*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Considering the increasing percentage of medical inflation in India, it has become an absolute necessity to buy adequate health insurance for your loved ones. And if they are your elderly parents, then it is all the more imperative to get them medical insurance cover.
As they get older, the vulnerability to ailments increases that lead to repeat hospital visits. In case you have a group health insurance policy from your employer that covers your elderly parents, it still won’t be enough to cover their health risks. Therefore, it is sensible to buy the right senior citizen health insurance policy for them.
More often than not, senior citizen health plans come with their own set of limitations like higher premiums, stringent medical checkups, co-payments and waiting periods. Hence, it becomes imperative to look out for some variables, while buying a senior citizen health insurance, such as:
We have handpicked the best health insurance plans for senior citizens and how you should go about picking the right health insurance plan to ensure adequate coverage.
Insurer | Health Insurance Plan Name | Age Criteria | Maximum Renewal Age | Sum Assured (in Rs.) | Unique Selling Proposition | |
Aditya Birla Health Insurance | Activ Care Senior Citizen Plan |
Min: 55 years Max: 80 years |
- |
Standard: Max 10 lakhs Classic: Max 10 lakhs Premier: Max 25 lakhs |
International and domestic emergency assistance & air ambulance cover | View Plan |
Bajaj Allianz Health Insurance | Silver Health Plan |
Min: 46 years Max: 70 years |
Lifelong |
Min: 50,000 Max: 5 lakhs |
130- daycare procedures are covered | View Plan |
Bharti AXA Health Insurance | Smart Super Health Insurance Plan | 18-65 years | - |
Min: 5 lakhs Max: 1 Crore |
Ayush treatment cover | View Plan |
Care Health Insurance (Formerly known as Religare Health Insurance) | Care Health Senior Citizen Health Insurance Plan |
Min: 46 yrs. Max: Lifelong |
Lifelong |
Min: 3 lakhs Max: 10 lakhs |
Global healthcare treatment | View Plan |
Cholamandalam Health Insurance | Individual Healthline Plan |
Min: 3 months Max: 65 years |
Lifelong |
Min: 2 lakhs Max: 25 lakhs |
Ayush treatment cover | View Plan |
Digit Health Insurance | Digit Health Insurance | N/A | N/A | N/A | N/A | View Plan |
Edelweiss Health Insurance | Health Insurance Platinum Plan | Any age | - |
Min: 15 lakhs Max: 1 Crore |
No Capping on ICU charges | View Plan |
Future Generali Health Insurance | Health Suraksha Individual Plan | Up to 70 years with lifetime renewal | Lifelong |
Min: 5 lakhs Max: 10 lakhs |
Both individual & family floater option | View Plan |
HDFC ERGO Health Insurance (formerly known as Apollo Munich Health Optima Senior) | Health Optima Senior Plan |
Min: 61 yrs. Max: No Age limit |
Lifelong |
Min: 2 lakhs Max: 15 lakhs |
Covers 140 day-care procedures | View Plan |
HDFC ERGO General Insurance | My: health Medisure Classic Insurance Plan | No upper age limit | - |
Min: 2 lakhs Max: 5 lakhs |
Ayurvedic treatment cover | View Plan |
IFFCO Tokio Health Insurance | Individual Medishield Plan | 3 months- 80 years | Lifelong |
Min: 50,000 Max: 5 lakhs |
Ayush hospitalization cover | View Plan |
Kotak Mahindra Health Insurance | Kotak Health Care Plan | Up to 65 years | Lifelong |
Min: 2 lakhs Max:100 lakhs |
Add-on covers | View Plan |
Liberty Health Insurance | Health Connect SupremePlan | Up to 65 years | Lifelong |
Min: 2 lakhs Max: 15 lakhs |
Flexi policy term & restoration of sum assured | View Plan |
Max Bupa Health Insurance | Health Companion Family Floater Plan | No Age Limit | Lifelong |
Min: 2 lakhs Max: 1 Crore |
No room rent capping | View Plan |
Manipal Cigna Health Insurance | Lifestyle Protection Accident Care Plan | up to 80 years | Lifelong |
Min: 50,000 Max: 10 Crores |
Orphan benefit | View Plan |
National Health Insurance | National Insurance - Varishtha Mediclaim Policy for Senior Citizens | 60 - 80 years (renewable up to 90 years of age | 90 years | Mediclaim - 1 lakh Critical illness - 2 lakhs | Affordable plan with valuable features | View Plan |
New India Assurance Health Insurance | Senior Citizen Mediclaim Policy | 60 - 80 years (renewable up to 90 years of age | Lifelong |
Min: 1 lakh Max: 1.5 lakhs |
Affordable & comprehensive | View Plan |
Oriental Health Insurance | Oriental Insurance Hope Plan |
Min: 60 yrs. Max: No limit |
Lifelong |
Min: 1 lakh Max: 5 lakhs |
No upper cap on the entry age | View Plan |
Raheja QBE Health Insurance | Raheja QuBE Health Insurance Plan | Up to 65 years | Lifelong |
Min: 1 lakh Max: 50 lakhs |
Individual and Floater cover | View Plan |
Royal Sundaram Health Insurance | Royal Sundaram Lifeline Elite Plan |
Min: 18 yrs. Max: No Age Limit |
Lifelong |
Min: 25 lakhs Max: 150 lakhs |
Worldwide emergency hospitalization cover | View Plan |
Reliance Health Insurance | Reliance Health Gain Insurance Plan | Entry up to 65 years | Lifelong |
Min: 3 lakhs Max: 18 lakhs |
No-Claim Bonus | View Plan |
Star Health Insurance | Red Carpet Plan |
Min: 60 years. Max: 75 years |
Lifelong |
Min: 1 lakhs Max: 25 lakhs |
Pre-existing diseases covered from the second year | View Plan |
SBI Health Insurance | Arogya Top Up Policy | Entry up to 65 years | Lifelong | 1-5 lakhs 1- 10 lakhs (with deductibles) |
Pre-medical test after 55 years | View Plan |
Tata AIG Health Insurance | Medi Senior Health Plan |
Min: 61 yrs. Max: No limit |
Lifelong |
Min: 2 lakhs Max: 5 lakhs |
Covers kidney and other organ transplants | View Plan |
United India Health Insurance | Senior Citizen Mediclaim Policy | 61 - 80 years | Lifelong |
Min: 1 lakh Max: 3 lakhs |
Ayush hospitalization cover | View Plan |
Universal Sompo Health Insurance | Senior Citizen Health Care Plan | 60 years and above | Lifelong |
Min: 1 lakh Max: 5 lakhs |
Specific critical illness cover | View Plan |
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This is health insurance policy by Aditya Birla that has been designed to cover senior citizens. Buying a health insurance plan can be a daunting task amid so many limitations. However, this health insurance policy offers coverage to people up to the age of 80 years. And the benefits that they can avail are given below:
Policy Coverage, Benefits, and Features
Limitations:
Bajaj Allianz is a brand that is known to come up with customer-oriented insurance plans. Silver Health is one such plan, offering health insurance to senior citizens.
Policy Coverage Benefits and Features:
Limitations:
Elderly people up to the age of 65 years are suitable to buy this policy. However, the sum assured ranges from Rs. 5 lakhs to Rs. 1 Crore, as senior citizens require a higher coverage amount to get treatment for major illnesses at their age. Check out what the plan has to offer:
Policy Coverage, Benefits and Features:
Limitations:
Care Health Insurance (Formerly known as Religare Health Insurance) has designed this plan for people above the age of 46 years. It makes a perfect health plan for senior citizens as there is no upper age bar. Here are some of the plan coverage, benefits and limitations:
Coverage Benefits and Features
Limitations:
Chola Individual Healthline plan is an insurance policy that is suitable for senior citizens as the entry age limit is up to 65 years and comes with lifelong renewability option. This policy is available in three variants i.e. Standard, Advanced, and Superior.
Policy Coverage, Benefits and Features:
Limitations:
The platinum plan is a perfect health insurance policy for senior citizens as it does not have any age criteria. And if you are looking for a 1 Crore health insurance policy check out some unique offering of this health scheme:
Coverage, Benefits and Features:
Limitations:
Future Generali health Suraksha plan is an insurance policy that offers coverage to individuals up to the age of 70 years. It makes a suitable health plan for senior citizens for the following features and benefits as listed below:
Policy Coverage, Benefits and Features:
Limitations:
For senior citizens this is a perfect health insurance policy as it offers coverage to people above the age of 61 years. It can be difficult to get health cover at such an age but with this health plan it is possible:
Policy Coverage, Benefits and Features:
Limitations:
HDFC ERGO my: health Medisure Classic is an insurance policy with no age restrictions, and this is what makes it an ideal choice for senior citizen health cover. Check out some unique offering of this health scheme:
Policy Coverage, Benefits and Features:
Limitations:
IFFCO Tokio Individual Medishield Plan is an insurance policy that offers insurance cover to applicants up to the age of 80 years, and this is what makes it an ideal choice for senior citizens. Checkout some unique offering of this scheme:
Policy Coverage, Benefits and Features:
Limitations:
Kotak health care plan offers coverage to individuals up to the age of 65 years. This is a suitable plan for senior citizens who are between the age group of 60 years and 65 years and it comes with lifetime renewability option. Let's check out the plan benefits and feature below:
Policy Coverage, Benefits and Features:
Limitations:
Liberty Health Connect Supreme is an insurance policy that offers coverage to individuals up to the age of 65 years. Moreover, there are no restrictions on the policy renewal. Check out the policy offerings here:
Policy Coverage, Benefits and Features:
Limitations:
This is a perfect health insurance plan for senior citizens as there is no age bar to get enrolled in this policy. Moreover, it offers lifetime renewal options. Check out the policy details below:
Policy Coverage, Benefits and Features:
Limitations:
This health plan is recommended for senior citizens as the age limit for coverage is up to 80 years. This policy can be purchased along with a basic health plan. Check out some unique features along with limitations under this health plan:
Policy Coverage, Benefits and Features:
Limitations:
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.
National Insurance is the oldest and one of the biggest players in the insurance sector. The name holds repute among customers and the insurance fraternity for its innovative plans and hassle-free claim settlement. Varistha Mediclaim available for senior citizens in terms of coverage as well as premium.
Policy Coverage Benefits and Features:
Limitations:
New India Assurance Senior Citizen Mediclaim Policy offers a standard coverage at the lowest premium among all the health insurance plans available for senior citizens in the market.
Policy Coverage Benefits and Features:
Limitations:
Pre-acceptance health check-up required for new entrants. However, the health check is waived for those who are already insured with the insurer
HOPE comes from Oriental Insurance, is the most popular health insurer among customers not just for its products but also for its high claim settlement and high incurred claim ratios. HOPE offers coverage for specified diseases at an optimum premium.
Policy Coverage Benefits and Features:
Limitations:
Raheja QuBE Health Insurance policy can be purchased for individuals up to the of 65 years. This health insurance scheme is available in 4 variants i.e. That is basic, comprehensive, super and A-LA-CARTE. Let's check out some of the benefits and limitations of this medical insurance plan:
Policy Coverage, Benefits and Features:
Limitations:
Royal Sundaram Lifeline Elite plan is a comprehensive insurance policy that offers an all-inclusive health cover to the insured members without any bar on the upper age limit. This health scheme is suitable for senior citizens because of its wide coverage amount and extensive coverage benefits. Check out some of the policy features and limitations as given below:
Policy Coverage, Benefits and Features:
Limitations:
Reliance Health Gain Insurance policy offers coverage to individuals up to the age of 65 years. Moreover, there are no restrictions on the policy renewal. Checkout some of the policy benefits and features here:
Policy Coverage, Benefits and Features:
Limitations:
Star Health was one of the first insurers in India to design and introduce a health insurance plan pertaining to the selective needs of senior citizens. It was also the first plan that increased the maximum entry cap from 69 years to 75 years. Star Health Red Carpet has made it to our list because of the extensive coverage it offers.
Policy Coverage Benefits and Features:
Limitations:
Elderly people who have not crossed the benchmark of 65 years of age can consider getting coverage under this top-up plan. And the benefits that a policyholder can avail are given below:
Policy Coverage, Benefits and Features:
Limitations:
Tata AIG - MediSenior is a health insurance policy for senior citizens above the age of 61 years. The benefits and limitations for the policyholders under this policy are given below:
Policy Coverage, Benefits and Features:
Limitations:
United India Senior Citizen Health Insurance is a policy for people who are aged between 61 and 80 years. The plan offerings and limitations are mentioned below:
Policy Coverage, Benefits and Features:
Limitations:
Universal Senior Citizen health insurance plan has been designed for individuals above the age of 60 years. Usually, it is difficult to find health cover as you age but this one is especially designed for senior citizens. Mentioned below are some of the advantages of buying this health policy:
Policy Coverage, Benefits and Features:
Limitations:
The above stated plans are some of the leading health plans available in the market for senior citizens. Someone who relied on employer health policy for all his life and now post retirement left without health coverage, can bank on these insurance options.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.
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