National Insurance Critical Illness Policycovers medical expenses incurred for the critical illness by the insured. This policy covers you and your family against 6 major critical illnesses.
A lump sum amount is paid to the insured on diagnosis of any of the specified 6 critical illnesses. To make the claim, the insured needs to survive for 30 days after the diagnosis has been made.
Features & Benefits of National Insurance Critical Illness:
Entry Age
20 years – 65 years
Policy Period
1 year
Renewability
The policy can be renewed till the insured is 65 years of age.
Basis
Covers the individual as well as the family.
Sum Assured
There are 4 levels of Sum assured:
Level I- Rs.5 Lakhs.
Level II- Rs.10 Lakhs.
Level III- Rs.20 Lakhs.
Level IV- Rs.25 Lakhs.
Coverage
The plan covers the following 6 major critical illness:
Coronary Artery Surgery
Cancer
Renal failure
Stroke
Multiple Sclerosis
Kidney, Lung, Pancreas or Bone Marrow transplant.
The entire sum assured is paid in a lump sum on the diagnosis of the critical illness by an authorised medical practitioner.
Tax Benefit
The premiums paid up to Rs.15,000 on the policy is allowed as deductions every year under the Section 80D of the Income Tax Act. The exemption for senior citizen is Rs.20,000.
Exclusion
There is a 90 days waiting period wherein no claims are admitted.
For the claims to be paid out, the insured person must survive the critical illness for at least 30 days after the diagnosis of the illness.
Dependent diseases won’t be covered under this policy.
This health insurance policy is beneficial for those who have a family history of these critical illnesses, so that they medical expenses won’t be a burden on the insured, in case he suffers from it. It is advisable to be prepared for the worst in advance.
Disclaimer: Please read and check the details of the policy to see if it meets all your requirements.
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National Insurance Critical Illness Policy Reviews
I have National Insurance health cover upto Rs.20 lakhs its exclusive for me, they only provide cover for spouse and children but I am a single. They have cash less facility and the claim settlement is good. They got tie up with across pan India they give cover for all critical illness. But I don't have any experience however I heard about it.
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SAGAR TYAGI TYAGI
, hyderabad
Reviewed on Apr 14, 2019
I have taken term insurance from the National LIFE INSURANCE i have chosen this policy based on the convincing premium amount with good policy coverage . This policy hold benefits accidental benefits and critical illness benefits . Overall am satisfied with this policy based on the coverage and benefits .
I have the mediclaim policy with National Insurance for the cover of Rs. 3 lakhs they have major and minor hospitals tie up, they gave me list of hospitals, policy duration is good. There is no pre existing or critical illness cover. They have cover for major diseases, the premium is low with best benefits.
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KRISHNAJI VASUDEV SHEDBAL
, bangalore
Reviewed on Dec 11, 2018
I have a health insurance in National Insurance for me and my family. The policy covers minor disease and critical illness. The customer service is excellent. Am paying yearly 16K as a premium. Last year have applied for claim, the refund was 100% excluding food. The policy coverage is 10L, I have taken in the year of 2005 or 2006. Am getting good benefits on this policy.
They provided the soft copy of Insurance details very immediately but they have not given the hard copy yet.It takes 4years tenure for covering pre-existing disease in the Insurance.The critical illness also has some particular waiting period.
Under the National insurance my company has provided the Medi assist policy in which all the critical illness is covered after the hospitalization of 24 hours. Once we are admitted in the hospital just we have to inform the insurance company and all the produce will be completed in 5- 10 minutes. Pre an post hospitalization is been covered. Per day cashless treatment is give from 1500 to 3000. In we have not us the coverage in the year 20% of the bonus will be offered in the nest year.
I have a health insurance policy with National Insurance.I pay a premium of around Rs.8k on a yearly basis to my agent. It has a coverage amount of Rs.3 Lakhs and covers hospitalisation , bed charges and critical illness cover etc. I have had this since 8 years and have had the experience of claiming it once for an emergency. The claim process was easy and took just about 10 days as I have a very efficient agent and I got the full reimbursement.
I have a medical insurance policy from National Insurance. It has a family cover and I can add two more members. The cover is for Rs.5 Lakhs. It covers cashless hospitalisation and bed charges etc. if intimated on hospitalisation within 24 hours. It has a critical illness and accidental cover.
I have a Medical Insurance policy with National Insurance. It covers in case of minimum 24 hours hospitalisation under cashless policy. I have it for the past 16 years and I pay around Rs.10,000 yearly. It covers bed charges, critical illness etc. I had used it once and it was easy to claim. The accidental cover is for Rs.2 Lakhs.
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KUTHADI MALLESH KUMAR
, hyderabad
Reviewed on Apr 13, 2016
Almost all the critical illness are being covered by National Insurance. As this is a corporate health insurance plan so for cataract they are just giving 50% of coverage. They have cap on the coverage amount. Incase of c-section the coverage is 25k and for normal delivery it is 20k.
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BHUPESH ARORA
, new delhi
Reviewed on Oct 14, 2015
The health insurance from National Insurance is good. This is provided to me by my company and it covers my entire family. This insurance covers all the major and critical illness. I had recently claimed for my wifeâ??s maternity for which I got the entire amount refunded. The executive of the company had really helped me a lot in claiming the amount.
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DANNY PRADEEP F
, bangalore
Reviewed on Aug 05, 2015
I have taken 2 polices from National Insurance. One is a family floater policy and another one is exclusively for critical illness. The coverage is upto 5 lakhs for my family. For the first claim I will be getting only 50% of the money reimbursed. From the next year I will be getting the entire amount I am eligible for. The critical illness policy covers only in case of disabilities and also a lumpsum payments when in the case of no earnings and also it is mandatory that I survive atleast for a minimum of one month.
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INDRANIL CHOWDHURY
, kolkata
Reviewed on Jul 02, 2015
Health insurance that I hold is offered by my company and National Insurance is offering 5lakhs of coverage for each individuals. All critical illness are being covered for employees. Whole family is covered but not sure about the no claim bonus benefits.
I am holding a medical policy with National insurance. This policy was taken through online. It provides a cover for critical illness and other illness as well. It provides a cover for most of the hospitals in my locality so it is very easy for me to get the claim. The premium amount is very low. This policy is 5 years old.
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CHANDERJIT SINGH
, new delhi
Reviewed on Apr 06, 2015
