8- Tata AIG Life Insurance Company Limited - Critical Illness Insurance
Tata AIG Life Health Investor
Hospital rooms. Doctor’s bills. Stress. Worry. Tears. Frustration. Life seems to be over the moment one is diagnosed with a critical illness.
But, with Tata AIG Life Health Investor (Health Investor) from Tata AIG Life, life does not have to come to a standstill. Because the financial cover it offers plays a large role in contributing to your peace of mind and subsequent recovery.
What’s more, if you are fortunate enough never to be diagnosed with a Critical Illness, the premiums you pay will never go to waste as they will be refunded in case there is no claim.
Protection Against 12 Critical Illnesses:
 
  • The critical illnesses covered under this policy include Benign Tumour, Paralysis, Parkinson’s Disease, Total Blindness, Cancer, Stroke, Heart Attack, Chronic Renal Failure, Coronary Bypass Surgery, Heart Valve Surgery, Aorta Surgery and recipient of major organ transplant of Heart, Lung, Liver, Kidney, Pancreas or Bone Marrow. The coverage under critical illness benefit would be available only after 180 days from the issue/reinstatement date. However, this policy will cease after one claim is made.
So, invest a little in your health now and stay protected and worry-free.
Key benefits includes:
 
  • Lumpsum benefit on diagnosis of 12 critical illnesses
  • Cover in case of unfortunate death
  • 100% Return of Premium in case of no claim
  • 5% increase in the Critical Illness Benefit upto a maximum of 50% of Sum Assured
  • Limited premium payment period
  • Level Premium
Eligibility:
 
  • Policy is available for persons between 18 and 55 years of age
Tax Benefits
 
  • Premiums paid under his plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*