health insurance policy, compared to a regular one, as the former has more benefits. Read on to know why.Benefits of senior citizen-specific policiesOne of the main advantages of a senior citizen specific health insurance policy is the shorter waiting period of one to two years for pre-existing illnesses, compared to four years under regular plans.Since the chances of contracting serious ailments increase as you age, treatment for the same could prove to be expensive.
A regular health insurance policy may not include coverage for pre-existing diseases and can cause significant financial drain.
But most senior citizen health insurance policies do, and no medical tests are required for availing insurance.Post-hospitalization costs and day.