HDFC ERGO Critical Illness Health Insurance

Critical Illness Insurance by HDFC ERGO is a great policy that protects your finances while allowing uninterrupted medical treatment. The policy keeps the promise of providing the much-desired financial security by offering a lump sum amount in a single transaction upon the first diagnosis of any of the critical illness covered under the plan chosen. Even if the policyholder is allowed to make only one claim during the policy period, the investment is worthwhile. Features that make Critical Illness Insurance, an ideal choice include -

• Low premium, wide coverage
• 1 year or 2 years policy period
• A basic 30-day survival period
• Coverage for up to 15 critical illnesses
• No pre-policy checkup requirement for individuals up to 45 years of age
• No need to submit any documentation, except for in the case of preexisting disease
• Freedom to choose 1 out of 3 plans that fit one’s specific critical illness insurance needs
• Liberty to use the policy lump sum amount for paying off debts, costs of care & treatment, recuperation aids, bring about a change in lifestyle, and others

Critical Illness Insurance by HDFC ERGO is the ultimate protector of health as well as hard-earned savings. If you think this policy will be beneficial for you in every which way, your choice will transform into decision within no time on uncovering additional aspects, which include -

• Renewability for lifetime
• The seamless and easy claim process
• Tax benefits under Section 80D of the Income Tax Act 1961. You can save tax up to Rs. 50,000
• A free look period of 15 days starting from the date of receipt of the policy document

To conclude, Critical Illness Insurance is a reliable plan to invest in. Right from coverage to claim process, each feature of the policy is designed while keeping the needs of an individual dealing with a critical emergency in mind.

Those who find the policy apt as per their critical illness requirements, you can take a smart step forward by opting for Critical Illness Insurance right away. However, it is recommended to buy the plan online so that you don’t encounter policy issuance and transparency issues like in the case of an offline purchase. Also, you can make a convenient choice by relying on InsuranceDekho for purchase to make the most of benefits such as policy portability, claim settlement support, and others that are a big help, if and when the need arises.

HDFC ERGO’s Critical Illness policy covers individuals up to the age of 5 years to 65 years.

The patient should survive for at least 30 days even if he is diagnosed with a critical illness listed in the insurance cover.

Heart Attack (Myocardial Infarction), Major Organ Transplantation, Coronary Artery Bypass Surgery, Multiple Sclerosis, Stroke, Cancer, Kidney Failure, and Paralysis are critical illnesses covered under the Silver variant of Critical Illness plan.

Critical Illness Gold plan by HDFC ERGO covers Heart Attack (Myocardial Infarction), Coronary Artery Bypass Surgery, Stroke, Multiple Sclerosis, Paralysis, Cancer, Kidney Failure, Major Organ Transplantation, Aorta Graft Surgery, Primary Pulmonary Arterial Hypertension, and Heart Valve Replacement.

HDFC ERGO’s Critical Illness Platinum plan covers Heart Attack (Myocardial Infarction), Coronary Artery Bypass Surgery, Stroke, Cancer, Parkinson’s Disease, Alzheimer’s Disease, Kidney Failure, Aorta Graft Surgery, Primary Pulmonary Arterial Hypertension, Major Organ Transplantation, Multiple Sclerosis, Paralysis, Heart Valve Replacement, Benign Brain Tumor, and End Stage Liver Disease.

The sum insured options that come with HDFC ERGO Critical Illness plan include Rs. 5 Lakh, Rs. 7.5 Lakh, and Rs. 10 Lakh.

For individuals up to 45 years of age, no pre-policy medical check up is required.

Under HDFC ERGO Critical Illness plan, you can make only one claim during the policy lifetime.

One can avail up to Rs. 50,000 as tax benefit under Section 80D of the Income Tax Act 1961.