Sentences with phrase «made on the diagnosis of the critical illness»

In a critical illness insurance, unlike a mediclaim policy, no hospitalization is required as a payout is made on the diagnosis of the critical illness.

Not exact matches

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.

Critical illness (CI): On the very first diagnosis of any of the 34 critical illnesses covered under the plan, the policyholder receives a lump sum, made irrespective of actual treatment cost, immediate hospitalisation or other associated medicaCritical illness (CI): On the very first diagnosis of any of the 34 critical illnesses covered under the plan, the policyholder receives a lump sum, made irrespective of actual treatment cost, immediate hospitalisation or other associated medicacritical illnesses covered under the plan, the policyholder receives a lump sum, made irrespective of actual treatment cost, immediate hospitalisation or other associated medical costs.

Alternatively, the full sum assured may be paid on diagnosis of the critical illness, but then no further payment is made on death, effectively making the critical illness payment an «accelerated death payment».

On the first diagnosis of any of the 40 specified critical illnesses, the payout for Critical Illness benefit will be made, and the balance life cover will be carried forward (with reduced future Premiums payable) and payable on deatOn the first diagnosis of any of the 40 specified critical illnesses, the payout for Critical Illness benefit will be made, and the balance life cover will be carried forward (with reduced future Premiums payable) and payable ocritical illnesses, the payout for Critical Illness benefit will be made, and the balance life cover will be carried forward (with reduced future Premiums payable) and payable oCritical Illness benefit will be made, and the balance life cover will be carried forward (with reduced future Premiums payable) and payable on deaton death.

Under this cover, a benefit amount is paid on the diagnosis of critical illness (including end - stage renal failure) or a reimbursement is made up to Rs 50,000 for medical expenses as incurred by organ donor for undergoing organ transplant surgery for the insured's use.