Manoj Gehi View On General Insurance &amp Personal Finance.

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. First Heart Attack ( Myocardial Infarction ) Open Chest CABG ( Coronary Artery Disease requiring surgery ). Stroke resulting in permanent symptoms. Cancer of specified severity. K...

In the world of uncertainties & stressful life you could contract a life threatening  disease. A critical illness plan keeps you financially protected if you contract  critical illness. SOME CRITICAL ILLNESS COVERED CANCER CORONARY BYPASS FIRST HEART ATTACK KIDNEY FAILURE STROKE Advantages of Critical Illness cover ¨       No Hospitalization is necessary so as to get the benefit amount, it is payable once the disease is diagnosed meeting specific criteria and the insured survives 30 days after the diagnosis. ¨       The insured receives the amount as lump sum so that he can plan the treatment accordingly. ¨       Expenses like donor expenses in a transplant surgery, which are not covered under normal health insurance policy, can be paid out of the amount received under this cover. should you need to know more on this write in to m...