Optima Senior provides lifelong health insurance coverage with a guarantee of no loading on change of health status
Mumbai: Apollo Munich Health Insurance has launched 'Optima Senior' for citizens above 61 years of age, reports PTI.
"With the onset of retirement, most people find themselves losing their corporate health insurance coverage, at a time when it is needed the most," Apollo Munich Health Insurance CEO Antony Jacob said in a release.
"Optima Senior caters to senior citizens who seek uncomplicated and easy to understand health insurance coverage, with minimal restrictions and maximum benefits," Jacob said.
Optima Senior provides lifelong health insurance coverage with a guarantee of no loading on change of health status, the release said, adding, it also offers hassle-free, uncomplicated coverage for those Indian citizens who are in their golden years and seek the best-in-class solution for their medical needs.
A person over 61 years can choose from three sum insured levels that is Rs2 lakh, Rs3 lakh or even Rs5 lakh.
Policy holders can also enjoy a 5% non-cumulative discount on the renewal premium payable under the policy after every claim free year, provided that the policy is renewed with the company without a break.
Apollo Munich Health Insurance is a joint venture between Apollo Hospitals Group and Munich Health, Munich Re's newest business segment.