Senior Citizens Red Carpet Plan Overview
The Senior Citizens Red Carpet Health Insurance Policy is specifically designed for individuals aged 60 to 75 years, ensuring access to comprehensive medical coverage with guaranteed lifelong renewals. This plan removes the hassle of pre-insurance medical screening and offers both individual and family floater coverage options, making quality health care accessible to senior citizens.
Key Features & Benefits
- Entry age: 60 to 75 years, with continuous cover available for life
- No pre-acceptance medical screening (discount available if specific medical records are provided)
- Lifelong renewal guaranteeBoth individual and floater sum insured options available
- All Day Care Procedures covered
- Flexible premium payment options: monthly, quarterly, half-yearly, annually, biennially (once in 2 years), and triennially (once in 3 years)
- Outpatient medical consultations and annual health check-up benefits for claim-free years
- Tax benefits under Section 80D of the Income Tax Act
- Direct in-house claim settlement—no third-party administrator
- Cashless hospitalization at network hospitals
Coverage Details
- Coverage for hospitalization, room rent, boarding, and nursing expenses
- Modern treatments and AYUSH (Ayurveda, Unani, Siddha, Homeopathy) covered up to sum insured
- ICU, surgeon, consultant, anesthesia, blood, oxygen, operation theatre charges covered
- Emergency ambulance and compassionate travel benefits (within specified limits)
- Pre-hospitalization (up to 30 days) and post-hospitalization (up to 7% of hospitalization expenses, as per plan) medical expenses covered
- Repatriation of mortal remains (up to ₹10,000 per policy period)
- Second medical opinion facility included
Eligibility Criteria
- Applicants must be between 60 and 75 years old at entry
- Guaranteed lifelong renewals irrespective of claim history
- No pre-insurance medical tests required if specific medical records are provided (discount applicable)
Premium & Payment
- Multiple sum insured options (from ₹1 lakh up to ₹25 lakhs)
- Premiums payable on multiple installment frequencies (monthly, quarterly, half-yearly, annually, biennially, triennially)
- Long-term discount available for 2-year and 3-year policy terms
- 30% co-payment on all claims
- Premium varies by sum insured and age; see premium chart for details
Policy Exclusions
The plan does not cover:
- Pre-existing diseases for the first 12 months
- Specific treatments and surgeries during the first 24 months
- Treatment expenses within the first 30 days (except for accidents)
- Cosmetic surgery, weight control treatments, dental treatments, infertility treatment, and other standard exclusions as per policy wording
- Complete list of exclusions provided in policy documents and on the insurer’s website
Claim Process
- Intimate the insurer 24 hours before planned hospitalization, or within 24 hours of emergency hospitalization
- Cashless facility available in network hospitalsReimbursement process available for non-network hospital treatments
- 24/7 customer support and special helpline for senior citizens