Reliance General Critical Illness Insurance Policy

• Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
• Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
• Do more with plans that offer pure protection, retirement planning and investment options

Reliance General Critical Illness Insurance is a standalone plan suited for emergency needs and it is applicable only for certain pre-specified health conditions. It relieves you from the burden of managing your finances when critical illnesses block the smooth flow of your life. The policy can be bought online through various channels such as Paytm, Net Banking, Debit Card/Credit Card, etc.

Eligibility– Who is the Reliance General Critical Illness Insurance Policy for?

You should meet the below mentioned eligibility conditions to purchase the Reliance General Critical Illness Insurance plan:

Sum Assured and Premium Range – What you get and how much it costs?

Refer to the below table for premium amount, policy term, and sum assured for Reliance General Critical Illness Insurance:

Plan Coverage - What the Reliance General Critical Illness Insurance Policy covers?

Reliance General Critical Illness Insurance policy pays out lump sum benefits on diagnosis of the following critical illnesses:

Category I

The payment of claims under Category I is subject to the condition that the policyholder survives more than 30 days from diagnosis of any of the below mentioned critical conditions:

• Cancer (of a specified severity)
• Major organ transplant
• Bone marrow transplant
• Multiple Sclerosis with persisting symptoms
• Burns of third degree nature
• Aorta graft surgery

Category II

The payment of claims under Category I is subject to the condition that the policyholder survives more than 30 days from diagnosis of any of the below mentioned critical conditions:

• Open heart surgery
• Coma (of specified severity)
• Permanent paralysis of limbs
• Complete blindness
• Kidney failure requiring regular dialysis

Exclusions - What the Reliance General Critical Illness Insurance Policy does not include?

• All pre existing diseases and injuries when the policy cover incepts for the first time.
• Critical illnesses contracted within 3 months from the date of commencement of policy (the exclusion is not applicable during renewals).
• Diseases which are not certified by a registered medical practitioner
• Diseases arising out of congenital disorders (whether internal or external)
• Critical illnesses that can be attributed to alcohol or drug abuse
• Sex change surgery, cosmetic surgery, and/or treatments for complications arising due to the aforementioned surgeries
• Critical illnesses due to HIV or AIDS
• Critical illnesses arising due to self-harm or attempted suicide
• Critical illnesses contracted due to war or warlike activities

Other Key Features of Reliance General Critical Illness Insurance Policy:

Given below are some of the additional features of Reliance General Critical Illness Plan:

Renewal reward: Offers a no-claim discount of 5% for every claim-free year for policies and 10% no-claim discount on a cumulative basis for every 3 claim free years, subject to a maximum of 50%. The policy has to be renewed without a break to avail the no-claim benefits.

RCare: Reliance General Insurance has set up an efficient claim settlement mechanism known as RCare which aims to process the claims as smooth as possible.

Continuity benefits: Continuity benefits shall be available to policyholders if the policy is renewed within 30 days from the policy end date.

Tax Benefits – How you can save with the Reliance General Critical Illness Insurance Policy?

Policyholders can get tax benefits on premiums paid towards critical illness rider under Section 80D of the Income Tax Act, 1961.

Other Benefits - How you can save with the Reliance General Critical Illness Insurance Policy?

There are several other benefits that come along with Critical illness plans and these are listed below:

• Policy status: You can check the status of the policy through Reliance General Insurance website. You must complete a registration form and enroll your policy online to get updates on your policy status.
• Premium payment: You can make premium payments via online payment methods, netbanking, phone banking, and cash.
• Grievance redressal: Reliance General Insurance has a dedicated grievance redressal cell to acknowledge and resolve grievances at the earliest.
• Online application: You apply and renew your insurance online through Reliance General Website.

Why should you buy the Critical Illness Insurance Plan from Reliance General Insurance?

Reliance General Insurance is a renowned firm in the health insurance sector that is keen on delivering world-class insurance services to people in India. Each product offered by the company is designed after putting in a lot of research. The company caters to the health insurance needs of millions of customers across the country and it has a high claim settlement ratio.