Health Insurance For Senior Citizens

Health Insurance For Senior Citizens

WHY BAJAJ ALLIANZ SILVER HEALTH PLAN?

Private healthcare is becoming increasingly unaffordable owing to the rise in the cost of treatment, which leads us squarely to exorbitant medical bills. All it may take is one medical emergency/critical illness to wash out all your life s savings. Moreover, healthcare costs increase with age, when you may need more expensive treatments too. But affordable insurance does t have to be only for the young.
Our Silver Health plan is an exclusive health insurance policy for senior citizens that protects them from healthcare expenses. You can now spend your golden years, whether or not you retire, without any financial worries related to healthcare.
Our Silver Health Plan is a comprehensive medical insurance policy for senior citizens that provides financial security for critical illnesses, hospitalization, medical check-ups and more.

Invest in a health insurance policy for senior citizens and save your parents and yourself from financial setback brought on by unforeseen situations.

WE OFFER A WHOLE LOT WHEN IT COMES TO SILVER HEALTH PLAN

KEY FEATURES

A Mediclaim policy that offers complete health insurance solutions for senior citizens with a wide range of features:

Pre-existing illness cover:
This policy covers pre-existing illnesses until 1 year after your policy is issued.

Waiver of co-payment:
You can opt for co-payment waiver. Co-payment is a voluntary amount (%) that you can opt to pay from the overall Mediclaim while the rest of it is taken care of by us.

Cumulative bonus:
Avail 10% cumulative bonus up to your limit of indemnity for every claim-free year, maximum limit up to 50%.

Pre and post hospitalization:
Covers pre and post hospitalization expenses up to 60 and 90 days respectively.

High entry age:
This policy covers members up to 70 years of age.

Ambulance cover:
This policy covers ambulance charges in an emergency, subject to a limit of Rs 1,000.

Free health check-up:
Avail free health check-up at our designated medical centers at the end of four continuous claim-free years.

Avail free health check-up at our designated medical centers at the end of four continuous claim-free years.

THAT'S NOT ALL, HERE ARE ADDITIONAL BENEFITS WITH YOUR SENIOR HEALTH PLAN

Health Insurance Plans With Various Benefits Especially Formulated To Protect Senior Citizens From Extensive Medical Bills:


Cashless facility:
Avail access to cashless facility at over 6,500+ hospitals in India.

Tax saving:
Avail income tax benefit under Section 80D of the Income Tax Act.*
*On opting for Senior Health Plan for your parents, you can avail Rs 25,000 per annum as a deduction against your taxes (provided you are not over 60 years). If you pay a premium for your parents who are senior citizens (age 60 or above), the maximum health insurance benefit for tax purposes is capped at Rs 50,000. As a taxpayer, you may, therefore, maximise tax benefit under Section 80D up to a total of Rs 75,000, if you are below 60 years of age and your parents are senior citizens. If you are above the age of 60 years and are paying a medical insurance premium for your parents, the maximum tax benefit under Section 80D is, then, Rs 1 lakh.

Hassle Free Cashless Treatment:
Our in-house claim settlement team ensures a quick, smooth and easy claim settlement process. Also, we offer cashless claim settlement at more than 6,500+ network hospitals across India. This comes in handy in case of hospitalization or treatment wherein we take care of paying the bills directly to the network hospital and you can focus on recovering and getting back on your feet.

Family Discount: Avail a family discount of 5% for each member of your family covered under this policy.

Customized Plans:
This policy offers innovative packages customized especially to fulfil your requirements.

Inclusion:

Pre and Post Hospitalization:
Covers hospitalization expenses at an amount equivalent to 3% of the admissible pre and post hospitalization expenses.

Ambulance Charge:
Covers ambulance charges in an emergency subject to a limit of 1000.

Pre- Existing Illness Cover:
Covers pre-existing illness one year after your policy issuance.

Exclusion:

1. Diseases such as hernia, piles, cataract and prostatic will not be covered until a waiting period of one year.

2. No allopathic medicines.

3. All expenses arising from AIDS and related disorders.

4. Cosmetic, aesthetic, or related treatment

5. Any disease or ailment arising due to use of intoxicating drugs and alcohol

6. Joint Replacement Surgery

07.Any disease contracted during the first 30 days of commencement of the policy.

08.Treatment of any mental illness or psychiatric illness.