Why should you buy critical illness health insurance plans?
With the growing consciousness about the importance of having health insurance among people in India, a wide range of health insurance plans have also come into existence. Having understood varying needs of people from all walks of life, health insurance companies have come up with an array of health insurance policies. If you are looking for the best health insurance in India for yourself or for your family, you need to understand which is the best health insurance policy as per your requirements.
In India, health insurance plans are chiefly of two types. So, you have to choose between indemnity health insurance plans and health insurance policies with fixed lump sum benefit. Indemnity health insurance plans are the most common health insurance in India. This type of online health insurance plans cover regular hospitalization expenses and pay out the actual medical expenses during treatments. The fixed benefit health insurance plans, on the other hand, cover a specific list of critical illnesses and pay out the entire Sum Insured when the insured person is diagnosed with any of the listed ailments. This type of health insurance plans are also known as critical illness health insurance policies. A critical illness medical insurance mediclaim policy is the best health insurance policy when it comes to covering the high expense of treating life-threatening diseases.
Eligibility criteria of critical illness health insurance plans
All Indian citizens between 18 and 65 years of age are eligible for this type of health insurance in India. People over 45 years of age, however, have to undergo medical test in order to avail a critical illness medical insurance mediclaim policy. Another reason why this type of health insurance plans are the best health insurance policies is children can also be included. You can include your children over 6 years of age in the coverage of your critical illness health insurance plans.
Diseases covered under critical illness online health insurance policies
This type of health insurance plans come with clear policy wordings regarding coverage. Usually best health insurance policy in India that offers fixed benefit cover the following diseases.
- Aorta Graft Surgery is covered by critical illness health insurance plans
- Cancer is covered by critical illness health insurance policies
- Coronary Artery Bypass Surgery is covered by a critical illness medical insurance mediclaim policy
- Health insurance companies also cover Kidney Failure in their best health insurance plans for critical illness
- Major Organ Transplant is covered by critical illness health insurance plans
- Stroke, Permanent Paralysis of Limbs are covered by a critical illness medical insurance mediclaim policy
- Primary Pulmonary Arterial Hypertension and First Heart Attack (Myocardial Infarction) are also under the coverage of health insurance policies for critical ailments.
Lump sum benefits critical illness plans can well be the best health insurance in India or you as this type of health insurance plans pay out the whole amount upfront so that you can decide on the future course of treatment.
