• Currently, the majority of senior citizen health policies don’t require any pre-screening.
• Another major feature of senior citizen health policies is that there is a free locking period of around two weeks, for reviewing the terms of the policy.
• Customers will be able to utilize a free medical checkup every year.
• The majority of senior citizen health insurance policies cover pre-existing diseases.

If there are older individuals in the family, then one must be interested to know the major advantages of purchasing health insurance plans for the family. Now, let us list out the major advantages of purchasing a senior citizen health policy.

2. Benefits of Senior Citizen Health Insurance Policy

The major benefits of senior citizen health insurance policies are given below.

• The settlement process for all the policies is extremely smooth and convenient.
• If the individual is admitted for more than twenty-four hours, then he/she can avail of the policy of cashless hospitalization.
• The health insurance policy consists of Room Charges, Doctor’s Fees, In-Patient Hospitalisation costs, and expenses for the physician.
• The policy will cover emergency ambulance expenses. 
• Another big benefit of acquiring a senior citizen health insurance policy is that pre and post hospitalization expenses are included.
• The diseases which exist in the body before treatment, are mentioned in the policy document.