The critical illness is considered to be the unwelcome guest that will take a very huge toll on the wealth as well as the health of the people. Different kinds of critical illness examples include paralysis, heart attack, failure of kidney, cancer and various other kinds of things which have become very much common nowadays. The diagnosis, treatment, dialysis, medicine, fees of the doctor and several other kinds of things can make a very huge hole in the pocket of individuals which is the main reason that opting for the perfect the best critical illness insurance India is very much advisable for the people so that financial losses are easily prevented.
Following are the most important points to be taken into consideration by the people at the time of purchasing the critical illness insurance policies:
1. The people always need to check how this particular plan will work in the very first thing for this particular system is the confirmation about the lumpsum payment which the people will get after submitting the proof of the diagnosis of any kind of critical illness to the insurance company. People can go with the option of paying for treatment cost, hospitalisation cost, medicine, Dr fees and several other kinds of things out of this particular server. The sum assured will be defined as well as fixed which is the main reason that people need to have clear-cut details about the whole process from the insurance advisor before making all these kinds of decisions.
2. People should look for maximum coverage in this industry whenever people are browsing for health insurance providers because a critical illness cover will include pre-as well as post hospitalisation expenses along with diagnosis and medication. Daycare treatment, dialysis cover, ambulance cover, organ donation and several other kinds of things will be perfectly covered under the critical insurance plan very easily.
3. Being clear about the amount of premium is another very important thing to be undertaken because the premium is the sum of money which the people need to pay throughout the process after regular intervals of time. People can also go with the option of calculating the premium with the help of online tools like the premium calculator present on different kinds of websites like care health insurance so that there is no hassle at any point in time and people can protect their financial losses perfectly.
4. Apart from checking the inclusions of the policy, it is also very much important for the people to be clear about the exclusions of the critical illness insurance policy because these are the situations in which the company will not make any kind of payment and they will not consider it throughout the process. It is also very much important for the people to be clear about the conditions which are there about which people cannot get the claim and critical illness will also help in providing the people with maximum coverage and minimal exclusions. So, being clear about this particular concept is very much important throughout the process.
5. Asking for the waiting period is another very important thing because this will influence the overall decision of purchasing the policy. The waiting period will be that stipulated time under which the policy will be payable. The people should ask for the waiting period before purchasing the plan because in the critical illness normally it is 90 days after the commencement of the policy period and in the case of pre-existing problems it will be for 48 months. So, considering the critical plan with a lower waiting period is highly advisable for people all the time.
6. Sub-limits are another very important feature which the people should consider at the time of purchasing the critical illness plan and it can be of two types. One sub-limit is on the hospital room rent and another one will be on the specific diseases. Hence, choosing both of the sub-limits depending upon the budget constraints is very much advisable for the people so that they can enjoy the hassle-free claims element and further reading the critical insurance plan is very much advisable for the people throughout the process.
7. Checking out the age of the loved ones is another very important thing and apart from this checking out the renewing ability of the policy up to maximum age is also very much advisable so that people can grab the best possible benefits from it. There are some specific plans for senior citizens which the people need to consider at the time of purchasing such plans.
Keeping in mind all the above-mentioned points is advisable for the people at the time of purchasing the critical health insurance from the house of Care insurance.