Apollo Munich is one of the leading standalone health insurance companies in India. The company is renowned for its range of health insurance policies that protect policyholders from unforeseen medical expenses. One of the latest additions to the company’s product line is the iCan Cancer Insurance Policy, which is a cancer-specific policy offered at an affordable price. This policy comes with flexible options to ensure that people with different needs are satisfied. Considering the huge costs of cancer treatment, this is one of the must-have policies that could provide much-needed financial security to you and your family.
Individuals must meet the following eligibility criteria in order to apply for Apollo Munich iCan Cancer Insurance Policy:
Some of the notable features of Apollo Munich iCan Cancer Insurance Policy are listed as follows:
The benefits offered by Apollo Munich iCan Cancer Insurance Policy are given in the following table:
|Benefits||Extent of Coverage|
In-patient hospitalisation expenses, outpatient expenses, day care treatment expenses for:
1. Conventional treatments
||Up to the sum assured amount|
|CritiCare benefit (only for iCan Enhanced)||Lump sum payment of 60% of the sum assured amount upon diagnosis of cancer of specified severity (Sum assured for hospitalisation treatment stays intact)|
|FamilyCare benefit||Lump sum payment of 100% of the sum assured amount upon diagnosis of stage IV cancer or recurring cancer|
|Emergency ambulance cover||Actual expenses up to Rs.2,000 per hospitalisation|
|Medical second opinion||Available through the insurer’s panel of medical practitioners|
The company is not liable to provide compensation for any of the following exclusions:
The claim procedure under Apollo Munich iCan Cancer Insurance Policy is quite simple. The company offers cashless treatment through its 4,500+ network hospitals located in different parts of the country. The claim procedure begins with intimation to the company following hospitalisation. In the case of an event that may give rise to a claim, the company must be intimated before 48 hours of planned hospitalisation and within 24 hours of emergency hospitalisation. The company must be intimated about the claim within 14 days of cancer diagnosis or death of the policyholder due to cancer.
The company may require the following list of documents to support the claim:
Once these documents are submitted, the company will evaluate the validity of the claim. The insured person may also have to undergo medical tests from a medical practitioner authorised by the company. The company will communicate its acceptance or rejection within 30 days from the submission of the last necessary document. In the case of rejection, the reason for rejection will be provided by the company. The settlement amount will be provided within 45 days from the date of submission of the last necessary document.
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