Critical Illness Insurance

Health Insurance Plans for Critical Illness

Critical illness health insurance provides coverage for long-term illnesses requiring extensive medical treatment. Examples include cancer, tuberculosis, kidney diseases, and more. You will receive a lump-sum coverage amount to help cover high medical costs incurred during treatment.

Best Critical Illness Health Insurance Plans

After carefully analyzing the exclusive benefits and vital USPs of each plan, we have listed the best critical illness plans for you and your family.

What is a Critical Illness?

Critical illnesses include conditions like paralysis, cancer, organ failure, stroke, sclerosis, and heart attack. These illnesses affect major organs such as the brain, heart, lungs, kidneys, and liver. Treating these illnesses can be time-consuming, and medical treatment costs are very high nowadays. While maintaining a healthy lifestyle reduces risks, it’s still advisable to have critical illness insurance, especially for people living in Tier 1 cities, where both living and medical costs are generally higher.

Common Features of Critical Illness Plans

• Coverage for Critical Illnesses

  The policy covers you in case of a critical illness diagnosis anywhere in the country. You can claim against treatment costs from diagnosis to full recovery.

• Simplified Claim Process

  The critical illness claim process is often simpler than other health insurance claims, as it can be based on diagnosis reports.

• Tax Benefits

  Critical illness health insurance plans offer tax benefits under Section 80D of the Income Tax Act, 1961.

• Affordable Premiums

  While hospital bills can be very high, critical illness health insurance helps secure your finances.

• Policy Tenure Options

  Some health insurers offer policies for 1 or 2 years, with easy renewal options.

• Sum Insured

  Sum insured options are available up to ₹10 Lakh.

How Critical Illness Plans Can Help You

Critical illness health insurance policies offer significant benefits. Here’s how each plan can support you in case of an unforeseen critical illness.

1. Care Heart Plan

   Care Heart Plan is specifically designed for patients at a higher risk of heart problems. This plan is ideal for individuals with a family history of heart disease or those already diagnosed with heart conditions.

   Features and Benefits of Care Heart Plan

   • Lifelong renewability
   • No-claim bonus
   • Annual cardiac health check-up
   • OPD coverage
   • In-patient hospitalization for at least 24 hours is covered.
   • Ambulance costs in an emergency are also covered.
   • Alternative treatments like Ayurveda, Unani, Siddha, and Homeopathy (AYUSH) are also covered.
   • All necessary treatments and surgeries are covered.

2. Care Freedom Plan

   Another excellent plan by Care Health Insurance. Care Freedom Plan is a tailored plan for individuals with conditions like diabetes, high blood pressure, and high BMI.

   Features and Benefits of Care Freedom Plan

   • 2-year waiting period
   • Cashless critical illness treatment
   • Lifelong renewability
   • Daycare treatment
   • Tax benefits
   • Annual health check-up included.
   • Covers domiciliary hospitalization.
   • Covers dialysis, with a per-sitting amount payable for up to 24 months.
   • No room rent limit.

3. Star Cardiac Care Plan

   Star Health Insurance has launched this plan to give extensive coverage to heart patients. You can choose your coverage from two variants: Gold and Silver. Don’t let heart concerns steal your peace; secure the Star Cardiac Care plan with ease.

   Features and Benefits of Star Cardiac Care Plan

   • Lifelong renewal benefit
   • Installment facility available
   • 30-day general waiting period
   • Daycare treatment cover
   • Free annual health check-ups.
   • No co-payment with this plan.
   • Higher sum insured options.

4. Star Cancer Care Platinum Insurance Policy

   Another bestselling critical illness plan by Star Health Insurance provides extra coverage during challenging times. Star Cancer Care Platinum Insurance Plan ensures your family is financially prepared for the tough battle against cancer.

   Features and Benefits of Star Cancer Care Platinum Policy

   • Indemnity plan covering cancer and other critical diseases
   • Covers health check-up costs for every claim-free year
   • Covers modern treatments
   • This plan also covers pre and post-hospitalization
   • Second opinion costs are covered.
   • Get benefits for staying healthy.
   • Coverage for pain management treatments.
   • No pre-medical tests required, irrespective of age.

5. Star Critical Illness Multipay Insurance Policy

   Star Critical Illness Multipay Insurance Plan covers 37 different major life-threatening diseases. In some variants, you may receive a pre-defined percentage of the sum insured upon diagnosis of the first critical illness. Anyone aged between 18 and 65 years can get insured with this policy.

   Features and Benefits of Star Critical Illness Multipay Plan

   • Individual policy only
   • Star wellness program to motivate healthy living
   • Installment facility available
   • Available for 1, 2, and 3-year tenures
   • Covers 37 critical diseases.
   • Provides coverage for cancer, heart ailments, and nervous system-related diseases.
   • High sum insured, up to ₹25 Lakh.

6. Star Special Care

   Star Special Care is a unique plan, tailor-made for individuals dealing with Autism. This individual plan can be purchased for yourself or your child, safeguarding them from future hardships. Although a waiting period applies, it can safeguard you for a lifetime.

   Features and Benefits of Star Special Care

   • Affordable plan for ages 3 to 25 years
   • Only a 30-day waiting period
   • Available as an individual plan
   • Covers room rent in case of hospitalization
   • Covers behavioral therapy.
   • Cashless facilities available.
   • Coverage for modern treatments.
   • Covers the cost of surgery, anesthesia, and more.

7. Niva Bupa CritiCare

   A high-value plan by Niva Bupa, CritiCare covers 20 different critical illnesses. Niva Bupa CritiCare Plan covers individuals aged 18 to 65 years and provides coverage up to ₹2 Crore. It is designed for those diagnosed with any of the mentioned critical illnesses.

   Features and Benefits of Niva Bupa CritiCare

   • Two coverage options: individual and family
   • Get exciting discounts annually upon policy renewal
   • Direct claim settlement
   • Higher sum insured of up to ₹3 Crore
   • Several payout options to choose from.
   • Policy tenure can be 1, 2, or 3 years.
   • Your sum insured will be multiplied as per annual income.

8. Aditya Birla Activ Secure Critical Illness

   This plan aims to protect your future after a critical illness diagnosis. Aditya Birla Activ Secure Critical Illness Plan provides coverage against 64 major illnesses and a sum insured of up to ₹1 Crore.

   Features and Benefits of Aditya Birla Activ Secure Critical Illness

   • Air ambulance coverage
   • Coverage for emergency road ambulance
   • Daycare treatment
   • One plan for multiple diseases
   • Three variants of the critical illness plan: Plan 1 (covers 20 critical illnesses), Plan 2 (covers 50 critical illnesses), and Plan 3 (covers 64 critical illnesses).
   • Tax benefits under Section 80D.
   • This plan can cover yourself, your spouse, up to 4 children, up to 2 parents, and 2 parents-in-law.
   • Covers wellness coach charges and second e-opinion.

9. SBI Critical Illness Insurance Plan

   The SBI Critical Illness Plan is offered by State Bank of India, one of India’s most trusted organizations. The plan offers financial protection for 13 critical illnesses. It helps you focus on important health aspects like quality healthcare and quick recovery.

   Features and Benefits of SBI Critical Illness Insurance

   • Covers 13 critical illnesses
   • 1 and 3-year tenure options
   • 15-day free look period
   • Sum insured up to ₹50 Lakh
   • 30-day grace period.
   • Save tax under Section 80D.
   • Easy claim reimbursement procedure.

Who Should Buy a Critical Illness Policy?

While anyone can buy a critical illness health insurance plan, we recommend it if:

• You have a family history of critical illness.
• You are the sole earning member of your family.
• You work in a high-risk job.
• You are above 40 years of age.
• You have undergone cardiac surgery.

How Can PolicyX Help?

Choosing the right Critical Illness health insurance plan can be daunting, but it’s crucial for your loved ones’ well-being. Reach out to us; we can simplify your search for the best Critical Illness insurance plan. We compare quotes and suggest the best plan for you. Let us help you find the peace of mind that comes with knowing your family is protected. Visit our website or talk to one of our advisors today to get started!