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It can help you pay medical bills; otherwise, these expenses can consume your retirement savings, leading to financial instability.
You will need adequate insurance coverage for serious diseases like cancer as their treatments are often expensive.
The policy is available for people aged 60-80 and covers up to Rs 2 lakh for eight critical illnesses.
It offers healthcare coverage of up to Rs 5 lakh for senior citizens, women, and children in each BPL household.
Health of Privileged Elders (HOPE) is a central government initiative offering insurance coverage of Rs 1-5 lakh for people over 60.
The United India Insurance Company offers insurance coverage of Rs 1-3 lakh for people aged 61-80 with a 5% family discount.
The scheme offers coverage for people over 60, with a 10% family discount on Ayurveda, Unani, and homoeopathy treatments.
Compiled By Himani Verma