Popular Health Insurance Plans Available in India

Star Health's Red Carpet

·         Sum insured - Rs.1 lakh to Rs.5 lakh

·         Entry age - 60 to 75 years

·         Renewability - Lifetime renewability

·         Co-payment - 30-50%

·         Critical Illness cover - available

·      Waiting period for pre-existing disease cover - 1 year

Apollo Munich's Optima Senior Health Plan

·         Sum insured - Rs.2 lakh to Rs.5 lakh

·         Entry age - Minimum 61 years

·         Renewability - Lifetime renewability

·         Co-payment 15-30%

·      Waiting period for pre-existing disease cover - 3 years

New India's Senior Citizen Mediclaim Policy

·         Sum insured - Rs.1 lakh to Rs.1.5 lakhs

·         Entry age - 60 to 80 years

·         Renewability - Up to 90 years

·         Co-payment - Voluntary payment

·         Critical Illness cover - available

·      Waiting period for pre-existing disease cover - 18 months

ICICI Lombard's iHealth Plan

·         Sum insured - Rs.1 lakh to Rs.10 lakh

·         Entry age - No maximum entry age limit

·         Renewability - Lifetime renewability

·         Co-payment - Voluntary payment

·         Critical Illness cover - available

·      Waiting period for pre-existing disease cover - 4 years

National Insurance's Varishtha Mediclaim

·         Sum insured - Rs.1 lakh to Rs.2 lakh

·         Entry age - 60 to 80 years

·         Renewability - Up to 90 years

·         Co-payment - 10%

·         Critical Illness cover - available

·      Waiting period for pre-existing disease cover - 1 year