Sentences with phrase «on diagnosis of critical illness»
Critical illness cover helps you financially by giving you a lump sum amount on the diagnosis of a critical illness.
edelweisstokio.in
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.
The payout on the diagnosis of the critical illness is based on the life cover regardless of actual expenses.
Critical Illness Insurance provides you and your family, the additional financial security on diagnosis of a critical illness.
There is an option to either get your hospital expenses for treatment reimbursed or get payment of compensation on diagnosis of critical illness.
On diagnosis of any critical illness covered under a plan, policyholders will be entitled to get guaranteed lump sum payout.
If it is a critical illness insurance plan, it will give you a lump sum payment on diagnosis of the critical illness.
Insurance company will pay on diagnosis of critical illness.
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 a lumpsum benefit on the diagnosis of a Critical Illness that is predefined in the plan.
Under critical illness rider, the insured receives a lump - sum on the diagnosis of critical illness pre-specified in the policy.
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
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.
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.
2) 3D Life Option — Along with the benefits under Life Option, an additional benefit of waiver in future premiums is received on the diagnosis of critical illness.
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.
Life Time Annuity with 100 % Return of Purchase Price on diagnosis of Critical Illness or Death - 10 % of the Purchase Price if payable if surrendered within the first 7 years and 7 % thereafter.
This rider pays out the chosen percentage of the Rider Sum Assured on the diagnosis of the Critical Illness and / or Terminal Illness.
The plan ensures a fixed lumpsum payout on diagnosis of critical illness or undergoing surgical procedure covered under the pla
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.
A critical illness plan provides the assured amount on the diagnosis of any critical illness that has be predefined in the policy document.
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».
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).
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.
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).
Such plans provide a lumpsum amount on the diagnosis of a critical illness.
Life Time Annuity, Life Time Annuity with 100 % Return of Purchase Price, Life Time Annuity with Return of Balance of Purchase Price, Life Time Annuity Guaranteed for 5, 10, 15 or 20 years and then for life thereafter, Life Time Annuity increasing at a simple rate of 5 % p.a., Life Time Annuity with Return of Purchase Price in parts and Life Time Annuity with 100 % Return of Purchase Price on diagnosis of Critical Illness or 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.
This means that on diagnosis of a critical illness, a lump sum benefit amount will be payable to the insured.
In case of Accidental Total Permanent Disability or on diagnosis of critical illness (available under few options), all the future premiums are waived.
For instance, if the Sum Assured under the plan is Rs 10 lacs, on diagnosis of the critical illness, the insurance pays Rs 10 lacs in lump sum to the policy holder and the policy ceases.