What does it do?
This policy will pay sum insured in a lump sum, or as agreed upon in the policy document, if insured person is diagnosed with any of the covered critical illnesses and survives for 30 days after diagnosis. It covers 11 chronic diseases.
A second opinion on insured's illness can be arranged from a panel of doctors in the USA. However, pre existing illnesses or related conditions are not covered.
Pros
It allows online renewals.
Premium paid is eligible for tax benefit under section 80D of the Income Tax Act.
Cons
It covers only 11 illnesses and does not allow lifelong policy renewal.
