If you are a senior citizen and planning to cover yourself against any medical emergencies or willing to take insurance plans for your parents here are a list of insurance companies which you can consider. Click to know important facts on health insurance for senior citizens in India

The good news is that many companies are now coming up with mediclaim policy specifically designed for senior citizens. For example, Sstar Health Senior Citizen Red Carpet Plan, Bajaj Allianz Silver Plan, etc. These senior citizen health insurance policies are for people aged between 65 years and 80 years.

Here are list of plans which you can consider

1. Star Health Insurance Company- Senoir Citizen Red Carpet Plan
2. Bajaj Allianz's Silver Health Plan
3. Apollo Munich Insurance Optima Senior
4. Max Bupa: Heart Beat Plan
5. National Insurance Varistha Mediclaim policy
6. New India Assurance company Senior Citizen Mediclaim Policy
7. United India Insurance: Senior Citizen Plans

Star Health Insurance Company- Senior Citizen Red Carpet Plan

• Entry of Age: 60-69 years.
• Renewal: Lifelong
• Sum Assured: Rs 1 lakh to 5 lakh
• Other details: 1) 10% co-payment for treatment in non-network hospitals, 20% copayment if the person is 56 years and above 2) For people aged 56 and above, buying silver health for the first time, 20% copayment is applicable.

Bajaj Allianz's Silver Health Plan

• Entry of Age: 46 yrs to 75 years
• Renewals upto: 75 years
• Preexisting Disease: After 1 years
• Sum Assured: 50,000- 5 lakhs
• Other details:0% co-payment the admissible claims to be paid by the member if treatment is taken in a hospital other than a network hospital. Waiver of co-payment is available on payment of additional premium.

Apollo Munich Insurance Optima Senior

• Entry age: 61 years onwards
• Renewals upto: Lifelong
• Preexisting Disease: After 3 years
• Sum Assured: 1 lakh to 5 lakhs
• Incase of no claims additional 5% discount on subsequent premiums

Max Bupa- Heartbeat Plan

• Entry age: No limit
• Renewals: Lifelong
• Preexisting Disease: After 4 years
• Sum assured: Rs 2 lakhs-3 lakhs
• Details: 20% copayment for insurer above 65 years

National Insurance Varistha Mediclaim policy

• Entry age: 60-80years
• Renewals: 90 years
• Preexisting Disease: After 1 year
• Sum assured: Rs 1 lakh (hospitalization)-2 lakh(Critical illness)
• Details: 10% copayment and 10% claim amount to be borne by insurer

United India Insurance: Senior Citizen Plans

• Entry age: 61-80 years
• Renewals: Lifelong
• Sum assured: Rs 50,000- 3 lakhs
• Details: 20% claim amount to be borne by insurer

New India Assurance company Senior Citizen Mediclaim Policy

• Entry age: 60-80 years
• Renewals: upto 90
• Preexisting disease: After 18 months
• Sum assured: Rs 1 lakh-1.5 lakhs
• Details: 10% extra basic premium plan to cover BP and diabetes

There is no perfect plan for such type of insurance, it depends on the age and cover one is looking. One should choose based on his requirements.

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