Keep Away Critical Illnesses With Religare’s Critical Illness Cover

Posted by Sagar on September 30th, 2019

Regular health insurance covers are often incompetent when it comes to the expenses of a critical illness. To help you with the financial security and life-long commitment under such circumstances, Religare Health Insurance offers a Critical Insurance Cover named Assure. 

What is Assure?

Assure from Religare is a comprehensive cover for up to 20 critical illnesses and personal accidents. It will provide a lump sum amount to pay off the expenses when you are diagnosed or operated for any critical illnesses. The plan offers multiple choices for the Sum Insured; plans of Rs. 5 lakhs, 10 lakhs, 15 lakhs, 20 lakhs, 30 lakhs, 50 lakhs, and 1 crore are available. 

The plan takes care of all your financial worries and responsibilities so that you can concentrate on recovering back to good health.

Why Get Religare Critical Illness Cover?

Along with the critical illness and personal accident coverages, the policy has several distinct benefits to offer. These benefits are served in the form of the product and service features. Some of these include,

• Multiple options to choose for the sum insured
• The insured amount is paid as a lump sum
• Hassle free claims directly with the company
• Zero survival period
• Support for child education

The Highlights of Assure Critical Illness Policy

Mentioned below are some of the most beneficial aspects of this critical illness policy.

1. Comprehensive Coverage 

This plan covers all the expenses that come under critical illnesses, surgical procedure, and medical events. This benefit plan will pay you a lump sum amount when diagnosed with any of the following conditions.

• Cancer
• End-stage renal failure
• Benign brain tumour
• Multiple Sclerosis
• Motor neurone disorder
• End-stage lung diseases
• Heart valve replacement
• Major organ transplant
• Coronary artery bypass graft
• stroke
• Myocardial infarction
• Paralysis
• Aplastic Anemia
• Major burns
• Bacterial meningitis
• Blindness
• End-stage liver disease
• Parkinson's disease (only if you are younger than 50 years old) 
• Alzheimer's disease (only if you are younger than 50 years old)
• Coma

2. Personal Accident Cover

The policy will pay you a lump sum equal to the insured amount in the event of accidental death or permanent total disablement of the person insured. This ensures the well-being and financial independence of your family.

3. Child Education Assistance

Religare’s Critical Illness Cover ensures that your children need not compromise on their dreams during dire circumstances. In case the person insured suffers from a critical illness or an accident, the company will pay an additional lump sum amount equal to the 10% of the insured amount towards the education of your children.

4. Health Check-ups

To ensure that you are always healthy, you will be provided with a health check-up once in a year. It also helps diagnose any hidden illnesses early and avoid any unfortunate circumstances.

5. Option for A Second Opinion

It is always good to have a second opinion in the medical diagnoses, especially for critical illnesses. The policy will make sure you get second opinions at no extra costs.  

6. Provision for Decision Review

The insurance provides a free-look period of 15 days from the date of receipt of the policy. It allows you to return and cancel the insurance if you find it unsuitable for you.

7. Tax Benefits

Under the prevailing tax laws of the Income Tax Act, 1961, you can avail tax benefits on the premiums of this health insurance.

How are the Claims Settled?

With Religare’s simple claims procedure that involves only you and the company, the whole process is quick and effective. All you have to do is report the incident directly to the company and provide the specified documents. Direct communication with the company ensures your maximum satisfaction in the whole process.

The claims of critical illness and personal accidents are mutually exclusive. So, the policy will discontinue in case a claim is settled under either of these circumstances. Also, the claims will be processed on a fixed payout scheme.

Who is Eligible for This Policy?

Anyone between the age of 18 and 65 can take this policy. A pre-policy medical check-up will be carried out for everyone opting for a plan up to Rs. 10 lakhs above 45 years of age. It enables the company to get a better understanding of your fitness and your future requirements. If your insurance is approved, the company will take care of the expenses for the check-up.

What is not Covered?

An indicative list of the scenarios not covered in the policy is given below.

• Expenses caused by self-inflicted injuries.
• Expenses caused by use, abuse, or misuse of drugs or alcohol
• Medical expenditures for the treatment of AIDS
• Hospitalisation caused by war, riot, or nuclear weapons
• Any pre-existing diseases

Religare Health Insurance Company Limited is an expert insurer with sufficient experience in the health insurance sector. The company has designed the Assure Critical Health Insurance policy with the aim to support you financially in the most difficult of times. With Religare as your insurer, you can fight times of illness with no financial concerns.