Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
Hurry Up!
Save upto ₹75,000 on taxes in 80D. Buy a health insurance now!
View Plans

Things You May Not Know About Critical Illness Health Insurance In India

Updated On Jun 26, 2020

The cost of critical illnesses treatment is skyrocketing. And as we follow a daily routine with stressful jobs, a high intake of junk food, and a sedentary lifestyle, we are seemingly more prone to critical illnesses. Amidst all this, who want to compromise on the quality of treatment in case a health emergency knocks.
Not you, right?
The severity of the situation calls for a relevant critical illness health insurance plan, as it could be the only thing protecting you from financial ruin at the time of big health emergencies. 
Let us learn more about such plans. 

How critical illness health insurance plans work?

Critical illness health insurance plans work differently from health insurance plans. Unlike health insurance plans, these plans provide cover for critical illnesses and pay the insured in a lump sum on diagnosis of specified critical illnesses.  
As an insured person, you can receive the entire sum insured amount at once which can be used to pay for treatment, recuperation expenses. Or, you can use the amount to fulfil other financial obligations, for instance, loan if taken any. In short, you can get the full sum insured amount regardless of hospital expenses incurred. 
Critical illness health insurance plans are fixed benefit plans with a fixed payout. So, in case you own more than one critical illness health insurance plan, then you will get paid by all the policies. 

Features of critical illness health insurance plans in India 

  • Critical illness coverage: Critical illness health insurance plans offer comprehensive coverage for all the major critical illnesses  
  • Payment in lump sum: Amount is paid in a lump sum for covered illnesses which the policyholders can use to avoid financial shortcomings. 
  • Easy claim settlement process: The claims are processed on the basis of the diagnosis report(s).
  • Waiting period: Health insurance companies usually offer coverage for critical illnesses after the waiting period.
  • Tax benefits: Premium paid for a critical illness health insurance plan is subject to tax benefits under Section 80D of the Income Tax Act. 

What all is covered under critical illness health insurance plans? 

Generally, critical illness health insurance plans offer cover against the following life-threatening illnesses - 
  • Stroke
  • Cancer
  • Heart attack
  • Major organ transplant
  • Permanent paralysis of limbs
  • Open chest CABG
  • Coma
  • Kidney failure
  • End stage liver disease
  • End stage lung disease
  • Major burns 
  • Deafness
  • Motor neurone disease
  • Multiple sclerosis
  • Bacterial meningitis

Popular critical illness health insurance plans in India 

Here is a comparison table of popular critical illness health insurance plans in the market. The features highlighted in the table will help you make an informed decision.
Name of  Insurers Name of Plans Name of Critical Illness Covered Minimum and Maximum Entry Age Sum Insured Range in INR
Star Health Criticare Plus 9 18 Years - 65 Years 2 lakh - 10 lakh
HDFC ERGO Health Optima Vital 37 18 Years-65 Years 1 lakh - 50 lakh
HDFC ERGO General Insurance Critical Illness Plan 15 5 Years-65 Years 5 lakh - 10 lakh
Max Bupa Criticare 20 18 Years-65 Years 3 lakh - 2 Crore
Religare Assure 20 18 Years-65 Years 5 lakh - 1 Crore

The table states some popular plans which people prefer due to a good number of critical illnesses covered under them. But before shortlisting one for yourself, consider a few factors like survival period, inclusion and exclusion, claim settlement ratio etc. as these help you select the best product online as per your requirements.

Also Read

US Medical Experts Identify 6 New Coronavirus (COVID-19) Symptoms

Importance of Critical Illness Insurance Policy for Heart Attack Treatment


As life is full of uncertainty, you must seek a critical illness health insurance plan timely, especially if you belong to a family of critical illness medical history

To buy critical illness insurance for yourself or your loved ones, all you need to do is contact our customer care executives at InsuranceDekho on the toll-free number 1800-1205-698. We will help you buy the most relevant critical illness plan at an affordable premium that too within a few minutes only!

Health Insurance Coverage Calculator

Who do you want to insured ?

  • Individual
  • Couple
  • Family
  • Parents

Age of eldest insured member ?

Where do you live ?

Disclaimer : Actual Coverage might vary basis your location, age and number of members

Health Insurance News

People Also Read

Must BuyMust Buy

Why to Buy Health Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 75,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers

Latest Health Insurance Articles