Critical Illness Insurance

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A critical illness insurance cover, often referred to in laymen language as Critical Illness Insurance, transfers to the insurance benefits you receive to deal with life-threatening essential illnesses and different lifestyle diseases. For example, critical health issues like Cancer, Stroke, and Kidney failure need comprehensive treatment, which can become a toll on your finances and are often covered in the Critical Illness Insurance Cover and the base plan that provides a life insurance cover.

Features of Critical Illness Policy

Here this selection, we are providing critical illness cover has the following prominent features:

Coverage for 32 critical illnesses, including cancer, stroke, end-stage renal bankruptcy, and many more
Psychiatric counselling for a quick recovery
Extensive coverage at low premium
Pre and post hospitalization, gland donor cover, and dialysis cover
Hassle-free case settlement
EMI Option to decrease the financial burden
Online availability in several clicks
24×7 customer care

Investopedia- Critical Illness Insurance

Critical Illness Insurance Benefits

Getting health insurance is required to stay financially protected if there is a medical emergency. As people who suffer the risks of serious ailments, there is a greater need for a suitable health cover, catering to the specific costs arising from their medical treatment. Some critical illness insurance plan rightly fulfils this requirement by offering adequate coverage for various medical expenses, thus securing financial security. So, health plans also enable you to access quality medical care at the best hospital externally facing any hassle. Any of the significant benefits of critical illness policy include:

Cover for expensive medical methods
Cover for medical expenses behind hospitalization
Cashless claim facility at chain hospitals
Tax savings under Section 80D

Why should one buy a Critical Illness Cover?

Getting a critical illness cover will help you prepare yourself financially against medical expenses arising due to the treatment of acute ailments. Healthcare has advanced in India, and there is a cure available for several chronic diseases. However, medical treatment is expensive. Critical illness insurance plans help you deal with costly treatment without any worry. Mentioned below are the significant benefits:

In-Patient Hospitalisation Cover
Day Care Treatment Cover
Pre and Post Hospitalization Medical Expenses Cover
Cover for medical procedures including dialysis, chemotherapy, and radiotherapy up to sum insured
Organ Donor Cover

Moreover, critical illness policy by Care Health Insurance (formerly known as Religare Health Insurance Company Limited) enables the insured to avail health services like Quick Recovery Counselling with a fixed amount per session, cover for OPD expenses, choosing to have Doctor on Call and access to Health Portal as well as Global Coverage.

Critical Illness Cover vs Health Insurance

Factors	Critical Illness Insurance	Health Insurance
Coverage	It is planned to cover life-threatening critical illnesses that need immediate treatment and long-term medicine.	It implements comprehensive coverage for different diseases, including hospitalization and treatment costs.
Benefits	It proposes a wide range of benefits to pre- and post-hospitalization, gland donor cover, dialysis cover, psychiatric counselling, etc., that encourage sufferers with a speedy replacement.	It allows various benefits such as in-patient hospitalization, pre- and post-hospitalization, day-care treatments, ICU charges, and more.
Number of illnesses	It includes 32 critical illnesses, including cancer, end-stage renal failure, benign brain tumour, etc.	It includes various types of chronic diseases, medical treatments, and procedures.
Waiting Period	It has 90 days original waiting period and ranges to 48 months for pre-existing diseases.	It has 30 days original waiting period and ranges to 48 months for pre-existing diseases.