Critical Illness

Critical Illness insurance covers a serious health condition that has a debilitating effect on an individual's life and requires a considerable amount of money towards treatment. It may also lead to loss of income due to inability to work.

Why Critical Illness Insurance required?

A life-threatening illness can indeed shatter all your dreams. You work so hard and save up over the years only to lose all your money to large medical bills. As if the emotional trauma was any less, the financial burden too ends up falling upon your family members. Pays a fixed benefit if you get any of the specified critical illnesses. So this policy pays a fixed benefit if you get any of the specified critical illnesses. The payment is not linked to actual costs incurred by you. Increasingly, these plans cover a large number of diseases some of which may not be covered under a under a regular mediclaim.