Senior Citizens Red Carpet Health Insurance Policy
Introducing the Senior Citizens Red Carpet Health Insurance Policy from Star Health Insurance, tailored with a compassionate approach specifically for elderly individuals. This plan is meticulously crafted to cater to the needs of seniors aged between 60 to 75 years.
This policy offers an array of unparalleled benefits for senior citizens, encompassing coverage for a diverse range of daycare procedures essential for modern treatments, significant medical interventions, and coverage for pre-existing conditions from the second year of policy onwards, coupled with the option of a fixed premium and lifelong renewability. Available on an Individual or Floater Sum Insured basis, this policy is ideal for seniors seeking an affordable health insurance solution in India. A standout feature of this policy is the exclusion of pre-insurance medical check-ups during the purchase process. Additionally, upon policy purchase, you can also enjoy the advantage of tax exemption under section 80D.
Benefits of Senior Citizens Red Carpet Health Insurance Policy
Here are the benefits you can enjoy when you opt for the Senior Citizens Red Carpet Health Insurance Policy:
- Enhanced Sum Insured coverage up to Rs. 25 Lakhs for individuals and Rs. 10 Lakhs to 25 Lakhs for families on a floater basis.
- Coverage for outpatient medical consultations at Network Hospitals.
- No requirement for pre-insurance medical screenings, regardless of age or chosen sum insured.
- Coverage for pre-existing diseases after a waiting period of one year.
- Comprehensive coverage for daycare procedures, modern treatments, with the convenience of both cashless and reimbursement facilities at a wide network of hospitals.
- Eligibility for tax benefits as per prevailing Income Tax regulations on the premium paid, including relief under Section 80-D of the Income Tax Act.
- Lifelong renewability option for continued coverage.
- A 10% discount on the premium by providing specific medical records.
- A 5% discount for purchasing the policy online.
- Flexibility in premium payments, with options for quarterly, half-yearly, annual, biennial, and triennial payment terms.
Red Carpet Coverage for Senior Citizen
The Senior Citizens Red Carpet Health Insurance Policy offers comprehensive coverage to meet the healthcare needs of senior citizens aged 60 and above.
- Daycare procedures: All expenses related to procedures, surgeries, and treatments that require hospitalization for less than 24 hours are covered.
- In-patient hospitalization expenses: Coverage for all in-patient hospitalization expenses up to the sum insured.
- Pre- and Post-hospitalization expenses: Pre-hospitalization expenses are covered for a maximum of 30 days before admission in network hospitals. Post-hospitalization expenses are covered for a maximum of 7% of the hospitalization expenses incurred, up to the specified limits.
- Modern Treatments: Twelve modern treatments are covered, including balloon sinuplasty, immunotherapy, and stem cell therapy, up to the sub-limits mentioned in the policy clause.
- Out-Patient expenses: Coverage for medical consultation expenses incurred as an outpatient at network hospitals, up to specified limits with a cap of Rs. 200 per consultation.
- Annual Health Check-Ups: Payment of expenses towards the cost of health check-ups up to specified limits for every claim-free year at network hospitals.
- Pre-Existing Disease (PED): Treatments for pre-existing conditions can be claimed after 12 months from the policy start date.
- Specific Disease/Illness Coverage: The policy covers specific diseases/treatments only after a waiting period of 24 months. It also covers cataract surgery up to specific limits based on the chosen sum insured.
- Initial waiting period: 30 days (except for accidents).
What Treatments Senior Citizens Health Insurance Doesn’t Cover?
The Senior Citizens Red Carpet Health Insurance Policy excludes coverage for the following treatments and conditions:
- Cosmetic or plastic surgery expenses
- Change-of-Gender treatment
- Intentional self-injury
- Treatments required due to participation in hazardous or adventure sports
- Treatments for alcohol or drug abuse
- Congenital external conditions/defects/anomalies
For a detailed list of exclusions, please contact us at 7347595768.
Top Reasons Seniors Over 60 Need Star Health Medical Insurance
As elderly people aged 60 and above, there are compelling reasons to consider Star Health Medical Insurance, specifically the Senior Citizens Red Carpet Health Insurance Policy. This policy is designed to provide comprehensive support for the senior citizen community, acknowledging their invaluable contribution to the nation.
Here are some key benefits of the policy:
- Coverage for outpatient medical consultations at Network Hospitals.
- No requirement for pre-insurance medical screening.
- Coverage of pre-existing diseases (PED) after a waiting period of one year.
- Comprehensive coverage for daycare procedures and modern treatments.
Dedicated Senior Citizens Claims & Grievances
In addition to these benefits, the policy offers a dedicated mechanism for senior citizens to address claims and grievances. Policyholders can approach the Complaints/Grievance Redressal Cell of the insurer for any complaints. If they do not receive a satisfactory response, they can utilize the Integrated Grievance Management System(IGMS) – IRDAI Portal or contact the toll-free numbers provided.
Tax Benefit from buying Senior Citizens Red Carpet Health Insurance Policy
Moreover, purchasing the Senior Citizens Red Carpet Health Insurance Policy enables the insured person to avail tax benefits under Section 80-D of the Income Tax Act 1961 in respect of the premium paid by any mode other than cash. This tax benefit serves as an additional incentive for elderly individuals to consider this insurance policy as a valuable investment in their health and well-being.
Ready to Secure Your Health—For Life?
The risks rise with age. So should your protection. Star Health’s Red Carpet Policy gives you what most plans don’t—real coverage without hoops, hidden clauses, or age bias.
No tests. No stress. Just dependable support when you need it most.
📞 Have questions? Need help? Call your dedicated Star Health Insurance agent now: [73475 95768]
Let’s make your golden years stronger, safer, and worry-free.
FAQ
The premium for the Senior Citizens Red Carpet Health Insurance Policy varies based on the sum insured, which can range from ₹1 lakh to ₹25 lakhs. Premium amounts typically fall between ₹4,500 and ₹36,000 (excluding taxes). The most popular choice is a ₹15 lakh cover, with a premium of approximately ₹29,000, which qualifies for a tax benefit under Section 80D.
No pre-insurance medical screening is required for any sum insured amount. We understand the limitations of frequent medical visits for elderly individuals and have designed our policy to be accessible without pre-medical requirements.
Since a pre-medical checkup is not required for this policy, the question of bearing pre-medical costs does not apply.
The policy includes three time-bound exclusions:
- Initial Illness Waiting Period: 30 days (accidents are covered from day one)
- Specified Treatments Waiting Period: 24 months for conditions like cataract, intervertebral disc prolapse, ENT treatments, calculus management, hernia, and similar.
- Pre-Existing Diseases Waiting Period: 12 months
Yes, the policy offers:
- A 10% lifetime discount for healthy individuals who submit recent (within 45 days) medical reports, including a Stress Thallium Report, BP Report, Blood Sugar (both blood and urine), Blood Urea, and Creatinine reports.
- A 5% discount on the first purchase for online (digital) transactions.
A co-payment is a cost-sharing arrangement where the policyholder pays a portion of the claim. For this policy, a nominal co-payment of 30% is required on all claims.
