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Star Senior Citizens Red Carpet Health Insurance Policy is a health plan made for people aged 60 to 75, with renewals continuing for life after entry. Sum insured runs from ₹1 lakh to ₹25 lakh on an individual basis, and couples can take a floater from ₹10 lakh. Pre-existing diseases are covered after 12 months, and the plan adds an outpatient consultation benefit and a yearly health check-up from ₹5 lakh. The trade-off is a 30% co-payment on every claim and fixed limits on room rent and on major conditions.
Entry age up to 75 years with no pre-policy medical test required at any sum insured level.
Red Carpet solves a real problem: finding a policy to enter after 60. Entry is open up to 75, renewals are for life, and the 12-month wait for pre-existing diseases is short. The price of that access is built into the benefits. You pay 30% of every claim, room rent is capped (1% of the sum insured per day up to ₹5 lakh), surgeon and hospital charges are capped at a share of the sum insured, and cataract, heart, stroke, cancer, kidney and major surgery claims are paid only up to fixed sub-limits. Those sub-limits rise slowly as the sum insured rises, so read the table for the sum insured you are considering instead of looking only at the headline number. The plan makes sense if you are over 60 and want cover that accepts you with a short pre-existing disease wait, and you can live with the co-payment. If you already have a plan with a higher claim payout, look carefully before you give up that continuity.
Star Health Insurance
Key Insights
Founded
2006
Star Health Insurance was established 20 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
90% CSR, calculated as a 3-year average
Star Health Insurance settles 90% of all claims it receives.
Network Hospitals
14,000+
Star Health Insurance has a network of 14,000+ hospitals, ensuring wide accessibility and convenience for policyholders.
Anyone aged 60 to 75 can take this plan. After 75 you cannot enter, but you can keep renewing it for life. Choose a 1, 2 or 3-year term.
Pre-existing diseases and their direct complications are covered after 12 months of continuous cover, provided they were declared and accepted at the time of application.
If the disease is also on the specified disease list, the longer 24-month wait applies.
Pick any of ten sum insured options from ₹1 lakh to ₹25 lakh on an individual basis. From ₹10 lakh, couples can also take a floater with one shared sum insured. In the prospectus examples, a ₹10 lakh floater for two costs ₹44,055 against ₹55,066 for two individual policies (before tax).
Room rent is covered up to 1% of the sum insured per day for ₹1 lakh to ₹5 lakh, ₹6,000 per day for ₹7.5 lakh and ₹10 lakh, ₹7,000 for ₹15 lakh, ₹8,500 for ₹20 lakh and ₹10,000 for ₹25 lakh. ICU is covered up to 2% of the sum insured per day up to ₹10 lakh, and at actuals from ₹15 lakh. Surgeon and specialist fees are covered up to 25% of the sum insured per hospitalisation. Operation theatre, medicines, diagnostics, dialysis, chemotherapy, radiotherapy and similar charges are covered up to 50% of the sum insured per hospitalisation.
Other hospital expenses are considered in proportion to the room rent limit.
All day care procedures, where you are admitted and discharged on the same day, are covered.
This separate add-on cover can be bought along with this plan. Ask for its prospectus and proposal form at the time of purchase.
All terms and conditions of the add-on cover apply.
Conditions or treatments that the policy clearly says it will not cover.
These conditions fall under the 24-month specified disease waiting period and are not payable until you have 24 months of continuous cover, except when caused by an accident. If one of them is also a pre-existing disease, the longer of the two waits applies, which is 24 months.
Insurer
Star Health Insurance plans and claim process
Anyone aged 60 to 75 can take this plan. After 75, only renewals are allowed.
The brochure promises guaranteed lifelong renewals. The policy wording says it is renewable unless the product is withdrawn, in which case you get options to migrate with your credits, or there is established fraud or misrepresentation.
Yes. You pay 30% of every claim, whatever your age or sum insured.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Star Health Insurance website before purchasing.
Contact Details
1800 425 2255
Headquarters: No. 1, New Tank Street, Valluvarkottam High Road, Nungambakkam, Chennai – 600034, Tamil Nadu, India
The aforementioned ratios have been averaged over three years (FY24-FY26)
The sub-limit is applied first and the co-payment is cut from the admissible amount. For example, on a ₹15 lakh individual sum insured, a stroke claim of ₹10,00,000 is first limited to ₹4,00,000. The 30% co-payment (₹1,20,000) is then deducted, so ₹2,80,000 is payable.
It is 12 months of continuous cover, and the disease must have been declared and accepted at the time of application. The 30-day initial wait and the 24-month wait for specified diseases also apply.
The insurer may ask for medical tests or a tele-underwriting call, depending on your sum insured, medical history, zone and age. If your proposal is accepted, it reimburses at least 50% of the cost of the pre-policy check-up. It can also add a premium loading based on what you declare.
Doctor consultations at network hospitals are covered at up to ₹200 each, within a yearly limit that depends on your sum insured. It is cashless only and is not available at ₹1 lakh and ₹2 lakh.
Individual cover gives each person the full sum insured. A floater, available from ₹10 lakh, shares one sum insured between a couple and costs about 20% less than two individual policies in the prospectus examples. Choose a floater only if you are comfortable with one large claim using up the shared cover.
Yes. Room rent is capped at 1% of the sum insured per day for ₹1 lakh to ₹5 lakh, and at ₹6,000 to ₹10,000 per day for ₹7.5 lakh to ₹25 lakh. If you take a costlier room, other hospital expenses are paid in proportion.
After 60 continuous months of cover, the insurer cannot contest your policy or claims on grounds of non-disclosure or misrepresentation, except for established fraud. When you raise the sum insured, the 60 months count afresh only on the increased amount.