a health package that can provide you with something that most conventional health plans cannot: a large amount of insurance payout if you are diagnosed with cancer, without any medical bills. This cash payment will help you pay for medical expenses and ensure that you never run out of money. You can make use of this money to choose whatever care you want, with any doctor and hospital you want, locally or internationally. All of this comes at a very low cost.
The difference between the general health insurance plan and cancer insurance plan is that the former requires medical bills, but the later does not require any hospital bills. Although having health insurance or a mediclaim plan is valuable and these plans can cover cancer care claims, they are focused on hospitalization bills. Furthermore, these policies do not cover the whole cost of care. There are also restrictions, such as co-payments for care, treatment available at network hospitals, and so on.
Latest cancer insurance plans, such as the ICICI Heart/Cancer Protect cover, are intended to address these issues. This policy releases the cover amount when a cancer diagnosis is confirmed, without even the hospital bills. Furthermore, unlike traditional health insurance plans, the premium for this program remains constant over the lifetime of the policy.
You can avail the claim sum after you have been diagnosed with cancer, and you will not be required to submit any medical bills, meaning that you can freely use the claim sum as you wish for any care and at any hospital you want, in India or abroad. You may also use this money to cover your medical expenses or to supplement your income when you are undergoing care. The optimal cancer coverage amount is determined by the future care costs, such as rehabilitation, medications, hospitalization, extra living expenses, and medical tests.
