Critical Illness Coverage for Everyone The health care industry in India has seen tremendous growth lately reasons being increase in critical illness, cost effective policies, and most importantly informed masses. Today, the youths are quite aware of the conditions surrounding them and amidst inflation they look out at the best possible ways to secure their health. Considering the demand of young individuals and keeping in mind their family needs, health insurance companies have different health insurance products for each segment. Be it a young professional who has just kick started his/her career, a newly married couple, a couple looking forward to secure their and their children’s health, the health insurance companies have healthcare plans for everyone. Of the many health care products the critical illness coverage is one segment that confuses most of the investors. Though every now and then we hear people around us being diagnosed with cancer or going through bypass surgery or suffering from stroke, we just befool ourselves believing that we cannot be touched by such Critical Illness. Also, one of the misconception is that critical illness is encountered post midage but in reality people in their late twenties and early thirties are being diagnosed with critical illness. The time has come to lift the veil of ignorance and come to terms with the reality.
Critical illness’ coverage and its importance in today’s time Acts as financial lifeline: Some diseases are fatal and are lifethreatening. Not only do they demand immediate medical attention but also a huge amount to undergo treatment. These diseases are classified as Critical Illness. Your policy would help you cope up with medical as well as financial pressure if diagnosed with one of the illnesses listed under your policy. Coverage for self-employed/salaried personnel: For selfemployed people and many salaried personnel, it is easy to take care of minor health issues but painstaking to arrange funds for terminal illness treatment. This policy is a boon for them as the burden of arranging hefty funds for treatment is taken care of. Lumpsum disbursement: This Critical Illness Cover offers lumpsum disbursement to deal with the day to day expenses. When dealing with life-threatening disease it is tough to manage other expenses like funding child education, paying bills, dealing with EMIs and other financial obligations. Easy purchase options and renewal facility: The online purchase facility has made it very much convenient for the
tech savvy generation to save time. They can also pay the renewal premiums online and save their effort and time from their hectic schedule. To protect your family needs and save yourself from financial mess make a decision and act swiftly!