Best Critical Illness Cover Policy in India

1. What critical illnesses are covered by the policy?

• Understand the list of critical illnesses covered by the policy. Common inclusions are cancer, heart attack, stroke, organ transplants, and kidney failure. Choose a policy that aligns with your health history and potential risks.

2. What is the coverage amount and payout structure?

• Evaluate the coverage amount provided by the policy and the payout structure. Some policies offer a lump sum amount upon diagnosis, while others provide staggered payments based on the severity of the illness. Consider your financial needs during a critical illness to determine the appropriate coverage.

3. What is the waiting period for pre-existing conditions?

• Inquire about any waiting periods for pre-existing conditions before coverage becomes effective. Some policies may have waiting periods for specific illnesses, so it’s important to be aware of these terms.

4. Are there any survival or severity conditions for payouts?

• Check the policy details regarding survival periods or severity conditions for receiving payouts. Some policies may require the policyholder to survive for a specified period after diagnosis, or payouts may vary based on the severity of the illness.

5. Does the policy offer any additional benefits or riders?

• Explore if the policy provides additional benefits or riders, such as coverage for the cost of treatment, medical expenses, or a waiver of premium in case of a critical illness diagnosis. These features can enhance the overall protection provided by the policy.