Two-new-specific-disease-health-insurance-policies-launched/

If you are looking for disease specific health insurance policy, than there are two new options available for you. Star Health and Allied Insurance has launched a new cardiac care policy and Max Life Insurance has launched a cancer insurance cover.

star health cardiac Care Policy

It would cover those who have already undergone treatment for the same disease. It also includes additional cardiac procedures such as Atrial Septal Defect, Ventricular Septal Defect, Patent Ductus Arterious, that has been corrected, Radio Frequency Ablation.

The new benefits include cover for out patient expenses subject to limit of Rs 500 per event and maximum of Rs 1,500 per policy period. These expenses are reimbursable only when incurred at Star Health network hospitals/diagnostic centres.

The policyholder will also get personal accident cover equal to the health sum insured for accidental death.

There are two versions under this cover – Gold Plan and Silver Plan and the coverage varies depending on the versions. All cardiac ailments can be availed post 90 days from the commencement date of the first policy.

Max Life Cancer Insurance Plan

Besides providing financial assistance across all stages of cancer, the plan also provides guaranteed income benefit of up to 50% of sum assured.

Policy features include financial protection at all stages of cancer, indexation of sum assured under which sum assured increases by 10% for every claim free year.

The policy provides benefit of waiver of all future premiums till the end of policy term in case the insured is diagnosed with carcinoma in-situ or early stage cancer.

Policyholder will also be provided income support on diagnoses of major stage cancer whereby 10% of basic sum insured will be payable as income for a period of five years from next policy anniversary.

The minimum entry age for the policy is 25 years and maximum entry age is 65 years with tenure ranging from 10-40 years. The minimum and maximum cover is Rs 10 lakhs and Rs 50 lakhs, respectively.

vinay mohanty