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Health insurance can help you save tax under section 80D

Cancer Insurance Plan

Lifelong Cancer Care protection at unbeatable prices

Details Plan starts at 2/day#

Get 50 Lakh cover

258 pm*

No medical checkup required

Cancer mediclaim features

Comprehensive cancer cover at all stages

Advanced treatment coverage

No Claim Bonus

Lifelong Health Protection

Are you interested in our plan?

What is a Cancer Insurance Cover?

Life sometimes throws unexpected challenges before us. Illnesses are one of them. Among the various ailments known to us, cancer is a critical disease that is one of the chief causes of death across the world. It is a disheartening fact that the number of cancer cases in India has increased over the years. Besides, the prolonged treatment of the disease is expensive. Buying a Cancer Insurance policy is advisable to safeguard oneself financially.

A Cancer Insurance policy is a type of health insurance cover that offers lifelong financial protection against various medical expenses resulting from the treatment of cancer at all stages.

What is Included in a Cancer Insurance Plan?

The Cancer Insurance Plan is an indemnity based plan that offers cover for treatment of cancer at all stages. It comes with the following benefits:

  • In-Patient Hospitalization Cover
  • Cover for Pre and Post Hospitalization Medical Expenses
  • Day Care Treatment
  • Chemotherapy and Radiotherapy Cover
  • Cover for Ambulance and ICU Charges
  • Organ Donor Cover
  • Alternative Treatment
  • Cover for OPD Expenses
  • Annual Health Check-up
  • Second Opinion
  • No Claim Bonus
  • Lifelong Renewability
  • Global Coverage
  • No Specific Ailment Waiting Period

In addition to the features we have isted here, the policy allows you to avail optional benefits and access to health services such as doctor on call and quick recovery counselling.

  • Upto SI for at least 24 Hours of hospitalization.
    In-Patient Hospitalization - Cancer Mediclaim Benefits

    In-Patient Hospitalization: Upto SI for at least 24 Hours of hospitalization.

  • Hospitalization required for less than 24 hours for listed treatments.
    Day Care Treatment - Cancer Mediclaim Benefits

    Day Care Treatment: Hospitalization required for less than 24 hours for listed treatments

  • Doctor consultation, Pharmacy & Diagnostic examination expenses covered.
    OPD Expenses - Cancer Mediclaim Benefits

    OPD Expenses: Doctor consultation, Pharmacy & Diagnostic examination expenses covered

  • Covers expenses incurred for chemo and radio therapy.
    Chemotherapy & Radiotherapy Cover - Cancer Mediclaim Benefits

    Chemotherapy & Radiotherapy Cover: Covers expenses incurred for chemo and radio therapy

  • Covers medical expenses incurred towards your organ donor.
    Organ Donar Cover - Cancer Mediclaim Benefits

    Organ Donar Cover: Covers medical expenses incurred towards your organ donor.

  • Covers Ayurveda, Unani, Sidha and Homeopathy treatment.
    Alternative Treatments - Cancer Mediclaim Benefits

    Alternative Treatments: Covers Ayurveda, Unani, Sidha and Homeopathy treatment

  • Covers medical expenses 30 days before hospitalization and 60 days after discharge.
    Pre Hospitalization & Post Hospitalization - Cancer Mediclaim Benefits

    Pre Hospitalization & Post Hospitalization: Covers medical expenses 30 days before hospitalization and 60 days after discharge.

  • 50%/25%/25% corresponding increase in SI for 1st ,2nd , 3rd claim free policy years.
    No Claim Bonus - Cancer Mediclaim Benefits

    No Claim Bonus: 50%/25%/25% corresponding increase in SI for 1st ,2nd , 3rd claim free policy years

  • Annual health check-up for insured member.
    Annual Health Checkup - Cancer Mediclaim Benefits

    Annual Health Checkup: Annual health check-up for insured member

  • Psychologist Counseling expenses covered.
    Quick Recovery Counselling - Cancer Mediclaim Benefits

    Quick Recovery Counselling: Psychologist Counseling expenses covered

  • Consult doctors on a call.
    Doctor On Call - Cancer Mediclaim Benefits

    Doctor On Call: Consult doctors on a call

  • Avail Hospitalization expenses outside India with a mandatory co-payment of 10 % per claim.
    Global Coverage - Cancer Mediclaim Benefits

    Global Coverage: Avail Hospitalization expenses outside India with a mandatory co-payment of 10 % per claim.

  • Covers expenses for consultation from international medical experts excluding India.
    International Second Opinion - Cancer Mediclaim Benefits

    International Second Opinion: Covers expenses for consultation from international medical experts excluding India

  • Room rent modification as per specified sum insured.
    Room Rent Modification - Cancer Mediclaim Benefits

    Room Rent Modification: Room rent modification as per specified sum insured

  • Avail air ambulance service up to specified amount and severity of illness.
    Air Ambulance - Cancer Mediclaim Benefits

    Air Ambulance: Avail air ambulance service up to specified amount and severity of illness

  • Covers charges for availing ambulance service in India.
    Ambulance Cover - Cancer Mediclaim Benefits

    Ambulance Cover: Covers charges for availing ambulance service in India

  • No Limit on ICU Charges.
    No Limit On ICU Charges - Cancer Mediclaim Benefits

    No Limit On ICU Charges: No Limit on ICU Charges

More Features
Plan Name Cancer Mediclaim
Sum Insured 10 Lakh | 25 Lakh | 50 Lakh | 1 Crore | 2 Crore
Benefits
Hospitalization Expenses
In-Patient Care Up to SI
Day Care Treatment Up to SI
Pre-Hospitalization and Post-Hospitalization 30 days/60 days
Chemotherapy and Radiotherapy Cover Up to SI
Ambulance Cover Up to Rs 3000 per hospitalization
Organ Donor Cover Up to SI or 15 L whichever is lower
Second Opinion Once per Covered Condition per policy year
No Claim Bonus* 50%/25%/25%-Corresponding increase in SI for 1st, 2nd and 3rd continuous claim-free Policy Years respectively, Max up to 100% of SI(50%/25/25%-Corresponding decrease in SI per Policy Year in case a claim has been paid; Such decrease is only in SI accrued as NCB)
International Second Opinion# Once per Covered Condition per policy year
Room Rent Eligibility Single Private Room / No limit^
Air Ambulance# Up to Rs. 5 Lakhs
Annual Health Check-up Annual from 2nd Policy Year on Continuous Coverage
Health Services
Quick Recovery Counseling Up to Rs 1000 Per Session, Maximum 8 Sessions Post Hospitalization in a Policy year( can be availed twice in a month)
Doctor on Call Yes(Telephonic/Online Mode)
Health Portal Value added services through Company’s Website
Global Coverage: Coverage outside India - 45 continuous days in a single trip; Max. 90 days on a cumulative basis, in a Policy Year. Up to SI; only for SI >=1Cr (Limited to In-Patient Care and Day-Care treatment with a Co-payment of 10% per Claim)
OPD Expenses (Diagnostics + Consultations + Pharmacy ) Up to 1% of SI ,Max up to Rs 25,000
Health Services
Quick Recovery Counseling Up to Rs 1000 Per Session, Maximum 8 Sessions Post Hospitalization in a Policy year( can be availed twice in a month)
Doctor on Call Yes(Telephonic/Online Mode)
Health Portal Value added services through Company’s Website
Global Coverage: Coverage outside India - 45 continuous days in a single trip; Max. 90 days on a cumulative basis, in a Policy Year. Up to SI; only for SI >=1Cr (Limited to In-Patient Care and Day-Care treatment with a Co-payment of 10% per Claim)
OPD Expenses (Diagnostics + Consultations + Pharmacy ) Up to 1% of SI ,Max up to Rs 25,000

#Optional Benefit.^with optional benefit Room Rent Modification.

More Benefits
Plan Name Cancer Mediclaim
Sum Insured 10 Lakh | 25 Lakh | 50 Lakh | 1 Crore | 2 Crore
Covered Conditions(Illnesses/Diseases/Surgeries) Cancer
Entry Age 5 years to 50 Years on Individual Basis
Pre-policy Issuance Medical Check up No Medicals##
Tenure 1/2/3 Years
Premium Payment Mode*** Single/Monthly
Sub Limits:
Room Rent Eligibility Single Private Room / No limit^
ICU Charges No limit
Wait Period:
Initial Waiting Period 90 Days
PED Waiting Period 48 months

*** Terms and Conditions Applicable ##at the discretion of the Underwriter. ^with optional benefit Room Rent Modification. Note: Other SI / Age band options also available.

The Insured Person may access health related information and services such as health risk assessment, Doctor on chat, Special rates for OPD, Diagnostics and Pharmacy through Network Providers , etc as available on the Company's website.

Salient Features

  • Search the best deal in your location
  • Discount on all Healthcare and wellness services like Doctor Consultations, Diagnostics, Pharmacy, Dental Consultation and treatment
  • Comprehensive details on Doctors like qualification & appointment details.
  • Access to Right Healthcare Service, at right time and place.
  • Symptom tracker
  • Ailment to specialty tracker
  • Automated discount coupon download
  • 24x7 on call support

How to Find Affordable Cancer Insurance Online

Technology has made things easy for an insurance buyer. Buying cancer insurance online is now possible in a matter of a few minutes. Before doing so, ensure you make a clear assessment of your healthcare needs and the expenses you would incur due to the treatment. This assessment will enable you to make a better decision.

Three things to consider:

  • Affordable Premium: You can rely on a health cover that offers you the best coverage at a reasonable premium rate. This way, you spend less and avail of more benefits.
  • Claims Settlement Ratio: By checking the Claims Settlement Ratio, you can rest assured about getting a hassle-free claim. A high Claims Settlement Ratio indicates a good track record.
  • No Claim Bonus: You can enjoy the benefits of making no claim in a policy year. The ‘No Claim Bonus’ feature makes you eligible for an increased sum insured for every claim-free year.

You can now select the best cancer insurance plan online by visiting the official website of Care Health Insurance. Choose a suitable policy with your preferred sum insured, calculate and pay the premium online, in just a few clicks.

Here are the easy steps for buying a cancer insurance plan online:

  • Visit the official website of Care Health Insurance and select the Cancer Insurance plan
  • Click on ‘Get Quote.’ Furnish vital information such as your age, occupation, medical history, etc.
  • You can customize the policy with a preferred sum insured and policy tenure
  • In the payment section, choose a secured payment mode to pay the premium
  • You will receive the policy documents on your registered email-id

Key Factors to Keep in Mind While Opting for a Cancer Insurance Policy

A cancer insurance policy protects you from the burden of expensive medical treatment. Consider the following factors before buying one:

  • Sum Insured: The cost of medical treatment in India is staggeringly high. And, the rate at which it is increasing is equally alarming. Thus, we recommend that you choose a policy with a high sum insured.

  • Features: Make sure your policy has features such as cover for pre-and-post hospitalization medical expenses, medical procedures like chemotherapy, organ donor cover, etc.

  • Types and Stages of Cancer: Remember to check if your policy provides coverage for all stages of cancer. Also, check the types of cancer covered by the policy.

  • Waiting Period: The waiting period must be completed before you can get a claim. So, make sure you check the waiting period when buying a cancer cover policy.

Also, read the policy document carefully to understand the exclusions. Find out if there is an option of paying the premium in monthly or quarterly installments or a single payment.

Exclusions in Cancer Insurance?

There is an initial waiting period of 90 days in the Cancer Insurance Plan. The insurer shall not offer coverage if the insured undergoes a diagnosis of the illness or any surgical procedure during this period.

A health insurance policy has specific exclusions that every policyholder must know. It will help you to prepare yourself for the out-of-pocket expenses.

Given below are the permanent exclusions of the policy:

  • Act of self-inflicted injury attempted suicide or suicide
  • Any illness related directly to the consumption of Alcohol/Tobacco/Cigarettes etc.
  • HIV/AIDS or any other sexually transmitted disease
  • Cosmetic or plastic surgeries or related treatment
  • Pregnancy, miscarriage, childbirth, maternity including C- section, abortion, or complications of any of these
  • All the hazardous activities
  • Damage caused by a nuclear, chemical, or biological attack or weapons
  • Illness or injuries caused due to any breach of law by the insured with any criminal intent

Benefits of Cancer Insurance

Cancer is a dreaded disease and requires specialised medical care. Your existing health insurance policy may not be enough for covering the treatment of this illness. Moreover, the treatment of cancer is quite expensive that it can cause a severe financial impact on your savings. All these factors highlight the need for buying a cancer insurance policy. This policy is specially designed to cover the specific expenses related to cancer treatment and enables you to get the best healthcare anywhere.

This health insurance for cancer patients provides them the much-required financial back-up and peace of mind that will enable them to think only about their health and not about finances.

Furthermore, the policy will provide you with financial protection for various stages of cancer. Also, features like no claim bonus, which increases the sum insured for every claim-free year, give the much-needed financial cushion. These are the significant benefits of having a cancer cover policy.

Cancer Insurance vs Health Insurance

No one can deny that being financially prepared helps in dealing with unforeseen events like illnesses or injuries with ease. It is particularly true, given in the times we are living. New health risks pose roadblocks in the path towards our life goals. Thus, buying a health insurance plan is extremely crucial.

At the same time, if there are risks of cancer owing to environmental factors or family medical history, one should also consider opting for a cancer insurance policy. It is essential as an existing health policy would prove inadequate to cover the various expenses related to cancer treatment.

Buying a comprehensive cancer insurance policy, such as the one offered by Care Health Insurance, is of utmost importance. A specific health cover for cancer scores over other health policies as the premium is affordable, and there is coverage available for all stages of cancer.

Why should one buy a Cancer Insurance Cover?

Cancer is a serious ailment, and the treatment is usually long-term. The disease may occur due to other reasons, even if you do not have a family medical history. Being financially prepared to deal with such uncertainties of life is a wise approach towards securing your future. In India, medical inflation has caused severe financial problems for many families. Due to medical advancements, there is a cure possible even for life-threatening diseases like cancer. Early detection is crucial as it helps in treating the disease effectively and prevents complications. However, the cost of diagnosis and treatment can be huge. Instead of depending on one’s savings, it is better to buy a cancer insurance policy.

A Cancer Insurance Cover will provide coverage for expenses beyond in-patient hospitalization. It also offers cover for expensive medical procedures such as chemotherapy, radiotherapy, and organ donor cover. Besides, you can get access to health services like Quick Recovery Counselling with a fixed amount per session, Global Coverage, Doctor on Call, and access to Health Portal.

How does Cancer Insurance Work?

To avail of the various benefits available under a cancer insurance policy, an insured person has to pay the premium to the insurer. The medical expenses will be covered either through a cashless or reimbursement facility. Your ideal cancer protection plan should be selected based on increasing medical inflation.

To receive the coverage, policyholders will have to raise a claim within a specified timeframe. They must be aware of the policy terms, including the waiting period, co-payment clause, and exclusions that will be taken into account.

Let's understand how the cancer insurance plan works.

We shall explain by taking a case wherein an individual has opted for a cancer insurance policy. The relevant details of the policy and the insured person are as mentioned below:

Insured Person: A 30-year old, Male, No pre-existing condition
Sum Insured Selected: Rs 50 Lakh
Policy Term: 3 Years
Total Annual Premium: Rs 9,878 (includes 18% GST) or Rs 337 Per Month*

Now, let us assume that this person was diagnosed with cancer at the age of 50 years. He underwent cancer treatment at the metro hospital, and the medical cost he incurred was Rs 70 Lakh. It is quite natural to feel stressed, thinking that the treatment costs have exceeded the sum insured of the cancer insurance policy he bought years ago. However, this worry will be short-lived if he realises that there is a feature of No Claim Bonus in the plan, because of which he became eligible to get an increased sum insured for every claim-free year. Owing to this feature, the sum insured of the policyholder, in this case, is now Rs 1 crore. Moreover, thanks to the lifelong renewability feature, he is stress-free about getting continued coverage and enjoying benefits like No Claim Bonus.

Since it is an indemnity-based plan, the policy would cover the actual medical expenses incurred by the insured. In this case, the expenses up to Rs 70 lakh would be covered, subject to the policy terms and conditions. The policyholder will have the balance amount of the sum insured available for additional treatment and future medical expenses.

Furthermore, if the treatment is availed at a network hospital, then the expenses will be covered on a cashless basis. In case the insured chooses a non-network hospital, he can raise a claim for reimbursement within the time specified.

How to Claim Your Cancer Health Insurance?

The policyholder can apply for a reimbursement claim where one has to submit the duly filled claim form and required documents, as per the policy terms & conditions. One can also avail of the cashless facility, which is available only at network hospitals. The policyholder has to notify us within 24 hours of emergency hospitalization and 48 hours prior to admission in case of planned hospitalization.

Why Choose Care Health Insurance?

One serious illness in the family and your financial planning goes for a complete toss. We do understand this and therefore promise stability and lifelong commitment to your well-being. Care Health Insurance (formerly known as Religare Health Insurance Company Limited) offers a comprehensive medical solution for you and your loved ones. Health is wealth, and it’s time you knew!

Awarded as Claims Leader of the year
23 Lakh+ Total Claims settled^
24X7 Claim service support
Cashless claim processing in approx. 2 hours

Let’s together take a pledge to cure cancer!

Customer Testimonials

Thank you very much for the prompt, helpful and courteous way you handled my claim. I'd like to thank-you very much indeed for the very professional and sympathetic way you have handled this claim for me.This has been a very difficult time for me and not all the person I've had to deal with have been as understanding as yourselves. Thank-you so much for making it as easy as it has been.

Bhanu Prakash

17 May 2018

Dear Care Health Insurance team – I wanted to take this opportunity to thank you, especially Virender Kumar, for the smooth handling of the cash less claim. Virender was very proactive and helpful which made an otherwise stressful situation a bit easy to handle. Thank you again for all your help. Also have a query about Pre Op and Post Op claims. Is there a specific time period within which I have to claim these costs. The date of the surgery was 26th May.

Himanshu Gulati.

26 May 2018

I would like to share my experience of claim process for the medical policy which I had for my parents. Process was very smooth and with very effective time management, Vivek did an super active/fast process for TPA final approval. I thank to all of you for the help and special thanks to Vivek for his course of action. I would like to mention please change the spelling of my Father Name from Ajeet Kapoor to Ajit Kapoor , clerical mistake.

Anubhav

30 May 18

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Processed meats, Microwave popcorn, Farmed Salmon, Charred Meat, and Trans fats which can be found in a laundry list

FAQs on Cancer Insurance

Yes. If policyholders do not make any claim under the cancer health insurance plan, they get rewarded by us under the No Claim Bonus (NCB) feature. Under this benefit, the sum insured gets increased by a specified percentage for every completed and continuous policy year. Please refer to the policy T&C.

Our Cancer Cover insurance plan is an indemnity-based health insurance plan. We will pay for the actual medical expenses you incur during the cancer treatment, in a policy term, on reimbursement or cashless basis, subject to policy terms and conditions.

Our cancer health insurance plan offers coverage with a minimum sum insured of Rs 10 Lakh to a maximum sum insured limit of Rs 2 crore. We suggest going for a higher sum insured, considering that cancer treatment may be expensive.

In addition to the policy benefits, the plan also offers you optional benefits at an additional premium, including unlimited automatic recharge, air ambulance cover, and room rent modification, thus boosting your health coverage.

For hassle-free *claim settlement under the cancer cover policy, the policyholder must notify us within 24 hours in case of emergency hospitalization and 48 hours prior to admission in case of planned hospitalization. The policyholder must submit the claim form along with the required documents. After verification by our claim management team, we will settle the claim (or reject the claim, as the case may be) within 30 days of receipt of all the necessary documents or information required for claim settlement. Upon the acceptance of the offer of settlement of claim by the policyholder, we shall reimburse the medical expenses as per policy T&C within 7 days.

*Please refer to the policy document.

There is no medical check-up required before buying a cancer insurance policy. However, a medical check-up may be required at the discretion of the underwriter. The cancer insurance policy is issued based on tele underwriting.

A person opting for a cancer insurance policy is eligible to claim an income tax deduction on the health insurance premium paid, as per Section 80D of the Income Tax Act, 1961, as applicable. These tax benefits are subject to changes in the tax laws in India.

Ideally, when opting for a cancer insurance policy, you must choose a sum insured that would be sufficient to cover the various medical costs you may incur in the future. It would include hospital expenses, diagnostic tests, medication, recovery, etc. Besides considering the coverage amount, do keep in mind other factors, including the waiting period, cover for chemotherapy/radiotherapy, organ donor cover, alternative treatment, etc.

When it comes to dealing with a critical disease like cancer, we must make a thoughtful decision about getting quality healthcare at the best medical facility. Undergoing cancer treatment will involve a lot of expenditures. As medical costs in India are steadily rising, an existing health policy may become inadequate in the future. Therefore, selecting a policy with a high sum insured is recommended. It is all the more essential, given the medical inflation and the associated expenses, which are not only restricted to hospitalization.

We always recommend buying a policy with a higher sum insured based on your current medical condition and health risks. For example, Rs 50 lakh is a safe buy that will provide you comprehensive cover for various expenses related to cancer treatment.

A cancer insurance policy offers a safety net for your financial savings. It includes vital benefits such as:

  • Cover for hospitalization and related medical expenses
  • Cashless treatment facility at a network hospital
  • Coverage for various medical procedures for cancer treatment
  • Tax savings under Section 80D of the I-T Act

*Disclaimer: The information above is just for reference. Kindly read T & C of the policy thoroughly, Do refer to IRDAI guidelines for tax exemption conditions.

* Sum Insured – Rs. 50 Lakhs, Age – 18 to 25 years, Monthly Premium Payment Mode including optional benefits, Policy Period – 2 years. Exl GST.

** Sum Insured – Rs. 50 Lakhs, Age – 18 to 25 years, Single Premium Payment Mode including optional benefits, Policy Period – 1 year. Exl GST.

# Sum Insured – Rs. 10 Lakhs, Age 18 – 25 years, Single Premium Payment Mode, Policy Period – 1 Year. Annual Premium : Rs. 704. Exl GST.

Award at the Insurance India Summit & Award 2018

^Claim settlement ratio is for FY 19-20 and ^number of claims settled as on June 30, 2020

Call:1800-102-4488|1800-102-6655

Disclaimer: This is only summary of selective features of product SUPER MEDICLAIM (Cancer Mediclaim) For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.

Please seek the advice of your insurance advisor if you require any further information or clarification.

UIN: CHIHLIP18033V011819. UAN: 18112670

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