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Irdai bars widening of health covers if premiums increase
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Health insurance: Irdai bars companies from widening of cover if premiums increase
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Updated Dec 23, 2020 | 07:52 IST
With a substantial increase in the number of patients suffering from illnesses like cancer, heart attack, and organ failures it has become essential to have critical insurance cover Buying a critical illness insurance? Here are five things to consider before buying | Photo Credit: BCCL
New Delhi: Indians are at an increased risk of lifestyle-related diseases and there are many who are suffering from diseases like cardiovascular illness and cancer, and that too, at a young age.
With a substantial increase in the number of patients suffering from illnesses like cancer, heart attack, and organ failures it has become essential to have critical insurance cover. And, due to the longer treatment tenure and the cost of non-medical and medical expenses, critical illness cover has become even more essential.