Finance

What is the coverage offered under Critical Illness Insurance for Women?

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Women are the caregiver and nurturer of any family. Said that, they undertake numerous household responsibilities during the day along with pressing work commitments. Far often, it becomes challenging to manage work commitments along with household responsibilities. Between these responsibilities, a woman often succumbs to health problems.

Availing online health insurance policy can help you take the necessary precautions and provide timely treatment to your family. According to research by the National Institute of Cancer Prevention and Research, cervical cancer kills one woman every 8 minutes in India. Also, cancer is one of the leading causes of death among women. Despite such gruesome statistics, not all women have a health insurancecover. For this reason, insurance companies have introduced critical illness covers for women. 

What are the illnesses covered under critical insurance for women?

The female human body is biologically different from its male counterpart. Hence, there are specific illnesses that women are susceptible to. They are as follows – 

  • Breast Cancer
  • Fallopian Tube Cancer
  • Vaginal Cancer
  • Uterine/Cervical Cancer
  • Ovarian Cancer
  • Multi-trauma,
  • Permanent paralysis of limbs.
  • Burns.

Excessive stress, bad eating habits, irregular schedules and inappropriate lifestyle has increased the risk of more and more women contracting these ailments. To insure the health of women, it is crucial that those at risk should purchase a critical illness policy. These critical illness policies can be a safety net that aids financially, as well as mentally.

What is the coverage of critical illness insurance plans for women?

Let us look at the coverage of critical illness plans specifically designed for women – 

Critical illness insurance: Being a critical illness policy for women, the plan covers the treatment of life-threatening diseases that are prevalent and specific to females. They include cancers of the breast, vagina, fallopian tubes, ovaries and even cervical cancer. It also includes treatment for burns and multi-trauma. Permanent paralysis of limbs is further included under such critical illness plans. These critical illness policies pay the entire sum assured on the diagnosis of the disease and not based on the actual expense incurred. 

Congenital disability benefits: These critical illness plans provide half of the total sum assured as financial assistance in case the insured female gives birth to a child with congenital disorder. This benefit is only available for the first two children. It covers the following congenital diseases – Down’s syndrome, Congenital cyanotic heart disease, Cleft Palate with or without cleft, Tracheoesophageal fistula, and Spina bifida. 

Education bonus for children: If the claim under critical illness policy is paid, an amount of ₹25,000 is paid to fund the education of the dependent children (if any). At the same time, you must note that this amount is capped irrespective of the number of children. 

Loss of employment:On diagnosis of the ailment, if the insured woman loses her job, compensation is provided by the policyholder. This amount of compensation is limited to ₹25,000. 

To conclude, insurance planning is crucial and must not be ignored. You can use a critical illness policy along with other plans that provide cashless health insurance benefits. It will ensure comprehensive coverage for your treatments. Stay healthy and get insured!

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