We all love our Parents. They have given us the platform and foundation for what we are today. As they grow older, and their bodies naturally degenerate, they would need more and more care, specially related to their Health. As we are aware, Quality of Healthcare in today’s times has become vastly differential to your capability to pay. While, in case of an eventuality, you would ensure you spend your life’s entire savings to provide the best medical care, there are limitations in what we can do on our own, moreover, breaking your entire savings vault is not the most sensible thing to do.
Health Insurance for Parents comes to rescue here. There are quite a number of Senior Citizen Health Insurance plans available in India which you can look at. Since these are high risk/loss cases, the restrictions and conditions in the policy require much more minute check than a mediclaim you buy for someone younger. A Health Insurance expert can help you understand in detail how best you can cover your parents in the given condition and age. An expert would also help you understand the terms and conditions of the policy, so that you don’t have surprises at the time of making a claim.
We tried to create a kind of a cheat sheet for our readers/customers to refer and understand the options available. Of course, as mentioned earlier, you would need to speak to a specialized health insurance expert before you go forward with a policy.
Click on the link below, to understand the options and tips from our experts. In case your parents fall in 2 age brackets, you would need to go for a combination of 2 plans. Speak to our experts, in case you have any confusions.
1. For Parents with age less than 50 years
2. For Parents with age between 51 yrs and 60 yrs.
3. For Parents with age between 61 yrs and 65 yrs.
4. For Parents with age between 66 yrs and 69 yrs.
Unfortunately, there are no plans we could advise for Parents whose age are above 70 years.