If the insured contracts any of the critical illnesses, the insurance company will pay a lump sum as agreed upon in the policy document. It covers six critical diseases. In order to make a claim it is necessary that policyholder survives for at least 30 days after confirmed diagnosis of the illness.
Premium paid towards the policy is eligible for taxation benefits under section 80D of Income Tax Act.
It covers only six critical illnesses.
| Scope Of Cover | |
| Critical Illnesses | |
| Coronary Artery Surgery | covered upto 20% of sum insured |
| Cancer | covered |
| Renal Failure (failure of both kidneys) | covered |
| Stroke | covered |
| Multiple Sclerosis | covered |
| Major organ transplants like lung, kidney, pancreas or bone marrow | covered |
| Exclusions and Waiting Period | |
| Pre-existing illnesses | not covered |
| Survival period | 30 days after confirm diagnosis of critical illness for making a claim |
| Waiting period | any illness during first 90 days from inception of the policy will not be covered |
Cost Details not available on the company's website. |
