Complete guide to senior citizen health insurance policy

People who have crossed the age of 60 years are considered to be in the senior citizen segment. Senior citizen are much more susceptible to health disorders. The chances of having health issues obviously increases with age and some of them may even require a serious medical care, making health insurance for senior citizen an absolute necessity.  

Benefits of Senior Citizen Health Insurance

Most of the reputed insurance providers of India are offering special insurance plans for senior citizen who fall in the age bracket of 60 to 80 years. Let us now take a look at some common benefits of having a senior citizen health insurance plan:

• Hospitalization expenses

Health insurance for senior citizen will pay for hospitalisation charges in case the treatment requires the policy holder to be hospitalised. The insurance cover will also include the cost of medicines, nursing and fee charged by doctor etc.

• Cashless Hospitalization 

With a valid health insurance policy for senior citizens, one need not worry about arranging immediate cash at the time of hospitalisation. Companies like HDFC Ergo offer cashless hospitalisation in more than 6600 network hospitals across the country.

• Day care costs 

The medical insurance policy will also cover the costs of treatments that do not need the policyholder to be hospitalised.

• Ambulance charges 

Most reputed health insurance plans for senior citizen also cover ambulance charges.

• Pre-existing diseases 

Best medical insurance policies in India have a provision to cover pre-existing ailments too. While there are terms and conditions to be fulfilled, it is one of the most important aspect of this insurance.

• Tax benefit

  • Medical insurance premium for senior citizens is also eligible for an exemption in income tax under section 80D.
  • Higher sum insured

Keeping in mind that the healthcare needs of a senior citizen may be more critical, these health policies come with a higher sum insured as compared to health policies for young individuals. There are plans with Regain options as well wherein the sum insured gets replenished in case it gets exhausted due to high value claim, if any.

 Common exclusions under health insurance 

The following are some of the common exclusions in health insurance policies for senior citizen:

• Diseases incurred within the first month of policy purchased


• Any treatment other than allopathy

• Drug abuse

• Dental treatments

• Cosmetic surgery which is not medically required

Why you need to buy health insurance plan for senior citizens?

Health insurance policies for senior citizens are designed for people who may be retired and have no regular incomes. A sound financial support for healthcare expenses is of extreme importance in this regard.

So, if you are looking for a suitable health insurance policy for elders of your family, all you need to do is log on to HDFC ERGO website, fill in your details and purchase the policy online right from the comfort of your home.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before going ahead with the sales.

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