Critical Illness policy is a fixed benefit plan that provides coverage when the policyholder is diagnosed with any of the life-threatening critical illnesses mentioned in the policy documents. The policyholder receives the entire sum insured irrespective of the actual expense for the treatment or if the insured is hospitalized or not.
The list of critical illnesses covered will vary depending on the insurance company chosen. Therefore, it is important to check the number of illnesses covered and the additional benefits offered before choosing the right product.
Here is the list of the common critical illnesses covered in a Critical Illness policy:
To know more about these diseases, click here.
Apart from the earlier mentioned list, here's a specific list maintained by every insurance company:
Insurance Company |
Total Number of Critical Illnesses Covered |
30 |
|
37 |
|
10 |
|
20 |
|
12 |
|
12 |
|
15 |
|
20 |
|
20 |