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What is Critical illness Policy?
Critical illness plan covers against the risk of serious
illness. Person will have the security of knowing that a guaranteed cash amount
will be paid to him/her if the unexpected happens and diagnosed with a critical
illness as per the list.
Why to go for Critical illness Policy?
Serious illness comes with serious cost . Critical illness
insurance is designed to ease the financial pressure by paying a tax- free lump
sum, if you become seriously ill or totally disabled . Critical illness insurance
is protect against the financial effects of dangerous illness.
Suitable for
Critical illness insurance plan or policy is suitable
for everyone.
Premium Saving Tips?
Buy this insurance cover as early as possible in life,
as the premium starts to increase with age. Choose annual premium payment option
to save on costs. Check quotes of different Insurance companies. Buying online
is also one way to get affordable insurance plans.
Tax benefits?
Income Tax benefit on the medical cover under section 80D
of the IT Act, 1961.
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