Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Medical Insurance For Senior Citizens: Why Is It Necessary?

Published On Sep 26, 2022

Today, health insurance is well-considered to be essential. However, a lot of people across all age groups are left merely contemplating this priceless defence. Old age is one of the most frequent excuses used for not purchasing a Senior Citizen health insurance plan. It might be challenging for senior adults to choose a quality health insurance plan.

However, there are many excellent health insurance plans available today for seniors, giving them a wide range of possibilities.

Medical Insurance For Senior Citizens: Why Is It Necessary?

Why Is Senior Citizen Health Insurance So Important?

The foregoing are some factors that make having a decent health insurance plan for seniors important and advantageous.

  • Stress-Free Preparation

Even if it is certain that you may fall as you age, you can still anticipate having enough money saved up in case of a medical emergency. The process of getting health insurance is hassle-free 

  • Aids In Preventing A Debt Crisis

Any medical issue might easily become a financial emergency when you retire at 60 because you do not have a consistent source of income. Financial crises may lead to debt crises. Such instances can be averted with health insurance.

  • Creates A Barrier Of Protection Over Increased Vulnerability To Diseases And Illnesses

People who are older are more prone to illnesses and diseases, and they are also more likely to get sick and need hospitalization. That is why having a senior citizen health insurance plan is crucial.

  • A Rise In Medical Costs

The cost of healthcare has increased along with technology. Having health insurance that would protect you in the case of a medical emergency is a good idea given the rising cost of healthcare.

What To Consider Before Buying A Senior Citizen Health Plan?

The factors to think about while purchasing a senior health plan are listed below.

  • Knowing The Medical Background - You must be aware of the specifics of a senior's medical history before purchasing a plan for them. An older person might not be aware of the various medical diseases they have, therefore it is best to double-check the information rather than relying exclusively on their knowledge of their medical history.
  • Comparing And Choosing A Plan - In India, there are numerous online medical insurance programs. It is crucial that you contrast various plans and select the one that best meets your requirements. Comparisons between various health insurance plans must take into account elements like cost, coverage, add-ons, and riders, among others.
  • Fill Out The Application - Choose the policy carefully, then provide pertinent details. The application would be rejected by your insurance carrier if it contains inaccurate or incomplete information.

What is the Procedure To File A Senior Citizen Health Insurance Claim?

To submit a mediclaim, first, fill out the form on the insurance company's website,. You must also attach all hospital-provided medical bills in addition to this. Additionally, you must make sure that you fulfil all of your demands for quick claim processing. 

Essentials To Keep In Mind

The following are a few considerations while purchasing a senior health insurance plan: 

  • Pick a plan that provides sufficient coverage at a reasonable cost. If there was a short waiting period and it covered both essential and pre-existing diseases, that would be fantastic.
  • Select a plan that enables you to extend your senior citizen insurance plan until the maximum age limit. 


Due to the sharp rise in medical prices, senior adults are having trouble paying their medical bills. The typical Indian citizen's life expectancy has risen recently thanks to better healthcare services.

Also Read: 

How You Can Save On Health Insurance Premiums?

List Of Widely Spread Critical Illnesses In India


This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Health Insurance Coverage Calculator

Who do you want to insured ?

  • Individual
  • Couple
  • Family
  • Parents

Age of eldest insured member ?

Where do you live ?

Disclaimer : Actual Coverage might vary basis your location, age and number of members
Must BuyMust Buy

Why to Buy Health Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 75,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers