Give Back to Your Parents with the Right Insurance Plan
Our parents spent their lives taking care of us—now it’s our turn. Health insurance for parents is not just a wise financial decision, it’s a way to ensure they get the best possible medical care without delays or financial stress.
In 2025, healthcare costs continue to rise. A dedicated insurance plan for parents can cover hospitalization, surgeries, chronic illness, and regular medical check-ups—especially after retirement.
Why You Need Insurance for Your Parents
✔️ Covers Age-Related Illnesses
✔️ Protects Your Savings from Medical Bills
✔️ Access to Quality Healthcare Facilities
✔️ Cashless Hospitalization Across Network Hospitals
✔️ Peace of Mind for the Whole Family
Types of Insurance Plans for Parents
✅ Health Insurance for Senior Citizens
Designed for individuals aged 60 and above, these plans offer higher coverage and benefits tailored to older adults.
✅ Critical Illness Insurance
Covers major illnesses such as cancer, stroke, heart disease, and kidney failure with a lump sum payout on diagnosis.
✅ Family Floater Plans with Parental Coverage
Allows you to include your parents in your family health insurance policy.
✅ Term Life Insurance for Parents
Ideal if your parents are under a certain age limit (typically 65). Provides financial support to dependents in case of an unfortunate event.
Best Insurance Features to Look for in 2025
- ✅ Coverage up to ₹10–50 Lakhs or more
- ✅ Cashless Treatment in 5,000+ Network Hospitals
- ✅ No Claim Bonus (NCB) for every claim-free year
- ✅ Pre and Post Hospitalization Coverage (30 to 90 days)
- ✅ Daycare Procedures & OPD Cover
- ✅ Domiciliary Treatment & Home Care
- ✅ Lifetime Renewability
Documents Required to Buy Parents Insurance
- Age & Identity Proof (Aadhar, PAN, Passport)
- Address Proof
- Recent Medical Reports (if applicable)
- Passport-size Photos
- Income Proof (for tax-saving policies)
How to Choose the Best Insurance Plan for Your Parents
- Check Entry & Renewal Age Limits
Choose a policy that allows entry after 60 and offers lifetime renewability. - Compare Premiums vs. Benefits
Don’t just go for the lowest premium—look at coverage limits, room rent capping, and exclusions. - Look for Cashless Network Hospitals
Ensure your parents have access to hospitals nearby that accept cashless claims. - Understand Pre-Existing Illness Waiting Periods
Choose policies with shorter waiting periods (2–3 years is ideal). - Read Customer Reviews & Claim Settlement Ratio
Pick a provider known for high claim approval rates and customer service.
Frequently Asked Questions (FAQs)
Q1. Can I get health insurance for parents above 60 years?
Yes, there are many senior citizen health insurance plans specifically for individuals over 60.
Q2. Can I include my parents in my family floater plan?
Yes, but after a certain age (usually 60+), it’s better to opt for individual senior citizen policies.
Q3. Is premium for parents’ insurance tax deductible?
Yes! Under Section 80D, you can claim tax deductions up to ₹50,000 for premiums paid for parents aged 60 or above.
