Discover the extensive coverage and benefits provided by the Varistha Mediclaim Policy for senior citizens.
Check Health Insurance Plans 08-July-2024As people age, their healthcare needs typically increase, making health insurance a crucial aspect of managing their well-being. For senior citizens in India, finding a health insurance policy that caters specifically to their needs can be challenging. The National Insurance Company Limited has addressed this challenge with the Varistha Mediclaim policy, designed exclusively for senior citizens. This article provides an in-depth look at Varistha Mediclaim, exploring its features, benefits, and how it caters to the unique healthcare requirements of the elderly.
Varistha Mediclaim is a health insurance policy offered by the National Insurance Company Limited, tailored specifically for senior citizens aged 60 to 80 years. The policy can be renewed up to the age of 90, ensuring long-term health coverage. It is designed to provide financial protection against medical expenses, including hospitalisation, domiciliary hospitalisation, and critical illness treatment, which are particularly relevant for the elderly.
Varistha Mediclaim stands out due to its comprehensive coverage and benefits tailored for senior citizens. Here are the key features of the policy:
The policy is available for individuals aged 60 to 80 years at the time of entry and can be renewed up to the age of 90.
The policy offers two options for the sum insured – Rs. 1 lakh and Rs. 2 lakh, providing flexibility based on the policyholder's needs and financial capabilities.
It covers expenses for hospitalisation, including room charges, nursing, surgeon’s fees, and diagnostic tests.
Expenses incurred 30 days before and 60 days after hospitalisation are covered under this policy.
It includes coverage for treatment at home if hospitalisation is not possible due to the patient's condition or non-availability of hospital beds.
An additional benefit of Rs. 2 lakh is provided for critical illnesses such as cancer, kidney failure, stroke, and major organ transplants.
Pre-existing diseases are covered after a waiting period of one year for continuous coverage under this policy.
It covers ambulance charges up to Rs. 1,000 per illness, ensuring that emergency transportation costs are manageable.
The policy offers a daily cash allowance for accompanying an insured person during hospitalisation, up to Rs. 500 per day.
Discounts are available on insurance premium for policyholders who opt for a higher sum insured or include family members under the same policy.
Varistha Mediclaim provides numerous benefits that address the specific needs of senior citizens, making it a preferred choice for elderly health insurance
The claims process for Varistha Mediclaim is designed to be user-friendly and efficient, ensuring that policyholders receive timely reimbursement for their medical expenses. Here are the steps involved:
Avail hospitalisation and treatment benefits with health insurance plans starting at just Rs. 15*/day.
The premium for Varistha Mediclaim depends on various factors, including the sum insured, age of the insured, and health status. Here’s how it is calculated and how discounts can be availed:
While Varistha Mediclaim offers extensive coverage, there are certain exclusions and limitations that policyholders should be aware of:
VARISTHA Mediclaim for Senior Citizens by the National Insurance Company Limited offers a comprehensive and tailored solution for the healthcare needs of the elderly. With its extensive coverage, critical illness benefits, and financial support for hospitalization and domiciliary care, it provides a valuable safety net for senior citizens. By understanding the policy’s features, benefits, and the application process, seniors and their families can make informed decisions to secure their health and financial well-being in their golden years.
VARISTHA Mediclaim covers hospitalisation, pre- and post-hospitalisation, domiciliary care, critical illnesses, ambulance charges, and offers daily cash allowance for attendants, ensuring comprehensive protection for senior citizens.
What are the eligibility criteria for senior citizens to avail the Varistha Mediclaim Policy?Senior citizens aged 60 to 80 years are eligible for Varistha Mediclaim, which can be renewed up to the age of 90, offering tailored health coverage for elderly individuals.
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