Health Insurance for Senior Citizens

Written by Vidya Kumar

June 26, 2019

Executive Summary: It is important to have a health insurance policy. We have compared some health insurance policies for senior citizens –
– National Insurance Varistha Mediclaim,
– New India Assurance Senior Citizens Mediclaim Policy
– Star Health Insurance Red Carpet Plan
– Bajaj Allianz Silver Age Plan
 – Apollo Munich Optima Senior
– Max Bupa Heartbeat Individual
I am sure, I not need to stress the importance of health and a health insurance policy. Health insurance policies are more relevant as one becomes old, as there is a fall in income usually and simultaneously, health care expenses are bound to increase as you age. 
I have compared six health insurance policies here. This is an update of a post that was done a few years back so that we have updated information. The six policies covered are –

  • National Insurance Varistha Mediclaim,
  • New India Assurance Senior Citizens Mediclaim Policy
  • Star Health Insurance Red Carpet Plan
  • Bajaj Allianz Silver Age Plan
  • Apollo Munich Optima Senior
  • ​Max Bupa Heartbeat Individual

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You can download an excel sheet with the same comparison here
Please note that the analysis is valid for the date it is published. For more details and arriving at a decision, refer the website or prospectus or contact us. This is not an exhaustive comparison as well. 

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