Health Insurance Plan or Cancer Plan – Which one to Choose?

A healthy life is all about a healthy body with a stress-free mind. But nowadays polluted the environment, stress, absence of hygiene, poor lifestyle, lack of balanced diet, etc. have adversely affected our lives. With the rise of health problems and expensive healthcare services, effective and timely treatment has become impossible. The last few years have seen many people living an unhealthy life.

What will you do to get proper and timely treatment, if diagnosed with cancer? Will you arrange sufficient funds for the expensive medical treatment?

To avoid such situations, it is safe rather than late to invest in health insurance that offers cancer benefits or select a cancer-specific plan.

What are the benefits of health insurance with cancer cover?

Cancer requires expensive treatment and the absence of any health insurance policy makes the matter worst. Due to a lack of awareness, people remain ignorant of the benefits provided by the health insurance policy. Several health insurance plans offer coverage against cancer. Curing cancer is an expensive affair that keeps on rising every year.  Therefore,  while buying any health insurance plan that covers cancer, it is important to keep in mind certain factors such as cost of the plan, premium, co-pay amount, deductibles, etc.  To decide which plan is suitable for your requirements, use and effective insurance web aggregator website to get a free quotation against the health insurance plan.

What are the kinds of cancer covered by the Cancer Insurance Plan?

Cancer Insurance Plan covers the following types of cancer:

• Stomach cancer
• Breast cancer
• Lung cancer
• Ovarian cancer
• Prostate cancer
• Hypopharynx cancer

What are the features and benefits provided by cancer insurance plans?

1. Cancer insurance policies offer coverage against all the four stages of cancer.
2. During the term of the policy, the patient receives a lump sum amount on diagnoses of cancer.
3. The policyholder can request a waiver of premium on the diagnosis of cancer at an early stage.
4.  In the absence of filing any claim throughout the policy year by the policyholder, the sum assured rises at a fixed percentage.
5. Premium discounts are available to policyholders if they have insurance coverage exceeding a pre-determined amount.
6. Monthly income benefits are granted up to a particular period on the fulfillment of certain conditions on the diagnosis of later stages of cancer.
7. Even after the diagnosis of an early stage of cancer, the policyholder will get the benefit from insurance cover.
8. Tax benefits under Section 80D of the Income Tax Act are available against cancer insurance plans

Conclusion

Health is wealth, and it is extremely important to maintain a healthy life. Buy the best cancer insurance plan from PTIC India that covers critical illness plans, besides providing benefits offered by a regular health insurance plan. A cancer insurance plan is helpful to cover medical exigencies and expensive treatment costs.