Objective

This is an online health policy for senior citizens that aims to cover hospitalisation expenses.

Suited for

This policy is suitable for senior citizens. Any individual between 60 and 69 years can buy this policy.

What does it do?

This policy covers inpatient hospitalisation, post hospitalisation and ambulance expenses. Each benefit is capped to 30 per cent of hospitalisation bill each time medical facilities are availed. The policy also covers pre-existing diseases from the very beginning of policy with co-payment.

Pros

This policy allows lifetime renewal. Policyholder is entitled to a 10 per cent discount on premium on producing certain medical reports to the satisfaction of the insurer.Pre-existing diseases are covered from the first day of policy inception with a co-payment clause. Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act. This policy can be purchased online through company's website.

Cons

There is a co-payment clause for all admissible claims. Co-payment exists for treatment of pre-existing diseases as well.

Our View

There is no escape from sub-limits and co-pay clause because most of the senior citizen policies come wrapped with these. For a coverage without sub-limits, you need to spend more. This is a good policy providing coverage at reasonable rates. If you are looking for a senior citizen policy, you may go with this plan.

Eligibility

Entry Age (years)

Minimum

60

Maximum

69

Coverage Type

Senior Citizens

Policy Term (years)

1

Sum Insured (Rs)

Maximum

5 lakh

Minimum

1 lakh

Tax Benefit

Premium paid is eligible for tax benefit under section 80D of the Income Tax Act

Discount

10% on premium if proposer produces certain documents to satisfaction of the company. Documents include Stress Thallium Report, BP Report, Sugar (blodd and urine), blood urea & creatinine and Self-declaration stating that heart/ brain/ cancer or related surgeries have not been done in past

Pre Policy Medical Check Up

Not required

Grace Period for Policy Renewal

15 days

Customer Service

Address

Star Health and Allied Insurance Company Limited
Corporate Office: No.1, New Tank Street,
Valluvar Kottam High Road, Nungambakkam,
Chennai - 600034.

Mail to

support@starhealth.in, info@starhealth.in

Call to

1800 425 2255/ / 044 2826 3300

SMS

STAR to 56677

Scope Of Cover

Cashless facility

Available at empanelled network hospitals in India

Post Hospitalisation

lumpsum calculated at 7% of the hospitalization expenses (excluding room charges) subject to a maximum of Rs.5,000 per occurrence

In-patient hospitalisation

Covered

Room rent, boarding

1% of Sum Insured subject to a maximum of Rs. 4,000 per day

ICU expenses

2% of Sum Insured per day

Nursing expenses, Cost of Blood, Oxygen, Pacemaker

covered

Cost of Drugs and Diagnostic testsu00A0

covered @ 50% of sum insured per hospitalization

Fees for Doctor / Surgeon / Consultant / Anesthetist per illnes

covered @ 25% of Sum Insured per illness

Cataract

Covered upto maximum of Rs 15000 both eyes including

Emergency Ambulance

Rs 600 per hospitalisation upto maximum of Rs 1200 per policy period

Exclusions and Waiting Period

Pre existing diseases

Covered from first year itself except those germinated during immediate preceeding 12 months. Such diseases will be covered from second year and onwards

No claim period

Any disease contracted during the first 30 days of commencement of the policy

Waiting Period

Certain diseases such as hernia, piles, sinusitis etc shall be covered after a waiting period of 1 year.Certain diseases such as Cataract, Joint/Knee Replacement surgery(other than caused by an accident), Varicose Veins, Ulcers etc. will be covered after a period of 2 years

Co-payment

50% for pre-existing diseases and 30% for all other admissible claims

General exclusions

Cosmetic or beauty related treatmentsNaturopathy treatment