JANUARY 16, 2018 BY HEALTHINSURANCEADVISOR
Religare Health Insurance has done a great job by designing a product which is beneficial for all age groups. Its only product in market which offers ” Win Win ” for Customers , company and advisors. Here is a review and comparison of Religare care , Bajaj Allianz silver Health and Star health senior citizen red carpet policy.
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| Religare Care | Bajaj Allianz Silver Health | Star Health Red Carpet |
| No upper age limit bar | Age Limit 46 – 70 years | Lower Age limit is 60 and upper is 74 |
| Guaranteed Renewal at all ages | Renewal only up to 75 | Guaranteed renewal after 75 years |
| Sum Insured 200000 to 6000000 | Sum Insured 50000 to 500000 | Sum Insured 100000 to 500000 |
| Pre Insurance medical test is mandatory for all senior citizen of any sum assured category. However once your policy is issued you can be rest assured about claims. | Pre acceptance medical tests at the cost of proposer. If the policy gets accepted then the amount will be reimburse by the company | No Pre Insurance medical test is required. i.e. the policy will be issued purely on utmost good faith and there is always a question on claim settlement |
| Preexisting diseases are covered only after 4 years. | Preexisting diseases are covered from 2nd year of policy. However any joint replacement surgery is not covered up to 4 years except accidental cases. | Pre Existing diseases are covered from first year only except for that disease for which medical advice/treatment was recommended in preceding 12 months. |
| 170 day care procedures | 130 day care procedures | 101 day care procedures |
| Copayment is not applicable if your sum assured is below 500000. Co Payment is 20% for all. As because this policy is not a separate senior citizen policy, anyone who enters the contract even at 59, doesn’t have any copayment lifelong. | In case of preexisting diseases company will bear 50% of the claim form second year onwards. Apart from this there is a co payment of 20% for treatment in non-network hospitals. | There is 50% copayment for preexisting diseases for all years and all sum assured category. There is 30% copayment for all other diseases and surgeries for all years and all sum assured category. |
| Room Rent is 1% of sum insured only for 2,3 and 4 lacs sum insured. Where the sum assured is 5 lacs and above we don’t have any limit on room rent. | No limit on room rent | Room Rent is up to 1% of Sum insured, maximum being 4000 |
| ICU charges is 2% of sum insured in 2, 3 and 4 lacs sum insured bracket and above this , there is no limit on ICU charges. | No Limit on ICU Charges | ICU rent is up to 2% of sum insured. |
| Ambulance covers starting from 1500/- per claim. This is available up to 3000/- per claim. | Emergency ambulance service available subject to a limit of 1000/-. | Emergency Ambulance service available to up to 600/- per hospitalization, maximum being 1200/- in a policy year. |
| There’s no sub limit on surgeries | No sub limits on surgeries | Cerebra vascular accident, cancer, cardio vascular disease, breakage of bones and renal complications are covered but only up to an extend of 75%(1L,2L), 53.3%(3L),42.5%(4L), 36%(5L) of the sum insured and 25% should be beard by the customer. |
| Whatsapp at 7015143936 for free Health Insurance Information. | Whatsapp at 7015143936 for free Health Insurance Quotes , Claim Ratio Statistics , Comparison . | Whatsapp at 7015143936 for Health Insurance for Heart Patients , Cancer Patients , People on Insulin |
| No loading at all whatsoever. | Loading applicable. | There’s 20% to 50% loading on premium on renewal of policy in case of claims in previous year. |
| Cashless/reimbursement both modes are available. | Cashless/reimbursement both modes are available. | Only on cashless basis in network hospitals. |
| Recharge Facility available up to 100% of sum insured. It’s double sum insured proposition. | Recharge facility not available | Recharge facility not available |
| Free Annual Health Checkup for all adult members. | Free Annual Health Checkup is not available | Free Annual Health Checkup is not available |
| Abroad hospitalization is avilable in 50 to 60 lacs sum insured | Abroad hospitalization is not possible | Abroad hospitalization is not possible |
| Maximum possible sum insured is 60 lacs, which is also the highest cover in industry. | Maximum possible sum insured is 5 lacs | Maximum possible sum insured is 5 lacs |
| Second Opinion could be arranged in case of selected 15 critical diseases or surgeries absolutely free of cost | Such facilities are not available | Such facilities are not available |
| Daily Cash allowance of 500/per day up to 5 days is available for each hospitalization. | Daily Cash allowance benefit is not available | Daily Cash allowance benefit is not available |