Star Critical Illness Multipay Insurance Policy

Star Critical Illness Multipay Insurance Policy (UIN: SHAHLIP22140V012122)

Financial confidence is highly crucial while you are fighting back a critical illness. Star Critical Illness Multipay Insurance Policy provides lump-sum benefit on diagnosis of 37 major Critical illnesses related to Cancer, Heart, Brain & Nervous System and Major Organ & Other Conditions as listed in the 4 group categories.

Is it necessary to get health insurance with critical illness coverage?

Buying a critical illness insurance policy is crucial to safeguard your financial well-being against life-threatening diseases. A critical illness policy provides a lump-sum payout to cover medical expenses, replace lost income, and maintain daily living expenses. This financial safety net ensures timely treatment, reduces stress, and protects your loved ones' quality of life.  

Significance of Star Critical Illness Multipay Insurance Policy

Keeping this in mind, Star Health offers the best critical illness policy known as the Star Critical Illness Multipay Insurance Policy, that comes with an enormous range of benefits. Individuals aged between 18 and 65 can avail this policy with the Sum Insured options ranging from Rs. 5 lakhs to Rs. 25 lakhs.

The maximum Sum Insured option which an individual can avail is calculated based on his/her yearly income. 

The 4 group categories that cover the diagnosis of 37 critical illnesses include:

• Cancer Cover
• Heart Cover
• Brain & Nervous System Cover, and 
• Major Organ & Other Conditions

Star Health provides end to end support with captivating wellness activities and discounts in the premium of up to 10% during renewals and encourages it’s customers to choose a healthy lifestyle.

Special conditions of Star Critical Illness Multipay Insurance Policy
Some of the special conditions of this plan includes:

• The first diagnosis of the covered major disease / condition should have been experienced by the insured only after 90 days of commencement of cover under the policy
• The insured person should have survived up to 15 days from the date of diagnosis of such major disease
• Only one claim is admissible under each group. So an Individual can benefit up to 400% of the chosen basic Sum Insured as a lump-sum under this plan
• Waiting period of 12 - months shall apply between the occurrence of each condition
• The Policy is eligible for renewal till at least one category is left where no claim has been made
• Maximum One Claim only is payable in a Policy Year
• Online discount also available 5% for first purchase

Considering the rising healthcare costs and increasing incidence of critical illnesses, investing in the Star Critical Illness Multipay Insurance Policy is a prudent decision to secure your financial future.