ICICI Cancer Care Plus goes a step ahead and gives the policyholder complete coverage against cancer. It provides a wellness program to the policyholder. The wellness package lets you take specific tests absolutely free. The tests are conducted once in 2 years beginning from the second year of the policy. This screening package also helps the policyholder to diagnose the chances of cancer at an early stage. This helps in early treatment increasing the chances of survival. The tests will be carried out by the company's appointed medical centres. These scheduled screening tests lets you keep a track of your health and helps you to safeguard your savings as well as your health.
To be eligible for the ICICI Cancer Care Plus, one must meet the undermentioned criteria:
|Minimum age at entry||A minimum age of 20 years|
|Maximum age at entry||A maximum age of 60 years|
|Minimum policy term||10 years|
|Maximum policy term||Up to 70 years|
|Claim at an early stage of cancer||Claim at an advanced stage of cancer|
|Early diagnosis of cancer||Rs.1 lakh (10% of the units)||NA|
|Oncological treatment benefit for early cancer||Rs.1 lakh (10% of the units)||NA|
|Diagnosis of cancer at an advanced stage||Rs.5.5 lakhs (55% of the units)||Rs.6.5 lakhs (65% of the units)|
|Oncological treatment benefit for advanced cancer||Rs.1 lakh (10% of the units)||Rs.1.5 lakhs (15% of the units)|
|Surgery for advanced stage of cancer||Rs.1.5 lakhs (15% of the units)||Rs.2 lakhs (20% of the units)|
|Total cover||Rs.10 lakhs (100% of the units)||Rs.10 lakhs (100% of the units)|
|Age||Payable premium till 65 years||Premium payable till 70 years|
|25||Rs.4,604 p.a.||Rs.5,290 p.a.|
|30||Rs.4,859 p.a.||Rs.5,633 p.a.|
|35||Rs.5,407 p.a.||Rs.6,329 p.a.|
|40||Rs.6,299 p.a.||Rs.7,328 p.a.|
|45||Rs.7,877 p.a.||Rs.8,945 p.a.|
Following is the premium that a male policyholder needs to pay to buy 10 units
|Age||Premium till 65 years||Premium till 70 years|
|25||Rs.8,602 p.a.||Rs.9,367 p.a.|
|30||Rs.9,396 p.a.||Rs.10,200 p.a.|
|35||Rs.10,788 p.a.||Rs.11,670 p.a.|
|40||Rs.12,708 p.a.||Rs.13,434 p.a.|
|45||Rs.14,374 p.a.||Rs.14,845 p.a.|
All the benefits listed under the cancer care plus policy would be paid once the policyholder submits proof of the treatment or the surgery. There is a waiting period to claim benefits under the cancer care plus policy. The benefits under early stage of cancer are available only after 12 months from the commencement of risk date. The benefits listed under advanced cancer will be available only post 6 months from the commencement of risk.
No benefits under the ICICI Cancer Care Plus if the claim or the incident suffered by the policyholder is indirectly or directly caused due to any of the following:
The table below highlights the additional features of ICICI Cancer Care Plus plan.
|Free look period||The company offers you a free look period during which you can cancel the policy contract. The free look period is 15 days. For policies bought through distance marketing mode, the free look period is 30 days.|
|Surrender value||If the premium payment term of your policy is 10 years and above, the policy will acquire surrender value after payment of three full years of payment. But if your premium payment term is less than 10 years, then your policy acquires surrender value after payment of two full years of premiums.|
|Policy revival||Your policy will be revived if the application for revival is made within 2 years from the date of first unpaid premium and before termination of the policy contract. The revival of your policy is subject to underwriting terms. While reviving a policy, you will be required to pay the arrears along with interests applicable on the same.|
Policyholders are eligible for tax benefits as per the prevailing tax laws of India and these are subject to changes from time to time. Therefore, it is advisable that you seek tax consultation before investing in the policy.
Some of the additional benefits that ICICI Prudential offers to prospective buyers are as follows:
Cancer Care Plus from ICICI Prudential Life is a first-rate critical illness plan which offers a wide range of features and benefits including a wellness package. With a multitude of options for its policyholder, the insurance company has earned a reputation of being exceptionally efficient. The company operates on its five core principles – Passion, Customer focus, Integrity, Humility, and Boundless Operations, which makes it one of the most reliable insurers in the country.