| 6- ICICI Lombard General Insurance Company Limited - Critical Illness Insuranc |
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| Critical Care Insurance |
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| A major illness or accident can adversely affect your plans for the future, since it keeps you away from work and eats into your savings. ICICI Lombard’s Critical Care Insurance policy helps protect your savings by taking care of your medical expenses during those trying times, so that your savings can be utilised in the way you had initially planned. It also offers financial support to help you cope with the lifestyle changes that you need to make post a critical illness or major accident, by offering you a lump-sum benefit of the entire sum insured on first diagnosis / undergoing of any of the nine listed medical illnesses and procedures. |
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| Benefits |
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- Comprehensive cover and pure benefit policy offering lump-sum amount equivalent to sum insured just on first diagnosis / undergoing of any of 9 Major Medical Illnesses & Procedures, Accidental Death /Permanent Total Disablement (PTD) due to accident.
- No health check-up required for policy issuance.
- No survival period, benefit paid immediately on first diagnosis of the covered disease.
- Claim settled within 21 days of receipt of all required documents.
- Only a proposal form and medical declaration from needs to be filled for policy issuance.
- Choose between a cover of Rs. 3 Lakh, Rs. 6 Lakh or Rs. 12 Lakh sum insured and policy duration between 1 year, 3 years or 5 years.
- Avail of tax benefit under section 80D of Income Tax Act on the premium applicable for Major Medical Illnesses & Procedures cover.*
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| Coverage: |
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| Critical Care offers you a choice of coverage on both the sum insured and the tenure of the policy. You can choose between a cover of Rs. 3 Lakh, Rs. 6 Lakh or Rs. 12 Lakh sum insured and policy duration between 1 year, 3 years or 5 years. |
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| Major Medical Illness & Procedures Cover |
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| The Critical Care Insurance shall cover, subsequent to 90 days from the policy start date, the following Major Medical Illnesses & Procedures: |
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- Cancer
- Coronary Artery Bypass Graft Surgery
- Myocardial Infarction (Heart Attack)
- End Stage Renal Failure
- Major Organ Transplant
- Stroke
- Paralysis
- Heart Valve Replacement Surgery
- Multiple Sclerosis
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| On first diagnosis of any of the above illnesses / procedures, the insured is entitled to the lump-sum benefit of the entire Sum Insured opted for. |
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| Accidental Death Cover |
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| In case of death of the insured due to an accident within the policy period, the nominee (mentioned in the policy) is compensated with the Sum Insured. |
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| Permanent Total Disablement (PTD) Cover |
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| Critical Care insures against the permanent and total loss of limbs and sight due to an accident. The compensation (sum insured opted for) is given as a lump-sum benefit in the event of a claim being considered admissible. It is to be noted that the compensation is payable only if the disablement results in inability to remain gainfully employed. |
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