Critical illness

In today's busy life, the risk of serious diseases is increasing rapidly. Diseases like heart attack, cancer, stroke not only affect health, but also become a big challenge financially. At such a time, critical illness insurance can become a strong support.

Critical illness insurance is a plan that provides a lump sum amount to the insured when a critical illness is diagnosed. This amount can be used for treatment, hospital expenses, medicines, or even for running the house. The biggest thing is that this amount gives the insured the right to spend with complete freedom, whether it is for medical expenses or for any other important work.

This plan usually covers serious conditions like cancer, heart attack, kidney failure, stroke. Some insurance companies include even more diseases, making the cover even more comprehensive.

It is also important to take critical illness insurance because along with medical expenses, there may be loss of income during illness. Receiving a lump sum amount provides financial stability to the patient and his family and they can completely focus on the treatment.

Key Features of Critical Illness Insurance :

• A lump sum amount is provided to the policyholder upon diagnosis of a critical illness.

• This amount can be used for treatment, medicines, hospital expenses or daily living needs.

• Currently, diseases like cancer, heart attack, stroke, kidney failure are covered under this insurance.

• Some plans also provide coverage for more than 30 to 40 critical illnesses.

• Along with the cost of treatment after the illness, the possible loss of income can also be compensated.

• The entire amount is given to the policyholder in one go, so that he can spend it according to his own convenience.

• There is a waiting period of the first few months after taking the policy, after which a claim can be made.

• The premium of critical illness insurance is decided according to age and health condition.