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Health Insurance for Parents

100% coverage at 7000+ hospitals starting @ Rs. 20/day*

✅ Zero waiting period ✅ Zero deductions at claim

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Medical issues can increase with time & age, and we often see our parents struggling with age-related complications. The right treatment at an early stage can help reduce the pain and effects of such an illness. However, rising medical costs can cause a delay in treatment and lead to a medical emergency. To avoid this, one must create a solid financial safety net with health insurance plans designed for parents. Such plans are slightly different from regular health insurance policies.

Let us dive deeper into Health Insurance for Parents and understand how you can choose the best policy for them.

Health Insurance for Parents
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Health insurance plans, that cater to the needs of ageing parents can be termed Health Insurance for Parents. Specifically, these health policies are created for the needs of people above the age of 45 or 50 years.

Types of Health Insurance Plans for Parents in India
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You can choose from three different options when you are buying a mediclaim policy for your parents. Take a look at the list of health plans available for parents in India.

Senior Citizen Health Plan
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This mediclaim policy is specially designed for ageing people and takes care of their healthcare expenses in a comprehensive manner. A Senior Citizen plan offers additional benefits and coverages that can be avoided in a basic health insurance policy. For example, less waiting period and lifetime renewability.

Family Floater Health Insurance
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As the name suggests, a Family Floater health plan is a group coverage that insures family members. For example, immediate family members like spouse, children, parents, and/or in-laws.

Individual Health Insurance Policy
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An Individual Plan can cover each parent with mediclaim policy. This plan is ideal if your parents’ age is relatively lower. For example, this plan is beneficial for parents below the age of 60 years.

Also, read: Types of Health Plans

Benefits of Choosing Parents Medical Insurance Policy Online
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Buying insurance in the traditional manner can be a time-consuming process. You must meet an insurance agent or visit the insurance company, check out various plans to choose the right one, and submit documents. All this can take several days. Instead buy health plans online to get various benefits. Here is why buying health insurance online is beneficial.

Easy Comparison
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It is highly unlikely that you compare health insurance plans manually. Instead, you would request your insurance agent to choose health insurance coverage for your parents. This is not the right way to buy insurance as an agent has a vested interest in the most expensive cover you buy. This can lead to buying an unrequired plan. Online health insurance makes it easy to compare health plans. You can compare the features, coverages, exclusions, and the cost of your parents’ health insurance plan. There is more transparency of information when you buy a health insurance plan online. 

Lower Premium
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Traditional insurance involves higher operational costs and agent commissions. These are eliminated from online insurance. Here, you buy the plan directly from the insurer’s website (for example or mobile app. Thus, you can buy a health insurance plan at a comparatively lower cost. Online health insurance is also easy to understand. This leads to a quicker purchase while ensuring transparency. 

Less Documentation
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Buying health insurance from an agent may require the submission of a long list of documents. You need to submit multiple copies of documents like age proof, ID proof, medical reports, etc. You can submit the soft copies or details while purchasing your health insurance policy online. This information is stored in the insurer’s database and can be retrieved at the time of renewals/claim settlement.

Eligibility Criteria for Mediclaim Policy for Parents
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Health insurance or mediclaim policy plans for parents are usually available from age 60 to 80 years. Whereas the entry age for a Senior Citizen plan is 65 years. Such plans generally have life-long renewability. However, one should check the terms & conditions before buying the policy.

Documents Required to Buy Health Insurance for Parents
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Inclusions of Medical Insurance for Parents
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Inclusions or coverages are conditions when you must raise a claim. A claim will help you get financial aid for paying medical bills and other health-related expenses. Here is a list of general inclusions.

Exclusions of Health Insurance
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Here is a list of common exclusions of Parents Health Insurance Policy. These are situations where you cannot raise a health insurance claim.

There are tax benefits available on Health Insurance for Parents under Section 80D of the Income Tax Act, 1961. The following figures are as per recent changes in Section 80D. However, they may change as per the corresponding year's financial regulations.

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Take a look at some of the common questions people have while understanding Health Insurance for Parents.


Is it beneficial to buy Health Insurance for Parents?

Yes, buying a health insurance policy for ageing parents is beneficial as it reduces out-of-pocket expenses while ensuring the best treatment for them.

Are medical tests necessary while buying Health Insurance for Parents?

It depends upon the age of parents and the terms & conditions of the insurance company. A few insurers may need basic information to issue a policy, while many insurance companies may ask for medical reports. You can check with your health insurance company and decide which insurer to pick.

Is it possible to include my parents in the Family Floater Health Insurance Policy?

Yes, you can add your parents to the Family Floater Health Plan. They can share the sum insured of the health plan.

Can I get immediate coverage for pre-existing diseases for my parents?

Usually, a waiting period is applicable on pre-existing diseases. Meaning, you can claim only after a certain number of renewals. Please go through the "Waiting Period" section of your health policy to know more.

Why is it said that health insurance for mothers is important?

Mothers tend to ignore their health issues, citing monetary reasons or lack of time. A good health insurance plan can help them get the correct treatment at the right time. Thus, health insurance for a mother is important.

Is there any difference between Senior Citizen and Parents Health Insurance?

A Senior Citizen plan is one of the types of Parents Health Insurance plans. There is no direct difference between the two, and similar benefits can be availed. However, a Senior Citizen Health Insurance plan is for people above the age of 60 years.

What is the difference between Family and Parents Health Insurance?

A Family Health Insurance plan can help cover self, spouse, and parents. It can include parents if the policyholder does not wish to buy a separate health plan for parents. The sum insured can be shared among all the insured persons.

Why do you need the best Health Insurance Coverage for your Parents?

Medical expenses increase with age-related complications and can become a financial liability in the long run. Buying Health Insurance for Parents ensures that timely treatment is given to them without facing a financial loss. Thus, you need a health insurance policy to cover your parents.