Cancer Insurance Protect Plan
Cancer Insurance Protect Plan

Cancer Insurance Protect Plan In India

Any medical illness can threaten the foundation of a happy family. Cancers rank high among the deadliest of diseases that not only drains you mentally but also financially. It seems that this disease is all-time high throughout the world owing to many causes, which is why several Health Insurance introduced Specialized Cancer Insurance Plans to lessen the burdens of their clients.

Although insurance companies offer Critical Illness plans, many only cover advanced stages of cancer, which is not the ideal solution when there are so many costs to bear right from diagnosis. Described below are the best Cancer Insurance Plans that are available:

Types of Cancer Covered by Cancer Insurance Plans (at early and advanced stages):

lung cancer
Breast cancer
Ovarian cancer
Stomach cancer
Hypopharynx cancer
Prostate cancer

HDFC Life Cancer Care

HDFC Life Cancer Care offers lump sum benefit on diagnosis of Cancer that helps to protect your income and savings from expenses that aren’t covered by your major medical coverage, like Out of pocket medical expenses, Out of Network specialist, Experimental Cancer Treatment, Travel & Lodging etc. when treatment is far and so on.

-HDFC Life Cancer Care offers lump sum benefit on detection of Early and Major cancer.

-3 plan options to choose from – Silver, Gold and Platinum

-Regular income for 5 years only under Platinum option

-Waiver of Premium Benefit in case of diagnosis of Early Stage Cancer

-Simplified issuance process without medicals

-Avail tax benefits under section 80D of the Income Tax Act 1961

-Tax benefits are subject to change as per tax laws


Also Read: HDFC Cancer Care Insurance


List of top cancer care health insurance plans

Max Life Cancer Insurance Plan:

Our lifestyle and stress-related issues make us prone to many critical diseases, sometimes even at an early age. Cancer is one such disease which has increasingly become an epidemic. More often than not, the cost of cancer treatment is very expensive and can become a huge financial burden on the family causing a big dent in our savings pool.

Max Life Cancer Insurance plan provides comprehensive protection against all stages of Cancer. If detected at an early stage, 20% of the cover paid upfront and all future premiums are waived. If detected at a major stage, a full cover amount is paid with an additional 10% as income for the next 5 years. The plan offers cover till age 75 years.

FUTURE GENERALI CANCER PROTECT PLAN

Getting diagnosed with Cancer is really heartbreaking, and because of our lifestyle and surroundings, the risk of getting Cancer is at an all-time high. Cancer cases in India are skyrocketing and nobody is safe. The most demoralizing part of Cancer is that it not only affects your health but also puts a major burden on your financial status. However, the financial burden that you face can be eased with the help of Cancer insurance. A cancer insurance policy by Future Generali will help you stay financially and psychologically secure in case you or a family member of yours is diagnosed with Cancer.

BENEFITS

Free Look Period: In case you disagree with any of the terms and conditions of the policy, you can return the policy to the company within 15 days (30 days if a policy is sold through direct marketing mode) of its receipt for cancellation, stating your objections. Future Generali will refund the policy premium after the deduction of stamp duty charges, medical expenses, if any and proportional risk premium for a period of cover, if any.
Surrender Value: There is no surrender value applicable under regular pay option.

The policy acquires a Surrender Value immediately after payment of a single premium. The policyholder may terminate the policy anytime by surrendering the policy for a surrender value.

Bharti AXA Health Insurance for Cancer

Normally, in a human body, human cells grow and divide to form new cells. If the cells get damaged or grow old, they die and are replaced by new cells. Cancer develops when there is a break-down in this order. In such cases, cells become prominently abnormal and old/damaged cells tend to survive instead of dying. Along with this, new cells are formed when they shouldn’t. These extra cells continue dividing without stopping and may form growths called tumors. Cancer tumors are nasty and dangerous as they can spread into nearby tissue. When tumors grow, some cancer cells break off and tend to travel to other body parts through the blood and form new tumors. This way, they spread dangerously. There are different types of cancer like lung, breast, lymphoma, brain, leukemia, ovarian, etc. Cancer can be prevented in its initial stages to stage three. Once stage four is reached, the chances are minimal. Cancer often comes unannounced which makes it necessary to be prepared in advance. Be sure to insure with Bharti AXA’s health insurance plans to live a secure life.

Aditya Birla Capital Cancer Protect Plan

Life shouldn’t stop for Cancer. Neither should your family’s financial security. 

The word cancer can strike fear into anybody’s mind. Simply because this life-threatening disease not only adversely impacts the body but also puts one’s financial health under tremendous strain. With rapidly changing lifestyles, the risk of cancer is growing at an alarming rate in India. And the best way to fight cancer is to prepare for it. Like all the uncertainties in life now you can plan for cancer at every stage with Aditya Birla Sun Life Cancer Shield Plan. It’s a promise that we will always be by your side.

Key Benefits

  • Covers all stages of Cancer i.e. Early Stage of Cancer and Major Stage of Cancer.
  • Option to choose the level or increasing cover
  • Option to receive monthly income for 5 policy years on a diagnosis of Major Stage of Cancer.
  • Waiver of premium for 5 years on a diagnosis of Early Stage of Cancer
  • Tax Benefits as per Section 80D of the Income Tax Act, 1961 as per current tax laws.

Shriram Life – Comprehensive Cancer Care Plan

Shriram Life Comprehensive Cancer Care Plan (UIN: 128N070V01) is a non-linked insurance plan. As one of the best cancer insurance plans in India, it provides benefits on diagnosis and during its treatment in both initial and critical stages. Cancer can take a toll on the patient and his/her family members physically, emotionally and financially. This plan helps minimize the financial burden and allows caregivers to focus on the patient.

Plan options

  1. Lump sum payment
  2. Lump sum payment with monthly income

Premium

  1. Minimum Rs. 500/- (In all cases)
  2. Waiver for 3 years (or less)

Payouts

  1. 25% of the sum assured in the initial stage
  2. 100% of the sum assured in the critical stage

Tax benefits

  • On premium paid
  • under Income Tax laws

Aviva Cancer Essential

With 1 in 2 people born after 1960 in the UK at risk of being diagnosed with cancer during their lifetime, have you thought about how you and your family would cope financially and emotionally if it happened to you?

Cancer Essentials is our new health insurance product, designed to provide you with essential support should you be diagnosed with cancer.

What’s covered?

  • A one-off payment of £5,000 if you are diagnosed with cancer
  • Up to £100,000 for drugs recommended by an NHS specialist if they aren’t approved by the NHS on financial grounds.
  • Access to RedArc – you and your family will be provided with emotional support and practical advice from a team of personal nurse advisors, who’ll be on hand to provide support during your diagnosis and treatment.

Low premiums

Cancer Essentials can only be purchased online, which means we don’t pay for expensive call centers. Plus, by just focusing on the cover we think will help support you and your family if you are diagnosed with cancer. It all helps to keep your premiums down.

So why not get a quote today and see just how affordable Cancer Essentials cover could be?

Is Cancer Essentials cover available to everyone?

Cancer Essentials is available to adults aged between 18 and 70.

The product is not available to those who have already been diagnosed with cancer or are waiting for the result of tests or have been placed on or advised to join a screening or review program because they’re considered to be at a higher risk of developing cancer.

We will cover all types of cancer diagnosis except non-melanoma skin cancer (unless it has spread to lymph nodes or organs) and prostate cancer (unless active treatment is recommended by the NHS).

Cancer is a critical illness which can occur at any point in time to any person.

It is important to stay insured against such risks by investing in a health insurance policy for cancer.

There are a few health insurance companies providing cancer health insurance which include HDFC Life, Aditya Birla Capital – Health Insurance, Max Life Insurance, Star Health, etc

. You can also compare all these policies to select the best one for you.

The best policy will be the one which provides you maximum benefits at an affordable premium.

With the rising cancer-related costs, your cancer health insurance policy will help you pay those medical bills with ease without burning a hole in your pocket.

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