Critical illness coverage through health policies are always good, as they avoid a financial strain on you and your family members. The treatment of some diseases like cancer can be horribly expensive. Here are 7 critical illness policies that offer good coverage.
Apollo Munich Vital
Under the Optima Vital Insurance you will receive a lump sum for the identified critical illness, medical events or surgical procedures.
This amount is payable on confirmed diagnosis with defined severity of the illness or the date of undergoing specified surgery in respect of that Critical Illness and the insured surviving the defined survival period.
A good policy to meet your critical illness cover. Your premium will work to Rs 10,000 for a 10 lakhs policy.
Religare Health Insurance
Religare Health Insurance covers as many as 20 critical illnesses. There is also a personal accident cover where you get 100 per cent of the amount.
Under this policy health check up is required and also a second opinion. The premium would be slightly under Rs 14,000.
Bharti Axa Smart Health Critical Illness
You can opt for a coverage of Rs 5 lakhs, which would cost you a premium of Rs 5550. 20 diseases are covered under this plan and there is also a no claim bonus of 5 per cent. All health insurance plans get tax benefits under Sec 80D.
Aegon Life I Cancer
Aegon Life I Cancer covers all forms of cancer without restrictions. Amounts are disbursed at the various stages of cancer.
At the critical stage the benefit payment is 150 per cent. The premium is Rs 4036 for a Rs 10 lakhs policy.
ET Criticare from Edelweiss Tokio
In this policy you can make multiclaims for as much as three times. It covers as many as 17 diseases and there is no premium after the 1st claim.
You can get a lumpsum upto Rs 1 crore. It will cost you around Rs 5900 for a Rs 10 lakhs cover.
HDFC Life Cancer Care Silver
On detection of Cancer you get a lumpsum amount. In case you want a coverage of Rs 10 lakhs, the premium is around Rs 2048.
There is no requirement of medicaal under this policy. There is also a waiver of Premium for 3 years
MAX Bupa Health Assurance Critical Illness
Under this policy there are as many as 20 illlnesses that are covered. There is also a non claim bonus that is applicable of 5 per cent. There is no medicals that are required and the amount of premium is around Rs 8300.