What does it do?
It has been designed keeping in mind the supplementary policies that an individual buys in addition to a basic health policy to feel fully insured. It offers coverage of two different policies under a single policy. It pays a lump sum amount equal to the sum insured on confirmed diagnosis of any of the nine critical illnesses or accidental death or accidental permanent and total disablement. Apart from these, the policyholder will also be entitled to free health check-up after four consecutive claim-free years.
Pros
It will reduce paperwork.
This policy can be bought online.
Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act.
