How much critical illness cover I should go for
We (me, my wife, 2 sons) are covered with my employer health insurance (3L) and I do have outside health insurance(5L) as well. Both doesnot cover critical illness. How much critical illness cover I should go for and which plan ?
Hello Vikrant.
Apologies for the delayed reply.
Yes, subject to terms and conditions, all health insurance policies cover hospitalization expenses related to all illnesses including Critical Illnesses.
Critical Illness policies solve a different financial risks that occur when a person suffers from a critical illness. Subject to terms and conditions, it provides fixed cash benefit in case the person covered is diagnosed with a Critical Illness. It helps cover loss or curtailment of earnings, increases regular medical expenses that are not covered by a health insurance policy.
Hi Team Beshak, it would be of great help if you would write an article about how to select the stand alone critical illness plan and comparison of the top policies.
Thanks in anticipation.
Hello Kunal,
Hope this helps.