Tata AIG Criticare- Critical Illness Cover
This policy aims to cover major illnesses which can otherwise become a drain on a family's finances. It can be bought along with the basic health policy for an enhanced coverage in worst situation.
Anyone between 18 and 60 years of age can enroll under this policy.
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.
It allows online renewals.
Premium paid is eligible for tax benefit under section 80D of the Income Tax Act.
It covers only 11 illnesses and does not allow lifelong policy renewal.
Those with family history of critical illnesses mentioned, must go for such a policy. This policy is not a substitute for basic health cover but it can be bought along with a basic health policy to enhance the coverage in worst case scenario.
|Entry Age (years)|
|Maximum Policy Renewal Age (years)||65|
|Sum Insured (Rs)|
|Policy Term (years)||1|
|Pre Policy Medical Check Up||Not required|
|Policy Termination||Insurance company may cancel the policy by giving a 7 days notice. It will refund a portion of premium as stated in the policy document.|
|Address||Registered Office:TATA AIG Insurance, 9th Floor, Piramal Towers, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 01|
|Mail to||[email protected]|
|SMS||TAG to 5616181|
Additions to the Plan
|Scope of Cover|
|First Heart Attack||covered with exclusions|
|Cancer (excluding skin cancer)|
|Major Organ Transplant|
|Major burns (covers atleast 20% of the body surface)|
|Coronary Artery Bypass Surgery|
|Second Opinion||arranges an independent opinion based on medical and diagnostic reports from a panel of doctors in USA|
|Exclusions and Waiting Period|
|Pre-existing illnesses or related condition||not covered|
|Waiting period||any disease contacted during initial 90 days following the policy issue date will not be allowed|
|Survival period||30 days from diagnosis of the illness|
|Sum Insured (in Rs)|
|Age (in years)||2.5 lakh||3.5 lakh||5 lakh||7.5 lakh||10 lakh||15 lakh|
|Premiums are exclusive of service tax and cess.|