Sentences with phrase «diagnosis of critical illness»

On diagnosis of any critical illness covered under a plan, policyholders will be entitled to get guaranteed lump sum payout.
Under this benefit, premium will be waived off from the date of diagnosis of the critical illness till the rest of the policy term on diagnosis of a covered critical illness.
Offers payouts of the critical illness sum assured on the first diagnosis of any critical illness.
With this rider, you will receive lump - sum amount on a valid diagnosis of a critical illness (Only if specified in the policy).
The critical illness rider allows the policyholder to undergo diagnosis of any critical illness.
Critical illness rider: Is a rider where a percentage of the death benefit is paid out upon diagnosis of critical illness.
The insured person needs to survive for at least 30 days from the date of diagnosis of critical illness for the claim to be admissible.
With this rider, the policyholder receives a lump sum on valid diagnosis of a critical illness pre-specified in the policy.
If the insured survives 30 days post diagnosis of critical illness, a lump sum benefit amount is paid
Critical Illness Insurance is a policy that pays out a lump sum amount upto the Sum Insured upon diagnosis of a critical illness covered under the policy.
A critical illness plan, like Edelweiss Tokio Life — Criticare +, is an insurance policy that guarantees you the claim amount on diagnosis of any critical illness out of the pre-listed ones.
In case of any other claim due to death or on diagnosis of critical illness before all due payouts are paid, the remaining payouts will be paid as lump sum to you / nominee and the policy will terminate.
Example — Suppose Mr. Kumar buys the policy with date of commencement of risk as 1st January 2018, then the Critical illness benefit will not be paid if the date of diagnosis of the Critical illness falls on or before 1st April 2018.
A lump - sum benefit (equal to the sum assured) is paid on the survival of life insured for 28 days after the date of the confirmed diagnosis of Critical Illness and policy terminates thereafter.
After the roll out of new breed of Rider benefits, now the «Waiver of Premium» rider not only provides the benefit of waiver of all life insurance future premiums on the earlier occurrence of untimely death or accidental permanent total disability, but also waives of premium on the first diagnosis of a Critical Illness.
The main underlying criteria for claim is the insured person needs to survive for at least 30 days from the date of diagnosis of critical illness for the claim to be admissible.
In addition to the benefits under Life Option, you will receive an additional benefit of waiver of your future premiums upon diagnosis of Critical Illness under 3D Life option
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 85 years
It provides the insured a lump sum amount in case of diagnosis of critical illness and also takes care of health care costs for such treatment.
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.
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.
Under the Shield Supreme variant, an inbuilt premium waiver rider is offered, which is applicable in case of accidental total and permanent disability or on the diagnosis of a critical illness (the policy covers 34 critical illnesses).
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.
Benefit - based health plans on the other hand, pay a fixed amount upon the diagnosis of a critical illness.
The payout on the diagnosis of the critical illness is based on the life cover regardless of actual expenses.
All future premiums are waived on Accidental Total Permanent Disability (available under all options) and on diagnosis of Critical Illness (available under 3D Life & 3D Life Long Protection options)
In case of life insurance companies, this benefit is typically paid in full, on the diagnosis of the critical illnesses.
Critical Illness Insurance provides you and your family, the additional financial security on diagnosis of a critical illness.
Survival Period: After the diagnosis of a critical illness, the policyholder is required to survive at least for a few days.
A Critical Illness insurance policy provides a fixed lump - sum benefit on diagnosis of a critical illness, which you can use as you, may deem fit.
Critical illness cover helps you financially by giving you a lump sum amount on the diagnosis of a critical illness.
Option to buy the plan in the name of your spouse and opt for the Max Life Waiver of Premium Plus Rider, which will ensure that the policy continues to stay active along with all the benefits in case of an untoward incident such as dismemberment, diagnosis of critical illness, or death
All future premiums are waived on accidental total permanent disability (available under all options) and on the diagnosis of critical illness (available under 3d life & 3d lifelong protection options).
While certain insurers will compensate you with 100 % of the rider sum assured on the diagnosis of the critical illness, if you survive 30 days from the date of the diagnosis.
There is an option to either get your hospital expenses for treatment reimbursed or get payment of compensation on diagnosis of critical illness.
Under critical illness rider, the insured receives a lump - sum on the diagnosis of critical illness pre-specified in the policy.
Owing to this rider, you are eligible to receive a lump sum amount upon the diagnosis of a critical illness, as listed by your insurance provider.
Expense incurred when the patient opts to go for a second opinion after the diagnosis of a critical illness is covered as well.
Don't forget, about 30 days survival period post the diagnosis of a critical illnesses for the lump sum compensation to be provided.
3D Life Option: Under this cover option, all the benefits of the life cover option are provided along with an additional future premium waiver upon the diagnosis of Critical Illness.
Diagnosis of critical illness is in itself a life changing event that can shatter one's dreams oozing out all the savings.
For instance, if the rider amount is Rs. 10 lakh and the death benefit is Rs. 1 crore, Rs. 10 lakh is paid out upon diagnosis of the critical illness, and the death benefit falls to Rs. 90 lakh therein.
Two claims: first on the diagnosis of critical illness, and regular installments to cope with the loss of income as well as death; and second on the death of the life assured
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