Health Insurance Plans For Parents
A health insurance plan is a must-have tool of financial aid that helps you bridge your medical expenses prudently.
Apart from personal health plans, you must also invest in the best health insurance plans for family to safeguard the future of your loved ones. It also helps you save a lot of money on your family’s medical bills.
Read also: 5 money saving ideas for 2022
There are a lot of benefits like tax exemptions for getting health insurance for parents.
To help you pick out the best ones, here is a list of proficient health insurance plans for families. Read to know more!
Star Health Insurance: Health Insurance for Family
The Star Thorough Insurance Policy from Star Health is a comprehensive health insurance for parents package that considerably reduces your financial burden.
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This insurance covers people aged from three months to 65 years and is available as an individual and family floater. This plan benefits you, your spouse, and any minor children.
Health insurance plans for family are easy to renew, and coverage is available for dependent children up to age 25.
Important Factors
- Sum insured options range from Rs. 5 lakh to Rs. 25 lakh.
- No sub or capping restrictions
- Pregnancy and newborn protection
- Lifetime renewals are guaranteed.
- The SI has been wholly repaired automatically.
- A free health examination is offered every three claim-free years.
- A 15-day free trial is available.
Star Family Health Optima Health Insurance
The Star Health Optima Plan is a free delivery plan that provides cheap coverage for the entire family, along with the spouse and minor children, from 16 days to 25 years.
This coverage is available to Indian citizens between the ages of 18 and 65. The health plan may be continued as long as the member stays healthy after the age of 65.
A health examination is provided with this coverage each year without a claim. The plan automatically replenishes the money covered three times at 100% for each complete exhaustion.
Furthermore, Star Health Optima provides comprehensive coverage, including pre- and post-hospitalisation, domiciliary hospitalisation, and donor costs for organ transplantation.
The 4,500 network hospitals in India that make up the Niva Bupa Healthcare Coverage (formerly Max Bupa Health Insurance) plans provide cashless hospitalisation coverage, and newborn infant coverage.
Care Health Insurance
When it comes to indemnity, comprehensive health insurance plans for family provide for care needed at any time throughout the policy period.
Depending on your demands, you may choose from a variety of insured options, ranging from 5 million to 6 billion, provided by the insurance policy.
To take advantage of full coverage for treatments, catastrophic diseases, childcare procedures, yearly physicals, etc., you may purchase this policy on an individual or family floater basis.
Parents of any age may sign up for this health plan because health insurance for parents is available for every parent. However, there is a minimum entrance age of 91 days.
Care Freedom Health Insurance
You and your family are covered by the Care health insurance plans for family policy, an indemnity-based insurance plan against high medical costs.
Health insurance with indemnity benefits pays the policyholder’s medical expenses in full.
This modern, comprehensive health insurance in India for parents plan has several possibilities for the amount covered.
These plans include an insured sum that can pay for all your medical costs and varies from Rs. 3 lakh to Rs. 75 lakh.
Whereas health insurance plans for family with guarantees of up to Rs. 1 crore are available through Niva Bupa Health Insurance, formerly known as Max Bupa Health Insurance.
There are several possible policy alternatives, each with a unique set of coverage advantages.
Five years is the minimum age required to enrol in the health insurance for parents (on an individual basis and 91 days on a floater basis when at least one insured person is at least 18 years).
Niva Bupa Health Insurance
Various network hospitals offer cashless treatment, and Niva Bupa Health Insurance Company Limited has a network of over 34,000 agents.
According to the insurance, 9 out of 10 cashless claims are addressed within 30 minutes.
The company has accumulated its workers’ comprehensive and in-depth knowledge of insurance and healthcare.
Depending on the applicants’ ages and the insured members, only a few Niva Bupa (previously Max Bupa) medical insurance plans demand co-payments.
Niva Bupa Health Insurance (previously Max Bupa Health Insurance) plans have been designed to accommodate the varying needs of its clientele, which ranges from young children to older individuals.
The co-payment provision is also frequently not applicable in health insurance plans for family that include several additional benefits.
The insurance firm has received several honours for its flawless medical insurance services, including The Super Brand 2019 category, Best Tech for Health Category 2019, and The Economics Times Best Brands 2019 award.
During the COVID-19 epidemic, the company’s Chabot CIA aided over 73,000 consumers. One of the unusual perks of health insurance for parents is the ability to receive international paperless treatment for certain illnesses.
To make good a good decision when looking for a health insurance plan, we recommend to answer the next questions.
- which health insurance plan should i choose for my father?
- can i change my health insurance plan mid year?
- how to choose a health insurance plan?
