Senior citizen health insurance plan, in that case, is not required to be purchased.Individual or family floater health plan allows one to buy them till age 65, and have lifetime renewability. Ravichandran says, "The coverage under senior citizen plans is generally more restrictive compared to regular plans offered by insurers. "Exclusive senior citizen health insurance plans may be highly restrictive in terms of features. Read on to avoid any surprises later on.Co-payment is typically a mandatory feature in all senior citizens health insurance plans. Therefore, someone who is not eligible to purchase a regular health insurance plan, because of age limits, should only consider them.

Source: Economic Times June 30, 2017 05:15 UTC