ICICI Pru Heart/Cancer Protect
Objective
The policy is designed to provide protection against cancer and heart diseases at a nominal cost.
Suited for
The policy is suited for anyone looking for financial protection against diagnosis of Cancer and major or minor heart diseases.
What does it do?
It pays a lump sum on first diagnosis of cancer or heart disease irrespective of actual medical expenditure. It pays out amount equivalent to 25% of the sum assured on diagnosis of listed minor conditions and 100% of the sum assured on diagnosis of the listed major disease.
Pros
Premiums paid under this plan qualify for deduction under Section 80D of Income Tax Act.
Cons
It has a 7 day survival period in case of heart diseases.
Our View
Critical Illness policies protects you financially in case of diagnosis of some major specified diseases. This policy covers Cancer and major/minor heart diseases. The policy has a no claim period of 6 months and pays out 25% only on the diagnosis of minor condition, which should be noted before buying to avoid any last minute surprises.
Eligibility
| Entry Age (years) | |
| Minimum | 18 |
| Maximum | 65 |
| Maximum Policy Renewal Age (years) | 75 |
| Coverage Type | Individual/Family on Individual basis |
| Sum Insured (Rs) | |
| Maximum | 25 lakh for heart; 50 lakh for cancer |
| Minimum | 2 lakh |
| Premium Payment Term | Regular or Single |
| Policy Term (years) | |
| Minimum | 5 |
| Maximum | 40 |
| Discount | 5% on the combined premium for the first year if you decide to protect your spouse as well. |
| Premium Loading | 6% for monthly premium mode and 3.5% for semi annual premium payment mode |
| Customer Service | |
| Address | ICICI Prudential Life Insurance Co. Ltd. #1089, ICICI Prulife Towers, Appasaheb Marathe Road, Prabhadevi, Mumbai - 400025 |
| Mail to | [email protected] |
| Call to | 18602667766 |
Additions to the Plan
| Scope Of Cover | |
| Early Stage Cancers, Carcinoma-in-Situ of any organ (except skin) | 25% of Sum Assured |
| Cancer of specified Severity | 100% of Sum Assured |
| Angioplasty, Valvuloplasty, Carotid Artery Surgery, Implantable cardioverter defibrillato, Implantation of pacemaker of heart, infective endocarditis, Invasive Surgery of Aorta, Surgery for Cardiac Arrhythmia, Surgery to place Ventricular Assist Devices or Total Artificial hearts | 25% of Sum Assured |
| Cardiomyopathy, First heart attack (myocardial Infarction), Heart Transplant, major surgery of aorta, open chest CABG, open heart replacement or repair of heart valve, Primary pulmonary hypertension | 100% of Sum Assured |
| Exclusions and Waiting period | |
| No claim period | 6 months |
| Survival period | 7 days in case of heart disease, 0 days in case of cancer |
| Pre-existing diseases | Not Covered |
