Critical Illness Policy
Critical Illness Policy
Salient Feature
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Critical Illness Policy is an exclusive benefit policy for individuals in the age group 20-65 years covering The following critical ailments :- - Coronary Artery Surgery. - Cancer - Renal Failure ie. Failure of both Kidneys. - Stroke - Multiple Sclerosis - Major organ transplants like kidney, lung, pancreas or
bone marrow.
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Scope of Cover
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The Sum Insured under the policy will have four levels: Level
I - Rs. 5 Lacs Level
II - Rs. 10 Lacs Level
III - Rs. 20 Lacs Level
IV - Rs. 25 Lacs The amount chosen will be avilable in lumpsum to the
individual to take care of medical expenses incurred Is case of the above illness. Compensation for Coronary
Artery Surgery shall be limited to 20% of the limit Of indemnity. |
Provisons
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In the event of a claim, the critical illness have to be diagnosed by a registered medical practitioner, supported by radiological, histological and laboratory evidence accepted to the company and to be reconfirmed by a Registered Medical Practitioner appointed by the company. - The company shall compensate the insured only once in
respect of any particular critical Illness. - Cover under this policy shall cease upon payment of the
compensation on the happening of a critical illness and no further payment
will be made for any consequent disease or any dependent disease.
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Survival Period
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The insured person needs to survive for 30 successive days
after the diagnosis of the critical illness in Order to make his claim.
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Waiting Period
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If the critical illness incepts or manifests during the
first 90 days of the inception of the policy no claim Can be made. |