Read why Senior Citizen health insurancee is important? Know all about it on Coverfox
Old age brings multiple illnesses that are expensive to treat. Many insurance companies offer health insurance plans for senior citizens. These health insurance plans cover many types of medical expenses incurred by the policyholders.
A senior citizen health insurance policy offers medical coverage to individuals above 60 years of age. Some of the unique benefits of senior citizen health insurance are cashless hospitalisation, cover for pre-existing conditions, daycare expenses, no medical test required and a higher sum insured is available.
With increasing age comes the risk of contracting ailments and falling sick. Since the later years of our lives are physically more challenging and monetarily less sound, having a health insurance policy to take care of medical emergency is a clever move. Health insurance policies for senior citizens offer various features such as critical illness cover, cashless hospitalisation, specific cover for diseases like stroke, cancer, and so on. Let's read why senior citizen health insurance is important.
In various unforeseen medical emergencies, a senior citizen health insurance policy will help you cope up with the situation. Following are a few critical features which explain why senior citizen health insurance is important.
The key benefits of senior citizen health insurance are:
Buying a health insurance policy for senior citizens should be carefully done as you would want them to give maximum coverage possible for their increased healthcare requirements. Keep the following points in mind while selecting a health insurance policy for senior citizens.
Waiting period:
What is covered?
Waiting period:
What is covered?
Waiting period:
What is covered?
With the steady rise in medical costs, it is difficult for senior citizens to pay for their medical bills. Over recent years, the life expectancy of an average Indian citizen has increased with advanced healthcare facilities. Senior citizens who don’t have regular income may not be able to afford quality medical treatment. This is why senior citizen health insurance is required to get timely medical treatment for planned as well as emergency hospitalisation.
Recommended Link: Best Senior Citizen Health Insurance Policies in India