SENIOR CITIZEN PLAN

Protect your parents by buying health insurance for them and protect your own financial stability..

This plan is ideal for senior citizen people whose age lies between 60 to 80 years and planning to retire with guaranteed monthly income. The insurance policy is mostly required when immediate medication is necessary for the patient and it leads to financial catastrophe if the policy is not done earlier. According to the new rules of IRDA, it is mandatory for health insurance to provide insurance to every individual till the age of 65 years as this helps those individuals who decide to take insurance at a later phase in their life. The new guidelines also provide policyholders to shift their policy to another insurance company if the insurer is not satisfied with the current policy provider. So it is necessary to make the right choice while choosing the policy at the right time of life and enjoy the benefit thereafter.

Things to be noted before buying a Senior Health Insurance Plan

Adequacy in claim processing: The time of claim settlement and claim settlement proportion is to be noted by the company before buying.
Add-on benefit: Need to look for day-to-day medical help from the insurance company.
Availability of chain of hospitals: The hospital should cover the treatment of disease which is needed by the policyholder and also in different cities while traveling.
No-claim benefit: If the claim is not made then the premium should be decreased or the assured amount should increase.
Reimbursement of pre and post-hospital expenses: Both benefits should be provided to the policyholder.
Availability of free health check: The policy should provide this benefit to the policyholder which acts as an extra benefit.

F.A.Q

WHAT ARE THE BENEFITS OF A SENIOR CITIZEN HEALTH INSURANCE PLAN?

• This plan is specially made for senior citizen people. • No medical test is done before purchasing the policy. • Provision of health check-ups on annual basis. • Availability of cashless medication exceeding 24 hours in a hospital. • Both before and after hospitalization is covered. • Availability of Free-lock in the period.
WHAT ARE THE THINGS TO LOOK FOR BEFORE BUYING THIS PLAN?

• Entry and Exit age of the policy. • Maximum restoration age of the policy. • Prior payment. • Household treatment.
WHAT ARE THE EXCLUSIONS MADE UNDER THIS PLAN?

• Diseases that occur before buying the plan. • Expenses excluding medical costs. • Diseases that occur within 30 days of buying the policy. • Ayurvedic, homeopathy, and non-allopathic treatment are not covered.
HOW TO CLAIM MEDICAL TREATMENT UNDER THIS PLAN?

The claim can be made after the patient is hospitalized in a hospital for more than 24 hours. The claim should be made for the disease which comes under the policy terms and conditions. The procedure for the medical claim is to obtain a form online or offline from the insurance company and it needs to fill duly with the correct information for faster processing of the claim. All the necessary documents need to be attached with it like medical bills and reports of the doctors.