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Back Senior First Health Insurance

Overview

Introducing Senior First, a tailor made health plan designed to provide unconditional support and care for our seniors in their golden years. With coverage options up to Rs 25 lakh, no sub limits on common health conditions, heath check-ups from day 1, hassle free claims process and more, we assure you that healthcare and financial needs of seniors are taken care of with nothing but love.

Senior First Health Plan has been packaged with features that give our seniors the assurance of good health at all times. So whether it’s multiple treatments in the same year for the same illness or coverage for consumables, health coverage for our seniors is constant and unconditional.

Features & Benefits

1. ReAssure Benefit

A promise of love with unlimited base sum insured for long term treatments and multiple illness to ensure our seniors always have enough funds for any treatment.

2. Day 1 Health Check-up

3. No mandatory pre-issuance medical tests

4. No sub-limits on common health conditions

A promise to be there to our seniors by providing health coverage without any sub-limits on common health conditions like cataract, joint replacements, cancer or more

5. Reduce Co-payment

An optional benefit to reduce co payment from 50% to 20%/30%/40%

6. Swap co-payment for deductibles

Choose your annual deductibles option as per your requirements and enjoy a co-payment

free health cover.

7. Enhance Sum Insured up to 100% with No Claim Bonus

Get rewarded for staying healthy with the no claim bonus feature. Add 10% to your base sum insured every claim free year. Max up to 100% of base Sum Insured.

8. Safeguard – Most opted Add-on. For a truly Cashless Experience

i. Coverage for non payable items like PPE kits, gloves, masks and more.

ii. Inflation protection coverage^ – Increase in base sum insured on a cumulative basis each policy year based on Inflation Rate.

iii. No Impact on No Claim Bonus – There will be no impact on your no claim bonus, if claims in a policy year are up to INR 50,000.

9. Available Discounts

• Tenure discount - Get discount of 7.5% on the premium of second policy year if you pay for a 2-year policy term in advance, and additional 15% discount on third year’s premium if you choose a 3-year policy term.

• Standing Instruction discount - Get 2.5% discount on renewal premium if standing instruction for auto debit on renewal is provided and the policy is renewed using the same.

• Tax Savings - Income tax benefit up to INR 21,372 under the Section 80D of the Income Tax Act, 1961%. Claim additional tax-saving benefit under 80D, if you pay premium on your parent’s behalf.

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