What does it do?
A diabetic policyholder gets a cover for medical expenses for treatments taken as an inpatient. Though, this policy does not cover treatment of diabetes mellitus type II, it covers certain conditions like laser treatment for diabetic retinopathy, treatment for chronic renal failure due to diabetes and treatment of diabetic foot ulcer.
Pros
Premium paid under this policy qualifies for deduction under section 80D of Income Tax Act.
Cons
This policy does not cover people who have already developed diabetic complications like retinopathy, nephropathy and foot ulcer.
