THE HEALTH INSURANCE SPECIALIST
Health Insurance Plans for Parents
Golden opportunity to reciprocate the love, care and support to your parents.
Health Insurance Plans for Parents at Star Health are specifically designed to provide comprehensive coverage for medical treatment costs and hospitalisation expenses incurred for health issues and severe illnesses that arise due to ageing. It provides higher sum insured for older adults and offers enhanced benefits such as cashless treatment facilities, annual health check-ups, pre-existing disease cover, and much more.
All Health Plans
Best Parents Health Insurance Plans for yourself
Senior Citizens Red Carpet Health Insurance Policy
Elderly Cover: Designed for the age group of 60 – 75 years with lifelong renewals
Outpatient Cover: Get cover for medical consultations as an outpatient at Network Hospitals
Pre-insurance Screening: Pre-insurance screening is not required to avail this policy
Arogya Sanjeevani Policy, Star Health and Allied Insurance Co Ltd.
Rural Discount: 20% discount on premium for the rural population
Modern Treatments: Get cover for Modern treatments up to 50% of the Sum Insured
AYUSH Cover: Covers hospitalisation expenses towards AYUSH treatments
Star Comprehensive Insurance Policy
Automatic Restoration: Get 100% of the basic Sum Insured restored once in a policy year
Buy-back PED: Optional cover to reduce the waiting period in respect of Pre-Existing Diseases
Mid-term Inclusion: Newly married/wedded spouse and new born baby are covered on payment of additional premium
Star Hospital Cash Insurance Policy
Lump-Sum Benefit for Hospitalisation: Designed to provide daily cash benefit for incidental expenses on hospitalisation
ICU Hospital Cash: Get up to 200% of the hospital cash amount (per day) in case of ICU hospitalisation
Accident Hospital Cash: Get up to 150% of the hospital cash amount every 24 hours of hospitalisation in case of accidents
Star Micro Rural and Farmers Care
Rural Cover: Exclusively designed for rural population
Pre-insurance Screening: Pre-insurance screening is not required to avail this policy
Less Waiting Period: PED & Specific Diseases are covered just after 6 months
Medi Classic Insurance Policy (Individual)
Restoration Benefit: 200% of the basic Sum Insured is restored once in a policy period
Road Traffic Accident: The Sum Insured is increased for Road Traffic Accident on its exhaustion
Long-Term Discount: If the policy is opted for a term of 2 or 3 years, then a discount on the premium is available
Star Health Gain Insurance Policy
Wide Cover: Provides broad cover for both in-patient hospitalisation and outpatient expenses
Modern Treatment: Expenses are covered either as in-patient hospitalisation or day care procedures
Outpatient benefit: Outpatient expenses incurred at any Networked Facility are covered
Star Health Premier Insurance Policy
Special Policy: Designed for people aged 50 years and above without any maximum age limit
Pre-insurance Screening: Pre-insurance screening is not required to avail this policy
Health Check-Up Discount: 10% premium discount is available if listed health check-up reports are submitted at the inception of the policy and subject to the findings in the submitted report
Star Health Assure Insurance Policy
Family Size: Covers 6 Adults and 3 Children including, self, spouse, parents and parents-in-law
Automatic Restoration: Sum Insured will be restored unlimited number of times and maximum up to 100% each time
Long-Term Discount: If the policy is opted for a term of 2 or 3 years, then a discount on the premium is available
Star Women Care Insurance Policy
Unique Cover: A specially designed policy that provides multi-fold benefits for women
Automatic Restoration: 100% of the Sum Insured is restored once in a policy period
Delivery Expenses: Normal & C-section delivery expenses are covered (including pre and post-natal)
Super Surplus Insurance Policy
Top-up Plan: Get enhanced health coverage at an affordable premium
Recharge Benefit: Get additional indemnity on exhaustion of the Sum Insured at no additional cost
Long-Term Discount: If the policy is opted for a term of 2 years, then 5% premium discount is available
Health Insurance Plans for Parents
Graceful aging is a key guide for a healthy mind, body and soul. An elderly individual is more likely to face health complications. The WHO states that people in older age may face cataracts, back, neck pain and osteoarthritis, diabetes, depression and dementia. Gift your parents with the best health insurance plan and secure savings despite any medical complications.
Why do parents need Health Insurance policies?
People who are nearing their 60’s have a high possibility of suffering from certain medical ailments. With the rising healthcare costs today, getting health insurance for parents is highly necessary and should be prioritised. A Health Insurance plan can help your parents to be prepared for any medical contingencies, ensuring timely care and quality treatment. The following key points make you understand why your parents must get a health insurance policy right away:
Financial independency
During a medical emergency, you would want to cover your bills on your own, not rely on your family members. You can do this with the help of health insurance. Health insurance is a financial risk management tool where risk is transferred to a pool of people. In this way, you won't have to depend on anyone else to pay your medical bills.
Keep your savings intact
A comfortable retirement requires years of savings. The decades of accumulated wealth can be depleted in just a single hospitalisation. If you want to prevent this from happening to you, all you need to do is invest in a senior citizen health insurance plan.
It compensates a lack of income
Consider how difficult it would be to cover medical bills through your pensions. With medical insurance for senior citizens on your side, you won't have to worry about anything like that. In case of a medical emergency, the policy will help you to minimise your out-of-pocket expenses.
Your plans will stay on track
A retirement plan is a dream of an individual through his years of savings. You could embark on a world tour or start a small business you've always wanted to. Senior health insurance helps to make your dreams come true. It ensures you are completely covered in the event of a medical emergency.
How to choose the right health insurance for your parents?
With an increase in age, health often takes a back seat. Also, with time, medical inflation keeps your savings at risk. In this crisis, having the right and the best health insurance plan for your parents is always appreciated. You can also get peace of mind at your elderly age. Thus, the following list consists of some useful and effective tips which will help you choose the right health insurance plan for your parents.
Opt For Adequate Coverage
There's no limit for cover but according to your financial situation, you should see which company provides you the maximum coverage that should be evaluated in order to the premium paid by you. Just check before opting for a health insurance policy for your parents for the best value.
Flexibility
There are varieties of policies and each of these offers different flexibilities. Always go for this kind of policy that gives you substantial flexibility in terms of coverage, tenure, add-ons, the sum insured, etc.
Co-Payments
It is always better to opt for the lowest co-payment structure. Co-pays make your policy economical and affordable.
Look for Pre-existing Illness Coverage
Pre-existing diseases have to be covered with a minimal period. For example - 1 year or 6 months. Ensure if the policy covers your pre-existing diseases and their complications. Some policies do not offer so, choose the given one.
Age for Renewal
This depends on the policy and the customer, but there are such companies that offer 'Lifelong renewal'. Choose an insurer with the given options.
Claim Process
Make sure your policy has the simplest claim procedures to follow. Before wasting your time in the claim process, ensure yourself in advance about the process, or else certain difficulties have to be faced
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