Senior Citizen Health insurance

A senior citizen health insurance policy can be taken at the age of 60 years and can be renewed each year up until the age of 80 years.

The cost of the medical insurance for senior citizens is completely subjective and depends on multiple factors including age as well as the amount for which the policy holder is insured. The exact premium amount is calculated and conveyed at the time of the purchase of the policy.

Based on the status of the health of the seniors being insured, it is possible to pick from among a variety of different plans. A plan that suits individual needs the most can be considered as the most viable.

As people get older and cross the age of 60 years, they are more likely to face health issues, some of which may be more expensive to treat than the others. The safety net of a medical insurance can help in making sure that seniors do not dry out their savings owing to treatment costs.

Yes, all kinds of medical insurance plans require the insured persons to go through comprehensive body checks, the same holds true for any senior citizen health insurance plans offered by any service provider.

Yes, it is possible to find cashless claim processes even in senior health insurance plans. Anyone opting for a pre-planned treatment can choose to avail of the cashless service by informing the insurance company prior to the treatment.

IRDAI’s latest guidelines state that half of the cost for a mandatory health checkup should be borne by the insurer and the remaining should be borne by the insured.

A lot of plans offered by insurance service partners of companies like Bajaj Finserv offer free health checks as part of their insurance policies.

Claims are usually submitted to the TPA. However, in the absence of any TPA, the claims can be directly submitted to the insurer.

While ailments may not be present in seniors at the time of taking the insurance, the age is what makes them more susceptible to diseases, which is why health insurance should be opted for. It is also viable to opt for the best senior citizen health insurance early on so that benefits like no-claim bonus can be opted for. It is also possible to pass certain waiting periods for pre-existing conditions when a medical insurance policy for senior is bought without them having any apparent health issues.

It is important to have a dedicated insurance policy for the seniors even if they are included in a family plan because the sum insured in a family plan is divided between all the family members and that may lead to a shortage of insurance for the seniors in case of a health emergency.

Yes, when you are making a purchase from the website of the insurer, which is also a trusted brand, you can be sure about the safety of the entire process.

Yes, there are certain plans that cover daycare costs for treatments and procedures that do not require overnight hospitalization.

Yes, a lot of plans also cover transportation charges (ambulance costs) as part of the policy plan.

Yes, while there are waiting periods for certain pre-existing conditions, ranging from 1-4 years, it is possible to buy a health insurance plan nevertheless.

Yes, there are plans that cover AYUSH treatments such as Ayurveda, Yoga, Unani, Siddhi and Homeopathy.

No, cosmetic treatments are not covered under health insurance plans for senior citizens.