Health Insurance Comparison Chart for Senior Citizens in India

Health insurance for senior citizens is a must for the secure and stress-free future of elderly people. Today, there are numerous health insurance plans for senior citizens with different pros and cons. A proper comparison of different plans can make the selection process easier. Read on to compare various senior citizen health insurance plans.

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      How to Select the Right Health Insurance Plan for Senior Citizens?

      When finalizing a health policy for senior citizens, an individual must consider certain parameters like premium rates, coverage, benefits, features, exclusions, and terms & conditions. But before choosing a health plan, he/she should first analyze the coverage that he/she may need in the future. Keeping these health requirements in mind, the buyer should choose a policy that offers the required coverage.

      Also, one should check the premium rates along with riders and the benefits available. Although the premium will be higher because of the increased age, buying health insurance is undoubtedly a great investment for senior citizens. An elderly person does not need to worry about his/her financial condition in case of unforeseen medical emergencies with a good health insurance plan.

      Moreover, the policyholder can also avail of free preventive health check-up facilities under most senior citizens' health insurance plans.

      Senior Citizen Health Insurance Comparison Chart

      Below is a comparison chart of various health insurance policies for senior citizens based on major features:

      Senior Citizen Health Insurance Plans Entry Age Sum Insured (Rs) Pre-existing Diseases Covered Medical Check-up
      Aditya Birla Activ Care Health Insurance Plan 55-80 years 3 lakh to 25 lakh From the 3rd year Required
      Bajaj Allianz Silver Health Plan 46-80 years 50,000 to 10 lakh From the 2nd year Required
      Care Senior Health AdvantageInsurance Plan Elite: 45 years onwards

      Premium: 60 years onwards

      1 lakh to 3 crore From the 2nd year Required for people above 50 years of age
      Cholamandalam Flexi Health Supreme Plan 18-75 years 5 lakh to 5 crore From the 3rd or 4th year, depending on the variant Required
      Digit Health Insurance Plan 18 years onwards Up to 3 crore From 2nd/4th/ year (as per plan coverage) May be required
      Future Generali Varishta Bima Plan 60 years onwards 2 to 10 lakh From the 2nd year Required for Rs 7.5 lakh SI and above
      HDFC ERGO Optima Senior Plan 61 years onwards 2 to 5 lakh From the 4th year Required
      ICICI Lombard Golden Shield Plan 56 years onwards 3 to 50 lakh 2 years Required after 70 years
      IFFCO Tokio Individual Health Protector Plan 18-65 years 50,000 to 20 lakh From the 4th year Required after 45 years
      Liberty HealthPrime Connect Plan 18-65 years 10 lakh to 1 crore From the 4th/5th year, depending on the variant Required
      Magma HDI OneHealth Senior Plan 56 - 75 years 3 lakh to 25 lakh From 2nd year May be required
      ManipalCigna Prime Senior I Plan 56-75 years 3 lakh to 50 lakh From 3rd year Not required
      National Senior Citizen Mediclaim Plan 60-80 years 1 lakh to 10 lakh From the 3rd year Required
      New India Assurance Senior Citizen Mediclaim Policy 60-80 years 1 lakh, 1.5 lakh After 18 months Required
      Niva Bupa (Formerly known as Max Bupa) Senior First Insurance Plan 61-75 years 5 lakh to 25 lakh From the 3rd year Not required
      Oriental Health of Privileged Elders Insurance Policy 60 years and above 1 lakh to 5 lakh From the 3rd year Required
      Raheja QuBE HealthInsurance Policy 18-65 years 1 lakh to 50 lakh From the 5th year Required after 55 years and/or with sum insured of ₹10 lakh & above
      Reliance Health Gain Insurance Plan 18 - 65 years (No age restriction for sum insured of ₹3 lakh) 3 lakh to 1 crore From the 4th year Required after 50 years
      Royal Sundaram Lifeline Insurance Plan 18 years onwards 2 lakh to 1.5 crore From the 3rd/4th/5th year, depending on the variant N/A
      SBI Super Health Insurance Plan 18 years onwards 3 lakh to 50 lakh From the 3rd year Required
      Star Senior Citizens Red Carpet Health Insurance Plan 60-75 years 1 lakh to 25 lakh From the 2nd year Not required
      Tata AIG ElderCare Plan 61-85 years 5 lakh to 25 lakh From the 3rd year Required
      United India Individual Health Insurance - Senior Citizen Plan 61-65 years 2 lakh to 5 lakh From the 5th year May be required
      Universal Sompo Senior Citizen Health Insurance Plan 60-70 years 1 lakh to 5 lakh From the 3rd year Required
      Zuno (Formerly Edelweiss) Health Insurance Plan 18-65 years (No age restriction for the Platinum variant) 1 lakh to 1 crore From the 3rd/4th/5th year, depending on the variant Required after 50 years
      Zurich KotakHealth Premier Plan 18-65 years 2 lakh to 2 crore From the 4th/5th year, depending on the variant Required
      See More Plans

      *Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in.
      Apart from these plans, people can also check out various other senior citizen health policies available in the market and compare the benefits provided. Doing so helps to select the policy which best meets their medical requirements.

      In a Nutshell

      Choosing the right health insurance plan for a senior citizen is a big responsibility. With the comparison chart above, you can easily compare the benefits and waiting periods of different policies and buy the one that best suits your needs. Make sure to check the premiums before buying with the help of a health insurance premium calculator online on websites like Policybazaar.com

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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

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