Rapidly changing lifestyles puts undue pressure on our bodies thus, causing lifestyle and sometimes critical diseases. No matter how healthy we may feel today but tomorrow is always uncertain. In order to safeguard your loved ones and yourself from such medical uncertainties it is wise to add critical illness plan with your health insurance policy.
Read More- Importance of Critical illness Insurance
Let’s know more about them here.
1. Health plan will cover your hospitalization, routine check-ups and general diseases cover while critical illness plan covers life-threatening diseases such as multiple sclerosis, cardiac arrest, cancer, kidney failure, bypass surgery and so on.
2. Health insurance covers a gamut of diseases as well as provides accident covers. It covers maternity health and preexisting diseases too after a specified period of time. While, critical illness will cover a list of critical diseases whose number might vary from 6 to 12 depending on the insurer. In addition, to offering cover for post-operative care, loss of pay due to illness and hospital stay on temporary basis.
3. Health insurance plan offers reimbursement of hospitalization expenses which the policyholder incurs while getting treatment at the network hospital. After the policy is claimed the health policy might continue till the complete sum insured is exhausted. While, this policy can be renewed later on. Whereas, in critical illness the insured individual receives a set of tax free lump sum after diagnosis of a pre-specified critical illness. The insured can receive the entire amount at once and they can use it the way they wish. Further to this, once the claim is made the policy expires.
Related Read: Reasons To Compliment Your Health Plan With Critical Illness Insurance Policy
