By 2050, over 35 million new cancer cases are expected to be reported across the world. Cancer-specific insurance and critical illness insurance can help cover the massive cost of cancer treatment
Claims under travel insurance list conditions such as medical emergencies and airline-led epidemic-linked cancellations. While special high-premium travel insurance policies cover such cancellations, not all claims fall into this category.
Most health insurance plans offered by Indian insurers cover treatment only in India. Expenses incurred abroad cannot be reimbursed with most Indian plans.
In the last few months, general insurers Bajaj Allianz, ManipalCigna and Tata-AIG have launched health insurance policies targeting senior citizens. Features may be elderly-friendly, but the final decision will boil down to entry restrictions and premiums, say experts.