Best Health Insurance Plans for Older Parents in India


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Older parents have specialised health insurance needs. Since they might have prevailing ailments, they require a health plan which covers their illnesses after a short waiting period, allows good coverage features and charges a low premium rate too. Bearing these health insurance needs of parents, insurers have designed specialised parents health insurance plans. These plans are also called senior citizen health plans.

Here are the Best Health Insurance Plans for Older Parents in India:

Plan name Allowed sum insured limit Pre-existing waiting period Salient coverage benefits
United India Senior Citizen Health Plan Rs.1 lakh to Rs.3 lakhs 4 years Cashless treatments at more than 7000 hospitals across India

Day care and AYUSH treatments are covered

Free medical check-ups after three claim-free years

Star Senior Citizens Red Carpet Health Plan Rs.1 lakh to Rs.10 lakhs 1 year The policy is issued without any medical check-ups

Lifetime renewal facility is available under the plan

High sum insured limits of up to Rs.10 lakhs

Medical consultations taken on an outpatient basis are covered

Cashless hospitalisation facility across more than 8400 hospitals in India

Religare Care Freedom Rs.3 lakhs to Rs.10 lakhs 2 years 100% sum insured restoration

Free annual health check-ups

Allowance for consumables

Coverage for dialysis

A lump sum companion benefit for a hospital stay of more than 10 days

Oriental Insurance HOPE (Health of Privileged Elder) Rs.1 lakh to Rs.5 lakhs 2 years Premium discount if voluntary co-payment is chosen

No claim discount in renewal premium if no claim is made during the policy year

Accidental injuries and other specified ailments are covered

New India Assurance Senior Citizen Mediclaim Policy Rs.1 lakh and Rs.1.5 lakhs 1.5 years AYUSH treatments are covered

Premiums staring at Rs.3850

10% discount each for choosing voluntary deductible and for covering spouse

Free health check-ups once every 4 policy years

Bajaj Allianz Silver Health Plan Rs.50,000 to Rs.5 lakhs 1 year 10%b cumulative increase in sum insured for each successive claim-free year up to a maximum of 50%

Free health check-ups after 4 continuous policy years

Easy claim settlement through a dedicated app

5% premium discount for covering spouse too

Coverage for 130 day care treatments

You can choose any plan for covering your parents. All the above-mentioned plans are some of the best health insurance plans for parents. They not only give good coverage benefits, the premiums are also affordable. Moreover, each insurance company has a wide network of preferred hospitals for cashless settlement of claims. These health insurance plans also allow tax deduction under Section 80D for up to Rs.50, 000 since parents are senior citizens. So, choose a desired plan and get your parents comprehensive health insurance coverage.

Choose wisely!

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Mar 18, 2021
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