The older you get, the probability of illness increases, and your health require more and more frequent medical attention. Thus, it becomes imperative to have health insurance for senior citizens handy to ensure that they can treat old-age related health issues; without compromising especially based on financial grounds. However, like all other insurance, we iterate […]
Articles Tagged: Senior Citizen Health Insurance
How to buy the best insurance cover for senior citizen parents?
It’s best to buy insurance at an early age but most of our parents are either without an insurance cover or very inadequate cover. A standalone health insurance policy is often the best choice, but expensive to buy after 60. Here are some other options. Published in MoneyControl, Mar 09, 2022 || Written By – ABHISHEK […]
What should you consider while buying health insurance for senior citizens?
People who are looking for health insurance for their senior citizen parents, or senior citizens who want to buy health insurance for themselves, should consider the following points which will help them to buy the right policy: Age: Most health insurance companies offer policies for senior citizens, but they limit the entry age to 65. […]
How does portability work in case of Senior Citizen Health Insurance?
In case you are not satisfied with the services and coverage of your senior citizen health insurance, you can think of porting the policy. The portability also results in waiving off the waiting period for pre-existing ailments with the new insurer. If you served the same number of years in the current insurance policy. Also, […]
Should You Include Dependent Parents of Employees in Group Health Insurance?
Allowing the inclusion of parents of employees under the group health insurance policy has its own advantages and disadvantages. While including them or not should entirely be your decision, understanding the implications will help make an informed decision. Advantages of Inclusion Disadvantages of Inclusion A great relief to the employees Increased claim rate Very few […]
Age required to Buy a Senior Citizen Insurance Plan
Senior citizen health insurance policies are specifically designed to provide coverage for older individuals. This post provides some basic information on the age required to buy a senior citizen insurance plan. Minimum and maximum entry age for Senior citizens Since senior citizens are those aged 60 and above, senior citizen plans to fix the minimum […]
What Constitutes a Best Senior Citizen Health Insurance Policy?
Considering the current medical inflation rate, any medical emergency is enough to put pressure on your finances. Hospital bills can rise further, especially during old-age when medical care becomes more frequent. Therefore, it makes sense to buy the best health insurance for senior citizens to get financial coverage in case medical emergency strikes. Either you […]