Sentences with phrase «critical illness diagnosis»

That means if life cover is 50 lacs and critical illness cover is 10 lacs, After payment on critical illness diagnosis, the life cover goes down by 10 lacs.

This allows you to choose an insurance amount to be paid in the event of a critical illness diagnosis.

Not exact matches

If you don't have money set aside for medical or health emergencies — or some type of critical illness insurance plan that covers all costs upon diagnosis — you may end up struggling with medical debt for years to come.

The new Critical Illness Benefit provides consumers with additional financial protection when faced with a serious medical diagnosis, such as a heart attack, cancer or stroke.

In case of diagnosis of covered critical illness #, he receives a lump sum amount of Rs. 15 lakhs, irrespective of the treatment cost.

No your policy will only pay out once, either on diagnosis of a specified critical illness or on death during the policy term.

In case of diagnosis of covered critical illness #, he receives a lumpsum amount of Rs. 15 lacs, irrespective of the treatment cost.

In the event of death, diagnosis of an insured critical illness or an accidental dismemberment / paraplegia, a lump sum payment will be made based on your outstanding account balance up to a maximum of $ 25,000.

These policies offer cover against critical health care expenses such as critical illness, surgery and hospitalization etc. the benefits can be in the form of a lump sum on the diagnosis of any critical illness or fixed expenses on hospitalization.

Critical illness cover is designed to pay out a lump sum on the diagnosis of a covered condition.

For critical illness insurance, the lesser of the outstanding balance as of the date of diagnosis or the average monthly balance for the 12 months prior to the month in which the diagnosis occurred.

Medical malpractice can occur in the initial diagnosis of a patient, when a doctor overlooks a symptom or does not identify a critical condition or major illness.

Plus, after a first - ever diagnosis, you are still eligible for benefits from multiple critical illness categories if you continue paying premiums.

It is designed to pay out on diagnosis of a specified critical illness during the length of the policy.

Critical illness insurance plans provide that, upon the diagnosis of a covered illness, you'll qualify to receive a one - time lump sum payment.

Critical illness insurance (also referred to as catastrophic illness insurance) pays a lump sum cash benefit upon the first confirmed diagnosis of a covered illness, such as heart attack, stroke, cancer or HIV / AIDS.

Critical illness insurance plans provide that, upon the diagnosis of a covered illness, you'll qualify to receive a $ 25,000, $ 50,000 or $ 75,000 one - time lump sum payment.

According to the American Association for Critical Illness Insurance, cancer is treatable and millions survive a cancer diagnosis as a result of improvements in medical care and medicines.

There were 1.5 million new cancer diagnosis in the United States according to the American Association for Critical Illness Insurance http://www.criticalillnessinsuranceinfo.org report.

Critical illness insurance is designed to ease the financial pressures of someone suffering from a serious illness by paying them a lump sum when they receive their diagnosis.

Option 1, Wealth option: Whole life cover Option 2, Wealth + Care option: Additional health protection through Care Benefit — Company pays all future premiums on diagnosis of any one of the 5 listed critical illnesses

A critical illness policy on the other hand assures you a certain per - decided amount of money upon diagnosis, which can be utilised in any way.

As a CoverMe Critical Illness plan policyholder, you are eligible to receive a $ 25,000, $ 50,000 or $ 75,000 lump sum benefit, 30 days following the diagnosis of Cancer, Heart Attack or Stroke, or the undergoing of Coronary Bypass or Aortic surgery.

In addition to this, a critical illness cover can be added to your life insurance policy, through which you receive a lump sum on diagnosis or death, whichever comes first.

Yes, life insurance events can include diagnosis of a terminal or critical illness, disability due to health, permanent disability, accidental death or the need for long term care, to name a few.

Being a Bharti AXA Health Insurance benefit plan, the claim should be submitted 30 days after the initial diagnosis, provided 60 days had elapsed when the critical illness was diagnosed

People who buy these Critical Illness riders will get a fixed lump sum amount as soon as the diagnosis is carried out by any of the prior conditions specified in the terms and conditions column of the document of the policy.

Under the Lifetime Annuity with Return of 100 % of Purchase Price on diagnosis of Critical Illness or death, the annuity payouts cease and 100 % of the purchase price is returned if the policyholder dies or is diagnosed with a critical illness before the age of Critical Illness or death, the annuity payouts cease and 100 % of the purchase price is returned if the policyholder dies or is diagnosed with a critical illness before the age of 8Illness or death, the annuity payouts cease and 100 % of the purchase price is returned if the policyholder dies or is diagnosed with a critical illness before the age of critical illness before the age of 8illness before the age of 85 years

The Critical Healthline policy provides a lump sum amount directly on the diagnosis of a life - threatening disease or any of the listed illness without the requirement of a hospitalization.

Have high deductible plans and want to mitigate that financial risk: Some major medical plans (both short - term health and Obamacare insurance) have very high deductibles but Agile Secure can provide cash to pay down those deductibles in the event of a covered accident or diagnosis of a critical illness.

The benefit is payable upon the diagnosis of one of the critical illnesses covered, without any survival period.

This includes protection against 26 critical illnesses, a return of premium option and no wait times in the event of a cancer diagnosis.

Under this rider, you'll get the cover amount in case of diagnosis of any of these 4 critical illnesses.

If your policy says you get $ 20,000 when you're diagnosed with cancer, you get paid $ 20,000 for the diagnosis whether your medical bills are $ 500 or $ 500,000 (although disease - specific policies typically only pay out for cancer if it's invasive, meaning that the bills would be fairly significant; a basal cell carcinoma removed in an outpatient setting and requires no further treatment is not going to trigger a payout from your critical illness plan).

If you are 43 years old and get blindsided by a critical illness such as a cancer diagnosis, you could accelerate $ 100,000 of a $ 300,000 policy to help pay for medical expenses and make - up for lost income.

LifeCheque no - medical exam Critical Illness provides a tax - free lump sum cash benefit directly paid to you 30 days following the diagnosis of one of the 5 most common illnesses and conditions:

Like accident insurance and hospital indemnity insurance, critical illness insurance also provides a lump - sum cash benefit upon diagnosis that you can use however you see fit — whether it's for household expenses, medical payments or personal needs for you and your family.

Benefit for diagnosis of a specified critical illness (such as but not limited to cancer, heart attack or stroke) or for a covered procedure; such coverage generally provided under a CI policy or CI rider attached to another type of policy

Today you can find out more about an affordable way to receive a lump - sum cash benefit upon the diagnosis of a critical illness or condition.

The benefit against Critical Illness rider is paid on the first diagnosis of any of the predefined 11 critical ilCritical Illness rider is paid on the first diagnosis of any of the predefined 11 critical ilcritical illnesses.

On the other hand, if it is topped with a critical illness benefit rider, the policyholder stands to gain a lump sum upon diagnosis of such an illness.

The chosen Critical Illness (CI) Sum Assured shall be payable upon the first diagnosis of one of the covered Critical Illnesses (listed below), provided the following:

A critical illness insurance rider gives the sum assured to the life insurance policy holder on diagnosis for the purpose of treatment.

Only 12 percent of blacks will be alive five years after their lung cancer diagnosis, compared with 16 percent of whites, according to the American Association for Critical Illness Insurance, a national trade organization.

Critical illness insurance products meet the changing financial protection needs that arise from medical breakthroughs and earlier diagnoses of serious (but no longer deadly diseases).

Maximum benefits are payable if you are diagnosed with one of the above specific critical illnesses and the date of diagnosis is while your coverage is in force.

Critical illness insurance pays a lump - sum cash benefit generally upon diagnosis of a covered critical illness such as cancer, heart attack or stroke notes Barry Eagle, Vice President, Marketing for Gen Re LifeHealth a Berkshire Hathaway Critical illness insurance pays a lump - sum cash benefit generally upon diagnosis of a covered critical illness such as cancer, heart attack or stroke notes Barry Eagle, Vice President, Marketing for Gen Re LifeHealth a Berkshire Hathaway critical illness such as cancer, heart attack or stroke notes Barry Eagle, Vice President, Marketing for Gen Re LifeHealth a Berkshire Hathaway Company.

«Few families are financially prepared for all the uncovered and related expenses,» Slome adds, «which is why we have mounted a campaign to educate individuals between ages 30 and 50 about critical illness insurance protection which pays a lump sum cash amount upon diagnosis of a major condition.»

PNB MetLife critical illness rider when opted for in your life insurance plan, provides payment of an additional amount on the diagnosis of as many as 10 critical conditions, along with offering a cover at the time of death.

Benefit - based health plans on the other hand, pay a fixed amount upon the diagnosis of a critical illness.