A financial plan for taking care of your aged parents
Published on September 24, 2021 | Senior Citizen Health Insurance
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.
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.
*All discounts provided by insurers as per IRDAI approved insurance plans.
Standard T&C apply.
Insurance is the subject matter of solicitation. For more details on policy
terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before
concluding sale.
Visitors are hereby informed that their information submitted on the website may
be shared with insurers for soliciting insurance policies.The product information for comparison
displayed on this website is of the insurers with whom our company has an agreement.Product
information is authentic and solely based on the information received from the Insurer.
Elephant.in is best viewed through Internet Edge, Mozilla
Firefox® 16.x and +, Safari 5.1 and +, Chrome 23 and +, or an equivalent browser software. If your
browser is older, you may have trouble viewing many of our web site features properly. If you are
unsure of the version of your browser, you can determine it by choosing ‘Help’ at the top of your
browser window and then selecting ‘About’ (your browser).
I am a Corporate
For Employers Only
I am an Existing Customer
My Account
Login to your lifetime personalized account for seamless policy
management including claims.