Senior Citizens Red Carpet Health Insurance Policy

Highlights

Cover till 75 years
For Senior citizens aged between 60 to 75 years.

No pre-acceptance medical screening
Pre-insurance medical test is not required.

Covers pre-existing diseases
Covers pre-existing diseases from the second year onwards.

Flexible policy basis
Get Protected up to 25 Lakhs on Individual and Floater basis

Medical Consultations
Medical Consultations as an out-patient in a Network Hospital.

Constant premium
Constant premium with lifetime renewals guaranteed.

New Features:
Three additional Sum Insured Options namely Rs.15 lacs, Rs.20 lacs and Rs.25 lacs introduced
Policy is available for 1 / 2 / 3 year which can be renewed. Where the policy is issued for more than 1 year, the Sum Insured is for each year, without any carry over benefit thereof
Policy can be issued both on Individual and Floater Basis
Cataract limits revised
Outpatient consultation in network hospitals
Cost of Health Checkup

Hospitalization Coverage:
Protects the insured for in patient hospitalization expenses for a minimum of 24 hrs. These expenses include room rent, nursing and boarding charges, Surgeon, Anesthetist, Medical Practitioner, Consultants, Specialist Fees, Cost of Medicines and Drugs up to the limits specified.
Ambulance charges for emergency transportation to hospital as per specified limits.
Pre hospitalization expenses up to 30 days prior to date of hospitalization
Post-hospitalization paid as lump-sum up to the limit specified.
Expenses on Medical Consultations as an Outpatient in a Network Hospital up to the limits specified.
Cost of Health Check up for every claim free year up to the limits specified
All day-care procedures covered.
Sub-limits applicable for specified illness/ disease.
Coverage for Modern Treatment

Instalment Facility:
Premium can be paid Monthly, Quarterly and Half Yearly. Premium can also be paid Annually, Biennial (once in 2 years) and Triennial (once in 3 years).

Eligibility
Any person between 60 and 75 years of age at the time of entry can take this insurance policy.

General Terms
Pre-Existing Diseases / Illness :
Covered after 12 months of continuous coverage

Pre- Acceptance medical screening:
There is no pre-acceptance medical screening. However if following medical records of the person proposed for insurance are submitted, a discount of 10% of is allowed.
Stress Thallium Report
BP Report
Sugar (blood & urine) (Fasting / Postprandial)
Blood urea & creatinine

Tax Benefits:
Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.

Free Look Period: At the time of inception of the policy, the Insured will be allowed a period of 15 days from the date of receipt of the policy to review the terms and conditions of the policy and to return the policy if not acceptable. In such a case, the premium refund shall be as follows :
If the Insured has not made any claim during the free look period, the Insured shall be entitled to a refund of the premium paid less any expenses incurred by the Insurer on medical examination of the insured persons and the stamp duty charges or where the risk has already commenced and the option of return of the policy is exercised by the policyholder, a deduction towards the proportionate risk premium for period on cover or where only a part of the insurance coverage has commenced, such proportionate premium commensurate with the insurance coverage during such period.
Free look period shall not be applicable at the time of renewal.

Co-Payment:



Star Advantages
No Third Party Administrator, direct in-house claim settlement.
Faster and hassle-free claim settlement.
Cashless hospitalization.