HDFC Life Cancer Care - Cancer Insurance Policy in India

UIN No: 101N106V04 | Launch Date : 25/11/2019

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HDFC Life Cancer Care offers lump sum benefit on diagnosis of Cancer that helps to protect your income and savings from expenses that aren't covered by your major medical coverage, like Out of pocket medical expenses, Out of Network specialist, Experimental Cancer Treatment, Travel & Lodging etc. when treatment is far and so on.

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Cancer Care #RayOfHope

Fighting Cancer with Mental, Emotional and Financial Strength

Why you need Cancer plan ?

  • Cancer can affect anyone, anytime
  • There is an alarming increase in cancer cases in India and around the world
  • Cancer cases are only expected to rise
  • If diagnosed cancer treatment can be expensive
  • Staying financially prepared is half the battle won
 
PROTECT YOURSELF FROM THE RISING COSTS OF CANCER CARE.GET COVERED IN A FEW SIMPLE STEPS.

Tell us about yourself

ARE YOU AN NRI ?
 
BUYING FOR SELF ?
 
 
 
Gender
 
 
Smoker
 
 
 
 
Explore HDFC Life Cancer Care
Benefits of Cancer Cover
Benefits offered under the various Plan Options
    • Offer lump sum benefits on diagnosis of Cancer as per the table below: 
      DIAGNOSIS OF% OF APPLICABLE SUM INSURED
      Early Stage cancer or Carcinoma-in-situ (CIS)25
      Major Cancer100 less early Stage Cancer or CIS Claims, if any
    • Waiver of Premium: On a valid claim of Early Stage Cancer or Carcinoma-in-situ (CIS) diagnosis, premiums will be waived for a period of 3 policy years.

    Why do I need a cancer insurance even if I have a health insurance?

    A health insurance and cancer insurance serve different purposes and are independent of each other. A health insurance will reimburse your hospital expenses, doctor consultations and aid you to opt for cashless treatments. Meanwhile, a cancer insurance will provide a lump sum payout on diagnosis of early or major stages of cancer. It is a comprehensive policy that will provide financial protection to you and your family. In addition to medical expenses, this lump sum money can be used to replace your earnings while you are unable to go to work. It will protect your savings from expenses that aren't covered by your health insurance, like out of pocket medical expenses, out of network specialist, experimental cancer treatment, travel and lodging etc.

    What is the claim process for cancer insurance?

    The claim process is hassle-free and is paid upon diagnosis of cancer in the policy holder. 25% of applicable sum assured is paid upon early diagnosis. And upon diagnosis of a major cancer, the insured stands to get 100%minus early stage cancer benefit of the sum assured. The benefits for early stage cancer detection is paid only once during the policy term and for its first occurrence only. 

    All future premiums for a period of three policy years are waived off on detection of early stage cancer. In case where the outstanding term is less than three years, premiums for outstanding term would be waived off. As you opt for premium plans (gold and platinum), you stand to gain from the increased benefits like the sum insured increases by 10% each year starting from the first policy anniversary.  For more details, please refer to our brochure.

    How does cancer insurance work?

    A cancer insurance provides financial protection to you and your family against early or major stages of cancer. Under the plan, once the policyholder is diagnosed with a major or early stage of cancer, a lump sum is paid by the insurance company. Further, all future premiums for next three policy years will be waived off on receiving a valid claim of cancer diagnosis. Cancer insurance operates independently and all benefits and payouts are separate from other health insurance plans you might have.

    What types of cancer are covered under Cancer Insurance?

    A comprehensive cancer insurance covers all major types of cancer like breast cancer, cervical cancer, ovarian cancer, colon and rectum cancer, lung cancer, liver cancer, penis and testis cancer, stomach and esophagus cancer, etc. The entire list of cancer coverage can be accessed on the website.

    Gold Option:In addition to the benefit offered under Silver Benefit, under this option Increased Benefit under this option Increased Benefit is also payable. In Increased benefit, the Sum Insured increases by 10% of initial Sum Insured each year starting from the first policy anniversary. This will continue till the earlier of:

    1. Increased Sum Insured becoming 200% of the Initial Sum Insured or
    2. Any claim event

    Why do I need a cancer insurance even if I have a health insurance?

    A health insurance and cancer insurance serve different purposes and are independent of each other. A health insurance will reimburse your hospital expenses, doctor consultations and aid you to opt for cashless treatments. Meanwhile, a cancer insurance will provide a lump sum payout on diagnosis of early or major stages of cancer. It is a comprehensive policy that will provide financial protection to you and your family. In addition to medical expenses, this lump sum money can be used to replace your earnings while you are unable to go to work. It will protect your savings from expenses that aren't covered by your health insurance, like out of pocket medical expenses, out of network specialist, experimental cancer treatment, travel and lodging etc.

    What is the claim process for cancer insurance?

    The claim process is hassle-free and is paid upon diagnosis of cancer in the policy holder. 25% of applicable sum assured is paid upon early diagnosis. And upon diagnosis of a major cancer, the insured stands to get 100%minus early stage cancer benefit of the sum assured. The benefits for early stage cancer detection is paid only once during the policy term and for its first occurrence only. 

    All future premiums for a period of three policy years are waived off on detection of early stage cancer. In case where the outstanding term is less than three years, premiums for outstanding term would be waived off. As you opt for premium plans (gold and platinum), you stand to gain from the increased benefits like the sum insured increases by 10% each year starting from the first policy anniversary.  For more details, please refer to our brochure.

    How does cancer insurance work?

    A cancer insurance provides financial protection to you and your family against early or major stages of cancer. Under the plan, once the policyholder is diagnosed with a major or early stage of cancer, a lump sum is paid by the insurance company. Further, all future premiums for next three policy years will be waived off on receiving a valid claim of cancer diagnosis. Cancer insurance operates independently and all benefits and payouts are separate from other health insurance plans you might have.

    What types of cancer are covered under Cancer Insurance?

    A comprehensive cancer insurance covers all major types of cancer like breast cancer, cervical cancer, ovarian cancer, colon and rectum cancer, lung cancer, liver cancer, penis and testis cancer, stomach and esophagus cancer, etc. The entire list of cancer coverage can be accessed on the website.

    • Platinum Option: In addition to the benefit offered under Gold Benefit, this option offers monthly income of 1% of applicable Sum Insured for 5 years, on diagnosis of listed Major Cancer.
      1. Offers Premium discounts for Sum Insured above Rs 10 Lakhs 

      Why do I need a cancer insurance even if I have a health insurance?

      A health insurance and cancer insurance serve different purposes and are independent of each other. A health insurance will reimburse your hospital expenses, doctor consultations and aid you to opt for cashless treatments. Meanwhile, a cancer insurance will provide a lump sum payout on diagnosis of early or major stages of cancer. It is a comprehensive policy that will provide financial protection to you and your family. In addition to medical expenses, this lump sum money can be used to replace your earnings while you are unable to go to work. It will protect your savings from expenses that aren't covered by your health insurance, like out of pocket medical expenses, out of network specialist, experimental cancer treatment, travel and lodging etc.

      What is the claim process for cancer insurance?

      The claim process is hassle-free and is paid upon diagnosis of cancer in the policy holder. 25% of applicable sum assured is paid upon early diagnosis. And upon diagnosis of a major cancer, the insured stands to get 100%minus early stage cancer benefit of the sum assured. The benefits for early stage cancer detection is paid only once during the policy term and for its first occurrence only. 

      All future premiums for a period of three policy years are waived off on detection of early stage cancer. In case where the outstanding term is less than three years, premiums for outstanding term would be waived off. As you opt for premium plans (gold and platinum), you stand to gain from the increased benefits like the sum insured increases by 10% each year starting from the first policy anniversary.  For more details, please refer to our brochure.

      How does cancer insurance work?

      A cancer insurance provides financial protection to you and your family against early or major stages of cancer. Under the plan, once the policyholder is diagnosed with a major or early stage of cancer, a lump sum is paid by the insurance company. Further, all future premiums for next three policy years will be waived off on receiving a valid claim of cancer diagnosis. Cancer insurance operates independently and all benefits and payouts are separate from other health insurance plans you might have.

      What types of cancer are covered under Cancer Insurance?

      A comprehensive cancer insurance covers all major types of cancer like breast cancer, cervical cancer, ovarian cancer, colon and rectum cancer, lung cancer, liver cancer, penis and testis cancer, stomach and esophagus cancer, etc. The entire list of cancer coverage can be accessed on the website.

    ENTRY AGE
     
    MIN
    5 yrs
     
    MAX
    65 yrs
    MATURITY AGE
     
    MIN
    15 yrs
     
    MAX
    85 yrs
    POLICY TERM
     
    MIN
    3 yrs
     
    MAX
    85 yrs -
    Entry Age
    PREMIUM PAYING FREQUENCIES
    • Annual
    • Half Yearly
    • Quarterly
    • Monthly
    SUM Insured
     
    MIN
    10 lkhs
     
    MAX
    50 lkhs
    SURVIVAL PERIOD
    7 day survival period between the date of diagnosis of a condition and the date eligibility for a benefit payment would be applicable. 

    EXCLUSIONS: Cancer Insurance

    No benefit shall be payable under the policy in respect of any Major Cancer, Carcinoma-in-situ or Early Stage Cancer resulting directly or indirectly from or caused or contributed by (in whole or in part) :

    • Sexually Transmitted Diseases AIDS or HIV.

    • Any congenital conditions

    • Any pre-existing condition

    • Intoxication by alcohol or narcotics or voluntarily taking or using any drug, medication or sedative unless it is an "over the counter" drug, medication or sedative taken according to package directions;

    • Nuclear, biological or chemical contamination (NBC),

    • The policy shall terminate and no benefit shall be payable under the policy if the

    1. Diagnosis or

    2. Signs or symptoms (related to the diagnosed cancer) first occurred during the waiting period.

    Please refer to product brochure for detailed benefits.

    Frequently Asked Questions

    What is the HDFC Life Cancer Care Policy?

    HDFC Life brings to you a comprehensive Cancer Care plan that provides financial protection for both early and major stage of cancer.

    This is a plan that not only gives pay outs but also a waiver on premium for the next 3 policy years on diagnosis of early stage of cancer.

    There is an increased benefit where the Sum insured under the policy increases every year under the Gold and Platinum option. Also, offers an income benefit under the Platinum option.

    Why do I need the HDFC Life Cancer Care Policy?

    With the rising incidence of Cancer in our country, it is necessary to protect your loved against it. To ensure that you and your family are financially protected against this giant disease, Cancer, HDFC Life brings for you HDFC Life Cancer Care ones which will take care of emergencies and help you to continue achieving your life goals without any speed breaker. The various features of the plan are as follows:

    1. Comprehensive cancer plan that provides financial protection to you and your family against early or major stages of cancer
    2. Lump sum payout is provided on diagnosis of early or major stages of cancer
    3. Future Premiums for next 3 policy years will be waived off on receiving a valid claim of early stage cancer
    4. Offers Income benefit for next 5 years on diagnosis of Major Stage Cancer, under Platinum option
    5. Under Gold and Platinum option, the Sum Insured will be increased by 10% every year. This will continue till the increased Sum Insured becomes 200% of the Initial Sum Insured or if any claim is done whichever is earlier.

      All benefits and payouts are independent of any other health insurance plan

    6. Provides tax benefits on premiums paid up to Rs 55,000 under Sec 80D of the Income Tax Act, 1961.

    What are the Plan Options available for this product?

    There are 3 plan options available in this product namely Silver, Gold and Platinum. The base benefit is applicable on all the 3 options. The Increased benefit is applicable on Gold and Platinum options where as income benefit is applicable only on the Platinum option.

    What is the discounted Premium on higher Sum Assured?

    There would be discount in the form of lower premium rates for incremental Sum Insured over & above Rs. 10,00,000.

    What are the Premium paying frequencies available for this Plan?

    The premium paying frequency available for this plan is Annual, Half-Yearly, Quarterly & Monthly.

    If I don't claim any amount, then will my Sum Insured limit increased in the subsequent year?

    Yes, the sum insured limit will increase from the subsequent year but this increased benefit is applicable in case of the policyholders who have chosen the Gold and Platinum plan. Under this benefit, the Sum Insured will increase at a rate of 10% of the Initial Sum Insured per annum starting from the first policy anniversary.

    This increase will continue till the earlier of:

    1. Increased Sum Insured becoming 200% of initial Sum Insured and
    2. Any claim event.

    Once the claim is made, all future claims shall be based on the Increased Sum Insured at the time of first claim. Further increases to the increased Sum Insured shall not be applicable.

    How will the Pay Out happen for this plan?

    Payout will be depending upon the plan Option chosen.

    In case of Silver Option the lump sum benefit is payable:

    Diagnosis of% of Applicable Sum Insured
    Early Stage cancer or Carcinoma-in-situ (CIS)25
    Major Cancer100 less Early Stage Cancer or CIS claims, if any

    In addition to the above on a valid claim of Early Stage Cancer or Carcinoma-in-situ (CIS) diagnosis, premiums will be waived for a period of 3 policy years. In case the outstanding term is less than 3 years then premiums for the outstanding term would be waived

    Gold Option: Under this option the policyholder receives the benefits described under the Silver option plus an increased benefit.

    Under Increased benefit, the Sum Insured increases by 10% of initial Sum Insured each year starting from the first policy anniversary. This will continue till the earlier of:

    1. Increased Sum Insured becoming 200% of the Initial Sum Insured or
    2. Any claim event

    Once the claim is made, all future claims shall be based on the Increased Sum Insured at the time of first claim and further increases to the Increased Sum Insured shall not be applicable.

    Platinum

    Under this option the policyholder receives the benefits described under the Gold option benefit plus regular Income Benefit.

    Under Income benefit option a monthly income equivalent to 1% of applicable Sum Insured would be paid out to you on diagnosis of the listed major cancers for a fixed period of next 5 policy years.

    What is the minimum & maximum cover that I can opt for this plan?

    The minimum cover for the policy is Rs.10 lakhs whereas the maximum cover for the policy is Rs.50 lakhs.

    Are there any network hospitals that the company has tied up for cancer treatment?

    Unlike a health insurance, a cancer insurance doesn’t cover hospitalisation expenses. The policy pays out a lump sum to the insured upon diagnosis of the types of cancer listed in the plan. It provides financial protection to your family and can cover expenses like out of pocket medical expenses, out of network specialist, experimental cancer treatment, travel and lodging etc. You are free to seek any type of treatment at a hospital of your choice, including those outside the network.

    Does the family get any sum assured upon the policyholder's death?

    The sum assured is paid to the policyholder upon diagnosis with cancer. Cancer plans aim to help offset the expenses that incur while battling the critical disease like cancer. Therefore, the payout is linked to diagnosis of disease and no death benefits is payable.

    How long does it take to get the reimbursement?

    As cancer plan doesn’t pay for hospitalisation expenses, you don’t have to submit any bills to proceed a claim. The policyholder will get a lump sum upon diagnosis of cancer and needs to produce medical records of the same to receive the payout.

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    glossary entry point
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    HDFC Life Cancer Care
    HDFC Life Cancer Care
    Smoking affects at least 6 million people a year*. Cancer treatment is expensive. HDFC Life Cancer Care now covers smokers too!
    The importance of having cancer cover

    Reema# is a young and vibrant individual. She has never smoked and lives an active and healthy life. For a few days, Reema had a terrible cough, and started experiencing shortness of breath. She went for a check-up, where she was diagnosed with lung cancer. While the cancer was caught early, Reema's medical insurance did not cover the cost of her treatment. As Reema's health was on the mend, her savings were completely wiped out, and she was forced to build her savings from scratch once again.

    We all hear stories like Reema's, but we always believe that cancer is something that happens to others, and never affects us. Unfortunately, this is not true. According to a recent research more than 1 million cancer cases are diagnosed every year1. By 2020 Cancer cases are expected to rise by 20%.

    The number of cancer cases in the country is definitely increasing; and breathing in polluted cities like Delhi and Mumbai has been said to be as bad for you as smoking a packet of cigarettes every day.

    If not treated on time cancer treatment can be expensive. Over 45% of families drain their savings for cancer treatment. Very few health insurance policies will cover diseases like cancer, and cancer treatment drugs can cost up to Rs. 8 lakh*. Keeping this in mind, it's a good idea to opt for a comprehensive plan, like the HDFC Life Cancer Care plan, over your regular health insurance, which will take care of your finances, leaving you free to focus on your health.

    #The name and character of Reema is used in a fictitious manner. Any resemblance to actual person, living or dead, or actual events is purely coincidental.

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