Medical insurance for senior citizens is a form of medical insurance policy that covers healthcare expenditures for adults over the age of 60. It provides preventative health check-ups for the elderly as well as cashless hospitalisation at the insurance company’s network hospitals. It covers pre-existing disorders, hospitalisation costs, severe sickness, as well as pre and post hospitalisation costs, and coronavirus therapy.
This article will provide some key benefits of purchasing hearing aids and medical insurance for senior citizens on the internet.
Features of Medical Insurance for Senior Citizens
A senior citizen’s healthcare coverage provides several features to the elderly. The following are some of the key perks of purchasing medical insurance for senior citizens in India:
- Medical Coverage:
Medical insurance for senior citizens cover persons over the age of 60, but ordinary family medical insurance plans typically cover individuals up to the age limit of 65 years.
- No Medical Screening Requirement:
Unlike standard plans, medical insurance for senior citizens does not require older persons to undertake any medical examination before purchasing the coverage.
- Hospitalisation Coverage:
Medical insurance for senior citizens protects senior policyholders against a variety of medical bills, such as pre-hospitalisation, post-hospitalisation, as well as in-patient hospitalisation.
- Cashless Services:
Senior people can get cashless medical care in the insurance company’s network hospitals if they are hospitalised for at least 24 hours.
A no-claim bonus is a fantastic perk that a health insurance policyholder may enjoy. In medical insurance for senior citizens, a no-claim bonus, or NCB, is cash added to the total covered for each year without a claim. It is similar to a prize given to a policyholder for not filing a claim on his medical insurance.
- Lifetime Renewability:
The majority of medical insurance for senior citizens provide a lifetime renewal option.
- Tax Advantages:
The premium amount paid for medical insurance for senior citizens is deducted from taxable income under Income Tax Act Section 80D. The maximum deductible sum is 25,000 INR, which can be increased to 50,000 INR for elderly persons.
To know more, click on the link below: https://www.turtlemint.com/health-insurance/senior-citizen-health-insurance/
Why You Should Buy Medical Insurance for Senior Citizens Online?
There are some significant advantages of buying medical insurance plans online over traditional procedures of buying offline via agents or brokers. Some of them are as follows:
- A plethora of Options:
There are several medical insurances for senior citizens available online. Each insurance has a particular set of features, perks, and coverage, as well as a varied cost. Given the abundance of medical insurance policies available online, it is simple to evaluate and select the one that best meets your requirements.
- Simple Comparison:
The secret to purchasing the proper insurance is a comprehensive comparison of various plans. It is simple to compare medical insurance for senior citizens online. You can compare plans by browsing the sites of numerous health insurance companies or by using various portals of online brokers.
- Ease of Transaction:
Purchasing medical insurance for senior citizens digitally is a straightforward affair. You only need to provide a few facts to obtain an instant customized health insurance quotation.
Purchasing medical insurance for senior citizens digitally is totally secure, as long as you do it from a reputable and reputable insurance business. Popular and safe payment options including debit cards, credit cards, online banking, and digital payment wallets are also available from major health insurance providers.
- Middlemen are not present:
Digital health insurance coverage does not need the use of any agents or intermediaries. This speeds up the process and minimizes costs by eliminating the need for an agent’s fees.
- Terms And Conditions Are Clear:
The majority of digital health insurance firms properly publish the coverage terms & conditions on their site. As a result, after carefully reviewing the policy’s conditions, you can take an educated decision.
- Online Insurance Quote:
Insurance quotes are available with digital medical insurance for senior citizens.
The greatest part about purchasing medical insurance for senior citizens digitally is that you can do so from the comfort of your own home, business, or even while traveling. All you need to do is turn on your phone, tablet, or pc and visit your insurer’s website.
- Eliminates Geographical Barriers:
When you purchase your medical insurance for senior citizens digitally, you don’t need to bother about the company’s branch being close to your home because you may acquire the plan virtually. Aside from simple purchasing, claim filing and pay-out may be completed online using the company’s site.
Senior citizens are more prone to developing health issues than their younger counterparts. If you have already reached a certain age and you have chronic health issues then you will know that finding affordable health care for senior citizens is a heavy burden on your budget. One of the cheapest ways to get health care for senior citizens is to buy medical insurance for senior citizens online. This article discusses the several benefits that purchasing medical insurance for senior citizens on the internet provides. The internet is in many ways a wonderful resource and a fantastic way to shop around and compare prices between providers. It is the best place to go if you want to find comprehensive plans from experienced providers and ensure you are receiving the best possible value for your money.