Objective

This policy aims to cover major illnesses which can otherwise become a drain on a family's finances. It can be bought along with the basic health policy for an enhanced coverage in worst situation.

Suited for

Anyone between 18 and 60 years of age can enroll under this policy.

What does it do?

This policy will pay sum insured in a lump sum, or as agreed upon in the policy document, if insured person is diagnosed with any of the covered critical illnesses and survives for 30 days after diagnosis. It covers 11 chronic diseases.
A second opinion on insured's illness can be arranged from a panel of doctors in the USA. However, pre existing illnesses or related conditions are not covered.

Pros

It allows online renewals.
Premium paid is eligible for tax benefit under section 80D of the Income Tax Act.

Cons

It covers only 11 illnesses and does not allow lifelong policy renewal.

Our View

Those with family history of critical illnesses mentioned, must go for such a policy. This policy is not a substitute for basic health cover but it can be bought along with a basic health policy to enhance the coverage in worst case scenario.

Eligibility

Entry Age (years)

Minimum

18

Maximum

60

Maximum Policy Renewal Age (years)

65

Coverage Type

Individual

Policy Term (years)

1

Sum Insured (Rs)

Maximum

1500000

Minimum

250000

Pre Policy Medical Check Up

Not required

Policy Termination

Insurance company may cancel the policy by giving a 7 days notice. It will refund a portion of premium as stated in the policy document.

Customer Service

Address

Registered Office:TATA AIG Insurance, 9th Floor, Piramal Towers, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 01

Mail to

customersupport@tata-aig.com

Call to

1800-266-7780

SMS

TAG to 5616181

Scope of Cover

Critical Illnesses

First Heart Attack

covered with exclusions

Stroke

Cancer (excluding skin cancer)

Kidney failure

Major Organ Transplant

Paralysis

Coma

Major burns (covers atleast 20% of the body surface)

Multiple Sclerosis

Total Blindness

Coronary Artery Bypass Surgery

Other benefit(s)

Second Opinion

arranges an independent opinion based on medical and diagnostic reports from a panel of doctors in USA

Exclusions and Waiting Period

Pre-existing illnesses or related condition

not covered

Waiting period

any disease contacted during initial 90 days following the policy issue date will not be allowed

Survival period

30 days from diagnosis of the illness