What insurance do senior parents in India actually need?
Highest-impact insurance for any NRI with parents in India. ICU week at a Mumbai/Bangalore private hospital is ₹2-5L; serious surgery ₹5-15L. Aim for ₹15-25L cover per parent in metros, ₹10L in Tier 2-3. You can pay premiums from NRO; Section 80D deduction goes to whoever pays.
Designed for 61+. Lifetime renewable, no exit age. Gives full ₹25L cover from year 2 for most conditions (1-year PED wait). Daycare procedures + cataract covered. The cleanest senior product on the market.
Up to entry age 75 with lifetime renewability. Co-pay structure (30%) keeps premiums lower than competitors. Strong if your parents are healthy seniors who don't expect frequent claims.
Care Health's senior plan with no-room-rent-cap (avoids the most common claim disputes). Includes wellness coach calls and home nursing benefits. Underwriting in 48-72 hours including pre-policy medicals.
Bajaj Allianz's senior-friendly product. Largest cashless hospital network in India (~10,000+). Co-pay applies for 71+ entry; lifetime renewal. Good fit if your parents already have a Bajaj Allianz general insurance relationship or live in a Tier-2 city where the Star/Niva network may be thinner.