It’s always better to plan ahead in life and each one must have a proper plan in place to make our lives as senior citizens comfortable and worry-free.
In case, you are also planning on securing your financial health; a health insurance plan should be on the top of your list. Senior health plans are curated specially to ensure that you don’t have to worry about the health front in your golden years and take care of your medical bills.
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However, not all health plans are designed equally; therefore, it’s important to go for a plan that caters to your specific needs. One such plan is the care senior plan that offers a plethora of benefits for senior citizens and is one of the best plans currently available.
In this article, we will take a look at a few reasons why the care senior policy should very much be a part of your financial plan.
Completely Cashless Treatment Across Stellar Network
Although every health insurance plan comes with cashless treatment options, it’s only as good as the network of health care service providers in the network.
What good is a health plan if it doesn’t have the best of hospitals and medical institutions? The care senior policy comes with more than 16500+ health service providers across the country, including some of the most prestigious medical institutions.
The vast network of hospitals, nursing homes, and other medical facilities ensures that you are never too far from accessing the best in medical care no matter where you live in India.
This is available as an addon in the plan and offers you coverage against Covid-19. We are all aware, that recovery from this illness can take requires weeks of extensive hospitalization and a patient requires a lot of medical support that can result in exorbitant medical costs.
The policy will take care of all expenses incurred in the unfortunate event of the policy member contracting the disease and also indemnify the person for costs incurred up to 1% of the sum insured on treatment per day in case of quarantine.
Offers the Option of Reduction in Waiting Period
The waiting period for pre-existing conditions can be a hindrance in getting treatment costs incurred due to said illness. Normally, you would need to wait for at least 48 months before a policy will start offering coverage for a pre-existing condition, resulting in a huge financial burden in case an individual falls sick.
However, under care senior policy, you can opt in to reduce this waiting period down to 24 months, which is a great option and will save you a lot of money in the long run.
Organ Donor Coverage
An organ transplant is a very expensive and complicated process, where both the donor and receiver have to go through an intricate procedure for a successful transplant. This also means that you would have to bear additional medical costs on the donor’s surgery and care as well.
If you are uninsured, you can end up spending tens of lacs on this type of surgery which can be devastating from a financial standpoint. Care senior provides coverage for the organ donor up to 10% of the sum insured so that the policyholder doesn’t have to dig into his/her savings during the golden years of their life.
If you plan, you can save a lot of money and assure your peace of mind by opting in for the care senior policy by care life insurance. With an in-house claims process and an industry-leading 95.2% claim settlement ratio, you get faster response and approval when you most need it.
So, if you are on the lookout for a senior health insurance policy, don’t forget to check out the care senior policy today!