Critical Illness Insurance by Niva Bupa

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Critical Illness Insurance by Niva Bupa
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What is critical illness insurance?

• Critical illness insurance is a type of insurance
  that provides financial protection to
  policyholders in the event they are diagnosed
  with a specified critical illness or medical
  condition. The coverage can vary depending on the
  insurance provider and the specific policy, but
  generally, critical illness insurance covers the
  following

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What does the critical illness insurance cover?

• The coverage can vary depending on the insurance
  provider and the specific policy, but generally,
  critical illness insurance covers the following
• Lump Sum Payment If the policyholder is
  diagnosed with a covered critical illness, the
  insurance company pays out a lump sum of money to
  the policyholder. This lump sum payment is
  usually tax-free and can be used at the
  policyholder's discretion. Explore Niva Bupa's
  critical illness insurance offerings, which
  safeguard you against 20 specific
  life-threatening conditions, offer seamless claim
  processing, and optimise your tax advantages
  according to section 80D.

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Critical illness insurance coverage

• Specific Illnesses Critical illness insurance
  typically covers a predefined list of serious
  medical conditions, which may include heart
  attack, stroke, cancer, organ transplantation,
  kidney failure, major organ transplant,
  paralysis, and others. The list of covered
  illnesses can vary among insurance companies.
• Survival Period To receive the insurance payout,
  the policyholder must survive a certain period
  after the diagnosis. This period is known as the
  "survival period," and it ensures that the policy
  is not misused by someone purchasing insurance
  after already being diagnosed with a critical
  illness.

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• No Restrictions on Usage The policyholder can
  use the lump sum payment for various purposes,
  such as covering medical expenses not covered by
  health insurance planning, replacing lost income
  during treatment and recovery, necessary
  lifestyle changes.
• Additional Coverage Options Some policies offer
  additional coverage or riders, such as coverage
  for additional illnesses, loss of limbs,
  blindness, or long-term care needs.
• Exclusions and Limitations Critical illness
  insurance policies typically have exclusions and
  limitations. These may include pre-existing
  conditions, certain types of cancer,
  self-inflicted injuries, and critical illnesses
  diagnosed within a waiting period after the
  policy's inception.

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Conclusion

• In conclusion, critical illness insurance by Niva
  Bupa a best health insurance company in India
  offers a valuable layer of financial protection
  and peace of mind in the face of serious medical
  conditions. It's designed to provide a lump-sum
  payout upon the diagnosis of specified critical
  illnesses, allowing policyholders to manage the
  financial impact of medical treatments, lifestyle
  adjustments, and other related costs.
• While critical illness insurance is not a
  substitute for regular health insurance, it
  complements it by covering expenses that
  traditional health insurance might not address.
• Niva Bupa offer best family health insurance and
  individual health insurance.

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Contact us

• For more information
• For a New Policy - 1800-309-3333
• Customer Helpline - 1860-500-8888

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