Crtitical Illness insurance
Critical Illness Insurance Plans provides coverage against specific life-threatening diseases. Treating such critical illnesses may require multiple visits to the hospital over a long period. In addition to the hospitalisation cost, there will be other costs like doctor visits, medical expenses, etc. A Critical Illness plan pays a lump-sum amount that can be used to cover these high expenses .The good thing is that this lump-sum payout is in addition to any of your mediclaim or health insurance policy.
Disability insurance is a type of insurance product that provides income in the event that a policyholder is prevented from working and earning an income due to a disability.
Life insurance is a contract between an insurer and a policyholder. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured policyholder dies, in exchange for the premiums paid by the policyholder during their lifetime
The Life Insurance Replacement Declaration (LIRD) allows consumers to better consider the merits of replacing an existing life insurance policy, as the form sets out a number of important questions that the consumer may wish to consider when making their decision.
- Life insurance
- Critical Illness Insurance
- Disability insurance