What is Critical Illness Insurance?

Critical illness insurance is a financial cover designed to provide a lump-sum payout when a policyholder is diagnosed with a severe medical condition. With rising medical inflation and increasing prevalence of lifestyle diseases, having a complete critical illness plan is essential for financial security.

Why You Need a Critical Illness Plan

1. Rising Medical Costs

Medical inflation is on the rise, making traditional health insurance insufficient to cover expenses like co-pays, deductibles, post-hospitalization care, and palliative treatments.

2. Income Replacement

Most long-standing critical illnesses significantly impact one’s ability to work. A lump sum payout helps in managing daily expenses during periods of income loss.

3. Guarding Against Financial Liabilities

Critical illness insurance can be linked to financial liabilities, ensuring that loans and other debts are covered in case of a medical emergency.

Features of CritiShield Plus

CritiShield Plus is a robust critical illness insurance plan that offers extensive coverage. Below are some of the key features:

1. Coverage Across Five Cohorts

The plan divides illnesses into five distinct categories, with independent payouts for each cohort. This ensures broader coverage and financial security.

2. Multiple Payouts for Critical Illnesses

Unlike conventional policies, CritiShield Plus offers additional payouts for recurring conditions such as relapsed or metastasized cancer.

3. Coverage for Surgical Procedures

The plan covers up to 106 surgical procedures, with payouts based on the severity of the surgery. Major surgeries qualify for a 100% payout, while minor surgeries receive a 50% payout.

4. Personal Accident Cover

This includes coverage for:

• Accidental death

• Permanent total disability

• Permanent partial disability

5. Value-Added Services

Policyholders can also access:

• Teleconsultations

• Health and wellness offers

• Second opinion (E-Opinion)

• Health Assistance Tools (HAT)

Illustrative Example 

Let’s take an example to understand how CritiShield Plus works:

Case 1: Cancer Diagnosis and Recurrence

• Mr. Sharma, a 45-year-old, was diagnosed with Stage 2 cancer.

• He received a 100% payout for his critical illness cover.

• Three years later, he experienced a relapse and was diagnosed with metastasized cancer.

• Thanks to the Cancer Restore Benefit, he received an additional 50% payout of his sum insured.

Case 2: Multiple Critical Illness Claims

• Mrs. Verma, aged 50, suffered a major heart attack and received a 100% payout under the cardiac cohort.

• Two years later, she was diagnosed with a neurological disorder.

• Since CritiShield Plus provides independent coverage across cohorts, she received another 100% payout under the nervous system cohort.

Choosing the Right Plan

CritiShield Plus offers different plans to cater to various needs:

1. Cancer Shield – Covers all major and minor cancers.

2. Cardiac Shield – Covers major and minor heart-related illnesses and surgeries.

3. Cancer + Cardiac Shield – A combination of the two.

4. Comprehensive CritiShield – Covers a wide range of major organ diseases, neurological conditions, and other critical illnesses.

Critical illness insurance is an essential tool in today’s unpredictable world. CritiShield Plus offers one of the most comprehensive plans, ensuring financial stability in times of medical emergencies. With multiple payout options, coverage for surgical procedures, and value-added benefits, it stands out as a reliable choice for protecting your future health expenses.

Get Protected Today!

Investing in a critical illness plan today can save you from financial distress tomorrow. Explore CritiShield Plus and choose the plan that best suits your needs.