Magma Health Insurance for Senior Citizen

Health insurance is necessary for senior citizens, especially when they plan to retire and live on pension or interest from savings. Magma HDI understands this and offers OneHealth insurance policy, which comes with coverage for senior citizens. Available on an individual and family floater basis, OneHealth insurance provides comprehensive cover for medical treatment of illnesses and accidents requiring inpatient hospitalisation. This policy comes with 4 variants namely Support, Support Plus, Shield, and Premium.

Key Features

• Hospital cash benefits ranging from Rs. 500 to Rs. 1,500 per day
• The minimum sum insured is Rs. 2 Lakh and the maximum is of Rs. 50 Lakh
• Optional coverage benefits of Critical Illness and Personal Accident Cover
• Lifelong renewability of the policy
• 10% discount for 2-year policy tenure and 12.5% for 3 year tenure
• Restoration of the sum insured, a maximum of up to 100% of SI
• Cumulative bonus and free health check-up benefits

Scope of Coverage

• AYUSH cover: For non-allopathic treatment like Ayurveda
• Cover for self, spouse, dependent children, parents, parents-in-law, son-in-law, daughter-in-law and grandchildren
• Pre & post-hospitalisation under all the four policy variants
• E-medical opinion in case of any specified Critical Illness
• Cover for worldwide emergency hospitalisation and air ambulance cover under Premium plan
• Expenses for daycare procedure, organ donor and domiciliary hospitalization
• Costs of accommodation, doctor’s fee, OT, medicines, etc.

Eligibility

Any person up to the age of 65 years can buy the policy. To continue the policy, they can renew the policy lifetime. The minimum age of an adult should be 18 years. The policy also covers children right from 91 days under floater option and from 5 years under individual plan.

Exclusions

• No claim for injuries/ailments arising from use/abuse of alcohol or drugs
• Any injury developed owing to riot, war, military operation, etc.
• Exclusion of critical illness until the waiting period of 90 days
• Treatment related to external congenital anomaly and disorders
• AIDS, HIV or any other related diseases

To know more about OneHealth Insurance policy and its benefits for senior citizens and others, dial our toll-free number 1800-120-5698. Our health insurance experts are ready to help you.