Get & Buy Senior Citizen Health Insurance

Name (In Capital Letters)
Phone
Email
Plan Required
Cover For
DOB
(eldest member)
Last Year Policy
Previous Insurer
Policy Expiry Date
City/State
Desired Sum Insured
Any Pre-Existing Dieses
Last Year Policy
PAN Card
Aadhaar Card

Senior Citizen Health Insurance

IRDA, i.e. Insurance Regulatory and Development Authority of India, is subtle with the special requirements of Senior Citizen Insured.

Government Rules:

It has been overriding aggressively with the regulatory actions like:

  • In the year 2006/2007, when a few of the insurers radically elevated premiums for hospitalization policy, it set down a tam for any such revision
  • Government constituted a Committee on Senior Citizens Health Insurance to go in some special requirements
  • Numerous recommendations were implemented for this committee
  • IRDA also issued the instructions below about the health insurance for senior citizens to the insurance companies:
  • People must be permitted to purchase a new senior citizen health insurance plan up to the attainment of age of 65 years
  • If the proposal gets rejected, it should be given in writing with valid reasons
  • A senior citizen insured must have an option to alter his TPS anywhere feasible
  • Minimum 50% of the pre-insurance medical investigation cost might get reimbursed where the insurer accepts the risk
  • No insurance company can decline the renewal of any health insurance scheme except on the grounds of misrepresentation, moral hazard or fraud