There are a number of lifestyle-related diseases that are on the rise. Health issues such as cancer, stroke, kidney failure and cardiac diseases can be very expensive to deal with and manage longterm. This is precisely why critical illness insurance policies have been created. They can either be purchased as a rider or add-on with your regular health insurance plan or separately as their own plan. These policies offer cover for very specific issues and often provide claim pay outs as a single lump sum payment after the diagnosis of a critical illness.
What is covered
Pays a lump sum, up to the sum Insured on first diagnosis of any one of the following critical illness after a 30 or 15 days survival period from the date of the first diagnosis
- Myocardial infarction (First heart attack - of specified severity) Open chest CABG
- Stroke resulting in permanent symptoms Cancer of specified severity
- Kidney failure requiring regular dialysis Major organ transplantation
- Multiple sclerosis with persisting symptoms Permanent paralysis of limbs
- Pre-policy check may be required depending on the age and sum insured at the company specified centre at your own cost.
What is covered
What is not covered
Waiting period of first 90 days will apply to all claims unless the insured person has been insured under this policy continuously and without any break in the previous policy year. 48 months waiting period for all
- pre-existing conditions declared and/ or accepted at the time of application
- War or any act of war, invasion, act of foreign enemy, (whether war be declared or not or caused during service in the armed forces of any country), civil war, public defence, rebellion, revolution, insurrection, military or usurped acts, nuclear weapons/materials, chemical and biological weapons, radiation of any kind
- Insured person committing or attempting any breach of the law with criminal intent or arising out of or as a result of any act of self-destruction or self-inflicted injury, attempted suicide or suicide
- Insured person’s participation or involvement in adventure sports..
- Involvement in naval, military or air force operations
- The abuse or the consequences of the abuse of tobacco, intoxicants or hallucinogenic substances including all forms of narcotic drugs and alcohol unless prescribed by medical practitioner
- Lymphomas in brain, kaposi’s sarcoma, tuberculosis
- Any treatment arising from pregnancy (including voluntary termination), miscarriage, maternity or birth (including caesarean section), congenital external defects or anomalies
- For a complete list of exclusions, kindly refer to our policy wordings.