HDFC Life Cancer Care Plan

HDFC Life Cancer Care is a unique health plan which pays lump sum benefit amount to the policyholder on diagnosis of Minor and/or Major Cancer which can be used for cancer treatment. This plan offers a lump sum benefit on diagnosis of cancer. For above Rs. 10 Lakhs of the sum insured it offers Premium discounts. If in an early stage of cancer the policyholder can avail the Waiver of Premium Benefit under HDFC Life Cancer Care Plan. There are 3 plan options with varied benefits. The Insured can select any of the 3 options as per their requirement. The minimum Sum Insured is Rs. 10 Lakhs and the Maximum Sum Insured is Rs. 40 Lakhs.

Key Features

  • Up to 100% of Sum Assured paid on of diagnosis of Cancer
  • Only 7-day survival (waiting) period from diagnosis required to claim for benefit payout
  • Future premiums for next 3 years will be waived
  • No pre-policy medical test required
  • Get monthly income for 5 years on diagnosis (Platinum option)
  • Discount of 5.5% on premium for policies bought online

Benefits

  • Maturity benefit
No benefit is payable on maturity of the policy.
  • Death benefit
No death benefit is payable on death as the plan aims at offering benefit for treatment of cancer.
  • Premium discounts
Lower premium rates available for Sum Assured over 10 lacs - 5.5% discount on premium if policy is bought online directly by the prospective policyholder.

Am I eligible?

PARAMETER MINIMUM MAXIMUM
ENTRY AGE 18 65
POLICY TERM 10 20
AGE OF MATURITY 28 75
SUM ASSURED 10,00,000 40,00,000
PAYMENT TERMS ANNUAL, SEMI-ANNUAL, QUARTERLY, MONTHLY

What if?

  • I miss to pay premiums?
If you are unable to pay the premium on time, there is a grace period available to make the payment which varies for yearly, half yearly, quarterly and monthly plans.
  • I want to renew my policy?
A period of 30 days from the expiry of policy term to renew the policy, subject to maximum maturity age and minimum policy term allowed under the product.

Exclusions

  • No benefit amount will be paid in respect of 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 - diagnosis or - signs or symptoms (related to the diagnosed cancer) first occurred during the waiting period.