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Importance of Critical Illness Insurance

Why Critical Illness insurance is important?

1. Larger Coverage: One of the reasons that make critical illness insurance essential is the large cover it offers. It covers major critical illnesses with different range of severity.

2. Lumpsum Benefit: Critical illness insurance offers lump sum amount, which adds to its importance in managing healthcare expenses. The lump sum is paid irrespective of the hospitalisation bills. This amount can be utilised for post-hospitalisation medication, transport, accommodation, at home treatment and other related expenses.

3. Increase In Chances Of Survival: Critical illness insurance plans play an important role in combating critical diseases. Most individuals afflicted by a critical illness are unable to undergo treatment due to lack of funds. With critical illness insurance plans, patients can get the right treatment, which in turn can enhance their chances of survival."

Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.

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