Please recommend a Mediclaim Policy which is affordable for senior citizens.
Got a quote from Star Insurance of ₹40462 for 10 lakh cover. 😩 Currently have a policy worth ₹3 lakhs which I believe is too less considering the medical expenses in the country
We have written an article recently that should help answer all your questions.
Please read through this. In case you still have questions - please ask us here. 🙏🏼
Bought Individual policy LIBERTY HEALTH CONNECT POLICY (Sum insured: 5lakh) for my parents aged 58 & 62 having a total premium of 49285.00 -/Rs
Along with 2 super top-up policies having sum insured 5L & 30L having deductible 5L & 10L respectively.
Kindly suggest is this a good policy?
Is there any disadvantage of taking 2 super top-up policies?
Hello Mr. Sharma,
We haven't been able to understand the construct of the policies you have purchased. Answering your concern - no, there are issues with buying two super topup policies, especially if they are all from the same company.
Hope this helps.
CAN YOU HELP ME OUT. NOT SATISFIED WITH THE CLAIM AMOUNT (HEAVY CO-PAY)
AS I'M HAVING SENIOR CITIZENS RED CARPET POLICY FROM STAR HEALTH FOR MY PARENTS (AGE 69) AND RECENTLY HAD A CLAIM IN WHICH I RECEIVED ONLY 28000 (DIABETIC FOOT CLAIM) AGANIST CLAIM OF 1LAC WITH 50% CO-PAY (PED (DIABETES) MENTIONED IN THE POLICY). TEAM CAN YOU SUGGEST WHICH OTHER COMPANY POLICY CAN I PURCHASE OR PORT THE EXISTING POLICY TO DIABETES POLICY FROM STAR HEALTH. IS DIABETES SAFE POLICY IS BETTER THAN SENIOR CITIZENS RED CARPET POLICY. NEED YOUR HELP AND SUGGESTION WITH REASONABLE PREMIUM AND GET FULL CLAIM AMOUNT (WITHOUT ANY CO-PAY)
I suggest you to PORT from Star health insurance red carpet is not a good product.
Buy health insurance through a financial advisor so he/she can help you in claims and addressing your queries.
There are several health insurance plans in India that are specifically designed for senior citizens and offer comprehensive coverage at affordable rates. Here are a few options you can consider:
- HDFC ERGO Health Optima Senior: This policy is designed for individuals aged 61 years and above and offers a wide range of benefits, including hospitalization expenses, pre and post-hospitalization expenses, domiciliary hospitalization, and coverage for pre-existing conditions after a waiting period.
- Bajaj Allianz Silver Health Plan: This policy provides coverage for individuals aged 46 years and above, with no upper age limit. It covers hospitalization expenses, pre and post-hospitalization expenses, and provides coverage for pre-existing conditions after a waiting period.
- Max Bupa Health Companion Senior Citizen Plan: This policy is designed for individuals aged 60 years and above and provides coverage for hospitalization expenses, pre and post-hospitalization expenses, and ambulance charges. It also provides coverage for pre-existing conditions after a waiting period.
When selecting a health insurance plan in india for senior citizens, it is important to carefully review the policy details, including the coverage limits, exclusions, and waiting periods. You may also want to consider factors such as the insurer's claim settlement ratio and network of hospitals to ensure that you have access to quality healthcare when you need it.