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Critical Illness Insurance

  • Psychiatric Counseling
  • Covers 32 Critical Illnesses
  • Mediclaim Policy with Low Premium & High Coverage 
  • EMI Option Available
15500+

CASHLESS HEALTHCARE PROVIDERS

95.2%

INSURANCE CLAIM SETTLEMENT RATIO*

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What is a Critical Illness Health Insurance Cover?

Millions of people are battling life-threatening health conditions, such as cancer, stroke, kidney failure, and cardiovascular diseases. For those diagnosed with such conditions, every day is a constant challenge on the health front. At the same time, there is also a subsequent financial burden on the family due to high treatment costs.

This health insurance is an individual and family health indemnity cover, which is simple to buy and provides coverage to 32 critical illnesses pre-defined in the policy.

What is Included in a Critical Illness Insurance?

The critical illness insurance plan provides treatment cover for 32 critical illnesses. Some of the significant features include:

  • In-Patient Hospitalization Cover
  • Pre and Post Hospitalization Medical Expenses
  • Day Care Treatment
  • OPD Cover
  • Cover for ICU charges
  • Ambulance Cover
  • Organ Donor Cover
  • Cover for Alternative Treatments
  • Chemotherapy & Radiotherapy Cover
  • International Second Opinion
  • Lifelong Renewability
  • Annual Health Check-up

How to Select the Best Critical Illness Health Insurance Online

A clear assessment of healthcare needs is essential before opting for a health cover. You can now choose the best critical illness health insurance online without going through any elaborate procedures and hassles of paperwork. 

Before getting critical illness insurance, using a comparison table to review premium costs will help you zero-in on the best option that is affordable for you. The online method of buying a critical illness cover is convenient. It enables the buyer to select the preferred sum insured, calculate the premium amount, and even make payments online. Critical illness health insurance plans must be chosen after consideration of your health condition and the treatment expenses involved, which is essential for taking a clear decision.

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

Critical ailments often require long-term treatment. Besides hereditary factors, a hectic lifestyle can also trigger the occurrences of such medical conditions. It is, therefore, advisable to be financially prepared for such unforeseen events. Opt for a critical illness insurance policy to protect your savings, and minimise the burden of expenditures involved in availing medical care. Some factors to keep in mind while opting for a critical insurance policy are:

  • Check if that particular critical illness is covered in the policy
  • Estimate the medical care costs involved in the treatment to choose the sum insured
  • Know the waiting period that must be completed before you can get a claim
  • Select a policy that offers comprehensive cover with additional benefits like organ donor cover and alternative treatment

How Important is Critical Health Insurance for Your Family?

While we desire a contented life without any obstacles, challenges come unexpectedly. Being diagnosed with a critical ailment is one example of the harsh side of life, with financial difficulties arising from frequent hospital visits & treatments. A regular health policy may prove beneficial any day, but getting a critical illness health insurance cover is a wiser approach to managing serious ailments. 

A specialized insurance cover to meet hefty medical bills, the health insurance for critical illness will keep your family financially secure during such testing times. It proves beneficial in many ways: 

  • A safety cover that shields you in the best way possible, this policy covers 32 critical ailments.

  • A high sum insured gives you complete protection as this indemnity-based critical illness plan covers various medical expenses you incur in a year. 

  • You receive comprehensive financial protection for hospitalization and advanced medical procedures required for treatment, including chemotherapy and radiotherapy.

Who Should Purchase Critical Health Insurance Plans?

A critical illness can happen to anyone. A critical illness policy is a must-have insurance policy for anyone in this day and age, when the constant hectic lifestyle has increased risks of ailments, such as cancer, stroke, and heart attack.

When faced with such serious medical conditions, a family’s financial health also begins to suffer owing to the sudden rise in medical expenditures. Hence, this health policy serves as a vital financial back-up in such scenarios. Getting the best critical illness insurance policy is advisable for everyone to stay financially secure in the wake of uncertainties. It especially beneficial for: 

  • Individuals with a family history – If a critical illness runs in the family, it just increases the risk for you. Thus, a critical illness cover becomes an essential safety cover.

  • Those having financial responsibilities – Sole breadwinners of a family must think about their family’s financial security and get a critical illness early.

  • Women - The increasing cases of cancer in women are an alarming sign. Thus, investing in a critical illness policy is best advised if you are prone to such risks.

  • Individuals above a specific age bracket – Once you cross a certain age, usually 40, the risk of some critical ailments increases. So, staying prepared with a health cover will set the stage for a secure future.

Features of Critical Illness Insurance

  • In-patient Hospitalization Cover
  • Pre and Post Hospitalization Medical Expenses Cover
  • Day Care Treatment
  • OPD Expenses
  • No Claim Bonus
  • Annual Health Check-up
  • Global Coverage
  • Organ Donor Cover
  • Dialysis Cover
  • Alternative Treatments
  • Ambulance Cover
  • Quick Recovery Counselling & Doctor on Call
  • Chemotherapy & Radiotherapy Cover

Exclusions in Critical Illness Insurance?

The critical illness insurance policy has an initial waiting period of 90 days. The policy does not provide coverage in case of diagnosis of an illness or any surgical procedure during this period.

Before opting for the best critical illness insurance policy, it is essential to read the policy documents carefully to know the exclusions, i.e., the cases where the policyholder cannot get a claim. Permanent exclusions include claims arising due to:

  • Act of self-inflicted injury attempted suicide or suicide
  • Any illness related directly to the consumption of alcohol/ tobacco/cigarettes, etc.
  • HIV 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 Critical Illness Insurance

Buying health insurance is essential to stay financially protected when there is a medical emergency. For people who face the risks of serious ailments, there is a greater need for a suitable health cover, which will cater to the specific costs arising from their medical treatment. A critical illness insurance plan rightly fulfils this requirement by offering adequate coverage for various medical expenses, thus ensuring financial security. Such health plans also enable you to access quality medical care at the best hospital without facing any hassle.

Some of the significant benefits of critical illness policy include:

  • Cover for expensive medical procedures
  • Cover for medical expenses beyond hospitalization
  • Cashless claim facility at network hospitals
  • Tax savings under Section 80D

Critical Illness Insurance vs Health Insurance

Having a health insurance plan ensures a safety cushion that will protect financial savings in times of medical emergencies. The health insurance plan offers comprehensive coverage for various expenses that go beyond hospitalization.

Many people believe that having a health insurance plan is enough to meet the medical expenses arising from any illness. However, the fact is that there are certain critical illnesses for which an existing health insurance policy may not be sufficient, so buying a critical illness insurance plan is essential. Critical illness insurance by Care Health Insurance (formerly Religare Health Insurance Company Limited) offers cover for as many as 32 critical diseases that include cancer, end-stage renal failure, Alzheimer's disease, stroke, paralysis, heart diseases, etc. 

Voice of Our Customer

Keshav Pal Singh

review Recently, I have taken a policy for my mother. Hassle free insurance buying process. Highly Recommend Care Do keeps up the good work.

Rukhsar Khan

review I would like to appreciate your service, support and guidance to settle claim on time.

Arun Sharma

review Mr Promod was very helpful in explaining product features & claim settlement process. Keep it up!

Krishna Verma

review Thank you for helping me in bad situation when my dad was hospitalized. Buying Senior Citizen Health Plan was the wiser decision I have taken.

Radhika Gaur

review Care Health Insurance was awesome, helped me a lot like family with hospitalization formalities of my dad when I was very tense due to his sudden illness. Really appreciate!
Ankita Sharma

My appreciation for your prompt service

At the outset I would like to express my appreciation for your prompt service in taking up the case regarding my claim. I have received your intimation regarding the acceptance of my claim and had a minor query as to what is the claim amount settled by you. Thank you. View more

Ankita Sharma

Health Insurance

Indubala Nambiar

We will continue to avail of your scheme.

Thank you for settling the claim amount. Kindly inform me when the amount is remitted to the credit of my bank account with the Bank of Baroda. We will continue to avail of your scheme when we travel abroad. View more

Indubala Nambiar

Health Insurance

Vikas Singh

Everything went very smooth

I would like to pass on my appreciation for Virender who guided me during the difficult time. He helped me at every stage and didn’t keep me waiting. Due to his efforts, I was relaxed and everything went very smooth while my wife was recovering from typhoid. Thanks Virender you are a star! View more

Vikas Singh

Health Insurance

Sahil Khattar

Really helpful explaining the process in advance

I just wanted to thank you for the exceptional response from you on the recent cashless reimbursement request related to my mother’s operation. You were really helpful explaining the process in advance before the treatment and also during the final settlement. View more

Sahil Khattar

Health Insurance

Aditya Sharma

Finalising my claim in a short period

I must express my profound appreciation for finalising my claim in a short period. I have heard of insurance companies with holding payment or rejecting it outright on very flimsy grounds as they are averse to parting with their money. It was not the case with Care health insurance. Thank you, may your tribe grow. View more

Aditya Sharma

Health Insurance

Zeroing in on a health insurance plan for your family is a tricky choice, given the number of insurers in the market who offer similar policies. It is not wise to simply choose the policy with the lowest amount of premium. You need to compare different policies, their features and benefits. Care Health Insurance (CHI) (formerly known as Religare Health Insurance Company Limited) is a specialist Health Insurer and offers products keeping in mind the needs of a customer in the event of a medical exigency. CHI offers a distinct set of benefits giving a clear choice for providing you with the best possible health insurance.

Awarded as Claims
Leader of the year

23 lakh + Claims settled*

Cashless claim processing
in approx. 2 hours

FAQs on Critical Illness Insurance

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Q.Why should one buy a Critical Illness Cover?

Buying a critical illness cover will help you prepare yourself financially against medical expenses arising due to the treatment of critical 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 the 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 plan 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, option to have Doctor on Call and access to Health Portal as well as Global Coverage.

Q. How does Critical Illness Insurance Work?

Critical Illness Insurance provides coverage for the treatment of a range of critical illnesses, as listed in the policy document. The insured is required to make payment of a pre-decided amount called the premium to the insurer to avail the coverage.

The insured person can opt for medical treatment at any network hospital and avail the cashless facility. In this feature, the insurer would directly settle the medical bills, including those for surgical procedures, with the healthcare center, subject to policy terms and conditions. Using a health card, the insured can easily approach a network hospital and opt for treatment without any hassle. It saves a lot of crucial time, especially during medical emergencies.

It is hugely beneficial for policyholders as they do not have to take the burden of paying from their pockets. At the time of buying a policy, policyholders must check the list of network hospitals.

On the other hand, if the policyholders choose a non-network hospital and plan to pay the bills themselves, they can later get the expenses reimbursed from the insurer.

Critical Illness Insurance offers financial security, which is vital in times when healthcare costs in the country are rising.

Q. Is it Necessary to Get a Medical Check-up Before Buying a Critical Illness Policy?

The critical illness insurance plan covers the treatment expenses for any 32 critical illnesses, as listed in the policy document. The policy will be issued based on tele underwriter, and in few cases insured may be asked to undergo a medical check-up.

Q. Is There Any Eligibility Criteria for Purchasing Critical Illness Plan?

Yes. The eligibility criteria include minimum entry age for child of 91 days to 4 years with at least 1 member of 18 years or above; or 5 years on individual basis. Please refer the policy T&C.

Q. Can I Make Multiple Claims for Same or Any Other Listed Critical Illness?

Critical illness policy is an indemnity cover and the insured can make multiple claims in a policy year. However, all claims made will be processed subject to the policy terms and conditions. The admissibility of any claim under the Critical Illness policy will be subject to purview of coverage under the policy. Please refer the policy T&C.

Q. Does Critical Illness Policy Offer Tax Benefits?

Just like other health insurance policies, Critical Illness Insurance policy also offers tax benefits to the policyholders on the premium paid. The policyholder is eligible for a tax deduction on the premium paid towards the policy under Section 80D of the Income Tax Act, 1961, as applicable. These tax benefits are subject to changes in the tax laws in India.

Q. How should one decide on insurance for Critical Illness coverage?

When buying Critical Illness cover, it is essential to consider various factors such as the medical condition, treatment costs, and the waiting period to complete before getting a claim for your expenses. Additional benefits such as organ donor cover and alternative treatment cover should also be kept in mind when availing of a policy.

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

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

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