Bharti AXA Insurance Critical Illness Plan VS Pre-Existing Disease Coverage 10 May 2018 Critical Illness Plan vs Disease- Specific Cover — which one to go for? Health insurance is a must in today’s world. One realizes the benefits of a health cover, especially during medical emergencies. Once you have a health insurance policy, you can rely on it for monetary support against expenses incurred due to medical treatment. The biggest advantage of an insurance policy is that it prevents you from facing a financial situation. Consider how expensive hospitalization expenses are in today’s time. The rising cost of medical procedures has made it necessary for individuals to purchase a health insurance policy. Health insurance comes in various forms. You have policies which cover basic expenses such as a regular check-up or medical tests. There are policies which provide reimbursement for emergencies or the ones that cover the expense of costly medical procedures. Here we discuss two such options: Critical Illness plan and Disease-Specific cover Critical Illness Plan Our ever changing lifestyle and stressful work conditions have elevated the risk of contracting serious illnesses. It is possible that you may be susceptible to life-threatening diseases more than others. Such conditions require extensive medical treatment and procedures that may put a dent in your finances. Also, the recovery period may be long enough to stop you from resuming work. Critical illness (CI) plans are designed to rescue you from a difficult situation like so. CI plans cover the entire amount to be spent on expensive medical procedures. It provides individuals with a lump sum benefit equal to the sum insured. This is especially beneficial in the case of a debilitating condition. CI plans can protect you against expenses on procedures of heart surgeries, attack, stroke, organ transplant and cancer. The main purpose of this plan is to replace lost income and allow individuals to recover without affecting their financial stability. Disease-Specific Cover Besides the basic cover, a good idea is to choose additional protection in the form of niche policies. Policies like disease-specific cover offer reimbursement against the treatment of diseases like hypertension, diabetes, dengue and more. An important benefit of this policy is that it is applicable to a pre-mentioned disease detected at any stage. Unlike any critical illness plan, a disease-specific plan provides monetary support even during the early stages of a medical condition. You can opt for this plan and specify the illnesses to be covered against. For instance, if you have a genetic condition that makes you prone to diabetes, you can explain your situation at the time of purchasing the policy and get coverage for the same. As the treatment spans over many years and individuals require life-long care, the disease-specific cover is immensely beneficial in such circumstances. You can compare several types of health insurance policies online. Select a cover which suits your circumstances. With digital transactions becoming more prevalent, you can now buy these policies from online vendors. Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.