It is common knowledge that senior citizens, i.e. individuals over the age of 60, are at a higher risk of falling ill. And falling ill, especially when you no longer have an active income, can be financially difficult on a person. This problem hits in addition to their bodies being weaker. Therefore they are increasingly incapable of bearing the burden of illness without immediate treatment.
This is the reason meaningful and comprehensive health plans for senior citizens exist. These plans mainly apply for individuals between 60-75 years of age. And they offer a unique set of benefits, including:
With the IRDA’s new guidelines in place, it is dictated that every single healthcare provider has to offer insurance for people up to 65 years of age. Therefore, opting for citizen health insurance is an option. Not to mention, if you want to switch insurers at a later age, that also becomes possible.