HDFC ERGO critical illness, a policy which provides cover against critical illnesses, comes in two variants- Silver and Platinum. Silver Plan covers eight critical illness while Platinum plan covers more number of ailments. The policy pays a lump sum on confirmed diagnosis of critical ailments, following a survival period of 30 days. However, a policyholder cannot make multiple claims as the cover ceases after a claim is made. HDFC ERGO health insurance is suitable for individuals with a history of life threatening ailments.
Features & Benefits - HDFC ERGO Critical Illness Plan:
HDFC Ergo critical illness policy offers two sub plans - Silver and Platinum which have similar features with the exception of some benefits such as the number of critical ailments covered among others as shown in the table below.
|Entry age||Minimum is 5; maximum is 45|
|Eligibility||Critical illness policy covers individuals in the age group of 5 to 45 years. Children aged from 5 to 18 years can be covered if parents are already insured|
|Medical screening||No pre-policy medical check up is required for individuals up to 45 years|
|Maximum Sum Insured||Rs. 10 lakh|
|Minimum Sum Insured||Rs. 2.5 lakh|
|Discount||Discount on a policy tenure of 2 years|
|Policy renewal||up to 66 years (1 year policy term) and up to 67 years (2 years policy term)|
|Grace period for policy renewal||15 days|
|Ailments covered under both Silver and Platinum Plans||
|Waiting period||90 days from the date of buying the policy|
|Tax benefit||Premiums paid under this plan qualify for deduction. Policyholders can claim upto Rs.15,000 as tax benefit under section 80D. Also, senior citizens can avail up to Rs.20,000|
|Termination||Insurer may cancel the policy by giving a 30 day written notice to policyholder. Likewise, the policyholder can cancel the policy via a written notice, in which case, a certain percentage of premium would be refunded based on the policy term|
Find cashless network hospitals nearby: HDFC ERGO Cashless Network Hospitals
Also Read: Best Health Insurance Plans of 2017
Also Read: How to File a Claim with HDFC ERGO?
Other Health Insurance Plans from HDFC ERGO Health Insurance:
- HDFC ERGO Health Suraksha
- HDFC ERGO Health Suraksha Gold
- HDFC ERGO Health Suraksha Regain
- HDFC ERGO Health Suraksha Top Up
- HDFC ERGO Critical Illness Platinum
GST rate of 18% applicable for all financial services effective July 1, 2017.
Disclaimer: Premiums may vary depending upon factors like age, location and prevailing taxes/GST.