Reliance Critical Illness Policy

Policy Benefits

• Lump sum amount is payable for any of the listed 10 critical illnesses or surgeries. It covers Life Threatening diseases (Category-I including Cancer, Major Organ Transplant, Multiple Sclerosis, Third Degree Burns, Aorta Graft Surgery) and Lifestyle Disabling diseases (Category-II including Heart Valve Replacement/repair, Coma of Specified Severity??, Coma Quadriplegia, Total Blindness, End Stage Renal Disease requiring regular dialysis).
• Get continuity benefits, if the policy is renewed within 30 days after the policy end date.

Value Added Benefits

• Get renewal discount. For annual policy, earn a cumulative discount of 5% on renewal premium for each claim free policy year, up to a maximum of 50%. For policy with the 3 year policy term, earn a cumulative discount of 10% on renewal of claim free block of 3 completed years, up to a maximum of 50%.
• Wide range of Sum Assured options.
• Avail Tax Benefits under section 80 D and 10 (10 D) of Income Tax Act,1961.

Sub Limits

• 50% cost of medical check-up incurred is reimbursed, when conducted at the company’s designated center.

Waiting Period Clause

• Initial Waiting Period: A waiting period of 3 months from the inception date of this policy.
• Survival Period Waiting Period: Co. will pay the benefit payment when the insured survives for more than 30 days after the diagnosis of the critical illness listed in category I and for 60 days after diagnosis in case of category II conditions.