I want to get a critical illness insurance cover. What conditions have to be fulfilled to get this cover?
A critical illness policy is available for specific critical illnesses named under the policy that you opt for. Such policies invariably include diseases like coronary artery surgery, cancer, stroke, renal failure, and many others.
Normally, such a cover is granted to the proposer whose minimum income from gainful employment is Rs 2 lakh or more (income tax return form to be submitted as proof). The pre-existing disease exclusion condition applies to this policy. No claims are allowed within 90 days of taking the policy and the insured person needs to survive for 30 successive days after the diagnosis of the critical illness in order to make his claim.
A critical illness policy is available for specific critical illnesses named under the policy that you opt for. Such policies invariably include diseases like coronary artery surgery, cancer, stroke, renal failure, and many others.
Normally, such a cover is granted to the proposer whose minimum income from gainful employment is Rs 2 lakh or more (income tax return form to be submitted as proof). The pre-existing disease exclusion condition applies to this policy. No claims are allowed within 90 days of taking the policy and the insured person needs to survive for 30 successive days after the diagnosis of the critical illness in order to make his claim.
