National Senior Citizen Mediclaim Health Insurance Wordings

Yes. One of the renewal benefits that you can enjoy if covered under National Senior Citizen Mediclaim Policy is cumulative bonus. It will increase by 5% for every claim free year, subject to a maximum of 50% of existing sum insured. The cumulative bonus shall decrease by 5% of the sum insured, in case you make a claim during the policy period. 

Yes. If covered under the National Senior Citizen Mediclaim Policy offered by the National Insurance Company, you can avail the following optional covers: 

• Critical illness
• Outpatient treatment
• Personal accident
• Pre-existing hypertension and/or diabetes

National Senior Citizen Mediclaim Policy is available for sum insured on both, i.e. individual basis and family floater basis. Plan A and B come with 10 slabs, between Rs. 1 Lakh and Rs. 10 Lakh in multiples of Rs. 1 Lakh. Whereas, Plan B comes with additional features like hospital cash, no sub-limits for room rent, reinstatement of sum insured, funeral expenses etc. 

National Senior Citizen Mediclaim Policy offered by the National Insurance Company comes with the following waiting periods: 

• Pre-existing diseases are covered after a waiting period of 2 years
• Initial waiting period of 30 days for any claim except accidental injuries
• Waiting period of 90 days/one year/two years/or four years for specific diseases