What is critical illness insurance?

What is critical illness insurance? Benifits

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What is critical illness insurance, critical illness insurance Benifits: Taking a health insurance policy has become a common thing in today’s date. But there are some life threatening diseases which the basic health insurance policy does not cover.

That is why today most insurance companies are providing critical illness insurance policy to their customers.

Almost all those life threatening diseases are covered in this insurance policy. Which is not covered in your basic health insurance policy.

In this health insurance, you are provided high sum insured amount. So that the policy holder can give his full attention to his health.

All these critical illness health insurance policy help the policy holder financially at that time. When the policy holder is fighting the war of life and death, at such a time it is very important that you are financially strong.

We all know friends if we get any such disease which is very serious. So it becomes very difficult to fight such a disease without a health insurance.

Because our entire life savings are spent in curing the disease and the financial condition of the family also becomes bad.

In such a situation, if you have a critical illness insurance, then you get a lot of help financially. Keeping all these things in mind, today most insurance companies are providing critical illness insurance to their customers.

What is critical illness insurance

Types of Critical Illness Insurance Policy

Friends, there are two types of critical illness insurance policy, about which we are telling you below –

(1) Individual Critical Illness Insurance Plan: This insurance policy is exclusively for individual, so the features and benefits of this health insurance policy are also limited. Because only one single person is covered in this.

(2) Family Critical Illness Insurance Plan: As the name suggests, all the members of the family are covered in this health insurance policy. If any member of the family has a critical illness, then he can claim insurance on the basis of T&C of this insurance policy.

Best Critical Illness Insurance Plans in India

Friends, below we are telling you the critical illness insurance plan of some such insurance companies. Which is considered to be the best in the whole of India and is also considered as the best critical illness insurance policy in the market.

In all these health insurance policies, you get the best benefits, features, sum insured option, apart from this your entire family is covered.

(1) Optima Vital Plan: This health policy is given by HDFC Ergo Health Insurance Company. This health insurance plan was earlier also known as Apollo Munich. The minimum entry age in this insurance plan is 18 years and the maximum entry age is 65 years. In this you get a minimum sum insured of 1 lakh and maximum sum insured up to Rs 50 lakh. The term of this policy has been kept minimum 1 year and maximum 2 years.

(2) CritiCare Plan: This critical illness insurance plan is given by Max Bupa Health Insurance company. In this, the minimum entry age is 18 years and the maximum entry age is 65 years. In this, you get the minimum sum insured of 3 lakhs and the maximum sum insured up to 2 crores. The time period of this policy is minimum 1 year and maximum 3 years.

(3) Critical Illness Plan: This insurance plan is provided by HDFC Ergo Insurance Company. In this, the minimum entry age is 5 years and the maximum entry age is 65 years. In this you get two types of plans in which different sum insured amount is covered. Like if you take its silver plan. So in this you get sum insured up to 5 lakhs, 7.5 lakhs and 10 lakhs. The same if you take its Platinum plan, then in this you get a sum insured of 2.5 lakh, 5 lakh, 7.5 lakh and 10 lakh. Its minimum policy term is 1 year and maximum is 2 years.

(4) Life Cancer Care Plan: This health insurance plan is provided by HDFC insurance company. In this, the minimum entry age is 5 years and the maximum entry age is 65 years. Also, the minimum sum insured amount is 10 lakhs and the maximum sum insured is up to 50 lakhs. The term of this policy ranges from minimum 3 years to 85 years (from entry age).

(5) Lifestyle Protection Critical Care Plan: This plan is provided by ManipalCigna insurance company. In this, the minimum entry age is 18 years and the maximum entry age is 65 years. In this insurance plan, the sum insured of minimum 1 lakh and maximum 1 crore (if your age is more than 36 years) or 3 crore (if your age is less than 35 years) is insured. The term of this policy is minimum 1 year and maximum 3 years.

(6) Critical Illness Plan: This health insurance plan is provided by Reliance Health Insurance company. In this, the minimum entry age is 18 years and the maximum entry age is 65 years. In this, you get a minimum sum insured of 5 lakhs and a maximum of 10 lakhs. The term of this policy is minimum 1 year and maximum 3 years.

(7) Critical Illness Insurance Plan: This health insurance plan is given to you by the Care Health Insurance company. In this, the minimum entry age is 5 years and the maximum entry age is 50 years. In this, you get the sum insured of minimum 10 lakhs and maximum 20 lakhs. The term of this policy is minimum 1 year and maximum 3 years.

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Conclusion:

So friends, out of all the 7 best critical illness insurance plans mentioned above, you can choose according to your need.

For more information about all these insurance plans, you can talk to the customer care of the insurance company.

Or you can also get complete information about their health insurance plan by visiting their website. Like what are the terms and conditions of these insurance plans and or how will they help you.

What kind of documents will be required when you go to claim insurance. You will get all this information on the website of these insurance company.

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