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Star Senior Citizen Red Carpet

Objective

This is an online health policy for senior citizens that aims to cover  hospitalisation expenses.


Suited for

This policy is suitable for senior citizens. Any individual between 60 and 69 years can buy this policy.


What does it do?

This policy covers inpatient hospitalisation, post hospitalisation and ambulance expenses. Each benefit is capped to 30 per cent of hospitalisation bill each time medical facilities are availed. The policy also covers pre-existing diseases from the very beginning of policy with co-payment.


Pros

This policy allows lifetime renewal. Policyholder is entitled to a 10 per cent discount on premium on producing certain medical reports to the satisfaction of the insurer.Pre-existing diseases are covered from the first day of policy inception  with a co-payment clause. Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act. This policy can be purchased online through company's website.


Cons

There is a co-payment clause for all admissible claims. Co-payment exists for treatment of pre-existing diseases as well.


Our View

There is no escape from sub-limits and co-pay clause because most of the senior citizen policies come wrapped with these. For a coverage without sub-limits, you need to spend more. This is a good policy providing coverage at reasonable rates. If you are looking for a senior citizen policy, you may go with this plan.

Eligibility
Entry Age (years) 
Minimum60
Maximum69
Coverage TypeSenior Citizens
Sum Insured (Rs) 
Maximum5 lakh
Minimum1 lakh
Policy Term (years)1
Tax BenefitPremium paid is eligible for tax benefit under section 80D of the Income Tax Act
Discount10% on premium if proposer produces certain documents to satisfaction of the company. Documents include Stress Thallium Report, BP Report, Sugar (blodd and urine), blood urea & creatinine and Self-declaration stating that heart/ brain/ cancer or related surgeries have not been done in past
Pre Policy Medical Check UpNot required
Grace Period for Policy Renewal15 days
Customer Service 
AddressStar Health and Allied Insurance Company Limited
Corporate Office: No.1, New Tank Street,
Valluvar Kottam High Road, Nungambakkam,
Chennai - 600034.
Mail to[email protected], [email protected]
Call to1800 425 2255/ / 044 2826 3300
SMSSTAR to 56677
Additions to the Plan
Scope Of Cover
Cashless facilityAvailable at empanelled network hospitals in India
Post Hospitalisationlumpsum calculated at 7% of the hospitalization expenses (excluding room charges) subject to a maximum of Rs.5,000 per occurrence
In-patient hospitalisationCovered
Room rent, boarding1% of Sum Insured subject to a maximum of Rs. 4,000 per day
ICU expenses2% of Sum Insured per day
Nursing expenses, Cost of Blood, Oxygen, Pacemakercovered
Cost of Drugs and Diagnostic testsu00A0covered @ 50% of sum insured per hospitalization
Fees for Doctor / Surgeon / Consultant / Anesthetist per illnescovered @ 25% of Sum Insured per illness
CataractCovered upto maximum of Rs 15000 both eyes including
Emergency AmbulanceRs 600 per hospitalisation upto maximum of Rs 1200 per policy period
Exclusions and Waiting Period
Pre existing diseasesCovered from first year itself except those germinated during immediate preceeding 12 months. Such diseases will be covered from second year and onwards
No claim periodAny disease contracted during the first 30 days of commencement of the policy
Waiting PeriodCertain diseases such as hernia, piles, sinusitis etc shall be covered after a waiting period of 1 year.Certain diseases such as Cataract, Joint/Knee Replacement surgery(other than caused by an accident), Varicose Veins, Ulcers etc. will be covered after a period of 2 years
Co-payment50% for pre-existing diseases and 30% for all other admissible claims
General exclusionsCosmetic or beauty related treatmentsNaturopathy treatment
Annual Premium
Sum Insured (R)Premium (R)
1 lakh4450
2 lakh8455
3 lakh12900
4 lakh15500
5 lakh18000
Indicative premiums; irrespective of age; exclusive of service tax

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