{"id":42387,"date":"2019-07-26T15:02:04","date_gmt":"2019-07-26T09:32:04","guid":{"rendered":"https:\/\/www.newsilike.in\/?p=42387"},"modified":"2019-07-26T15:02:06","modified_gmt":"2019-07-26T09:32:06","slug":"elaborate-guide-critical-illness-health-insurance","status":"publish","type":"post","link":"https:\/\/www.newsilike.in\/elaborate-guide-critical-illness-health-insurance\/","title":{"rendered":"An Elaborate Guide To Critical Illness Health Insurance"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1684\" height=\"1128\" src=\"https:\/\/www.newsilike.in\/wp-content\/uploads\/2016\/06\/Health_Insurance_Image.jpg\" alt=\"Health Insurance\" class=\"wp-image-35572\" title=\"\" srcset=\"https:\/\/www.newsilike.in\/wp-content\/uploads\/2016\/06\/Health_Insurance_Image.jpg 1684w, https:\/\/www.newsilike.in\/wp-content\/uploads\/2016\/06\/Health_Insurance_Image-500x335.jpg 500w, https:\/\/www.newsilike.in\/wp-content\/uploads\/2016\/06\/Health_Insurance_Image-700x469.jpg 700w\" sizes=\"(max-width: 1684px) 100vw, 1684px\" \/><\/figure>\n\n\n\n<p>With age, our resistance to fight life threating diseases\ndecreases. Our weak immune system and the rapidly decreasing age makes us prone\nto the inevitable causes of sickness. During such cases, we pour our money into\nexpensive treatments to get cured which eventually create holes in our pockets.\nIn order to avoid hefty expenses, it is advisable to invest in critical illness\nhealth insurance for financial support in times of need.<\/p>\n\n\n\n<p>Here is everything that you need to know before making an\ninvestment in a critical illness health insurance for taking informed\ndecisions:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is Critical Illness Health Insurance?<\/h2>\n\n\n\n<p>If you\u2019re looking forward to getting coverage for specific\ndiseases like heart attacks, paralysis, bypass surgery, cancer, and so forth,\nthen critical illness <a href=\"https:\/\/www.bajajallianz.com\/Corp\/health-insurance\/health-insurance-plans.jsp\" target=\"_blank\" rel=\"noopener\"><strong>health insurance<\/strong><\/a> is the right\nchoice for you. Under a critical illness policy, the policyholder is provided\nwith a lump-sum amount on the time of his diagnosis. The received sum assured\ncan be further utilized by the policyholder for his treatment, recovery, and so\nforth. Moreover, the amount provided by the insurance company might be free of\ntaxes as well.<\/p>\n\n\n\n<p>On the other hand, before purchasing this type of policy,\nevery policyholder should look for certain inclusions and exclusions which\ntheir policy has to offer. For that, it is highly recommended to go through the\nterms and conditions of the policy with a keen eye. In the meantime, take a\nlook at these inclusions and exclusion usually offered by a majority of\ninsurance companies in their critical illness health insurance plans:<\/p>\n\n\n\n<ul><li>INCLUSIONS:<\/li><\/ul>\n\n\n\n<ol><li>Cancer<\/li><li>Coma<\/li><li>First heart attack or\n     stroke<\/li><li>Open chest bypass surgery\n     or open heart replacement<\/li><li>Kidney failure with\n     regular dialysis<\/li><li>Organ or bone marrow\n     transplant<\/li><li>Limbs paralysis<\/li><li>Liver and lung disease<\/li><li>Loss of speech and\n     deafness<\/li><li>Major burns<\/li><\/ol>\n\n\n\n<ul><li>EXCLUSIONS:<\/li><\/ul>\n\n\n\n<ol><li>Illness because of your\n     unhealthy habits like smoking, tobacco chewing, and alcohol consumption<\/li><li>HIV or AIDS<\/li><li>Critical illness diagnosed\n     within 90 days from the time of inception of the policy<\/li><li>The occurrence of death\n     within 30 days of your diagnosis<\/li><li>&nbsp;The serious situation at times of\n     pregnancy or childbirth<\/li><li>Treatment of infertility<\/li><li>Man-made calamities like\n     war, terrorism, civil war, and military operations<\/li><li>Any treatments based\n     outside of India<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">What are the benefits of Critical Illness Health Insurance?<\/h2>\n\n\n\n<p>Typically, these critical illness health insurance covers\nare expensive. However, due to its exclusive benefits, this plan is worth every\npenny. In order to understand the benefits offered by critical illness health\ninsurance in detail, here\u2019s a better look at it:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tax savings benefits<\/h3>\n\n\n\n<p>Under section 80D of the Income Tax Act, 1961, it offers\ntax-free benefits towards the premium payment. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Hospitalization and medical expenses<\/h3>\n\n\n\n<p>On the diagnosis of a certain disease, as specified under\ntheir policy, a <a href=\"https:\/\/www.bajajallianz.com\/Corp\/health-insurance\/critical-Illness.jsp\" target=\"_blank\" rel=\"noopener\"><strong>critical illness insurance<\/strong><\/a> policy\ncovers your hospitalization as well as non-hospitalization expenses. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Health care goal<\/h3>\n\n\n\n<p>This one benefit is exclusively offered by Bajaj Allianz General\nInsurance which promises not only health insurance but also critical illness\ninsurance to all members of the family. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to opt for a Critical Illness Health Insurance?<\/h2>\n\n\n\n<p>Investing in a critical illness health insurance is a simple\nprocess. Moreover, its minimal requirement for paperwork makes it a lot\nsimpler. This easy procedure of filing a claim for critical illness health\ninsurance not only guarantees a hassle-free journey but also convenience.\nTherefore, go through these steps mentioned below in order to begin the process\nof your policy to the soonest:<\/p>\n\n\n\n<ol><li>Contact the insurance\n     company of your choice and requirement<\/li><li>Make registration for your\n     claim<\/li><li>Submit all the required\n     paperwork to get the process started. The documents must compulsorily\n     include a claim form, photocopy of your ID card, a medical certificate\n     stating the diagnosis, and a detailed summary of discharge.<\/li><\/ol>\n\n\n\n<p>Once the entire process of filing a claim is completed, you\nwill receive written communication from the insurance company for the approval\nof the <a href=\"https:\/\/www.bajajallianz.com\/Corp\/claims\/general-insurance-claim-process.jsp\" target=\"_blank\" rel=\"noopener\"><strong>insurance claim<\/strong><\/a>. <\/p>\n\n\n\n<p>Now that you know the entire process and technicalities, we\nare sure that you\u2019ll easily land up with the best critical illness policy. Due\nto the unpredictability of life, see to it that you invest in this policy\nsmartly by keeping in mind all the aspects. Compare multiple policies or\ngenerate quotes from insurance companies in order to opt for the best one. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>With age, our resistance to fight life threating diseases decreases. Our weak immune system and the rapidly decreasing age makes us prone to the inevitable causes of sickness. During such cases, we pour our money into expensive treatments to get cured which eventually create holes in our pockets. In order to avoid hefty expenses, it&hellip;<\/p>\n <a href=\"https:\/\/www.newsilike.in\/elaborate-guide-critical-illness-health-insurance\/\" title=\"An Elaborate Guide To Critical Illness Health Insurance\" class=\"entry-more-link\"><span>Read More<\/span> <span class=\"screen-reader-text\">An Elaborate Guide To Critical Illness Health Insurance<\/span><\/a>","protected":false},"author":2,"featured_media":35572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"Layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"An Elaborate Guide To Critical Illness Health Insurance.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5220],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.newsilike.in\/wp-content\/uploads\/2016\/06\/Health_Insurance_Image.jpg","_links":{"self":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/42387"}],"collection":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/comments?post=42387"}],"version-history":[{"count":0,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/42387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media\/35572"}],"wp:attachment":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media?parent=42387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/categories?post=42387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/tags?post=42387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}