3- HDFC Standard Life Insurance Co. Ltd - Critical Illness Insurance
HDFC Critical Care Plan
Critical Illness can strike anyone. Today with advancement in medical science it is possible to survive a critical illness. Expenses on survival with a critical illness can be very high. HDFC Critical care plan provides for a lump sum payment on survival post diagnosis of a critical illness, so that in the event a critical illness strikes, you don’t have to dig into those precious savings of yours.
Features
Critical-Care-Plan
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Advantages
  • Provides valuable protection on survival post diagnosis of a critical illnesses
  • Covers as many as 30 critical illnesses
  • Lump sum benefit payment paid irrespective of medical expenses
  • The policy continues even after the benefit payment paid on selected illness
  • Choice of the level of health cover and premium payment
  • Convenient and hassle free claims
  • Tax benefits are available under section 80D under Income Tax Act, 1961
This plan provides you valuable protection and support in times of critical illness, helping your family to remain financially independent in difficult times. It provides you with a health cover against 30 critical diseases. You have the liberty to choose the amount of health cover (Sum Assured) as per your need. The minimum amount is Rs 2 lakh and the maximum is Rs 20 lakh. You have the option to reduce the sum assured after the lapse of three years after undertaking the policy, provided no policy claim has been made and the policy is still in force, subject to conditions mentioned in the policy document. A sum assured of greater than Rs. 10 lakh is entitled to a premium discount of 15 per cent on the excess premium payable over the premium corresponding to the sum assured of cover Rs 10 lakh. The minimum entry age is 18 years and maximum age is 55 years. The minimum entry age is 18 years and maximum age is 55 years. You can reduce the premium amount after the completion of the first three years of the policy. You can change your premium payment payment frequency after the completion of one year, subject to conditions mentioned in the policy document. Policy does not offer any maturity,death or surrender benefits.