Critical Illness Insurance – Financial Support When You Need It Most
Overview: This plan provides a lump sum amount upon diagnosis of critical illnesses like cancer, heart attack, or kidney failure. It’s an essential cover for unexpected health crises.
Key Features:
Lump sum payout.
Covers major illnesses.
Tax benefits under Section 80D.
Why It’s Important: Treatment for critical illnesses can be expensive. This plan ensures financial support during such challenging times.
Benefits:
Fixed benefit payout.
Helps manage treatment costs.
Provides peace of mind.
FAQs:
1. What illnesses are covered? Coverage depends on the policy but typically includes cancer, stroke, heart attack, etc.
2. Is there a survival period? Yes, usually 30 days from diagnosis.
