Critical Illness Policy Better than Single-Disease Covers

Critical Illness Policy Better than Single-Disease Covers


Why are Critical Illness Policies Better than Single-Disease Covers?
Due to the ever-changing lifestyles, health issues are on the rise. Diagnosis of any illness, such as heart ailment, kidney issues, or cancer, may result in huge hospitalization expenses, thereby impairing your financial security. For this purpose, it is recommended to invest in a critical illness health plan.

Understanding critical illness cover
Critical illness cover is an insurance plan that pays a lump sum if you are diagnosed with any of the specific illness from the predetermined list of the policy. The plan also meets all your medical costs and hospitalization expenses.

Critical illness policy vs. single disease cover – Making the right choice
Insurance providers have made available single disease cover plans, which offer comprehensive coverage for a specific disease. While seeking coverage under a single disease policy, no medical tests are required to be taken. You have to simply fill the application form and self-declaration form stating you do not have any pre-existing disease.

It is imperative to analyze the features and benefits of both critical illness and single disease policies while making a choice. The following three points highlight the difference between the two options.

  1. Scope of coverage

    Single disease plans provide coverage for a single disease, such as cancer, kidney failure, or heart ailment, besides others. Critical illness insurance, on the other hand, has a greater scope. It covers multiple illnesses under a single plan.

  2. Benefit for high-risk customers

    Single disease plans provide coverage for a single disease, such as cancer, kidney failure, or heart ailment, besides others. Critical illness insurance, on the other hand, has a greater scope. It covers multiple illnesses under a single plan.

  3. Cost

    The cost for a critical illness health plan is higher than that for a single disease plan. However, the benefits offered by a critical health illness plan offsets the high cost. Apart from the tax benefits, a critical illness plan acts an income replacement in case of loss of income due to the diagnosis of an illness. It also offers a large cover to meet your medical and daily expenses. Due to the easy availability of cash, you may get yourself treated in the best possible manner, thus increasing your chances of survival. Moreover, the premium amount is not subject to an increase upon diagnosis, thus enabling you to make the best of your policy.
    You may, therefore, invest in a critical illness policy to avoid financial burden.
    One such critical policy is the HDFC Life Easy Health Plan – Critical Health Plan for the family. This comprehensive health plan and mediclaim policy offers coverage against surgeries, hospitalization, and critical illness. In case of hospitalization, the HDFC Life Easy Health plan provides the benefit of lump sum amount disbursal upon diagnosis of any of the 18 critical illnesses and 138 surgical procedures. To get in-depth details about the illnesses and procedures covered, benefit offering, and features, you may click here.

*premium Amount for Male, 35 yrs, 10 year term, Silver option, including tax.
HDFC Standard Life Insurance Company Limited.

Insurance is the subject matter of the solicitation. For more details on risk factors, associated terms and conditions and exclusions please read the product brochure before concluding a sale. HDFC Life Health Assure Plan (Form No. P501-105, UIN: 101N087V01) is the name of traditional health plan offered by HDFC Life. HDFC Standard Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand and HDFC Life Health Assure Plan is only the name of the product. The name of the company, name of the brand and the name of the product does not in any way indicate the quality of the contract, its future prospects or returns. HDFC Standard Life Insurance Company Ltd. IRDAI Reg No. : 101. ARN: MC/03/2015/6186.
CIN : L65110MH2000PLC128245. Tax benefits are subject to change in tax laws.

Corporate Office & Registered Address

HDFC Standard Life Insurance Company Ltd.
Lodha Excelus, 13th Floor Apollo Mills Compound,
N.M. Joshi Marg, Mahalaxmi
Mumbai, Maharashtra 400011
Telephone: (022) 67516666

Get in touch with us

Fill out the form below and we’ll be in touch.

Please Enter your Name
Please Enter your Email id
Please Enter Your Mobile no



Disclaimer: By submitting your contact details, you agree to HDFC Life's Privacy Policy and authorize HDFC Life and/or its authorized Service Providers to verify the above information and/or contact you to assist you with the purchase. This will override any NDNC registration made by you.