Critical Illness Insurance

Critical Illness Insurance

Critical illness health insurance plans are meant for the specific purpose of providing a safety net against serious illness such as Heart attack, Paralysis, cancer, organ transplant bypass surgery etc.

Benefits Of Critical Illness Insurance

• Coverage is provided for up to 36 life threatening diseases
• Convenient, fast, hassle-free claims process
• The sum assured provided is in the form of lump sum payment which can be used as an income replacement
• 100% benefit pay-out upon diagnosis of terminal illness
• Provides accidental death benefit
• Protection against disability
• Tax Benefits under Critical Health Insurance

Importance of Critical illness Insurance

Any major sickness or illness can have a debilitating effect on the patient’s life.

It leads to huge medical treatment costs and the same time leaves the family members shattered both emotionally as well as financially.

At such circumstances, a Critical Illness Insurance comes as a real saviour, guaranteeing financial protection whenever there is shortage of funds for getting the patient treated.

Here, the insurance company offers an amount in lump sum in case the insured gets diagnosed with any of the critical illnesses mentioned in the policy document.

Covering the medical costs of the patient as well as the day-to-day expenses of the family members would be taken care by the Critical Illness Insurance Plan.