Health Insurance For Senior Citizens Above 70 Years

I am planning to take Health Insurance and for this I am searching for the details of Senior citizen health insurance plan who is above 70 years. Will you please provide me list of some of the best Health Insurance For Senior Citizens providers in India along with other details?

[Kiran Chandar]

Senior citizen health insurance plan is a necessity, especially when you are planning to retire and live on pension or interest income from savings.

These senior citizen health insurance policies are for people aged between 65 years and 80 years.

5 Factors to Consider While Comparing Senior Citizen Mediclaim

Cover
Co-Payment
Maximum age at renewability
Coverage of specific diseases
Waiting periods

Popular Senior Citizen Health Insurance Plans Available in India:

1 Varishta Bima from National Insurance:

Considered to be a very good plan, this is among the very few plans in India that has the maximum entry age as high as 70.

The plan has some great features:

Maximum cover of Rs.1lac for hospitalization available
Pre-existing conditions such as diabetes and high blood pressure covered for an extra charge of 10% for each
These conditions will be covered after 31 days from the commencement of the plan.
No claim bonus available.

2. Heart Beat from Max Bupa:

Heart Beat from Max Bupa Health Insurance is another health insurance plan that allows people aged 70 years to join.

The features of this plan include:

No sub limits on ICU costs.
This is helpful as senior citizens may require ICU facilities more often than their younger counterparts.
No claims bonus is available.
There is no waiting period for an accident cover.

For a cover of Rs 2 lakh, a premium of Rs 27,925 has to be paid.

3. Red Carpet from Star Health:

Many critics and users have voted this product as the best health insurance plan for senior citizens. The maximum entry age is 74 and this is the biggest advantage.

Take a look at the other benefits of the plan:

While buying the policy, you only need to declare your pre-existing illnesses. You are not subjected to any harsh medical tests unlike the other plans in this category.

A whole lot of pre-existing conditions are covered
There is a 2 year waiting period for this and a 50% co-pay agreement.

Rs 5000 limit on post-hospitalization expenses.