What is the difference between a Critical Illness Rider and a Critical Illness Plan?There are differences between a critical illness rider and a critical illness plan. Find out more about the similarities and the dissimilarities between the two.
Apnainsurance.com Research Bureau
05 Dec 2007
A critical illness rider can be purchased as an additional benefit on your health insurance policy. You can make a claim even if you are hospitalized due to an accident or an injury or a disease i.e. for hospitalization and other expenses arising from causes other than a critical illness.
Furthermore, in plans that provide the rider along with the health insurance plan, the sum assured is automatically doubled. For example, suppose a person purchases a health plan with a critical illness benefit for Rs. 2 lakh and subsequently suffers a heart attack. Let's assume his expenses come up to Rs. 3.5 lakh. Because his health plan includes the critical illness benefit, he then can claim cost/expenses (including post-hospitalization costs) up to Rs. 4 lakh (2 lakh health plan plus 2 lakh critical illness benefit). Whereas, if he just had the health insurance plan without the critical illness rider, he would have had to be satisfied with a claim up to just the sum assured i.e. Rs. 2 lakh.
the other hand, if you have just a critical illness plan, you can make a claim
for the pre-defined critical illnesses only and not any other injury or
In case of a critical illness plan, typically, the insured receives the sum insured on either immediately or within a few days of diagnosis, irrespective of the actual expenses.
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What is the difference between a Health Insurance policy and a critical illness policy?
Illnesses covered by Critical Illness plans
When does the Critical Illness plan not cover the illnesses?
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