Star Health Insurance for Parents

Key features of Star Red Carpet Health Insurance Policy for Parents

Unlike most other plans, Star Health Insurance policy does not require medical screening before buying the policy. Here are a few more important features of the Star Health Insurance senior citizens policy:

• The Star Health Insurance Policy for parents has a 30-day waiting period for all claims, except those arising from accidental injuries.
• The Star Red Carpet Health Insurance policy covers daycare procedures that would otherwise require 24-hour hospitalization.
• Post-hospitalization expenses, including nursing, surgeon/consultant fees, diagnostics, medicines, and drugs, are covered up to 7% of hospitalization expenses, subject to a maximum limit.
• The Star Red Carpet Health Insurance policy covers specific diseases like glaucoma, gallbladder, cataract, and pancreatic conditions after a 24-month waiting period.
• Pre-existing medical conditions are covered after 12 months from the policy start date.
• No pre-acceptance medical testing or screening is required to buy Star Health Insurance for Parents (Star Health Senior Citizen Red Carpet Policy).

Key Benefits of Star Red Carpet Health Insurance for Parents

Star Health Insurance for senior citizens comes loaded with many benefits to provide all-round protection to your parents. Let's have a look at the prominent benefits of the policy.

• Star Health Insurance covers boarding, nursing, and room expenses, typically up to 1% of the sum insured, with limits varying based on the chosen sum insured.
• The policy term for Star Health Insurance for Senior Citizens/Parents is one year.
• Star Red Carpet Health Insurance covers post-hospitalization charges for consultation, medicines, surgery, drugs, and diagnostics up to 7% (if recommended by a medical practitioner). ICU charges are covered up to 2% of the sum insured.
• Fees for medical practitioners, consultants, surgeons, anesthetists, and specialists are covered up to 25% of the total sum assured per hospitalization.
• Charges for anesthesia, blood, pacemaker, oxygen, and operation theatre are covered up to 50% of the total sum assured per hospitalization.
• Ambulance charges are covered up to ₹600-₹1500 per hospitalization, with a policy term cap of ₹1200-₹3000, depending on the chosen sum insured.

Other Value-added Benefits

Other than the benefits, the policy provides some extra services. Read along to know more.

• Portability: Policyholders can transfer their policy to another insurer after the waiting period without losing accrued benefits.
• Income tax benefit: Premiums paid for this senior citizen health insurance are eligible for tax benefits under Section 80D of the Income Tax Act, 1961.
• Enhancement of sum insured: You can apply for an increased sum insured at renewal. The request may be considered if no claims were made during the policy term.
• Free-look period: If a customer decides not to proceed with Star Health Insurance for Senior Citizens, the policy can be returned within a 15-day free-look period from the date of document receipt.