Health insurance plans cover all costs identified with a medical crisis that means hospitalization, pre and post hospitalization, day mind medications, emergency vehicle costs, organ giver costs, and many more. While critical illness plan cover a predetermined rundown of illnesses, where you will get a single amount for any illness.
Structure of benefit
A health insurance plan covers all your medical costs right from transport to the hospitalization in an ambulance to release from the hospital. However, critical illness policy covers only the indicated illnesses and offers AYUSH medicines, domiciliary hospitalization, rebuilding of Sum Assured, maternity costs, etc.
Click Here to Know More Info- Claim Process for Critical Illness Policy
Entirety Insured
Health insurance plans allow getting higher sum as compared to critical illness plans. If you apply for a health plan, you can get sum insured up to Rs.5-6 crores. But, in case of critical illness plans, the sum insured is generally between Rs.10 lakhs and Rs.25 lakhs.
Advantage structure
Health insurance plans are reimbursement plans that pay the real cost of hospitalization. If the bill amount increases, you will get the sum. But, in case of the critical illness insurance has fixed advantage plans.
The cash got from critical illness can be used to pay off your liabilities or get better treatment. But, the claim got under a health plan is exclusively for the medical expenses acquired and can’t be utilized for any other purpose.
Related read: Health Insurance Vs Critical Illness Insurance
