: If the total sum insured is exhausted during a claim, the insurer refills it for subsequent hospitalizations within the same year—ideal for elderly patients.
: Prevents high out-of-pocket costs from draining retirement savings during unexpected surgeries or hospitalizations. buy medical insurance for parents
: In India, premiums paid for parents' health insurance are eligible for tax deductions under Section 80D of the Income Tax Act. Up to ₹25,000 for parents below 60 years of age. Up to ₹50,000 if parents are senior citizens (60+ years). Key Factors to Consider Before Buying : If the total sum insured is exhausted
: Look for plans that do not have "sub-limits" on room rent or specific diseases, allowing you to choose hospital rooms comfortably without extra out-of-pocket costs. Up to ₹25,000 for parents below 60 years of age
: Covers expenses like diagnostics, medicines, and follow-up visits incurred before and after the hospital stay.
: Most policies have a waiting period (often 2–4 years) for pre-existing conditions (PED) like diabetes or hypertension before they are covered.
: Ensure the insurer has a vast network of nearby hospitals for easy access to quality care.