According to V. Jagannathan, CMD, Star Health and Allied Insurance, one must take a proper health insurance plan for the elderly. These days there are health insurance plans exclusively available for senior citizens who are over 65-years-old. When taking a policy for them, try and avoid co-pay as well as any sub-limits. To make any future claims hassle free, ensure that you have declared every detail correctly in the application form, lest you are declined a claim on account of concealment of facts later. Price is critical when choosing a policy, so compare among the available options and start with a cover of Rs. 7.5 lakh, if you can afford it. The fact that you can claim additional tax deductions when taking such a policy is an added benefit to you.