Critical Illness Cover


Modern lifestyle, chasing high aspirations at the cost of health has led to serious and fatal critical illness. These illnesses can disrupt completely a family at emotional as well as financial levels. A family may have to resort to selling or mortgaging assets, break fixed deposits, borrow additional loans, sell gold / jewelleries. A smart planning can help an individual cover from such uncertainties. Critical insurance provides financial assistance from specified illness like Cancer, Heart Stroke, Renal Failure, Multiple Sclerosis, Paralysis, Open Heart Valve Replacement, Major Organ Failure, Bone Marrow Transplant and other specific major critical illnesses. One receives a lumpsum amount as specified in the policy upon diagnosis of the diseases. Tax Benefit under section 80DD available. Sum Insured ranging from Rs. 1.00 Lac to Rs. 50.00 Lacs available.

Major Exclusions:

Any critical illness for which care, treatment or advice was recommended or which was first manifested or contracted before. Any critical illness diagnosed within the first 90 days. Death within 30 days following the diagnosis of the critical illness. Presence of HIV/AIDS infection. Treatment arising from or traceable to pregnancy or childbirth, including caesarean section and birth defects. War, invasion, act of foreign enemy, terrorism, hostilities (whether war be declared or not), civil war, rebellion, revolution.

Disclaimer:The above is a broad indication. The actual available are as described in the policy wordings of the insurance company and will be subject to the policy terms, conditions and exclusions.