HDFC Life Critical Illness Plus Rider

No one can predict one’s future. In today’s fast-paced world, health is not given the due importance. Unhealthy lifestyle has made us less immune to illnesses. We are prone to various diseases than ever before. Illnesses strike when we least expect it and will have a negative effect on our financial situation. Apart from the physical and mental pain, one has to endure when diagnosed with a critical illness, financial burden also taunts them. In most of the cases, when a person is diagnosed with a critical illness, they are absent from work during recovery and in the worst case, they are forced to quit working. Lack of income is the last thing one wants to face when their medical bills are piling up. Therefore being financially prepared against these critical illnesses is very important. Getting a comprehensive health insurance for critical illness is the first step that every individual must take as a precaution. Remember, prevention is better than cure?

To help people stay financially independent even when they are diagnosed with a critical illness, HDFC has introduced a comprehensive health care plan. HDFC Life Critical Illness Plus Rider is a health insurance plan which is specially designed to protect the insured and their family financially. Under this plan, policyholders can procure a lump sum amount if they are diagnosed with any one of the 19 critical illnesses which are mentioned in the policy documents. This lump sum amount can be used to cover medical expenses associated with the illness.

Eligibility - Who can avail HDFC Life Critical Illness Plus Rider?

If you are planning on buying HDFC Life Critical Illness Plus Rider, please take a note of the eligibility criteria listed below:

Parameter	Eligibility
Minimum Entry Age	18 years
Maximum Entry Age	65 years
Minimum Maturity Age	28 years
Maximum Maturity Age	75 years
Minimum Policy Term	5 years
Maximum Policy Term	40 years

All ages mentioned are as per last birthday of the individual.

Sum Assured and Premium Range - What you get and what it costs?

Sum assured:

The minimum sum assured offered under HDFC Life Critical Illness Plus Rider is Rs.25,000. However, there is no maximum sum assured limit under this plan. The maximum sum assured offered will be subjected to the Board Approved Underwriting Policy. Currently, the maximum sum assured under this plan is equal to the Base Policy Sum assured.

Premium:

The insured person is required to pay regular premiums at specific intervals, chosen at the time of policy purchase. Please note that the premium payment frequency for HDFC Life Critical Illness Plus Rider will be same as frequency of the Base Policy.

Plan Coverage - What the HDFC Life Critical Illness Plus Rider covers?

HDFC Life Critical Illness Plus Rider provides the rider sum assured as a lump sum amount if the insured person survives for 30 days following diagnosis of anyone of the 19 critical illnesses listed below:

• Major Burns
• Cancer of specified severity
• Kidney Failure requiring regular dialysis
• Stroke
• Open Chest CABG
• Heart attack
• Apallic Syndrome
• Benign Brain Tumour
• Coma of specified severity
• End Stage Liver Disease
• End Stage Lung Disease
• Loss of Limbs
• Loss of Independent Existence
• Major Organ/ Bone Marrow Transplant
• Loss of Sight
• Major Head Trauma
• Permanent Paralysis of limbs
• Surgery of Aorta
• Open Heart Replacement or repair of heart valves

Lump sum Benefit	HDFC Life Critical Illness Plus Rider provides the rider sum assured as a lump sum amount if the insured person survives for 30 days following diagnosis of anyone of the 19 critical illnesses listed above. Please note that the rider will be terminated once the sum assured amount is paid in lump sum or on the completion of the policy term, whichever is earlier.
Death Benefit	Unfortunately, there is not Death Benefit payable under HDFC Life Critical Illness Plus Rider.
Maturity Benefit	There is no Maturity Benefit payable under HDFC Life Critical Illness Plus Rider. The rider will be terminated at the end of the policy term.
Surrender Benefit	There is no surrender Benefit available under HDFC Life Critical Illness Plus Rider.

Exclusions - What the HDFC Life Critical Illness Plus Rider doesn’t cover?

Some of the exclusions under the HDFC Life Critical Illness Plus Rider are as follows:

• Self-inflicted injury or attempted suicide, irrespective of the insured person’s mental condition.
• Taking part in any act of a criminal nature with criminal intent.
• HIV or AIDS
• Injuries caused by failure to seek medical or follow medical advice as recommended by the doctor.
• Radioactive contamination due to nuclear accident.
• Laser surgery.
• Coma resulting directly from alcohol or drug abuse
• stem-cell transplants
• Any type of angina pectoris
• Any injury or loss as a result of War, invasion, hostilities (whether war is declared or not), civil war, rebellion, revolution or taking part in a riot or civil commotion.
• Medical conditions like Cysts, Granulomas, Vascular malformations, Haematomas, Tumours of the pituitary gland or spinal cord, and Tumours of acoustic nerve (acoustic neuroma).

*Please refer to your policy document for a complete list of exclusions under the HDFC Life Critical Illness Plus rider.

Other Key Features – Freelook Period, Surrender Values, Grace Period etc.

Other key features of the HDFC Life Critical Illness Plus Rider are as follows:

Plans with which the HDFC Life Critical Illness Plus Rider can be purchased	Please note that the HDFC Life Critical Illness Plus Rider is available only with the below products: HDFC Life Click 2 Protect Plus (101N101V01) HDFC Life Sanchay (101N097V01) HDFC Life Classic Assure Plus (101N089V01) HDFC Life Sampoorn Samridhi Plus (101N102V01) HDFC Life YoungStar Udaan (101N099V01) HDFC Life Super Income (101N098V01) HDFC Life Sanchay (101N097V02)
Discontinuance of premium	If the life assured does not pay the due premiums before the grace period, the life cover will cease. Also, the lump sum assured amount will not be payable in this case.
Termination of Policy	The policy will terminate on fulfilment of either of the conditions mentioned below: Expiry of the revival period At the death of the life assured in an individual policy or the second death in a joint cover On the date of policy maturity Once the lump sum amount is paid after the insured person is diagnosed with one of the 19 critical illnesses
Free-look period	Policyholders will have an option to cancel the HDFC Life Critical Illness Plus Rider policy within 15 days from the date of receipt of the policy, stating the reasons thereof. For policies purchased through distance marketing models, the free look period will be 30 days.
Grace Period	The grace period applicable under the HDFC Life Critical Illness Plus Rider shall be same as the grace period applicable to the base policy. The rider can be revived only if the base policy is revived.
Revival of policy	The revival of the HDFC Life Critical Illness Plus Rider will be as per the revival conditions of the base policy to which this rider is attached. If the base policy is revived, this rider will be revived automatically.
Waiting period	There is a waiting period of 90 days from the date of risk commencement.
Nomination	Nomination for the HDFC Life Critical Illness Plus Rider will be as per the Nomination Schedule under the base policy. All nominations will be as per provisions of Section 39 of the Insurance Act,1938 and will be amended from time to time.

Tax Benefits – How you can save with the HDFC Life Critical Illness Plus Rider?

Please note that there are no Tax Benefits available under HDFC Life Critical Illness Plus Rider. Service Tax and Cess will be levied wherever applicable and the policyholder will be responsible for paying it. Taxes will be in addition to the premium amount and other charges payable by you. If there are any direct taxes, it will be deducted at the applicable rate from the payments made under the policy as per the provisions of the Income Tax Act, 1961. Tax rules may change from time to time and you are advised to seek the assistance of a tax consultant for the latest provisions.

Other Benefits – How you can save with the HDFC Life Critical Illness Plus Rider?

• HDFC has a dedicated customer care department who will answer all your queries about your policy via phone.
• HDFC also allows their customers to buy or revive their policies online which saves a lot of time.
• Policyholders can choose from a wide range of payment options while paying their premiums. Premium payments can be done using your credit card/debit card/eWallet/bill junction/net banking.

• The policyholder can also chat with HDFC customer care department online or get in touch with them through their SMS Support facility.
• Customers can also fill an online enquiry form using the HDFC website to arrange a callback from an insurance representative.

Why you should buy the HDFC Life Critical Illness Plus Rider from HDFC Life?

First things first, if you are looking for added protection against many critical illnesses, buying the HDFC Life Critical Illness Plus Rider will be a perfect choice. Why HDFC Life? Because HDFC Life is one of the leading health insurance providers in India. They offer a wide range of individual and group insurance plans at prices that won’t break the bank. Their portfolio includes term insurance plans, children’s plans, savings and investment policies, health insurance plans for women, and retirement plan. HDFC Life as a brand has gained excellent reputation in the last few decades. Established in the year 2000, HDFC Life has more than 398 offices and over 12,000 distributors across the country.

When it comes to choosing a health insurance provider, you will have to check their claim settlement ratio. HDFC Life has an excellent claim settlement ratio which means that your claims will be treated professionally. Also, health insurance plans offered by HDFC Life is affordable and not highly priced. HDFC Life also has ISO 27001 Information Security Management System which is certified by British Standards which means that your information is safe. For their unwavering dedication, excellent customer service, and innovation health insurance products, HDFC Life bagged E-Business Leader Award at the Indian Insurance Event in the year 2015. What are you waiting for? Get in touch with HDFC Life right away to find out the best health insurance plan for you and your family.