Senior Citizen Red Carpet Policy
Turning sixty is a major milestone and for most people, a time to start being more careful about their health. It is a matter of concern that insurance policies are hardly available to address this critical requirement. STAR Health is proud to introduce a health insurance policy aimed specifically at senior citizens. It provides cover for anyone over the age of 60 and permits entry right up to the age of 69 with continuing cover after that. It is our way of caring for a generation that has done so much to build the country we have today.
Major Product Features
- For people aged between 60 and 69 years
- Guaranteed renewals beyond 69 years
- No pre-insurance medical test is required
- Treatment at network hospitals only
- All pre-existing diseases are covered, except those for which treatment or advice was recommended by or received during the immediately preceding 12 months from the date of proposal
The Benefits
- Hospitalization Cover: In-patient hospitalization expenses for a minimum of 24 hours. Includes room rent and boarding @ 1% of sum insured
- ICU expenses per day @ 2% of sum insured
- Nursing expenses
- Fees for Doctor / Surgeon / Consultant / Anesthetist per illness @ 25% of sum insured
- Cost of Blood, Oxygen, Pacemaker
- Cost of Drugs and Diagnostic tests @ 50% of sum insured per hospitalization
- Treatments for Cardiovascular Diseases / Cerebrovascular Accident / Cancer and breakage of bones, up to Rs.75,000/-
- Cataract (both eyes included), up to Rs.15,000/-
- Renal complications, up to Rs.75,000/-
- All other Major Surgeries, up to Rs.60,000/-
- Emergency ambulance charges for transporting the insured person to the hospital @ Rs.750 per hospitalization and Rs.1500 per policy period
- A lump sum calculated at 7% of the hospitalization expenses is payable towards post-hospitalization, subject to a maximum of Rs.5000/- per occurrence as per the policy
Policy Premium
- A flat premium of Rs.4908/- for a sum insured of Rs.1,00,000/- per annum and Rs.9,326/- for a sum insured of Rs.2,00,000/- , irrespective of the age (inclusive of service tax)
Tax Benefit
Premium paid by Cheque [Payable at STAR HEATLH AND ALLIED INSURANCE COMPANY LIMITED] is eligible upto Rs.15000/- for relief under Section 80-D of the Income Tax Act (Rs. 20,000 for senior citizens)
Can this policy be taken by a Group
* No
Claim Procedure
- Call 24 hour help-line for assistance
- Inform ID number for easy reference
- For planned hospitalization, please inform 24 hours prior to admission to the hospital
- For emergency hospitalization, information to be given within 24 hours after hospitalization
- Cashless facility can be availed in all network hospitals
- For treatment in non-network hospitals, payment must be made up-front and then reimbursement will be effected on submission of documents
What cannot be claimed?
- Treatments currently availed or availed during the previous 12 months from date of proposal
- Any expenses incurred for treatment of illness / disease / sickness contracted by the Insured person during the first 30 days from the commencement of the policy
- First year exclusions : Hernia, Piles, Hydrocele, Congenital Internal disease / defect, Sinusitis, Gall Stone / Renal Stone removal and Benign Prostrate Hypertrophy
Renewal Features
- Renewal of policy under mutual consent
How to buy this insurance?
- Please Contact Us through our
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