Friday, September 13, 2024
HomeHealth & FitnessFather's Day 2024: 35% of Kids now Purchase fathers' Health Insurance

Father’s Day 2024: 35% of Kids now Purchase fathers’ Health Insurance

For a very long time, fathers have been the main providers of financial, emotional, and mental support for their families. Their children’s happiness and welfare frequently take center stage in their lives. Thankfully, their kids are showing them more and more affection and consideration.
According to a PolicyBazaar report, seniors currently purchase 25% of all health insurance plans. Interestingly, children purchase 35% of these health plans on behalf of their fathers. Additionally, 60% of non-resident Indian (NRI) customers purchase health insurance plans from India for their parents.

As healthcare costs rise, particularly due to medical inflation, it is more important than ever to ensure adequate coverage. Rising medical costs could put a financial burden on people, especially the elderly.
Give your dad a health insurance policy this Father’s Day. This kind act shields you from future medical emergencies while also guaranteeing your parents receive the finest care possible.

Senior Citizen Health Plans
Insurer: STAR
Plan: Star Comprehensive
Premium yearly: Rs 38,445
Sum insured: Rs 10 lakh
Age limit: 18-65
Co-pay: 90% claim paid by insurer, 10% paid by you
Existing illness cover: Covered after 3 years

Also Read:

Give Web3 Businesses Fair Playing Fields: BWA to FM Sitharaman Nirmala  

Revenue for Digital healthcare Startup Practo rises by 22% in FY24, while Losses Decrease by 90%.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments