Tata AIG Critical Illness Health Insurance

The major attractions of the policy include the following –

• The policy covers 11 critical illnesses which include stroke, cancer, first heart attack, open chest CABG, total blindness, kidney failure which requires regular dialysis, bone marrow transplant or transplant of a major organ, permanent paralysis of limbs, major burns, coma and multiple sclerosis
• Free second opinion is also available if the insured is diagnosed with any of the covered critical illnesses
• No pre-entrance medical examination is required to buy this policy
• The policy entails the survival period of 30 days or more from the date of diagnosis
• All the payout under the policy are on Benefits basis
• No cost sharing is applicable under the plan
• There is no additional loading on the policy premium at the time of renewal based on claims experience 

Besides offering good coverage for common critical illnesses, the policy also allows the following benefits –

• The policy has no maximum cover ceasing age. You can renew the plan lifelong
• A grace period of 30 days is provided for renewing the policy
• The premium that is paid for the plan would be allowed as a deduction from taxable income under Section 80D of the Income Tax Act

TATA AIG’s Critical Illness policy provides coverage against some of the most commonly occurring critical illnesses. It is, therefore, a good plan which can be bought for a sum insured level which best suits your coverage requirements.

You can buy the plan online as the online medium would help you to compare other critical illness policies and then buy a policy which has the best coverage benefits. InsuranceDekho is an online website which gives you the platform to compare and buy the best policy for your needs.

The policy’s coverage tenure is 1 year after which the policyholder is required to renew the policy for continuous coverage benefits.

The policy can be bought for individuals who are aged 18 years or more. The maximum entry age, however, is restricted to 65 years.

Yes, the plan can be renewed lifelong without any maximum coverage age.

No, once a claim has been paid under the policy, the coverage would terminate. No further claims would be provided even if the insured suffers from another covered illness or undergoes another covered surgery.