Top 5 Single Disease Insurance Policies Available Online in India
Updated On Oct 28, 2020
Health insurance is growing at a rapid pace in the general insurance segment. And insurers are launching new policies to exploit the potential. A single disease policy is one of the innovative products in today’s insurance industry.
But the point is a large number of people don’t buy health insurance for more than one reason. A few people don’t feel the need, given they are "hale and hearty." Besides, there are others who are not sure which policy is suitable for them as they are unable to find differences between different insurance products.
So, despite the availability of disease-specific plan, people are unable to choose such policies. To help them out, we’re mentioning in this article top 5 disease-specific plans of the best insurance companies and discuss how they are going to benefit you.
What is a single disease plan?
A single-disease health insurance plan is designed to provide cover for specific diseases like cancer, heart ailment, stroke, high blood pressure, diabetes. Catching on in the health insurance realm, this particular cover does not require any medical tests, but it serves as an optional cover for regular health insurance policies. When choosing a plan, one needs to just fill up a form and a self-declaration of not having any pre-existing diseases.
Single disease cover plans are becoming popular, given the high incidence rates of ailments and expensive medical treatment. Good for individuals with high-risk category, this product is uncomplicated and can be availed without any complex underwriting by just paying a single premium.
So, if you come into the high-risk category, having a single disease policy is necessary. Listed below are some of the best-selling single-disease cover plans available for sale in India.
Diabetes Safe by Star Health Insurance is a special plan for people with both Type 1 and Type 2 diabetes. This policy covers diabetes and related illness. Available on an individual and floater basis, it covers medical costs during hospitalisation due to any complications owing to diabetes. This diabetes-specific plan has two variants, Plan A and Plan B. Under Plan A, the medical test is required, whereas no medical screening is required under Plan B.
Scope of Benefits
- Cover for all the daycare procedures
- Hospitalisation expenses due to complications of Type 1 and Type 2 diabetes
- Outpatient cover for medicines, medical consultations and diagnostic tests
- Pre and post hospitalisation cover for up to 30 and 60 days
- Personal Accident Death cover for the insured member
- Cover for dialysis expenses (Rs. 1,000 for every sitting) for up to 24 months
- Expenses incurred on artificial limbs due to amputation
Diabetes Safe is one of the disease-specific health insurance options for people with Type I or Type II Diabetes Mellitus. The age criteria are between 18 years to 65 years. The sum insured under both the variants are from Rs. 3 Lakh to Rs. 10 Lakh.
2. Care Heart
Care Heart by Religare Health Insurance is another disease-specific plan for the people having heart-related problems, undergoing heart-related surgeries and treatments. The payment is also made for the medical costs incurred during hospitalisation. Coming with four sum insured options, this specific heart insurance product serves as ideal health insurance for cardiac patients, i.e. those with pre-existing heart ailments. Some optional covers under the Care Heart plan are OPD Cover, International Second Opinion, Home Care Option and Active health check-up.
Scope of Benefits
- Pre and post-hospitalization for 30 and 60 days respectively
- Cover for alternative treatments for up to 25% of the Sum Insured
- Annual Cardiac Health Check-up
- Treatment of cataract, total knee replacement, all types of Hernia
- Cover is available for hysterectomy, surgical treatment of stones of the renal system
- Expenses incurred on Cerebrovascular disorders treatment, surgeries for cancer, other renal complications and disorders, and treatment for breakage of bones are also covered
- Other benefits include complete inpatient coverage, ambulance cover, domiciliary treatment, ICU, no claim bonus benefits, etc.
Care Heart policy is for people aged 18 years and above. However, no entry age bar and people of all ages can get this cover. The sum insured options start from Rs. 3 lakh and goes up to 10 Rs. 10 lakh.
Star Cancer Care Gold is a pilot product introduced by Star Health Insurance for customers diagnosed with Cancer or have already completed treatment and cured of cancer but living at a higher risk of second cancer. Whether it’s the first case of cancer or the second one, the policy can financially help you by paying a reasonable amount for medical care. The cover under this plan is available for self, dependent children, spouse, and dependent parents.
Apart from cancer cover, Star Cancer Care Gold also provides the benefit of indemnity cover for surgical and Interventional therapy and non-surgical and non-interventional therapy.
Scope of Benefits
- Cover for recurrence/metastasis and/or second cancer
- Room (Single Standard A/c), Boarding, Nursing expenses by the Hospital
- Expenses related to hospitalization, Anesthetist, Surgeon, Consultants, Specialist Fees, Blood, Oxygen
- Pre-hospitalisation (30 days) and post hospitalisation (60 days)
- Expenses incurred for all daycare procedures
- Emergency Ambulance up-to Rs. 1,500 per hospitalization (Rs. 2,000/- per policy period)
The minimum entry age is 5 months and a maximum of 65 years. Any person suffering from Stage 1 or Stage 2 cancer can buy the plan. The sum insured options are from Rs. 3 Lakh to Rs. 5 Lakh, which is divided into 3 sections.
4. Dengue Care
Dengue Care is a product of Apollo Munich. As it is named, the plan has been designed especially to cover Dengue. This policy covers inpatient treatment without any co-pay and sub-limit, and out-patient expenses arising out of Dengue. Providing quite a number of benefits, Dengue Care Health Insurance Plan can be taken to cover self and family members, but the sum insured would be available only on an individual basis. The policy can be issued on a family floater basis.
Scope of Benefits
- In-patient treatment and outpatient consultations are covered
- Coverage is available for diagnostic tests, pharmacy, and home nursing
- Expenses for pre-hospitalisation for up to 15 days
- Expenses incurred for up to 15 days after discharge from the hospital
- Cover for a single private AC room during hospitalisation
- Coverage is allowed even for non-medical expenses if you book a shared room
To enter the Dengue Care plan, the required age starts from 91 days and is restricted to 65 years. Financially dependent children can also be covered for up to 25 years. The sum insured options are Rs. 50,000 and Rs. 1 Lakh.
5. Cardiac Care
Star Cardiac Care by Star Health Insurance is another disease-specific health policy on the list. A specialized plan for cardiac diseases, it is an ideal insurance choice for people who have undergone for the first time the treatment for the cardiac ailment. Coming in Gold and Silver plan options, this policy of Star Health features to cover medical expenses for non-cardiac diseases and accidents. It also covers medical management and surgical management for ailments related to cardiac.
Scope of Coverage
- Inpatient treatment like room rent, boarding, doctor’s fee, etc.
- Coverage for cardiac diseases that basic plans usually don’t cover
- Death during a personal accident is covered equal to the sum insured
- Pre and post hospitalisation cover as per the policy guidelines
- Hospitalisation cover for accidents and non-cardiac illness
- Emergency ambulance up to Rs. 750 per hospitalisation
Star Cardiac Care is a unique and disease-specified plan. An ultimate tailor-made policy for Cardiac patients, it covers individuals from the age of 10 to 65 years. The sum insured options are Rs. 3 Lakh and Rs. 4 Lakh respectively.
These are some of the best-selling single disease health insurance policies available in India. Going through their features and benefits, we can say that a disease-specific policy is good for those who come in a higher category of cancer, heart disease, dengue, etc. If you belong to a family with a medical history of cancer, diabetes, etc., then you should buy a single disease health insurance policy.
For more information or getting the most suitable health insurance policy, feel free to call InsuranceDekho at 1800-120-5698.
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