Bharti AXA General Insurance has launched the Smarthealth Critical Illness policy.
Features:
· It promises to cover income loss or wealth depletion due to critical illness.
· The cover gives one the freedom to opt for an upfront payment towards cost of treatment to the extent of 5 lakh on the diagnosis of the illness. This is irrespective of the treatment or hospitalization costs.
· An individual plan for 26-35 years can cost 658-1,644 for a cover ranging from 2-5 lakh.
· In the case of a family floater option for the same age group, the premium is 1,464-3,650 for the same insurance cover.
Smarthealth Critical Illness covers 20 ailments, including those of heart, lung, liver and terminal illness.