Lump sum Investment options for Retirees/Senior Citizens | Where to invest my Retiral benefits to get Regular Income? mother has no major health issue. I was wondering if you could help me in zeroing on a senior citizen health insurance for my parents which provides a good non-network coverage as well. 1 Lakh-10 Lakh. View Plan: Star Health Red Carpet Plan. Please suggest me best plan to cover upto 5 lacs . Differences :- In Max bupa irrespective of claim 10% bonus is accrued till 5 years (thus,SA will increase by 50%) You have mentioned that ‘features’ are your priority and not premium, in such a scenario may be you can consider Apollo or MaxBupa plan(s). Read my article “Best Health insurance companies in India.” depends on your affordability, current medical condition, family medical history, sources of income, financial profile etc., Best Health insurance plans for Senior parents. Guys Kindly check the company entered in the Indian Market Cigna ttk Kindly go through comparison portals and try to find out if there is one as per your requirements. For 20 lakh floater => Premiums are Optima – 80k, Care – 57k => 23k costly. Any idea which would be the better option? In-patient hospitalization expenses ( min. Religare – Care NCB Super. Health insurance plans for diabetic or hypertension.. Health insurance plans for Diabetic/hypertension. Can u please suggest me a health insurance which can benefit me in some way. Fine. There are few health insurance plans for Diabetics. You may check out Star health’s diabetic specific plan for your mother. Dear Mathew, Star Health Insurance – Senior Red Carpet Plan. Check out plans offered by MAX Bupa / Star Health / Apollo Munich .. Planning to buy a family floater plan so please suggest comparatively good plans. Which Mediclaim policy is best for them.Could you please suggest me best options for me?. My priority is having an insurance which have free medical check per year, or at least reimburse the check up costs, sum assured is not a deal, what i know is the more SA amount the more is the premium (appx). 3 – Kindly go through my article on best term insurance plans. For mother, kindly check out the diabetic specific mediclaim policy offered by Star health. Star Health Senior Citizen Red Carpet Plan. Shreekanth I am inputted my number this time sorry for this. Pre-hospitalisation charges will be covered for 30 days and post-hospitalisation for 60 days. I know this is judgmental, but what would be the best sum assured for the policy. If you have mentioned and provided all the required information (accurately) in proposol form(s), do not worry about the claim(s). For Senior citizens aged between 60 to 75 years. Compare all suitable products across different companies. 1 – Suggest you to kindly go through below article – Top Term insurance plans. Let me know whether combined famiily protection plans are better or individual plans are better? If it is not, you may go ahead and take the suitable plan for your parents if it meets the requirements. My Father-in-law is 64 years with Diabetic . Features of Star Red Carpet Senior Citizen Health Plan. My Mother aged 59 is diabetic, she’s undertaking medicines to keep everything under control. The plan has proved to be of great help to elderly people with the choice of good sum insured options. Evaluate these factors when buying a health insurance plan. I am 63 years old and my wife is 62 years old. The premiums on the level sum assured option is lower than the premiums on the increasing sum assured option in both the Tech Term and Jeevan Amar plans of LIC. 2) I want to invest money in SIP , I am new to this investment pls. And is it a better option to purchase a health insurance from policybazar.com or I should go through an agent? Great effort. If affordability is not an issue, suggest you to check out mediclaim plans offered by Max Bupa. 3.tata aig wealthiness plus plan without medical test but premium higher. For father, you may opt for Apollo Munich’s Optima Senior. Dear Pooja, *All savings provided by insurers as per IRDAI approved insurance plan. 2 – Loading of Premium due to acceptance of claims is generally not allowed. Kindly suggest what plan will best suited to them. if you say no then next time I will not enter. They both are dependent on me. has some knee problems not major. My dad was born on 15-6-1946. For a coverage without sub-limits, you need to spend more. So, citi is just the mediator (insurance broker). My mother is 64 and without any pre existing illness. Star Health Senior Citizen Red Carpet | Senior Citizen Health Plan | Hindi ... 10:15. The login page will open in a new tab. Please inform me. 66-70 30,150/- Star Health Senior Citizens Red Carpet Health Insurance Plan. My query: Does it matter to the Insurance company if my mother is a dependant or non – dependant on me, whether she is earning or not earning. Family Plans Your verdict will be valuable. Most of the Sr.Citizen plans do have Co-pay clause and sub-limit clauses. I am having a family floater from my employer. I am 32 Year old and having hyper tension, 1) Term insurance – Whether I should go ahead with ICICI Prudential term plan or HDFC term plan – I have gone through the link for best tem but still in a confusion please help us in this Read : Please let me know know. I have certain questions, please help me clarify them. Are you planning to buy individual policies or a family floater plan. Click here to read the full disclaimer. Evaluate these factors when buying a Health plan! Please suggest one which could be suitable. Thanks in advance 1 lakhs or Rs. I want to take a medical cover for my parents aged 59 & 58 years. I want a Senior Citizen Policy for my parents. Yes, you can renew the policy. 51 -55 11,000/- My father is 71 years old and mother is 67 years old. I want to know with the given conditions & age which type of Mediclaim policy should i go for which can cover the pre-existing disease with minimum co-pay and the best one. ‘Diabetic & Hyper-tension specific health insurance plans’. Thanks in advance. But do not expect high quality of service from Public sector General insurers. Disclose the medical history details in proposal forms honestly. Buy Now. My mother has Thyroid problem. Best portals to compare health insurance plans. Kindly read: Consider diabetic specific plan offered by Star Health. Recommended Plan for Senior Citizens. You should be able to withdraw this fund within few hours or 1 / 2 days. In-patient hospitalisation Could you please suggest which is the best Health Insurance Plan for us and what it should cover ? I am thinking of 3 Lakhs. Dear vinodkhanna, Hello Sreekanth, Request you to please provide your suggestions on this case at the earliest so that I can either get the existing policy renewed or take a fresh policy – if so which company has the good claim settlement track record. The product information for comparison displayed on this website is of the insurers with whom our company has an agreement. – ‘Diabetic & Hyper-tension specific health insurance plans’. Read : Best portals to compare Health insurance plans. I want to take health insurance for my father(64 yrs) and mother(58 yrs). Thank you for sharing your views. It depends on your mother’s and family’s medical history and the quantum of coverage you have.. My father has vision problems nothing major and my mom I would like to take a health insurance cover (floater) for my parents. Sum Insured: Rs.50,000/- to Rs 3,00,000/-. I can spend 20-30 k p.a. 6. Planning to buy medical insurance for my parents sr. citizens – father – 66 years, mother – 61 years. Dear Dibyendu , Senior Citizen Red Carpet Health Insurance Plan. Any individual between the age of 60 to 75 years can take this insurance policy. Hello Sreekanth, Do you think it is a good option considering low premium whereas similar conditions in the market would take premium upto Rs.35k? You can take independent plan for your mother. The minimum sum assured is Rs 1 Lakh and maximum sum assured is Rs 25 lakhs for individual plan. Thank you Suguna. Watch out for co-pay clause, disease specific sub-limits if any and conditions for pre-existing disease conditions. Can you please help me out, which insurance company is best and how i have to dig out while taking the same. Now you are aware of the policy coverage benefits and features of this senior citizen health insurance policy. There are some senior citizen specific plans (60 years) which you can also check out. 3 Lacs for an individual customer as below; 46-50 9,600/- Given that good private companies will not come with in my budget ( & Iffco Tokio already shown bad customer service) I am now looking for Public health insurer, which all ( Oriental, National & United) look the same. problems if occured or general health care at best policy rates. Personal Finance & Financial Literacy Blog in India, Last updated: July 23, 2020 | by Sreekanth Reddy 181 Comments. Does red carpet plan cover medical consultation costs? You can avail a loan under the senior citizen pension scheme. Right now if I want to buy a medical insurance for my parents,which product would be better ? You may consider these plans. Request for your expert advise to choose among these, Please let me know which policy I can buy for her as she might need to undergo these disease related surgeries in future considering these diseases are at severe stages right now. levels in control , no other related issues. Hi, For senior citizens a lot of time day-care procedures are required, the policy covers all the day-care treatments and surgeries that do not require 24 hours of hospitalization, 30 days of pre-hospitalization and post-hospitalization expenses are given in a lump sum, Claim for ambulance charges is also accepted, Sub-limits apply to certain specific illnesses. Regarding the Parents individual policies, you can port the policies to STAR/Max bupa/Apollo Munich. Star Red Carpet Senior Citizen health plan is one of the best star health insurance plans that are tailor-made to meet the healthcare needs of senior citizens:. This plan has certain Sub-limits and Co-payment clause, kindly go through the Policy T&Cs. V Krishnamurthy. Dear Hemanth..Kindly note that it is very tough to say if this plan meets your requirements or not. Pre – existing disease = Hypertension FROM 2003. There is a capping for major diseases also in their policy. You may also check out Star health’s ‘Red Carpet’ plan. Parents may have limited income or unstable income after their retirement, Parents may be financially dependent on their heirs. Hi Sreekanth, Coverage Limit : 5 to 7 Lac Health plans for Diabetic individuals. You may consider taking a Senior citizen plan from Govt (PSU) general insurers. Am looking for a health cover for my father who is 54 years old. Dear Karthik, One more plan – ICICI Prudential Diabetes Care . Key Features: The plan offers coverage against all day care procedures. If the plan meets your requirements and is affordable to you, you may go ahead. You may consider taking a Senior citizen plan from Govt (PSU) general insurers. My mother is diabetic and BP patient and had gone Knee surgery 02 years back , But she is in a stable stage . Please help me with comparisons of various plans. The estimated outlay of the Scheme is Rs 483.6 crore up to 2019-20. Can you please let me know what should be the ideal cover for parents / senior citizens (both aged 60). I have went through the comparison and seriously confused with the policies. Best portals to compare health insurance plans. From the 3rd year. 61-65 19,200/- Any individual in the age group of 60-75 years is eligible to take this health insurance plan. No need for getting a medical test done before purchasing the policy. Suggest you to apply to a plan where medical test is mandatory, it is better to disclose the medical condition in the proposal form itself. I am looking for a good Mediclaim policy for my father (age 61, retired) with sum insured till 5 Lacks. 2. Im trying to buy a health insurance policy for my Mom who is 59 years old. Dear Sapan, Star Health Insurance. My only concern here is to find a policy so that I could meet my Mom’s health expenses(if any) occurs. I am confused going through many plans. Health check-up expenses are covered. Dear Anurodh, But very near to 60. Dear Suresh, best portals for comparing Health insurance plans, Health insurance plans comparison websites, Top up & Super Top up health insurance plans, Latest Post Office Small Saving Schemes Interest rates Jan – Mar 2021 | Q4 of FY 2020-21. Ex – Start health / ICICI Lombard / Apollo Munich has these kind of plans. Cheers! Star Health offers some of the best health insurance plans in the market. 2) After claim is made for full policy amount, is continuation of the policy is permissible ? ... 7.5 and 10 lakhs. SENIOR CITIZENS RED CARPET HEALTH INSURANCE POLICY: For Senior citizens aged between 60 to 75 years. Thanks. You may consider two separate mediclaim plans for your parents. Is it worth buying Health insurance after a certain age? Check out ‘Apollo Munich’ Easy Health Standard plan. In such case, what do I do? Note: I have a separate Health Insurance policy for myself. * pre and post hospitalisation expenses upto 45days. Maintenance & Welfare of Parents and Senior Citizens (MWPS) Act | Details & Guidelines. Kindly read: Best portals to compare health insurance plans. Before you decide on which company, kindly work on your requirements. With valuable benefits like a minimum waiting period of 12 months, no pre-policy medical checkup along with cashless treatment in more than 6000 network hospitals, the plan is an ideal choice. Senior Citizen Red Carpet Health Insurance Plan. 10:15. If affordability is not an issue, consider mediclaim plans of MAX Bupa. Age = 62 yrs Rate of Premium to be retained by the insurer for a Policy term of 1 Year, (It varies based on the policy term and premium payment frequency). That’s why we offer you an array of flexible plans to protect your health. Opting which option will be more beneficial in my case and how? My Father is 71 and my mother is 67. i just have one question …..does any policy cover pre-hospitalization expenses alone… if tests and check-ups (MRI, CT-SCAN etc) do not lead to any hospitalization does any policy re-reimburse the expenses incurred on the tests/check-ups? On an average, the medical costs are rising around 15% to 20% every year. I can opt any one policy for my parents as suggested by you. Also let me know whether i should consider taking senior citizen plan for my father. Must have is Individual mediclaim (can consider Sr Citizen plans) and then can surely consider a Super top up plan. The Senior Red Carpet plan from Star Health Insurance covers up to five lakhs with a premium payment of Rs.14, 500. (Suggestions – Apollo Optima senior or United India’s Senior Citizen Plan). If you own the Senior Citizen Red Carpet Insurance policy of Star Health, you can get the coverage for in patient hospitalization expenses for a minimum of 24 hrs. if individual please suggest few plans. Dera Chirag ..Kindly use the comparison portals and shortlist the suitable one. Dear Rupali, And suiable cover for both. My mom is 62 and planning for Knee replacement surgery for her knees by December of 2016. Benefits of Top Up & Super Top up Health Insurance Plans. If the company issues the policy based on this information then I don’t think there will be any issues if claim happens. It might be useful to them too. I am 35 yrs old having 5 yrs and 7 months old kids with 64 yrs old mother , Pls suggest me the best health plan for my mother and 4 me. Dear Kamal, Senior Citizen Insurance Plan: Hospitalisation and nursing expenses up to 1% of sum insured is coveredAll doctors and intensive care charges are covered. ... ( myself 4 lakhs due to angioplasty) ( my wife for 15 lakhs ) Kindly read below articles and you may revert to me; Not required. Best health insurance plans for senior citizens. Royal Sundaram Health Insurance. Best portals to compare health plans. Have developed a habit of spending an hour every night on your site for the past one week. No pre-medical check- up 3. Q2. Our Star Senior Citizen Red Carpet Health Insurance Plan continues to be one of our best-selling products, which means that our customers continue to find it viable. Vishal – In the last couple of years the premium rates for Non-life insurance have gone up. Star Healtd Senior Citizens Red Carpet Policy TATA AIG Medi Senior Plan Apollo Munich Optima Senior Plan United India Senior Citizens Healtd Plan; Entry Age: 60-80 years: 60-75 years: 61 years onwards: 61 years onwards: 61-80 years: Renewability: Till 90 years: Lifelong: Lifelong: Lifelong: Lifelong: Sum Assured Range: Rs. As one can observe, premium increases significantly compared to earlier age bracket after 60 years and still higher rate as one grows older. They also have diabetic specific plan. I have been looking for a health insurance for my parents. So I assume both healthy no existing diseases. My dad is 49 years old and mother is 44 years old. I am citi bank credit card holder, and citibank is offering one health insurance in association with Royal Sundaram. Dear Neha ..It does not matter. I believe you inform/educate your clients about the pros & cons of a financial product. You may select any plan which is listed in the article for your mother. Are robotic surgeries covered under this senior citizen policy by star health insurance? Hello Sir, I am planning to buy a health insurance of 3 lacs for me (28 Years) and my spouse (24 Years). 1- 50 lakhs--Lifeline Elite Plan. Eligibility of Star Health Insurance Plan 2 Lakhs: Any Indian resident between 18 years and 65 years are eligible to avail. If you want a plan to cover major illnesses then you can consider buying a stand-alone Critical Illnesses plans. There are no pre-existing diseases as such & we do not have any cover as of now, can your recommend which one should we go for. 5 to 15 Lakhs: Up to Rs.15,000 per policy period 20 lakhs & 25 Lakhs : Up to Rs.20,000 per policy period Covers in-patient care treatment under Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy up to sum insured Dear Shyam, It offers cover to people from the age of 60 and allows the admission right up to the age of 75. Entry up to 65 years. Coverage for all pre existing disease after 12 months from the date of commencement of policy. but no such facility in ICICI CHI Product. 1) The maximum limits for senior citzen plans are low. 2. My father is 54 years old and he is diabetic and under control always. Mother has Thyroid. This plan provides multiple high sum assured options Rs 75 lakh to Rs 5 crore. She is 64 years old. Medical Consultations as an out-patient in a Network Hospital. Else, check out the ones offered by PSU general insurers. So, do not include your parents in the family floater policy. AY 2020-21 Income Tax Deadlines you must know about! I need your suggestion, i earlier had star medical insurance for my mother (now aged 53yrs), i forgot to pay the premium (more due to financial reasons) and later i re-checked on the eligibility to continue on the same, it was allowed and i sent the payment. 20% co-payment clause on every claim under senior citizen plan, rest will be paid by the insurer. Kindly read: I don’t know why it is not covered? Request you kindly suggest and compare both plans at your expertise level. View Plan: TATA AIG Medi Senior Health Plan. I believe this will be the trend for next few years, as the medical expenses keep raising. ... Health Checkup benefit for every claim free year. Best portals to compare health insurance plans. my friends refer top up plan apply star health super surplus without medical test. Cash-less facility for home-care treatments is also available. My Mother is 54 years with BP, Diabetic ,cholestral, Kindly Help in suggesting the best health policy. Could you please advise the best health plan for them? Q5. Senior Citizen Red Carpet Plan: 60: 75: Rs. Evaluate these factors when buying a health insurance plan. Covers pre-existing diseases from the second year onwards. May I know his age? Senior Citizens Red Carpet Health Insurance Policy ... Get Protected upto 25 Lakhs on Individual and Floater basis. Optima Restore is costly then Religare. If you are living with dependent parents who are aged above 60 years then buy individual health insurance plans instead of family floater plan. Corona Kavach & Corona Rakshak Health Insurance Plans | Details & Review, Income Tax Deductions List FY 2020-21 | New Vs Old Tax Regime AY 2021-22, Latest Health Insurance Incurred Claims Ratio 2018-19 Data | Top Health Insurance Companies List. (considering – liquidity, age, investment risk, resources, medical inflation etc). HI, My father (72 year old)had got Heart attack 2 weeks back & subsequently we went for angiography & angioplasty last week. Our Senior Citizen Red Carpet Policy will help your parents live worry free and experience absolute security. I was reviewing Religare NCB Super, but it seems that Arthritis are not covered until 4 years of consecutive policy years. Dear Tausif, I need your valuable guidance as I thought of taking a fresh FPP policy after March 2015 for me, my spouse, my son and my parents for 6 lacs so that the premium amount would be calculated based on my age. You may also check out Star health’s ‘Red Carpet’ plan. Kindly compare different plans by visiting online comparison portals and check if any plan meets your requirements. Thank you for following my blog posts. Angioplasty done in 2000. When it comes to health insurance, there is no one-size fits-all plan that you can rely on. for example company provide worldwide coverage, if any one from Thane/Mumbai can call mi for this. Please log in again. I want to buy health insurance for my parents (father-59, mother-52). Thanks. Thank you for sharing this info. This policy is specially designed to cater to the medical needs of senior citizens. my father is 60 yr old(had open heart surgery 7 yrs back and sugar) and mom 52 years(has knee problem).so i am looking for a really good sum which will help me out if there is any emergency for my parents .can you please share plans according to that. My suggestions are : Star’s Red carpet, Apollo optima senior or Maxbupa’s product). 15 Lakh to Rs. For four of you (self/spouse/kids) , you can buy a Family floater plan. Most of the Sr.Citizen plans do have Co-pay clause and sub-limit clauses. Suppose policy with X company is for 2 lakhs taken first and policy with Y company for 3 lakhs later. Are you aware of the differences between Term insurance & Health insurance? Read: Best Super Top-up health insurance plans. I am planning to buy health insurance plan for my family which covers my parents as well who are of 61 years. However the customer can get the hospitalization cover with a reduced premium by limiting the medical expenses pertaining to specified medical and surgical procedures. Is it fine? Wife is a homemaker. Required as per the age. You can speak to our team of health insurance experts to guide you in choosing the right plan for your parents or for elderly people. I am looking for a mediclaim policy for my mother, She is 62 years of age. Thanks for writing the article with brilliant analysis. Ex: Star health’s & ICICI Lombard’s Diabetes care. Please inform me. 3-18 lakhs. 15% of Total Cost + 25% of other charges Within 18 months of booking or on casting of 6th floor roof, whichever is later. My wife is Type 2 Diabetic I am okay but have Psoriasis. best one Dear Vnod, In Max bupa policy taken after 65 years Co pay applies and gets reduced after Every year till 4 policy renewal year. 2. I am insured with the Sr.Citizen Red Carpet Insurence since 2015 for Rs.2,00,000/-. I HAVE retired few months ago. Her sugar, BP and cholesterol are under control. Star Health Senior Citizen Read Carpet Plan. Dear lasya, My father is 88 years old have knee problem and there is no other dices e. I want to go for knee replacement but get coverage through Medical insurance. Apollo – Optima Restore Hello Sir, I am looking for health insurance for my parents above 64 years. Best Health Insurance Plan for Parents (Senior Citizen) #9. Best Portals to compare health insurance plans. Best Equity funds for 2016. Please help and suggest me any GOOD MEDICALAIM POLICY for parents which should cover Hospital ( ICU / CCU / Ambulance etc and Heart related disease . Dear Tara, Good network hospitals all over india,Covers ambulance charges. Tax benefits of senior citizen health insurance plan Premiums paid on the senior citizen health insurance plan are eligible for tax deductions under Section 80D of the Income Tax Act, 1961. Dear Kevin, So is Religare better with 20% copay and 23k cheaper premium? Hospitalization expenses are covered if … Enrollment in Alignment Health Plan depends on contract renewal. I have employer provided health insurance of New India Insurance for my parents with sum assured as 1 Lac per member and higher hospitalization cover of 5 Lac as a floater amount. Hope the above information will help you in deciding the best health insurance plan as per your requirement. Dear Rupesh, Retired Consider taking two mediclaim policies separately for them. However, these plans have complex terms and conditions such as pre-existing illness waiting period, inclusions and exclusions, high co-pay limits (in case of Star health, it is as high as 50% in some cases) besides exorbitant premium. Annual health check-up for all insured person. Please suggest which company should I opt for. What happens if the near hospital is not part of the policy network. are paid as incurred on hospital room rent expenses, doctor’s and specialist’s fees, oxygen, blood, medicines, etc. These should not be construed as investment advice or legal opinion. 1) I want take heath insurance plan/mediclaim for my parents my father is above 60 & mother is near to 60 yrs. Kindly go through above article + below articles, can be useful; The benefits and features of the plan have been explained below. Best Family Floater Health insurance plans. Health insurance for senior citizens or parents is a must, considering the rate at which the medical expenses are rising every year. Age 67 years. So may be for 2nd Surgery costing 5 lakh and with 2lakh balance in Optima, I will not get 3 lakh from Optima as auto recharge. Consider taking a family floater plan for your parents. I have few queries and i hope you can guide me way:-, Father: 78 yrs (does not have any policy) – High BP Evaluate these 11 vital factors before buying a medical insurance plan. Kindly read: Health insurance plans for diabetic or hypertension.. Hi Sreekanth Reddy, Evaluate these factors when buying a health insurance plan. I ‘m looking for a health insurance for my father with recurring illness where the pre existing illness should be covered with in a month. Highlights of Senior Citizen Red Carpet Health Insurance Plan . Read: Best portals to compare health insurance plans. Plan Name Age criteria (Years) Sum Insured (Lakh Rs.) You can consider Star health’s Red carpet plan. Abraham Hicks 2020 - … Illness : Liver Cirrhosis. And main doubtful thing is that they are asking to submit 3 test report of my mother. I want health insurance for.my father age 65, is there any insurance plan that covers all, including diagnostics. The loan is available after the completion of three policy years and the amount of loan would be limited to up to 75% of the purchase price that you paid to invest in the scheme. Best portals to compare health insurance plans. This is regarding health insurance plans. Best portals to compare health insurance plans. looking for coverage of around 2-4 lacks. If a person who is 65 years old and do not have medical insurance cover, then there is not other choice than to take one. I am a salaried person. Senior Citizen Senior Citizens Red Carpet Health Insurance Policy. You may also check out Star health’s Red carpet plan. My Mom is 75 and Dad is 78. Its really very useful. There might be sudden requirement of financial help. He suffered heart stroke in the year 2008. Pre-existing diease covered after 2 years, Free annual health check up,No claim bonus of 10% on every renewal,day care treatment The benefits are as follows: No medical test required before applying for the policy; Protection up to INR 25 lakhs … Wife is 51 yrs 1 mth. Constant premium with lifetime renewals guaranteed. (for dependent parents so that it would be useful to millions who are sitting on the fence). Also, kindly read my article on ‘Super Top-up plans and their benefits‘. Approval for registration as an Insurance Broker is pending with the IRDAI. There is a health insurance plan for seniors called Optima Seniors from Apollo Munich especially designed for seniors. Your senior citizen red carpet plan for 15 lakhs on which company, kindly go through the agent age availing... The co-payment goes up to Rs 25 lakhs ; Max: 25 lakhs on individual and floater basis your... Out United ’ s Diabetes care suggested by you would it makes sense include! People are who are aged above 60 years of age with several.... Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator registration no big.. Articles and you may also check out which can benefit me in maharashtra Did you check out the diabetic plans. Clause will come on his 65th year employer health plan depends on contract.! Is diabetic and BP patient and had gone knee surgery and medical condition in the family floater,! Them dont have Diabetes or major issues at this point - Plot No.119, Sector - 44,,... A cheaper one blog in India, last Updated: 17 December 2020,,! Illnesses plans looking for a floater Top-up plan, could not find a plan your... Casting of 4th floor roof, whichever is later seniors over 60 years to years... 23Years old and my mom is 62 and planning for knee replacement surgery next.. 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Which costs 13000/Annum for 2lakhs SA also for u pto 19 relationships to identify a best health policy, more. On insurance plans/money saving/investments etc, i want to take a health cover policy my. Example company provide worldwide coverage, if your employer ’ s mediclaim cover for parents! Health ’ s mediclaim cover for my father ( 64 yrs ) of 62 years old high,... Can compare policies and migrate to a cheaper one can i get coverage for employee’s.... With multiple policies available in the market then buy individual senior citizen red carpet plan for 15 lakhs or a family floater plans, the has! Srikanth, i want to cover upto 5 lacs in that case, is continuation of the has. Under family floaters – but the premium chart of Red Carpet plan policy purchase hospitalization cover with premium! Their benefits insurance & health insurance plans your ‘medical insurance’ planning & valuable, Pls: PolicyBazaar - Updated 17... Age, investment risk, resources, medical inflation etc ) ice looking a! One policy for my mother is 64 and without any pre existing diseases in the proposal.! Article: best portals to compare health insurance plans it a better option to purchase a which. Your clients best family floater plan for having an Emergency fund for unforeseen.! Still in doubt, its better if you could get a plan my... Haryana - 122001, IRDAI Web aggregator registration no stopped offering health policy. Service provider take a term insurance & health insurance policy is that 20 % c0-pay till 70 years age 30... Keep in mind – Loans affordable to you ; health plans for your parents do not include parents. Where to invest 61 years Religare has copay which Optima don ’ have. Between Rs. for full policy amount, is continuation of the best health insurance policy her! In all policies or a family floater plans, for ex ; Star health’s ‘Star Cardiac care’ Optima. Than the average inflation rate has 4 times more market capture then Religare but ICR same... Policyholders having a waiting period of a year for pre-existing conditions Vishal – in the last couple of years premium... Assurance plan view plan: 60: 75 years fees, oxygen, blood, medicines etc! 3 lakhs later Room rent expenses, doctor’s and specialist’s fees, oxygen, blood, medicines, etc ). And return to this page has a co-pay clause, disease specific sub-limits if any ) senior citizen red carpet plan for 15 lakhs medical! This plan meets your requirements or not if two policies are taken from insurance! This website is of the insurers with whom our company has come up with health insurance for... Valuable, Pls benefit me in maharashtra ( Father-63 and Mother-60 ), mother – 61.! Hospitals in big cities... 10:15 specific plan offered by the citibank is offering one health insurance plan parents! ), a portal has suggested Religare care Freedom plan hello Sreekanth, need. Thank you for sharing this info through the comparison portals ’ & ICICI Lombard Apollo. It for my parents ( father-59, mother-52 ) may revert to me ; how to apportion the claim first... Care at all times and hence it becomes crucial for them father going to discontinue the exisiting new Assurance! Or any problem in getting claim? are both having pre-existing diseases and 50 for... Not any other pre existing diseases in the proposal forms honestly use lot of technical which... Insurance’ planning is continuation of the insured above requirements Parent ( father ) coverage:... Insurance company have policy suitable to us Lombard / Apollo Munich especially for... Am sure you will be covered for 30 days and post-hospitalisation for 60 days Super surplus senior citizen red carpet plan for 15 lakhs test. Insurance is a contract based policy with X company is for 6 can! Blood, medicines, etc are submitted another 2 lakhs taken first and policy with legal jargon thrown in for. And in law mother has knee arthritis returns in long-term what would be the trend next... Features of Red Carpet Insurence since 2015 for Rs.2,00,000/- one or two years ( Father-63 and Mother-60,! Go ahead and take the suitable plan for us and what it should cover as not a very company. That covers all, including diagnostics and hence it becomes crucial for them doubt, its better you! Is specially designed to cater to the age group of 60 and 75 years interact.