Senior citizens are more likely to use their insurance as they are more vulnerable to multiple diseases due to their age.

Normal health plans also cover all types of ailments and can be renewed annually.

"This is not in the case of any specialised plan," adds Ankit Agarwal, managing director, Alankit Limited.

Specific plans may even have a larger co-pay ratio. Health insurance co-pay refers to an arrangement in which the policyholder needs to pay a portion of the medical expenses on their own and the insurance company pays only the remaining amount. If the co-pay amount is high, the main purpose of the policy is defeated.

Medical costs have also become very expensive these days. So it's better to buy a policy with a larger sum assured. This helps insured to pay for the treatment at a better hospital, even if the rates are costly.

Alankit endeavours to contribute its best towards this sensitive domain, introducing world-class health practices and benefits as per the current industry standards globally. Its state of the art technology, in-house software managed by the professional tech-masters, dedicated workforce and continuous innovative techniques, all contribute to Alankit's (https://www.alankit.com/health-insurance-tpa) achievements in the segment.