Skip to main content

Review of Critical Illness Policy

Most Of Us have a Health Plan / Mediclaim Policy so that our Finances are not effected in case of hospitalization.
Do we have a Critical Illness Plan in Place so that our Finances Are Not Affected in case a Critical Illness Strikes ????

One Needs To Understand What is a Critical Illness Policy ?
Critical Illness Policy is a policy which gives you & your family Financial Support in case a Critical Ailment Strikes. Gives you Financial Support over & above your existing Mediclaim Policy.
Under the Critical Illness Policy Diagonsis is Important & Survival post Diagonsis is important.
Under Critical Illness Plan Hospitalization isnt Mandatory.

Let Us Now Understand Which Critical Illness Are Covered under this policy.
Most of these policies cover the following 10 illnessess.
  1. First Heart Attack ( Myocardial Infarction )
  2. Open Chest CABG ( Coronary Artery Disease requiring surgery ).
  3. Stroke resulting in permanent symptoms.
  4. Cancer of specified severity.
  5. Kidney Failure requiring regular Dialysis.
  6. Major Organ Transplantation.
  7. Multiple Sclerioris with Presiting Symptoms.
  8. Surgery of the Aorta.
  9. Primary Pulmonary Arterial Hypertension.
  10. Permanent Paralysis Of The Limbs.

ADVANTAGES:-

  1. The benefit amount is payable once the disease is diagnosed meeting specific criteria and the insured survives 30 days after the diagnosis.
  2. The insured member can utilize this amount for treatment of the disease, lifestyle changes, donor expenses.
  3. No T. P. A Involved,Hassle free In House claim process.
  4. Premiums Paid are exempted under 80 D of the income tax act.
Sum Insured Options

Sum Insured options of Rs100000/- to Rs 5000000/- for age

group 6 years to 60 years
Sum Insured options of Rs100000/- to Rs 500000/- for age
group 61 years to 65 years


One has to under go Pre Policy Health Checkup at the designated centre's given by the respective company which would be advised based on theage, Sum insured opted and the adverse health declaration onthe proposal form (if any).

there could be loading's applicable on the premium depending from case to case.

Exclusions :- Any Pre Existing Disease will not be covered . Kindly refer policy conditions for detailed description on exclusions & coverage.

 In my opinion a critical illness plan is a must have so as to financially protect one self against unfortunate event.
for further information & support REACH US AT
email: planmyinsurance@gmail.com





Labels:

Comments

Post a Comment

Popular posts from this blog

New Revised Health Guard Plan From M/s. Bajaj Allianz General Insurance Co Ltd.

BAJAJ ALLIANZ GENERAL INSURANCE REVISES THEIR HEALTH POLICY A s stated earlier in my earlier post there are changes happening in the health insurance sector…. Keeping in tune with the same Bajaj Allianz has revised their Health insurance plan known as Health Guard. Kya Naya Hai you may ask ???? Major details given below are of the Gold Plan. Sum insured Options upto Rs. 50,00,000 Lakhs. Two Plans Silver & Gold Zone wise premiums A zone & B zone. Mumbai falls in A Zone. Silver Plan with sum insured below Rs. 150000  & Rs.200000 with sub limits,restrictions refer policy document. Gold Plan with Sum Insured from Rs.300000 to Rs. 50,00,000 Sum Insured  Sum insured Reinstatement Benefit for the same Illness. One of exclusive type in health insurance.(payable once for cancer* & kidney failure*) for details refer policy document. Pre Existing Diseases waiting period Reduced to 36 months instead of 48 months earlier Cataract Cover incr...
Post a Comment
Read more
A New Start in The New Year !!!!!!!!!!! Starting this year you will be able to find reviews on various Health insurance policies available. As such will help you decide on the one you will wish to have. It may be noted and informed that THE REVIEWS GIVEN BELOW ARE BASED ON PURELY PERSONAL OBSERVATIONS & DOESNOT INTEND ANY PROMOTION OR SALE OF ANY POLICY OR PRODUCT OF ANY INSURANCE CO. REVIEW ON APOLLO MUNICH HEALTH INSURANCE EXCLUSIVE POLICY ON DENGUE This policy is an exclusive product Covering Only DENGUE  introduced by Apollo Munich Health Insurance Company Limited. More on this policy..... The policy is available in two sum insured’s one is Rs.50000 and other is Rs.100000/- This policy covers in patient hospitalization due to dengue only for admissions more than 24 hours. This plan can be bought by age between 18 to 65 years. It is available only on individual basis not floater basis. if parents are getting covered they can get their ch...
Post a Comment
Read more

Insurance For Diabetics

People with diabetes, who are considered a 'high-risk category' by health insurance providers and therefore often find it difficult to get a proper medical insurance cover, would now have options to choose from . Until recently, Diabetes Safe from Star Health Insurance was the only specialized comprehensive health plan available for people suffering from this ailment. Now, another stand alone health insurer, Apollo Munich Health Insurance (AMHI) is all set to the offer 65 million diabetic patients in India with another option called Energy--a specialized plan for individuals living with diabetes mellitus 2 and/or hypertension . The product  will initially be available in eight cities from December 16, before being rolled out nationally next year. "Energy is a comprehensive wellness plan that not only covers you in case of hospitalization but also provides a health eco-system to help manage your health better and also rewards them with special offers from health p...
Post a Comment
Read more