Why do you need a Senior Citizen Health Insurance plan?
A senior citizen healthcare plan is structured to offer multiple benefits to the customers:-
It is no secret that your medical needs will increase with your age. A senior citizen health insurance plan will cover your hospitalization expenses as the insurance company will mainly pay for all the medical expenses.
It is one of the prominent features of health insurance plans. Under this, if you are treated in a network hospital, then you don’t have to worry about the medical expense as the insurer will clear the same at the hospital desk on the behalf of you.
Cover for pre- and post-hospitalization expenses
Most of the insurance companies will cover pre- and post-hospitalization expenses.
Investing in a senior citizen’s health insurance plan means all premiums paid by the policyholder can be used to get tax benefits under Section 80D of the Income Tax Act, 1961.
Discounts and bonuses
Insurance companies provide various discounts that will lower your premium or bonus for the next policy year.