Turning sixty is a major milestone for a person. It is time to become more careful about one’s health. Any kind of illness can bring in a lot of anxiety and mental stress in the family. So, not to worry anymore, STAR Health Insurance Company has come up with Star Senior Citizens Red Carpet Health Insurance Policy specifically aimed at senior citizens. It provides cover to anyone from the age of 60 and permits entry right up to the age of 75 with continuing cover thereafter till lifetime.
A) Hospitalization Cover – Expenses relating to the hospitalization will be considered in proportion to the room rent limit stated in the policy or actuals whichever is less. The expenses of room, boarding and nursing expenses are as per the table given below –
B) ICU Charges – ICU charges depends upon the sum assured of the policy. The below table shows the charges against the sum assured.
|Sum Assured (Rs)||Limit Per Day|
|Rs 1 lac to 10 Lacs||Up to 2% of Sum Insured|
|Rs 15 Lacs to 25 Lacs||Actuals|
C) Various Expenses – Fees of Surgeon, Anaesthetist, Medical Practitioner, Consultants, and Specialist’s charges will be paid up to 25% of the sum insured per hospitalization. Cost of Anaesthesia, Blood, Oxygen, Operation Theatre, and Pacemaker charges will be paid etc up to 50% of the sum insured per hospitalization.
D) Ambulance Charges – Emergency ambulance charges for transporting the insured person by private ambulance services to the hospital is giver below –
E) Pre-Hospitalization Expenses – Pre-hospitalization medical expenses incurred for a period, not more than 30 days prior to the date of hospitalization, for disease/illness, an injury sustained following an admissible claim for hospitalization under the policy.
F) Post-Hospitalization Expenses – Wherever recommended by the treating medical practitioner, Post Hospitalization medical expenses equivalent to 7% of the hospitalization expenses comprising of Nursing Charges, Surgeon / Consultant fees, Diagnostic charges, Medicines and drugs expenses, subject to a maximum as per the table is given below:
Can I cancel the policy if I didn’t like it’s terms and conditions?
If the policyholder doesn’t like the terms and conditions of the policy then the policy can be returned within a period of 15 days from the date of receipt of the policy. This period is called Free-Look Period.
Premium Chart of this policy –
Below table shows the premium details of this policy excluding tax.
There are various exclusions in this policy. For a complete list of exclusions, kindly refer to the policy wordings (pages 4 and 5).
|Intentional Self Injury||Sexually Transmitted Diseases|
|Circumcision, Preputioplasty, Frenuloplasty||Any hospitalizations which are not Medically Necessary|
|Unconventional, Untested, Unproven, Experimental therapies||Cochlear implants and procedure-related hospitalization expenses|
So, by now you know each and every important detail about this policy. Do let me know if I have missed any important points in the comment section. Please feel free to ask any doubts regarding this policy.
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