National Insurance offers 'Varishta Mediclaim Policy', for seniors aged 60-80.

Maximum sum
insured offered is Rs 1 lakh for hospitalisation and Rs 2 lakh for critical illness.

Read more at:

//economictimes.indiatimes.com/articleshow/58655579.cms?utm_source=contentofinterest&utm
_medium=text&utm_campaign=cppst

LIC's Varishtha Pension Bima Yojana 2017 will provide an assured pension to senior citizens
based on a guaranteed rate of return of 8% for 10 years. A maximum of Rs 7.5 lakh can be
invested in this scheme and one can get pension on monthly, quarterly, half-yearly or annual
basis.

Read more at:

//economictimes.indiatimes.com/articleshow/58655579.cms?utm_source=contentofinterest&utm
_medium=text&utm_campaign=cppst

Air travel
Air-India: Senior citizens with Indian citizenship, who are over 60, are eligible for 50% discount
on economy fare for domestic travel.

Read more at:

//economictimes.indiatimes.com/articleshow/58655579.cms?utm_source=contentofinterest&utm
_medium=text&utm_campaign=cppst

The Ministry implemented the National Programme for the Health Care for the Elderly (NPHCE) from the
year 2010-11. NPHCE forms part of the Non Communicable Division in the Ministry

Integrated Programme for Older Persons (IPOP)

Up to 90% of the cost of the project indicated in the scheme will be provided by the Government of
India and the remaining shall be borne by the organization/ institution concerned. In the case of
schools, colleges, Educational.

VARISHTHA Mediclaim for Senior Citizens

(ii) VARISHTHA Mediclaim for Senior Citizens This policy has been designed to cater to the needs of our
Senior Citizens. It covers Hospitalization and Domiciliary Hospitalization Expenses under Section I as well
as expenses for treatment of Critical Illnesses, if opted for, under Section II. Diseases covered under
Critical Illnesses are as under: Coronary Artery Surgery, Cancer, Renal Failure, Stroke, Multiple Sclerosis,
Major Organ Transplants, Paralysis and blindness at extra premium. Persons who will not opt for critical
illness cover are entitled to Hospitalization and Domiciliary hospitalization expenses cover for those
diseases categorized above as critical illness but up to the limit of Sum Insured under Section I i.e. under
Hospitalization and Domiciliary Hospitalization 46 Expenses and the claim for those diseases will be paid
on reimbursement basis or as cashless hospitalization. Sum Insured is fixed per person. Under
Hospitalization & Domiciliary Hospitalization Cover sum Insured is Rs.1,00,000/- and under Critical Illness
cover Sum Insured is Rs. 2,00,000/-. For fresh entry in to the scheme the age limit is 60 years to 80 years.
However, for renewal, age limit will be extended up to 90 years in which case the premium of 76 years
to 80 years age ba

LIC Jeevan Akshay is an immediate annuity plan. An immediate annuity plan is a type of pension plan in
which annuity begins immediately. That is there is no accumulation phase. It can be purchased by paying
a lump sum amount. The plan provides for annuity payments of a stated amount throughout the life
time of the annuitant. Various options are available for the type and mode of payment of annuities.
Salient features: Premium is to be paid in a lump sum Minimum purchase price : Rs.100,000/- for all
distribution channels except online; Rs.150,000/- for on line 49 No medical examination is required
under the plan No maximum limits for purchase price, annuity etc. Minimum allowed age at entry is
30 years (completed) and Maximum allowed age at entry is 85 years (completed). Age proof necessary