4- ICICI Prudential Life Insurance Co. Ltd - Critical Illness Insurance
	Why Crisis Cover ? Life is hectic in today's fast paced world. Along with the rapid pace and progress comes the bane of modern life such as increased stress, poor diet and lack of exercise. The alarming aspect is that, owing to these factors, more and more Indians are becoming vulnerable to critical illnesses every year. These illnesses, coupled with increasing costs of treatment, have made recovery a long and expensive process. It goes without saying that securing your family's financial future is a part of prudent financial planning. However, no less important is your health and well-being, for which you need a comprehensive health coverage. And, given our lifestyles, it should ideally be a plan that provides complete protection against Disease, Disability and Death. Keeping this need in mind, ICICI Prudential Life Insurance presents Crisis Cover. This all-inclusive long term insurance policy provides coverage against 35 critical illnesses, total and permanent disability, and also death. So, get the right protection tailored to suit your lifestyle, with this plan which is     Comprehensive Affordable Long Term Crisis Cover at-a-glance Eligible Age 18 years to 60 years Coverage term 10 years to 50 years Maximum Coverage Ceasing Age 75 years Sum Assured Rs. 300,000 to Rs. 2,000,000 Premium payment frequency Monthly, Half-yearly, Annual Tax Benefit As per prevailing tax laws under Section 80C & 80D Modes of Premium Payment: Premiums are payable through any of the following modes:     Cash* Cheques Demand Drafts Pay Orders Bankers Cheque Internet facility as approved by the Company from time to time. Electronic Clearing System Credit Cards (Only standing instruction) *Amount and Modalities will be subject to company Rules and relevant legislation/regulations Premium Payment frequency: Your Premium will fall due in every policy year based on the periodicity of payment of premiums, i.e.   Yearly, Half-Yearly or Monthly    How much does the coverage cost? The most comprehensive coverage is also affordable. Below are the annual premium rates for a Sum Assured of Rs. 500,000 for various policy terms and entry ages for Males. Age(Years) Policy Term       15 years  20 years  25 years  25 Rs. 2435 Rs. 2474 Rs. 2734 30 Rs. 2896 Rs. 3204 Rs. 3738 35 Rs. 4106 Rs. 4724 Rs. 5576 40 Rs. 6282 Rs. 7281 Rs. 8442 45 Rs. 9804 Rs. 11,182 Rs. 12,554 Premium in Rupees The premiums are guaranteed for first five years from the date of commencement of the policy. Thereafter, the premiums are annually reviewable. Any change in premium will only be effected with approval from IRDA. Above premiums are inclusive of modal rebate and Large SA discount & exclusive of any service tax and education cess. Waiting Period: No benefit in respect of Critical Illness Benefit (CIB) or Total & Permanent Disability Benefit (TPDB) will be payable if it has occurred due to sickness within the first 6 months of the policy or first 3 months of the policy reinstatement date where the policy has lapsed for more than 3 months. Key benefits of Crisis Cover     Benefit amount paid on diagnosis of any of the 35 diseases (critical Illnesses), disability or death Receive lump-sum benefit amount irrespective of actual billing Benefit amount will be paid in addition to payment received by you from other medical insurance plan Long term coverage upto 75 years of age Coverage continues even after claiming benefit on select critical illness Premium paid is eligible for deduction under section 80C & section 80D* * The overall limit of deduction for investment u/s 80C & u/s 80D of the Income Tax Act, 1961 are Rs. 1,00,000 & Rs. 15,000 respectively, subject to conditions mentioned therein. How does Crisis Cover work?     Choose a Sum Assured under Crisis Cover Pay Premium based on your age and sum assured and term of cover chosen Get the applicable sum assured in the event of being diagnosed with a critical illness or on being rendered totally disabled or on death, whichever occurs first. Remain covered even after a claim on select Critical Illnesses Get the Sum Assured on under the plan on first occurrence of Death or Total Permanent Disability or on diagnosis of any one of the following 35 Critical illnesses. Flexible Payouts for the 35 Critical Illnesses covered Flexible payouts for 35 Critical Illnesses covered are as below: CI with Full Payout Advantage CI with Coverage Continuation Advantage  Apallic Syndrome Benign Brain Tumour Blindness Brain Surgery Cancer Chronic Lung Disease Coma Coronary Artery Bypass surgery End stage liver disease Heart Attack Heart Valve Surgery Kidney Failure Loss of Independent existence Loss of Limbs Major Burns Major Head Trauma Major Organ Transplant Paralysis Stroke Surgery to aorta Terminal Illness Angioplasty* Alzheimer's Disease Aplastic Anaemia Cardiomyopathy Deafness Loss of Speech Medullary Cystic Disease Motor Neurone Disease Multiple Sclerosis Muscular Dystrophy Parkinson’s Disease Poliomyelitis Primary Pulmonary hypertension SLE with Lupus Nephritis   The Critical Illnesses with Full Payout Advantage : Get the full benefit amount for Critical Illnesses covered under this category. The benefit amount payable is equal to the full sum assured chosen under the policy. The Critical Illnesses with Coverage Continuation Advantage : The maximum benefit amount payable is Rs. 500,000* for Angioplasty and Rs. 1,000,000 for all other critical illnesses in this category and the cover continues for all other remaining illnesses benefits for the remaining sum assured chosen under the policy.The premium is also revised proportionately on the following Policy anniversary for the reduced Sum Assured. * 50% of sum assured with a max limit of Rs. 500,000 Death or Total & Permanent Disability The Full Sum Assured as chosen under the plan is paid in the event of Death or Total Permanent Disability of the Life Assured. This benefit is payable even if death or disability occurs because of an accident. Claims Process made simple Our claims process is an easy 3-step process. This will ensure that you get a hassle-free and convenient claims experience.     Benefit amount paid on diagnosis of any of the 35 diseases (critical Illnesses), disability or death Receive lump-sum benefit amount irrespective of actual billing Benefit amount will be paid in addition to payment received by you from other medical insurance plan Long term coverage upto 75 years of age Coverage continues even after claiming benefit on select critical illness Premium paid is eligible for deduction under section 80C & section 80D*