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Critical Illness Policy – Things to Consider

11

May, 2015

Critical Illness Policy – Things to Consider

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Most people assume that their health insurance plan covers everything. This might not be true. There are many critical illnesses with high treatment costs which cannot be covered by a hospitalization policy. Acute illnesses such as cancer, tumors or strokes can lead to huge financial losses, change in lifestyle or permanent disability. This is when a Critical Illness plan can come to your rescue. Critical illness plan is a benefit policy that provide lump sum compensation equivalent to the sum insured of your plan when diagnosed with critical illnesses. If […]

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Tax Planning, Wealth Management and General Insurance

30

Dec, 2014

Don’t Let Critical Illness Affect Your Finances

7

Jun, 2013

Don’t Let Critical Illness Affect Your Finances

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According to studies, cancer ranks as the second most deadly chronic ailment, expecting to cause 12,181,000 deaths worldwide by the year 2030 (source: Global Burden of Disease-WHO). However, with appropriate awareness and timely treatment, a lot of these deaths can be prevented. One of the main reasons why cancer may fail to get treated is the exorbitant cost of treatment. In this case, a basic health insurance plan can help relieve this burden only partially by covering hospitalization costs along with pre and post medical expenses. Such a plan may […]

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