5- Max New York Life insurance Co. Ltd - Critical Illness Insurance
LifeLine Wellness™ Plus Plan
All of us aim for a long and illness-free life. However, as human beings we are prone to various illnesses and may contract various diseases. Though there are innumerable medical facilities and technologies available today to cure almost every illness, the cost attached to it quite high. These are the times you may need the assistance of a health insurance plan to manage these unforeseen situations and expenses. Illnesses strike without prior warning and that's the reason why you should possess a good health cover, which would insure you against various illnesses and guarantee financial security should you require any treatment. The health covers would provide you peace of mind and allow you to focus your time energy on other important things in life.
Max New York Life's LifeLine-Wellness™ Plus health plan provides a wonderful benefit system in terms of long tenure of coverage, coverage for 38 critical illnesses and tax benefit.
Eligibility Criteria
Criteria Eligibility
Age At entry 18 years to 60 years
Option for policy term 10, 5 or 20 years
Maximum age at maturity 75 years
Premium Guarantee 5 Years i.e subject to the revision with IRDA approval. Premium is renewed every 5 years through the term of your plan
Premium Limits Minimum: Rs. 2,500 (Yearly Mode)
and Rs. 1,300 (Half Yearly Mode)
Waiting Period 180 days from policy commencement
Reinstatement after Lapse Allowed only till 6 months based on declaration of good health
Waiting Period after Reinstatement 90 days from policy revival date
Scale of Benefits
Coverage Choice Life Line - Wellness Plus™ Plan
Number of Units 1 2 3 4 5 6 7 8 9 10
Sum Assured (in lacs) 2 4 6 8 10 12 14 16 18 20
Example: If you take 5 units of Wellness Plus you have bought yourself a sum assured of 10 lacs as per the table above.
List of Covered Critical Illness Conditions under LifeLine- Wellness™ Plan
The list of covered conditions are divided into 3 groups
Group 1 Group 2 Group 3
Claim - 25% of SA. Claim - 50% of SA. Claim - 100% of Sum
Policy Continues with the Policy Continues with the Balance Assured
Balance Sum Assured Sum Assured Policy discontinued
Alzheimer’s Disease Angioplasty and other Invasive Apallic Syndrome
Blindness Treatment for Coronary Artery Aplastic Anaemia
Deafness Disease Brain Surgery
Loss of Speech Benign Brain Tumor Cancer
Medullary Cystic Disease Cardiomyopathy Coma
Motor Neuron Disease End Stage Lung Disease Coronary Artery By-
Muscular Dystrophy Heart Attack pass Surgery
  Heart Valve Surgery Kidney Failure
Major Burns End- Stage Liver
Multiple Sclerosis Disease
Multiple Trunk Avulsions of the Loss of Independent
Brachial Plexus Existence
Necrotizing Fascitiis Loss of Limbs
Paralysis or Paraplegia Major Head trauma
Parkinson’s Disease Major Organ
Primary Pulmonary Hypertension Transplant
Poliomyelitis Stroke
Systemic Lupus Erythematosus Surgery of Aorta
  Terminal Illness
Total Permanent
Disability(to Age 65)
Benefits under LifeLine - Wellness™ Plan
You can avail benefits on the happening of any of the above events and fulfilling the following 3 conditions
  1. Confirmed by a registered medical practitioner, including a relevant specialist acceptable to the company (the cost of which shall be borne by the policyholder).
  2. Provided the life insured has survived for at least 28 (Twenty eight) days after the happening of the insured event.
  3. The life insured filing with the company all the required claim documents within 60 days of the date of the happening of the insured event.
  4. A claim with respect to any particular critical illness, if paid, shall not be payable again
Key Benefits