paxemporium.blogg.se - Sun life health insurance

It is always advisable for them to select plans with maximum coverage and minimum exclusions. Additionally, they should take into consideration their own financial position, medical history and also check the sub-limits, room rent offered by the company.

When senior citizens are purchasing a health insurance policy they should give primacy to the coverage amount. In a few cases, the company provides coverage to pre-existing conditions by charging extra premium.

It is the duration for which the insured will have to wait for the illness to be listed in the policy. If the percentage of co-payment is lesser, then the insured will have to pay less out of his/her own pocket. Senior citizens should be wary of the co-payment clause depending upon the treatment and medications.

The claim settlement is faster and hassle-free.įactors affecting Insurance policies for Senior Citizens.

Some insurance plans cover ambulance charges, day care expenses etc.

Annually, the insured citizens can avail health check-ups.

Once the waiting tenor is over senior citizens have the liberty to include pre-existing diseases and specific ailments.

Generally, no pre-medical test is needed for purchasing an insurance plan.

Coverage is counted by including the pre-hospitalization and post-hospitalization period.

Most plans have cashless hospitalization services to offer once 24 hours have passed since the patient has been admitted.

Only citizens between the age of 60 and 75 are eligible for insurance plans.

Most senior citizens retire or work substantially less, are more prone to diseases and simultaneously have numerous miscellaneous expenses to take care of.Ĭharacteristic features of Senior Citizen’s Insurance Health insurance plans specially designed for senior citizens have some unique identifying features such as the following. The citizens between the age of 60 and 80 years are classified as senior citizens by most health insurance companies.