Sentences with phrase «lakh critical»

Compare this to a Rs 10 lakh Critical Care Plan from the same company, covering 30 major illnesses but for a premium of Rs 7,500.

E.g. for 40 years male can take Rs 5 Lakh Critical Illness plan at Rs 22.23 for every Rs 1,000 sum assured and the premiums works out to be Rs Rs 11,115 per annum.

E.g. for 30 years male can take Rs 5 Lakh Critical Illness plan at Rs 15.56 for every Rs 1,000 sum assured and the premiums works out to be Rs 7,780 per annum.

For instance someone in the age group of 25 - 30 with a 5 lakh medical cover can add a 10 - 15 lakh critical illness insurance cover to protect himself / his family against all odds.

For a 25 - year old person, the annual premium of a 20 - year endowment policy with a sum assured of Rs 1 crore, with a Rs 5 lakh critical illness rider, would be Rs 24,863.

The accidental death benefit in case of «life plus» option and «all in one» option is Rs. 50 lakhs The critical illness benefit in case of «life and health» option and «all in one» option is Rs. 20 lakhs.

Not exact matches

Having a critical illness plan would give an additional amount to cover Rs 3 lakh expenses.

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

«If you have a mediclaim of more than or equal to Rs 5 lakh, you may not need a critical illness cover.

If the insured has a Rs. 3 lakh plan and is diagnosed with a critical illness then he or she will receive an additional amount of Rs. 3 lakh

Similarly, if the insured has a Rs. 5 lakh plan and is diagnosed with a specified critical illness, then he or she is entitled to receive an amount of Rs. 5 lakh as a lump sum

A deduction of Rs. 1.25 lakh for a critical disability and Rs. 75, 000 for normal disability is allowed.

Bharti AXA's Rs 3 lakh and Rs 5 lakh plans include a cover for critical illness, which is given to the policyholder as lumpsum compensation in the event of the policyholder being diagnosed with any of the 20 critical illnesses covered in the plans.

In an event of critical illness, Bharti AXA's Rs 3 lakh and Rs 5 lakh plans provide double the sum insured.Along with a huge network of 4300 + partner hospitals for cashless hospitalization, the company also provides benefits such as reimbursement of pre and post hospitalization expenses.

The average hospital costs for such critical illness can shoot over 10 lakh easily.

This plan will offer life cover of Rs 1 lakh to the family in case of death, critical illness and other hospitalisation costs under Rs 20,000 - 30,000.

«Twelve per cent corporate claims received for critical illness in 2013 was over Rs 2 lakh,» Bhandari said, adding, here too the claim size shows Y - o - Y increase for most of the diseases.

On diagnosis of the covered critical illness, Rs. 30 lakhs will be paid from the base cover of Rs. 1 crore.

So, if your term plan has a cover of Rs. 1 Crore and Critical Illness rider cover is of Rs. 30 Lakhs, then on diagnosis of the covered critical illness, Rs. 30 lakhs will be paid over and above the base cover of Rs. Critical Illness rider cover is of Rs. 30 Lakhs, then on diagnosis of the covered critical illness, Rs. 30 lakhs will be paid over and above the base cover of Rs. 1 cLakhs, then on diagnosis of the covered critical illness, Rs. 30 lakhs will be paid over and above the base cover of Rs. critical illness, Rs. 30 lakhs will be paid over and above the base cover of Rs. 1 clakhs will be paid over and above the base cover of Rs. 1 crore.

On the first diagnosis of any of the covered critical illnesses, the entire CI benefit amount of Rs. 10 lakhs will be paid as a lump sum, irrespective of the actual expenses incurred on treatment.

Kumar should also consider buying a personal accident disability cover of «50 lakh as well as a critical illness plan of the same amount.

Critical Illness: - Minimum: Rs. 5 lakhs, Maximum: Rs. 50 lakhs The sum assured is available in multiples of Rs. 5 lakhs only and shall remain same for the entire policy term.

The sum assured for a critical illness plan can be anywhere between Rs 1 lakh and Rs 20 lakh.

For the above option 2 and option 3, the critical illness (CI) cover is for Rs. 10 lakhs for this example.

Say, your term plan has a cover of Rs. 1 Crore and Critical Illness rider cover is of Rs. 30 Lakhs.

For instance, a critical illness insurance policy of say Rs. 5 lakh, may have a sub-limit of Rs. 5 lakh, may possess a sub-limit of Rs. 2 lakh for his heart surgery.

If your critical illness rider cover is say for Rs. 50 Lakhs, the entire amount is paid to you in full.

The maximum sum assured for critical illness is Rs. 50 lakhs and no limit for term plans

Now, after a period of 6 months, you are not able to survive the critical illness, then your nominee will receive only Rs. 70 lakhs as Rs. 30 lakhs was already paid to you.

It could cost lakhs of rupees to treat critical illnesses, and treatments could wipe out a chunk of your savings.

Critical Illnesses are covered by National Insurance Mediclaim Policy for family and the benefit amount ranges between Rs. 2 Lakhs to Rs. 10 Lakhs apart from the coverage amount.

In the case any critical sickness or disease, you can receive a lump sum amount of maximum Rs. 20 lakhs.

After all, who would want to pay lakhs and lakhs for treatment of critical illnesses?

An applause - worthy step is setting the ceiling for tax deduction for medical costs incurred on specific critical diseases to Rs. 1 lakh, regardless of the age of the senior citizen.

In Tamil Nadu, the coverage for critical illness is Rs 1.5 lakh, while in Maharashtra, the coverage is Rs 2.5 lakh.

The insurance coverage for the general ailment is Rs 30,000, while Rs 3 lakh has been decided for critical ailments.

Mukhyamantri Amrutam Yojana was launched in 2012 to offer an insurance cover of up to Rs 2 lakh for critical illnesses to those below the poverty line.

The coverage under critical illness plan varies widely from a minimum amount of INR 2.5 lakhs to INR 20 lakhs offered by most insurance companies.

E.g. Gaurav owns a health insurance plan with critical illness cover (1 lakh sum assured).

Experts today are unanimous over the fact that a cover of even 10 lakhs may not suffice for treatment of a critical illness.

In addition to the Sum Insured, a Critical Illness Benefit amount varies from Rs 2 lakhs, RS 3 lakhs, Rs 5 lakhs and Rs 10 lakhs.

The minimum critical care cover can not be less than 5 lakhs INR.

So, for instance, if you buy a critical illness cover of Rs. 25 lakhs for a policy term of 20 years, you will receive the lumpsum amount in case you are diagnosed with an illness that is already specified in the policy document anytime during the policy term.

In case of health insurance policy, the cap is set at Rs. 5 lakh (some companies might provide cover up to Rs. 10lakh) and the coverage of critical illness policy ranges from 5 lakhs to Rs. 50 lakh.

If we look at a critical illness and disability cover of 10 lakhs each, the cost is an insignificant addition of Rs. 300 and Rs. 40 per month.

For instance, let's assume you take a policy of Rs. 60 lakhs with a critical illness cover of Rs. 10 lakhs.

If however, you pass away during the policy term without having had to claim for the critical illness Sum Assured, your family would be paid the Sum Assured of Rs. 60 lakhs.

The Basic Sum Assured is assumed to be Rs. 1 crore and the Critical Illness Sum Assured is assumed to be Rs. 10 lakhs.

The minimum critical illness cover is Rs 1 lakh and there is no maximum limit.

If the insured suffers from any critical illness before 65 years and during the first 30 years of the policy period, then 50 % of the sum assured is paid to the nominee @ maximum of Rs. 50 lakhs.