Cardiac health insurance: Here’s why it is necessary

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Cardiac health insurance policy offers compensation for cardiac treatment costs and other related expenses including hospitalization expenses. Nowadays, heart diseases have become common in people of almost every age. The cost of heart disease is very high. People are now planning in advance to deal with such big expenses. If you have the right cardiac plan to deal with such diseases, then you will not have any financial problems in such times of crisis.

High cost

For angioplasty of clogged arteries, you may have to spend anywhere between Rs 3 lakh to Rs 5 lakh in a metro city. Similarly, the cost of open-heart surgery ranges from Rs 5 lakh to Rs 8 lakh, while surgery involving valves costs anywhere between Rs 4 lakh to Rs 7 lakh. It is not always possible for everyone to have enough money to cover such a huge cost and take the best possible treatment.

Policies

In Star Cardiac Care Insurance Policy- Platinum of Star Health Insurance, you will have to pay a premium of Rs 36,621. On the other hand, you may have to pay a premium of around Rs 14,195 in Care Heart Policy by Care Insurance and Rs 9,566 in Active Health Platinum Enhanced Policy by Aditya Birla. (Source: Policybazar.com)

Key features

The policy offers compensation for cardiac treatment costs and other related expenses including hospitalization expenses

Lump-sum payment of sum assured

If the insured person is diagnosed with any heart-related disease, the insurer pays a lump sum amount.

Loss of income

Under the heart care health insurance plan, the insurer also covers your loss of income as the policy claim amount can also be used to meet other miscellaneous expenses.

Treatment abroad

Depending on the policy coverage, a heart insurance policy may also cover treatment done overseas

Why health insurance is necessary?

A health insurance plan covers you for pre and post-hospitalization expenses as well as hospitalization expenses.