<strong>₹5 Lac</strong> Health Cover for <strong>Senior Citizens</strong> starts <strong>@ ₹300/<span>month*</span></strong> with no upper age limit
₹5 Lac Health Cover for Senior Citizens starts @ ₹300/month* with no upper age limit
₹5 Lac Health Cover for Senior Citizens starts @ ₹300/month* with no upper age limit
250+ Plans 18 Insurance Companies
₹ 5 Lakh Coverage @ ₹ 10/day
7 Lakh+ Happy Customers

Health Insurance Plans for Parents Above 55-60 Years

Are you planning to buy health insurance for your parents? Well, the Indian Insurance market is currently flooded with healthcare plans specifically designed for senior citizens or elderly parents above 60 years. And many insurance providers also offer family floater healthcare plans specifically designed for families consisting of senior citizens. However, the options tend to limit down if the age of your parents is more than 50 years. Also, purchasing a family floater mediclaim policy that covers your parents would mean a higher premium depending on the age of the eldest parent. The primary reason is the age vs. health risk metrics. As the age of the parent increases, the risk factor and the probability of filing a claim also rises.

The good news is that many companies are now coming up with mediclaim plans specifically designed for senior citizens. For example, Star Health Senior Citizen Red Carpet Plan, Bajaj Allianz Silver Plan, etc.

 

The Star Health Senior Citizen Red Carpet policy covers elderly people in the age group of 60-69 years. Although there is a co-payment of 50%, no medical tests are required at the time of policy purchase. Similarly, Bajaj Allianz Silver Plan covers people as old as 75 years and the policy can be renewed until the applicant is 80 years. And the sum insured options start from Rs. 50,000 to Rs. 5 lakh.

If you are looking to buy health insurance for your family from a government-backed insurance provider then you can consider the Varistha Mediclaim policy by National Insurance Company. It requires no medical tests if your parents are already insured under a health plan. It also provides No-Claim-Bonus and covers pre-existing diseases after one year of policy purchase date. Similarly, Oriental Hope Senior Citizen health insurance plan comes with no upper age limit and covers 11 specified critical illnesses like Accidental Injury, Knee Replacement, Cardio Vascular Diseases, Chronic Renal Failure, Cancer, Hepato-Biliary Disorders, Chronic Obstructive Lung Diseases, etc.

As there are a number of health insurance plans that are available in the market, it is important to compare and then zero down on the best mediclaim policy for parents.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Below are some of the best medical insurance plans that you can consider for your elderly parents:

Health Insurance Plan for Parents Entry Age Criteria Sum Insured (in Rs.) Co-pay Clause Pre-medical tests  
Aditya Birla Activ Care Senior Citizen Health Plan
  • Min: 55 years
  • Max: 80 years
  • Standard: Max 10 lakhs
  • Classic: Max 10 lakhs
  • Premier:  Max 25 lakhs
N/A  Required

View Plan

Bajaj Allianz Silver Plan
  • Min: 46 yrs.
  • Max: 70 yrs.
  • Min: 50,000
  • Max: 5 lakhs
10% to 20% Above 46 years

View Plan

Bharti AXA Senior Citizens
Health Insurance
  • 18-65 years
  • Min: 5 lakhs
  • Max: 1 Crore
N/A N/A

View Plan

Chola Individual Insurance Plan
  • Min: 3 months
  • Max: 70 yrs.
  • Min: 2 lakhs
  • Max: 25 lakhs
10% for 55 years and above Not required up to 55 years of age

View Plan

Digit Health Insurance
  • N/A
  • N/A
N/A N/A

View Plan

Edelweiss Health Insurance Platinum Plan
  • Any age
  • Min: 15 lakhs
  • Max: 1 Crore
20%  Required

View Plan

Future Health Suraksha Individual Plan 
  • Upto 70 years with lifetime renewal
  • Min: 5 lakhs
  • Max: 10 lakhs
Zone-wise capping 46 years of   age and above

View Plan

HDFC ERGO  Easy Health Plan (formerly known as Apollo Munich Health Optima Senior) 
  • Min: 61 yrs.
  • Max: No Age limit
  • Min: 2 lakhs
  • Max: 15 lakhs

15 to 30% on room rent

30% of specific illnesses

15% on daycare procedures

 N/A

View Plan

HDFC ERgo my :health Medisure Classic Insurance
  • No upper age limit
  • Min: 2 lakhs
  • Max: 5 lakhs
N/A Required

View Plan

IFFCO Tokio Individual Medishield Plan
  • 3 months- 80 years
  • Min: 50,000
  • Max: 5 lakhs
N/A After 60  years

View Plan

Kotak Mahindra Family Health Plan
  • Up to 65 years
  • Min: 2 lakhs
  • Max:100 lakhs
N/A N/A

View Plan

Liberty Health Insurance
  • Up to 65 years with lifetime renewal
  • Min: 2 lakhs
  • Max: 15 lakhs
N/A Required after 55 years of age

View Plan

Max Bupa Health Companion Family Floater Plan
  • No Age Limit
  • Min: 2 lakhs
  • Max: 1 Crore
20% co-payment for people above 65 years of age above 45 years of age

View Plan

Manipal Cigna Lifestyle Protection Accident Care
  • up to 80 years
  • Min: 50,000
  • Max: 10 Crores
N/A N/A

View Plan

National Insurance - VARISHTHA Mediclaim Policy for Senior Citizens
  • 60 - 80 years (renewable up to 90 years of age
  • Mediclaim - 1 lakh 
  • Critical illness - 2 lakhs
10% Required

View Plan

New India Assurance Senior Citizen Mediclaim Policy
  • 60 - 80 years (renewable up to 90 years of age
  • Min: 1 lakh
  • Max: 1.5 lakhs

10% loading for 81-; 85 years

20% loading for 86-90 years 

Required

View Plan

Oriental Insurance Hope Plan
  • Min: 60 yrs.
  • Max: No limit
  • Min: 1 lakh
  • Max: 5 lakhs
20% Not Required

View Plan

Religare Care Senior Citizen Health Insurance Plan
  • Min: 46 yrs.
  • Max: Lifelong
  • Min: 3 lakhs
  • Max: 10 lakhs
20% for 61 years and above Not required

View Plan

Raheja QuBE Health Insurance
  • Up to 65 years
  • Min: 1 lakh
  • Max: 50 lakhs
N/A N/A

View Plan

Royal Sundaram Lifeline Elite Plan
  • Min: 18 yrs.
  • Max: No Age Limit
  • Min: 25 lakhs
  • Max: 150 lakhs
N/A Required in case of pre-existing illnesses

View Plan

Reliance Health Gain Insurance Plan
  • Entry up to 65 years
  • Min: 3 lakhs
  • Max: 18 lakhs
20% Required as per the age

View Plan

Star Health Red Carpet Plan
  • Min: 60 years.
  • Max: 75 years
  • Min: 1 lakhs
  • Max: 25 lakhs
50% for pre-existing diseases Not required

View Plan

SBI - Arogya Top Up Policy
  • Entry up to 65 years
  • 1-5 lakhs
  • 1- 10 lakhs (with deductibles)
N/A After 55 years of age

View Plan

TATA AIG Medi Senior Health Plan
  • Min: 61 yrs.
  • Max: No limit
  • Min: 2 lakhs
  • Max: 5 lakhs
 15% to 30% Required

View Plan

United India - Senior Citizen Mediclaim Policy
  • 61 - 80 years
  • Min: 1 lakh
  • Max: 3 lakhs
N/A Required and reimbursed only 50%

View Plan

Universal Senior Citizen Health Insurance Plan
  • 60 years and above
  • Min: 1 lakh
  • Max: 5  lakhs
10, 15 & 20% Required

View Plan

See More Plans

*The options mentioned-above represent no chronological order. The options are subjected to one's subjective needs.

As there are number of health plans that are available for your elderly parents, it is easier to find the right one based on your needs and requirements. You can either select any of the above-mentioned plans or check-out more senior citizen health plans to ensure that your parents get the best medical treatment in their golden years.

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