c- Features of Various Parameters of Critical Illness Policies of Life Insurance Companies |
Company Name |
HDFC Standard Life Ins Co. Ltd. |
Max New York Life Ins Co. Ltd. |
Aviva Life Ins Co. India Ltd. *** |
Tata AIG Life Insurance Co. Ltd. |
ICICI Prudential Life Insurance Co. Ltd. |
S.No. |
Policy Name |
Critical Care Plan |
Life Line Wellness Plan |
Aviva Health Plus |
Life Health Investor |
Health Solutions |
1. |
Diseases Covered |
30 |
10 |
18 |
12 |
35 |
2. |
Entry Age (Yrs.) |
18 to 55 |
18 to 60 |
18 to 55 |
18 to 55 |
18 to 60 |
3 |
Valid Upto (Yrs.) |
65 |
75 |
65 |
65 |
70 |
4 |
Minimum Sum Assured (Lakhs) |
2 |
2 |
3.5 |
1 |
3 |
5 |
Maximum Sum Assured (Lakhs) |
20 |
20 |
3.5 |
20 |
20 |
6 |
Policy Terms (Yrs.) |
5 to 20 |
10 to 20 |
10 |
10 to 25 |
15 to 25 |
7 |
Premium Payment Term (Yrs.) |
- |
5 |
5 |
5 to 20 |
5 |
8 |
Waiting Period (days) |
180 |
180 |
- |
180 |
180 |
9 |
Sum Assured (Lakhs) |
5 |
6 |
3.5 |
2.5 |
5 |
10 |
Policy Term (Yrs.) |
10 |
10 |
10 |
15 |
15 |
11 |
Age (Yrs.) |
30 |
30 |
30 |
30 |
30 |
12 |
Premium |
3415 |
7500 |
35000 |
11575 |
2896 |
|
Average annual premium per lakh |
683 |
1250 |
10000 |
4630 |
579 |