National Varistha Mediclaim for Senior citizens is specifically designed to meet the needs of senior citizens. The policy covers certain critical illness, injury and accidental injury.
Features & Benefits of Varistha Mediclaim Policy for Senior Citizens:
|Entry Age||60 years – 80 years|
|Policy Period||1 year|
|Renewability||Policy can be renewed till the insured is 90 years of age.|
|Basis||Covers only the individual.|
|Sum Insured||Rs.1,00,000 for hospitalisation and Rs.2,00,000 for Critical illness cover.|
|Tax Benefit||The premiums paid up to Rs.15,000 on the policy is allowed as deductions every year under the Section 80D of the Income Tax Act. The exemption for senior citizen is Rs.20,000.|
Certain critical illnesses are covered under this policy. The claims are paid even if the insured wasn’t hospitalised. The insured can also avail cumulative bonus on the claim free years. The policy can be renewed till the insured is 90 years of age which helps the senior citizens to have a security for their health.
Disclaimer: Please read and check the details of the policy to see if it meets all your requirements.
Also Read: How to File a Claim with National Insurance?
Other Health Insurance Plans from National Insurance
- National Mediclaim Policy
- National Mediclaim Plus Policy
- Parivar Mediclaim Policy
- Critical Illness Policy
- Individual Personal Accident Policy
- Janata Personal Accident Policy
GST rate of 18% applicable for all financial services effective July 1, 2017.
Disclaimer: Premiums may vary depending upon factors like age, location and prevailing taxes/GST.