Comparison of Critical Illness Plans in India

You must have read about the basics of critical illness plans or insurance and why it makes sense to have it in your insurance portfolio. I did a small comparison of the policies then but, now following it up with a more recent one, visually. Here is the Comparison of Critical Illness Plans in India updated in 2020.

It must be noted that I have not covered each and every insurer in this but only some that I could find data for. This in no way implies that those that are missing from the list are to be ignored. Like any financial product or any product in the offing, investors needs to do due diligence and adequate research before buying the product. Use this guide only as a reckoner.

If you have any suggestions, kindly flag it off via comments and I will try by best to incorporate them.

Here is a Comparison of Critical Illness Plans in India as of today Year 2020

Comparison of Critical Illness Plans in India for various companies.

MAX BUPA

DISEASES COVERED: – (20)

• Cancer
• First Chest Coronary Artery
• BYPASS Surgery
• Open Heart Valve Replacement o0r Repair
• Coma
• Kidney Failure
• Stroke
• Major Organ Transplant
• Paralysis
• Motor Neurone Disease
• Multiple Sclerosis
• Aplastic anemia
• Bacterial Meningitis
• Loss of speech
• End stage Lung disease
• Deafness
• End stage liver disease
• Loss of speech
• Major Burns
• Fulfillment viral Hepatitis
• Muscular Dystrophy

 

Number of Illness Covered	Survival Period	Waiting Period	Sum Insured		Age in yrs
20	30 days	90 days	Min	Max	Min	Max
			5 lakhs	2 crore	18	65

 

RELIGARE ASSURE

DISEASES COVERED:- (20)

• Cancer
• End stage Renal failure
• Multiple Sclerosis
• Benign Brain Tumor
• Motor Neuron Disorder
• End Stage Lung Disease
• Major Organ Transplant
• Heart Valve Replacement
• Coronary Artery Bypass Graft
• Paralysis
• Stroke
• Myocardial Infarction
• Major Burns
• Coma
• Blindness
• Parkinson’s disease before the age of 50 yrs
• Alzheimer’s disease before the age of 50 yrs
• End stage liver disease
• Bacterial Meningitis
• Aplastic Anemia

 

Number of Illness covered	Survival Period	Waiting Period	Sum Insured		Age in yrs
20	Nil	90 days	Min	Max	Min	Max
			3 lakhs	1 crore	18	65

 

ICICI PRUDENTIAL

DISEASES COVERED:- (34)

• Cancer of specified severity
• Angioplasty
• Heart Attack
• Heart Valve Surgery
• Surgery to Aorta
• Cardiomyopathy
• Primary Pulmonary Hypertension
• CABG
• Blindness
• Chronic Lung Disease
• Chronic Liver disease
• Major Organ/ Bone marrow transplant
• Apallic Syndrome
• Benign Brain Tumor
• Brain Surgery
• Coma
• Major Head Trauma
• Permanent Paralysis of limbs
• Stroke resulting in permanent symptoms
• Multiple sclerosis with persisting symptoms
• Muscular Dystrophy
• Poliomyelitis
• Loss of limbs
• Loss of speech
• Medullary Cystic Disease
• Systematic Lupus Eryth with renal involvement
• Major Burns
• Aplastic anemia
• Kidney Failure
• Motor neuron disease with permanent symptoms
• Parkinson disease
• Alzheimer’s Syndrome
• Motor Neurone disease with permanent symptoms

 

Number of Illness covered	Survival Period	Waiting Period	Sum Insured		Age in yrs
34		90 days		25 lakhs	18	50

 

STAR CRITICARE

DISEASES COVERED: – (09)

• First diagnosis of cancer
• Chronic Kidney Disease
• Brain tumor undergoing for the first time
• Occurrence for the first time Cerebra-vascular stroke causing Hemiplegia
• Acute Myocardial Infarction
• Irreversible coma – Established
• Established irreversible paraplegia
• Established irreversible Quadriplegia
• Major organ transplant.

Number of Illness Covered	Survival Period	Waiting Period	Sum Insured		Age in yrs
09	Nil	90- days	Min	Max	Min	Max
			2 lakhs	10 lakhs	18	65

 

BAJAJ ALLIANZ CRITICAL ILLNESS

.DISEASE COVERED:- (09)

• First Heart Attack ( Myocardial Infarction)
• Open Chest CABG ( coronary Artery Disease required Surgery)
• Stroke resulting in permanent symptoms
• Cancer of specified severity
• Kidney Failure requiring regular dialysis
• Major Organ transplant
• Multiple sclerosis with persisting symptoms
• Aorta Surgery
• Primary pulmonary arterial hypertension

Number of Illness covered	Survival      Period	Waiting Period	Sum Insured		Age in yrs
09	30 days	90 days	Min	Max	Min	Max
			1 lakh	50 lakhs	6 yrs	59 yrs

 

TATA AIG CRITICARE

DISEASES COVERED:- (11)

• First Heart Attack
• Cancer
• Total Blindness
• Stroke
• Coronary Artery Surgery
• Kidney Failure
• Major Burns
• Multiple Sclerosis
• Paralysis
• Major Organ Transplant
• Coma

Number of illness covered	Survival Period	Waiting   Period	Sum Insured		Age in yrs
11	30 days	24   months	Min	Max	Min	Max
			2.5 Lakhs	15 lakhs	18	60

 

APOLLO MUNICH HEALTH INSURANCE OPTIMA VITAL

DISEASES COVERED: (37)

• Cancer of specified severity
• Kidney Failure
• Coma
• Major Burns
• Brain Surgery
• Blindness
• Apallic Syndrome
• Good Pasture’s Syndrome
• Open `qaHeart replacement
• Systemic Lupus Erythemosis
• Aplastic Anaemia
• Bacterial Meningitis
• Multiple System Atrophy
• Progressive Scleroderma
• Open Chest CABG
• Major organ /Bone marrow Transplant
• Aorta Graft Surgery
• Open Heart Replacement or Repair of Heart Valve
• Pneumonectomy
• Artery Graft Surgery
• Primary Parkinson’s Disease
• Alzheimer’ Disease
• Motor Neuron Disease with permanent symptoms
• Stroke resulting in permanent symptoms
• Deafness
• Total loss of speech
• Major Head Trauma
• Permanent paralysis of limbs
• Primary pulmonary Arterial Hypertension
• Benign Brain Tumor resulti9ng ion permanent neurological symptoms
• End stage lung disease
• Progressive Supranuclear Palsy
• Creutzfeldt Jakob disease (CJD)

Number of Illness covered	Survival Period	Waiting Period	Sum Insured		Age in years
37	30-90 days	Initial waiting Period is 90 days	Min	Max	Min	Max
			1 lakhs	50 lakhs	18	65

Hope this covers all your doubts while making a Comparison of Critical Illness Plans in India. Send me your questions using the email or comments section below.