Born as humans, we tend to grow old. Aging is an inevitable natural process that cannot be escaped by anyone. Studies have shown that two out of three seniors in India are medically vulnerable and prone to chronic illnesses like Asthma, Arthritis, Blood Pressure, Chronic Obstructive Pulmonary Disease (COPD), Cystic Fibrosis, Diabetes, Reflex Sympathetic Dystrophy (RSD) Syndrome, Heart Diseases etc. In such cases, Senior Citizen Health insurance paves its way to meet the special need of the senior citizen's medical treatments.

Senior Citizen Health insurance policy includes the best benefits for senior citizens, such as coverage for a variety of daycare procedures used in contemporary treatments. This policy can be the best choice to opt for elderly people for it's the most cost-effective premium for medical insurance. There is a long-term policy benefit on this insurance policy. Tax exemption under section 80D of the IT act.

Many may wonder what could be a better option to opt for senior citizens. Health insurance or Senior Citizen Health insurance? The truth is, these two insurances do not vary from one to another to a great extent.

But picking up the right insurance at the right age plays a vital role in making use of the full benefit.

For instance, there will be a zero-copay reduction for Health Insurance whereas, in Senior Citizen Health Insurance, there will be a certain percentage of copay which will be decided by the insurance company. It is wise to choose the product which you benefit from. 

TVS Insurance Broking Limited provides a tailor-made solution helping customers to obtain the right cover at the right price. Need help? Contact us on 1800 309 0203.