In this video, Mr. Vivek Law from The Money Mile, is trying to emphasize how important it is to have a critical illness policy. As we know that in today’s time, we are seeing people leading a sedentary lifestyle and getting exposed to various critical illnesses at a very young age. At the same time, health inflation is galloping at a rate of around 10% per annum. Hence, in such a case, a hospitalization scenario can put a huge dent on your hard earned savings.
One can see numerous such cases where people have lost their savings while getting treated. While your standard health insurance plan can suffice during treatment for basic health treatments, a critical illness cover helps you enormously while one is getting treated for any major health issues or illness. The ideal health insurance protection is where a person has a base cover which is supported by a top-up health plan, a critical illness cover and daily reimbursement cover which takes care of ancillary expenses.
One can avail a Super top up plan with a cover of Rs 10 lakh in just around Rs 5000. Similarly, in case of critical illnesses like Kidney failure, Cancer, major organ transplant, Bypass surgery, Stroke, one can get a lump sum benefit amount on being diagnosed, if they have availed a critical illness cover. The same can be availed for as low as Rs 1500 on a 5 lakh cover for a 35 year old person.
Explore more Health Insurance Videos.
I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.
Please enter valid quote reference ID