Star Health Insurance has introduced their health plan “Senior Citizens Red Carpet Health Insurance Policy” with fresh benefits. The idea is to cater to the growing medical needs of senior citizens. It provides cover to anyone from the age of 60 till the age of 75 with guaranteed lifelong renewals.
Some of the striking benefits of the products are as follows:
• No medical tests unless medical history specified in the proposal form
• Pre-existing diseases covered after 12 months from the date of the commencement of the policy.
• Maximum Sum Insured up to 10 lacs
• Guaranteed life Long renewals
• Hospitalization Cover: Room, Boarding and Nursing expenses at 1% of the sum insured subject to a maximum of Rs.6000/- per day
• Treatment for specified diseases as mentioned below:-
– Cataract
– Cerebro- vascular Accident
– Cardio-vascular diseases
– Cancer
– Treatment for Breakage of bones
– Renal Complications
Star Health and Allied Insurance Company is the first stand-alone health insurance company in India. It was founded in 2006, it is a joint venture between M/s. ICICI Ventures Funds Management, M/s. Sequoia Capital, M/s. Tata Capital Growth Fund, M/s. Alpha TC Holdings Pte Ltd, Singapore and M/s. Oman Insurance Company UAE.