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Star Health And Allied Insurance
Star Health's Senior Citizen Red Carpet Insurance Plan is a complete health insurance policy for the senior citizen that covers medical costs due to any ailment, disease, sickness, injury or accidents. Senior Citizens require sufficient coverage at all times, and thus it becomes essential for them to have an appropriate health insurance policy. This plan is very successful because it covers pre-existing conditions from the second policy year.
For children : NA
Adults : 5 Years
Minimum : 60 years
Maximum : 75 years
Maximum Members : 3
Maximum Adults : 3
Maximum Children : NA
1 Lakh to 10 Lakh
. 10% of premium if proposer produces certain documents
. For longer policy term
. 5% Discount for Online Purchases
1, 2 years
Not Required Unless Underwriting Decision
The plan covers the expenses towards certain day-care procedures that would otherwise require hospitalization of a minimum of 24 hours.
Note: This policy does not cover the pre-hospitalization expense. In the case of packaged treatment, the post-hospitalization cost would be calculated considering room rent limit of Rs.4,000.
If you want to transfer the policy to another insurer, the plan allows you to do so without losing your accrued benefits after the waiting periods.
You can avail tax benefits for the premium amount paid towards this plan under Section 80D of the Income Tax Act,1961.
You can apply for the sum increase at the time of renewal. However, there should not be any claim made on the policy for considering the request.
You can get a daily cash allowance for up to Rs. 1,000 up to a maximum of 14 days.
Compensates you up to Rs.600 for each hospitalization towards the emergency ambulance services up to a maximum of Rs.1,200 per policy period.
For any reason, should you decide not to proceed with the policy, you can return the same and request for a refund within 15 days from the date of receipt of the policy document.
This plan has a room-rent limit of up to 1 % of sum insured up to a maximum of Rs.4,000 per day in case of normal hospitalization. 2 % of the sum insured towards ICU charges.
This plan has two co-pay clauses. 50% of claimable expenses in case of pre-existing diseases. 30% of any claimable expense.
Certain treatment has an upper limit. Some of them are listed below for a ready reference. However, the comprehensive list is available in the policy document.
A 30 days cooling off period for all claims except any arising out of accidental injuries.
The policy covers some specific diseases/treatments only after 24 months. These include Cataract, Glaucoma, Gall Bladder & Pancreatic Diseases and treatments, and so forth.
You can claim for any pre-existing conditions after 12 months from the policy start date.
The Plan will not cover any liabilities towards the treatments of following conditions-
The detailed list of what the policy does not cover is available in the policy wording.
Star Health's Red Carper for Senior Citizens Plan is a wholesome coverage for the elderly community. 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. The premiums are also quite pocket-friendly considering the benefits on offer. Thus, if you are looking for a unique plan for your aging parents, you should consider Star Health's Red Carpet Policy.**Reviews and ratings are based only on Benefits and Conditions. Things like Claim Settlement Ratio, Hospital Network have not been covered under product ratings. These are covered under Company ratings.