Objective

This policy aims to provide additional financial assistance if insured person contracts any of the listed critical illnesses.

Suited for

Anyone between 20 and 50 years of age can buy this policy. It can also cover family members including spouse, two children and parents under a single policy.

What does it do?

This policy pays a lump sum benefit in case any of the insured members contract a covered critical illness. The policy benefit will be paid only if insured member survives 30 days after the confirmed diagnosis of the illness except in case of Quadriplegia where survival period is 60 days.

Pros

This policy can be bought online as well.
Premiums paid towards this policy enjoy a tax benefit under Section 80D.

Cons

t covers lesser number of critical illnesses.

Our View

This policy is useful if you have a family history of any of the listed life threatening diseases or if you wish to add on to the existing basic health cover. However, this policy should be bought only as an addition to the basic health cover and not as a substitute. Critical illness policies cannot replace basic health insurance policies. In comparison to similar policies offered by other insurers, this policy provides a narrow cover. Before buying this policy it is advised to check for alternatives with wider coverage.

Eligibility

Entry Age (years)

Minimum

20

Maximum

50

Maximum Policy Renewal Age (years)

55

Coverage Type

Individual/ Family on an individual basis

Policy Term (years)

1 or 3

Sum Insured (Rs)

Maximum

20 lakh

Minimum

5 lakh

No Claim Bonus

5% no claim bonus for 1 year policy and 10% for 3 year policy for every claim free renewal till it reaches 50% of initial sum insured

Pre Policy Medical Check Up

Not required for upto 45 years of age

Policy Termination

Either of the parties may terminate this policy by giving a 7 days notice. The insurer would pay proportionate premiums if no claim has been made.

Customer Service

Address

Reliance General Insurance Company Ltd., Regd Office: Reliance Centre, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai 400001

Mail to

Services.Rgicl@relianceada.com

Call to

1800 3002 8282(toll free) ; 022 3989 8282(charges apply)

SMS

Type 'protect' and send it to 55454

Network Hospitals

Http://www.reliancegeneral.co.in/insurance/cashless-hospitals.aspx

Scope of Cover

Life Threatening Illnesses

Cancer

Covered with exclusions as mentioned in the policy document

Major Organ transplant

Multiple Sclerosis

Third Degree burns

Aorta Graft Surgery

Lifestyle Disabling Illnesses

Heart Valve replacement or repair

Covered with exclusions as mentioned in the policy document

Coma (persisting more than 30 days)

Quadriplegia (persisting more than 60 days post diagnosis without any significant recovery)

Total blindness

Hospital Cash Allowance( for upto 30 days)

End stage renal disease(not involving transplant)

Exclusions and Waiting Period

Pre-existing diseases

not covered

No claim period

first 3 months from policy commencement

Survival period

30 days from confirm diagnosis of the critical illness