Option to increase Sum Assured by 10% of Basic Sum Every Year for first Five Year Or until the diagnosis of first event of Cancer, whichever is earlier.
In case of Early stage Cancer, 25% of Applicable Sum Assured and in case of Major stage Cancer, 100% of Applicable Sum Assured is payable immediately on diagnosis.
In case of Early stage Cancer, Premium for three years or Balance Policy term, whichever is less shall be waived. In case of Major stage Cancer, Premium for balance Policy term shall be waived.
In case of Major Stage Cancer, in addition to lump sum benefit, 1% of Applicable Sum Assured is payable every month for a period of fixed 10 Years.
| Minimum | Maximum | |
| Age at Entry | 20 years (completed) | 65 years (Last birthday) |
| Policy Term | 10 years | 30 years |
| cover ceasing age | 50 years | 75 years |
| Basic Sum Insured | Rs. 15,00,000/- (for age 41-65 yrs) | Rs.50,00,000/- |
| Rs. 25,00,000/- (for age 35-40 yrs) | ||
| Rs. 35,00,000/- (for age 20-34 yrs) |
Sum Assured In multiples of Rs.100,000/- only
Available Mode : Yearly and Half Yearly with Minimum Premium as Rs.2400/-p.a.for all modes
Benefits:-
Condition | Early Stage Cancer | Major Stage Cancer |
Death Benefit | No any death benefit is payable on the death of any insured
| No any death benefit is payable on the death of any insured
|
Maturity Benefit | No any benefits are payable at the end of the cover period
| No any benefits are payable at the end of the cover period
|
Lump Sum Benefit | 25% of Applicable Sum Assured payable immediately | 100% of Applicable Sum Assured payable immediately |
Premium Waiver Benefits | Premium for three years or Balance Policy term, whichever is less shall be waived | Premium for remaining Policy term, whichever is less shall be waived |
Income Benefits | Not Applicable | 1% of Applicable Sum Assured is payable every month for a period of fixed 10 Years |
Other Benefits:
Tax Benefit under Section 80D of Income Tax Act 1961
