ICICI Pru Heart and Cancer Protect

About ICICI Pru Heart / Cancer Protect Plan

The ICICI Pru Heart / Cancer Protect Plan is a health insurance plan that provides financial assistance to the insured in case of heart ailments and cancer. It is designed specifically to cover heart ailments and cancer treatments, providing comfort and flexibility to allow a worry-free recuperation. The plan’s premiums stay fixed throughout the term of the policy and can be bought until the age of 75 years.

Let’s understand this plan in brief before getting into its details:

How Does the Plan Work?

An individual has to select the coverage s/he requires. The selection has to be one of the following:

• Cancer
• Heart ailments
• Cancer and heart ailments

Discounts are available on the plan in the following conditions:

• If an individual is an existing customer
• If the policy is purchased for a spouse
• If the policy is bought online
• If both heart and cancer covers have been purchased

Premiums stay fixed for 3 years and the policy term can last from 5 to 40 years.

The policy covers costs for the following cancer treatments:

• Minor conditions such as early stage cancers and cancer of specified severity
• Major conditions such as carcinoma-in-situ of any organ (except skin)

The policy covers costs for the following heart ailments:

• Minor conditions such as angioplasty, balloon valvotomy or valvuloplasty, carotid artery surgery, implantable cardioverter defibrillato, implantation of pacemaker of heart, infective endocarditis, minimally invasive surgery of aorta, pericardectomy, surgery for cardiac arrhythmia, minimally invasive surgery of aorta, and surgery to place ventricular assist devices or total artificial hearts
• Major conditions such as cardiomyopathy, first heart attack of specified severity (myocardial infarction), heart transplant, major surgery of aorta, open chest CABG, open heart replacement or repair of heart valve, and primary (idiopathic) pulmonary hypertension

Here are the policy’s pay-outs:

A lump sum payment is made in case of diagnosis of any stage (early or late) of heart ailment or cancer. In case of a minor condition, the policy pays out 25% of the cover amount and the policy continues. If the individual is again affected in a major way, the remaining 75% is paid and the policy terminates.

If a major condition affects the policyholder, 100% of the cover amount is paid on diagnosis.

An individual doesn’t have to pay any more premiums if they are diagnosed with any minor or major disease. The policy has three additional benefits:

• Hospital Cash Benefit: INR 5,000 will be paid for every day the individual spends in the hospital
• No Claim Benefit: This option increases the individual’s cover amount every year for not being diagnosed with an illnes
• Income Benefit: On diagnosis of a major condition, 1% of the sum insured is paid as additional income for 5 years

Why Should I Buy This Plan?

Besides the benefits mentioned earlier, here are some more reasons to opt for the ICICI Pru Heart / Cancer Protect plan:

• The plan pays out lump sum amounts on diagnosis of heart ailments and cancer, whether minor or major
• The cash paid to an individual can be used in any hospital without any restrictions on usability
• No co-payment is required for the plan
• It provides a high cover for low premiums
• It offers discounts for your spouse

Who Should Buy This Plan?

The plan can be opted by individuals between 18 to 65 years. Individuals who wish to have hassle-free financial assistance when diagnosed with cancer or heart ailments can opt for this plan.