2. Covers critical illness
Wednesday, January 3, 2018, 3:32 PM
You can avail critical illness insurance either as a standalone plan or as a rider. Critical illness plan covers life-threatening diseases. Insurers cover more than 20 diseases under the critical illness plan. Some of these are cancer, coronary artery bypass surgery, heart attack, stroke and kidney failure. The insured will be entitled to get the lump sum amount on diagnosis of any of the critical illness from the predetermined list.