Benefits of Star Health & Allied Insurance's Senior Citizens Red Carpet Policy
Updated On Oct 06, 2023
Table of Contents
A plan for elderly citizens is Star Health Senior Citizens Red Carpet Health Insurance Policy. It covers adults starting at the age of 60 and enables admittance up to the age of 75. After that, the coverage can be extended indefinitely. It's the most effective technique to look after your parents and other elderly relatives. When a plan is granted for more than one year, the total covered is for that year only, with no carryover benefit. The coverage can be purchased as an individual or as a floater. Health insurance coverage is required to protect your financial interests while also ensuring that you have access to the best treatment at all times. Because of the increased danger of developing significant medical diseases as we age, this becomes even more crucial. If you're looking for a suitable option for senior health insurance, check out Star Health & Allied Insurance's Red Carpet Policy.
The Red Carpet Policy's Advantages
Star Health & Allied Insurance's Red Carpet Policy is specifically designed to meet the demands of senior adults. The following are the Starhealth Insurance policy's benefits, which will help you have a better understanding of the coverage.
-
Optional Additional Sum Insured
Senior folks have three extra sums assured alternatives under this policy: Rs I5 lakhs, Rs 20 lakhs, and Rs 25 lakhs. These special alternatives assist older persons in obtaining additional protection, as may be required in their condition, and in relieving their family members of financial burdens. Furthermore, this policy is offered for both individual policyholders and floaters. Although it is generally suggested that people get insurance plans as soon as possible, this might be a rewarding choice if you decide to purchase a health insurance policy later in life.
-
Coverage for Hospitalization
Senior citizens should be aware of their health problems at all times and be prepared to be admitted to the hospital at any time. In the event of in-patient hospitalization, the insured is covered for at least 24 hours under this insurance. This policy is made even more valuable by the fact that it includes pre- and post-hospitalization benefits. This smooths out the entire therapy process. Pre-hospitalization fees for up to 30 days before the insured's hospitalization are covered under this policy, as well as a lump-sum payment following the hospitalization term. There is a set cap on the post-hospitalization benefit.
-
Coverage for Out-of-Patients
Senior citizens are frequently denied admission to hospitals. This could be due to a variety of factors such as a fear of infection, a dread of being separated from loved ones, and so on. Even in such instances, this policy provides benefits in the form of outpatient coverage, which covers the costs of consultations at a Star Health & Allied Insurance network hospital. Furthermore, for financial years in which the policyholder makes no claims against the insurance, the costs of health check-ups are paid.
-
Premium Instalment Payment Plan
This policy also allows you to pay your premiums in installments so that you don't have to make large upfront investments or inconvenience your family. There are other alternatives available, including annual, quarterly, and half-yearly payments. It might also be paid every two years or every three years. The frequency of premium payments can be negotiated at the time of policy purchase.
Take Away
This Star Health policy has several features, including no pre-insurance medical tests, outpatient medical consultations in a network hospital, a variety of sum-insured options, and assured lifetime renewal of the policy. The plan is available for one, two, or three years, with the option to renew. One of the most essential health insurance policies for senior adults is Star Health & Allied Insurance's Red Carpet Policy. It's always better to be safe than sorry, especially as you get older, which is why having health insurance is essential. The policy's varied benefits cover all potential needs of policyholders in distress.
You may also like to read - The Advantages Of Purchasing A Health Insurance Policy Of Rs. 1 Crore
Who Should Acquire A Health Insurance Policy For Rs. 1 Crore?
