Skip to main content

Critical Insurance: Things You Must Know About

Critical insurance plan is one of the few types of health insurance plan available in India. The insurance provides coverage for medical treatment of critical ailments such as cancer, kidney failure, paralysis, a stroke and the like. This becomes absolutely essential for senior citizens above 70 years of age.



Why is it necessary?

A critical ailment can strike at any time, especially in case of elderlies. And as costs of medical treatments continue to increase, it becomes more important to devise ways to cope up with expenses of a critical illness diagnosis. Thus, a critical illness plan, which covers highly expensive medical problems such as the ones mentioned above, becomes absolutely essential.

How to choose the best insurance plan?

1. Maximum coverage available: 

First and foremost, check the coverage available. The medical inflation rate is likely to increase in the next couple of years and thus, your critical illness insurance cover should be in accordance. To be on the safe side, opt for the maximum coverage available.

2. Features and benefits: 

Secondly, check the availability of additional features such as coverage for donor treatment in case of transplant surgery etc. and choose the right option for yourself accordingly.   

Click Here to Know More-  Who Should Buy Critical illness policy?


3. Premium: 

Critical illness medical policies are undoubtedly expensive but the subscription cost should be practically reasonable and as per the IRDA rules.

4. List of network hospitals: 

As said above, critical ailment can strike any time and at any place. And since the medical problems covered by the said insurance policy requires immediate medical attention, the policy you choose should have a wide network of hospitals wherein cashless facility can be availed.  

For more info about related topic:  What should you know about Critical Illness Insurance?
Labels:

Comments

  1. Unknown27 March 2019 at 14:46

    Hi,

    Thank you for sharing your blog. It provides a lot of relevant information. We, at policy 21st also offer Critical Illness Insurance Plan which are full of benefits. We give you facility such as cashless hospitalization, Tax benefits under section 80 D, Free health checkups, Cost of care and recuperation aid, the benefit of lump sum amount etc. Thus a critical illness insurance plan is the need of the hour because it saves you from a lot of trouble.

    ReplyDelete

Post a Comment

Popular posts from this blog

Quick Guide For Zero Depreciation In Car Insurance

Some parts of your car face wear-and-tear faster than the others and these parts are often referred to as depreciated parts. Once you file for an insurance claim, the insurance company deducts a value equal to the depreciated value of all such parts and does not settle your claim in full. The parts that are made up of rubber, plastic, fiber, etc. fall in this category. If you want to avoid this deduction from the final claim amount, you can avail of a zero depreciation car insurance cover. It is also known as nil depreciation cover as it nullifies the deduction from the claim amount due to the deprecated components of your vehicle. The benefits of a zero depreciation car insurance policy are stated below: Comes at a reasonable price  If you have already purchased a comprehensive car insurance policy, you can avail of a zero depreciation car insurance cover at a nominal price. It is because it is an add-on insurance policy that only enhances your claim amount to reduce the part of the
Post a Comment
Read more

Necessary Information On Hospital Cash Insurance Plan

Medical treatments these days are a matter of the huge amount of money. And if you need quality treatment facility from the super-specialty hospitals and clinics you need a medical insurance plan for you and your family. If you are planning for the medical insurance plan with hospital cash cover , then be sure to consult with the best insurance plan provider.  Let us discuss in details. Financial companies such as reputed NBFC Bajaj Finserv and other insurance companies have their own health insurance policies that range from smaller amounts of bigger amounts. All these medical policies fall under the pocket insurance policy scheme. It gives clients the facility to get benefits with minimum investments. The procedure is quick and does not require lengthy documentation. You can get a higher amount of money with such hospital cash insurance to continue medical treatments even for critical patients. Just make sure you read the policy details clearly before you in
Post a Comment
Read more

Know Detailed Information About Acko Bike Insurance

  If you’re a bike enthusiast, you know that it’s important to have the right coverage for your bike. Acko Bike Insurance provides comprehensive coverage for bikes, offering a range of plans to suit different needs.  Acko Bike Insurance is an insurance product from Acko General Insurance, a digital-first insurance company based in India. It’s an innovative product that provides comprehensive coverage for two-wheelers, offering a range of plans and features to meet the specific needs of bike owners.  Acko Bike Insurance provides coverage for a range of bikes, from standard models to high-end bikes. The coverage includes accidental damage, theft, fire, and natural disasters. It also covers legal liabilities, including for third-party property damage and bodily injury.  The main benefits of Acko Bike Insurance are the comprehensive coverage and the flexibility of the plans. You can choose from a range of plans, each with its own set of features and benefits. You can also customize the co
Post a Comment
Read more