Wednesday 15 May 2013

Best health insurance plan for senior citizens in India


By BajajCapitalInsurance.com on 11:59


Health insurance plans for senior citizens is very important because of the lack of quality care at busy hospitals. Insurance policies, in general, act as a shield against risks and unforeseen circumstances. Health Insurance Plans for senior citizens in India are provided by number of insurance providers; hence you have to take a smart decision while selecting the mediclaim plan.

With the advancement of the medical science almost any illness can be cured but high cost of the medical treatment can be tough to afford. Increasing cost of the medical expenses can impose a financial burden on anyone especially in the old age. So make sure choose the right health insurance plan that met all your needs.
Following are the some important aspects that need to check before buying Senior Citizen Health Insurance Plan:

Entry Age- Entry age for senior citizen health insurance plan is 60 to 80 years. However the entry age may vary company to company or policy to policy.

Pre Existing Disease coverage- One of the most important aspect of the any health insurance plan is pre existing disease coverage. In case of senior citizen most of the insurance providers offer cover for treating a pre existing critical illness with respect to some terms and conditions. So it’s necessary to check the kind of coverage that insurer offers.

Premium Amount- Generally people think senior citizen health insurance plans are expensive and if a person looking for a pre existing condition than insurer will charge extra premium. But there are always options in the market. Bajaj Capital Insurance provides you the facility to compare and choose the best offer which helps you in buying the health insurance policy in affordable premium cost with maximum benefits.

Renewal Age- Generally the health insurance renewal age for senior citizens is 90 years, however it may vary from insurer to insurer.

Sum Assured-Sum assured and Sum Insured are completely two different thing. Sum Assured is pre-defined benefit that insurance company pays to the policyholder in the insured event. A Sum Insured is maximum limit of liability of insurance company. Feel the difference before buying the insurance policy.

There are varieties of Health Insurance Products design to meet your insurance needs. Compare and choose the best health insurance plan for senio
r citizens offered by leading insurers in India..

Insurer
New India
National Insurance
Star Health
United India
Bajaj Allianz
Plan Name/Features
Senior Citizens
VARISTHA Mediclaim for Senior Citizens
Senior Citizen Red Carpet
Health Insurance Policy – Senior Citizen
Silver Health – Health cover for Seniors
Ambulance Charges
Covered
Up to Rs.1000
Rs.600 per hospitalization (max Rs.1200) per policy period.
Covered *
Up to Rs.1000
Cashless Benefit
In network hospitals
In network hospitals
In network hospitals
In network hospitals
In network hospitals
Cataract Treatment
After 18 months
After 1 year
After 2 years Cataract (both eyes included), up to Rs.15,000/-
After 2 years up to 25% of Sum Insured
After 1 year
Domiciliary Hospitalization
Not covered
Covered
Not covered
Covered
Covered
Free Health check up
Up to 1% After 4 years
Up to 2% After 3 years
Not covered
Up to 1% After 3 years
After 4 year
Joint Replacement
After 4 years
After 1 year
After 2 years
After 4 years up to 70% of Sum Insured
After 4 years
                          Pre-Existing Disease Cover
After 18 months
After 1 year
covered from first year*
After 4 years
After 1 year
Room Rent
1% of Sum Insured ICU 2% of Sum Insured
1% of Sum Insured ICU 2% of Sum Insured
1% of sum insured (Max. Rs. 4,000/- per day) ICU 2% of sum insured per day
1% of Sum Insured ICU 2% of Sum Insured
Covered
Tax Benefit
Covered
Covered
Covered
Covered
Covered
Sum Insured 1 Lac/ Age 63 yrs
4326
4697
5000
5056
8056

Bajaj Capital Insurance is here to help you for your insurance related needs. BCIBL offers you a comprehensive online health insurance platform to compare and buy the best policy as per your insurance need. You can call on our toll free 1860-266-1226 for any insurance related assistance or you can write us at info@bajajcapitalinsurance.com . We also help you in claim assistance process. 

About Bajaj Capital Insurance

Bajaj Capital Insurance Broking Ltd.(BCIBL) is a IRDA approved composite broker and is a group company of Bajaj Capital which is serving customer since last 50 years.

7 comments:

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. This comment has been removed by a blog administrator.

    ReplyDelete
  3. This comment has been removed by a blog administrator.

    ReplyDelete
  4. Glad to read this informative post bout health insurance policy.

    ReplyDelete
  5. This comment has been removed by a blog administrator.

    ReplyDelete
  6. This comment has been removed by a blog administrator.

    ReplyDelete
  7. Nice information shown by you. I like it and hope it will help all the senior citizens.
    Compare Insurance Policies India

    ReplyDelete