What are the conditions to get a critical illness insurance cover?
Rohit Menon, Bengaluru
Critical illness policy is available for the specific critical illnesses named under the policy. Such policies invariably include diseases like coronary artery surgery, cancer, stroke, renal failure, among others. Normally, such a cover is granted to the proposer whose income falls under the taxable level, which needs to be submitted with proof or income or by way of income tax returns. Moreover, the pre-existing disease exclusion condition applies to this policy and no claims are allowed within 90 days of taking the policy.
