Star Senior Citizen Red Carpet

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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)
Minimum		60
Maximum		69
Coverage Type		Senior Citizens
Policy Term (years)		1
Sum Insured (Rs)
Maximum		5 lakh
Minimum		1 lakh
Tax Benefit		Premium paid is eligible for tax benefit under section 80D of the Income Tax Act
Discount		10% 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 Up		Not required
Grace Period for Policy Renewal		15 days
Customer Service
Address		Star Health and Allied Insurance Company Limited Corporate Office: No.1, New Tank Street, Valluvar Kottam High Road, Nungambakkam, Chennai - 600034.
Mail to		support@starhealth.in, info@starhealth.in
Call to		1800 425 2255/ / 044 2826 3300
SMS		STAR to 56677

 

	Scope Of Cover
Cashless facility		Available at empanelled network hospitals in India
Post Hospitalisation		lumpsum calculated at 7% of the hospitalization expenses (excluding room charges) subject to a maximum of Rs.5,000 per occurrence
In-patient hospitalisation		Covered
Room rent, boarding		1% of Sum Insured subject to a maximum of Rs. 4,000 per day
ICU expenses		2% of Sum Insured per day
Nursing expenses, Cost of Blood, Oxygen, Pacemaker		covered
Cost of Drugs and Diagnostic testsu00A0		covered @ 50% of sum insured per hospitalization
Fees for Doctor / Surgeon / Consultant / Anesthetist per illnes		covered @ 25% of Sum Insured per illness
Cataract		Covered upto maximum of Rs 15000 both eyes including
Emergency Ambulance		Rs 600 per hospitalisation upto maximum of Rs 1200 per policy period

 

	Exclusions and Waiting Period
Pre existing diseases		Covered from first year itself except those germinated during immediate preceeding 12 months. Such diseases will be covered from second year and onwards
No claim period		Any disease contracted during the first 30 days of commencement of the policy
Waiting Period		Certain 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-payment		50% for pre-existing diseases and 30% for all other admissible claims
General exclusions		Cosmetic or beauty related treatmentsNaturopathy treatment

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