Key Features
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Covers all stages of cardiac and renal conditions1
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Option to choose Level or Increasing Cover
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5 years premium waiver on early stage diagnosis
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Option to receive monthly income for 5 years on major stage diagnosis
Payout Options
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Option 1 – Level Sum Assured
Your chosen Sum Assured remains level with the effective cardiac Sum Assured and/or effective Renal Sum Assured equal to 100% of the initial Sum Assured throughout the entire policy term.
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Option 2 – Increasing Sum Assured
If you choose the increasing Sum Assured option, the effective cardiac Sum Assured and/or effective renal sum assured in the first year will be equal to 100% of the initial Sum Assured. Thereafter, as long as no cardiac or renal claim event has occurred, the effective Cardiac Sum Assured or the effective Renal Sum Assured, will increase by 10% of the initial Sum Assured on each policy anniversary starting from the first policy anniversary till the tenth policy anniversary.
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Cardiac Benefit
Early and major stage cardiac conditions are covered. The plan offers a payout of 30% of sum assured on early stage cardiac conditions and 100% of sum assured on major stage cardiac conditions.
Please refer to the sales brochure for more details on exclusions.
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Renal Benefit
Early and major stage renal conditions are covered. The plan offers a payout of 30% of sum assured on early stage renal conditions and 100% of sum assured on major stage renal conditions.
Please refer to the sales brochure for more details on exclusions
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Comprehensive Benefits
Early and major stages of both cardiac and renal conditions are covered. The plan offers a payout of 30% of sum assured on early stage conditions and 100% of sum assured on major stage conditions.
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Premium Waiver Benefit
Once a valid claim under the Early Stage Cardiac Condition or an Early Stage Renal Condition is approved, all future premiums for the policy will be waived off starting from the next premium due date following the date of diagnosis of the Early Stage Cardiac or Early Stage Renal Condition as may be applicable for the lower of the next 5 years or balance Policy Term.
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Income Benefit Option
You will have an option to choose this benefit at policy inception only and, once chosen, cannot be opted out. Under the income benefit option, a monthly income equivalent to 1% of the Sum Assured on cardiac illness and/or renal illness would be paid out once a claim for a major stage cardiac and/or renal condition has been admitted, depending upon the plan benefit chosen.
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Entry Age (age last birthday)
18 – 65 years
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Maturity Age or Cover Ceasing Age
85 years
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Policy Term
Minimum - 5 Years / Maximum - 50 Years
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Premium Paying Term
Regular Pay
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Premium Paying Mode
Annual | Semi-Annual | Quarterly | Monthly
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Sum Assured
Minimum - Rs. 10 Lakh / Maximum - Rs. 50 Lakh
Frequently Asked Questions for Heart and Kidney Illness Insurance
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What is critcal illness insurance cover?
Critical illness insurance cover provides financial liquidity in case of early and major stages of cardiac and renal issues. Depending on the plan and options chosen, payouts are made in case the life insured is diagnosed for cardiac or renal ailments.
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Why should I purchase this plan?
In today’s time, heart and kidney illnesses are on the rise due to eating habits, change in lifestyle and everyday stress. Treatment costs for such ailments could wipe out one’s savings. This critical insurance plan offers you critical illness cover and provides financial liquidity to cover your expenses, if you happen to get diagnosed.
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What are the main benefits of the plan?
The plan, like some of the best critical illness plans, offers a risk cover against early and major stage heart and kidney conditions. For details please refer to the benefits, section of the plan.
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Is this a heart insurance plan only?
No. The plan offers options of covering cardiac (heart) conditions, and/or renal (kidney related) conditions as well.
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What it the eligibility criteria for this plan?
When buying this critical illness insurance, life insured must be between 18 – 65 years of age and the cover will cease when life insured is 85 years old. The policy term can be between 5 years and 50 years.
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Is it an individual plan or a family plan?
This is an individual plan.
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Is there any taxation benefit for this plan?
Yes, as per extant tax laws, this critical insurance plan offers tax benefits2 under section 80D of the Income Tax Act, 1961, subject to fulfilment of the other conditions of the section prescribed therein. You are advised to consult your tax advisor for details.
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Where is the medical test conducted for this plan?
Before the issuance of the plan, basis your medical history and sum assured, a medical test may be conducted at a diagnostic centre of your choice inside India.
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1Please refer to the product brochure for details on exclusions
2Tax benefits are subject to changes in tax laws. You are advised to consult your tax advisor for the same.
Disclaimer
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a traditional non participating health insurance plan. All terms & conditions are guaranteed throughout the policy term. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. For more details on risk factors, terms & conditions, please refer to the sales brochure before concluding the sale. Tax benefits are subject to changes in the tax laws. For more details and clarification call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true. Aditya Birla Sun Life Insurance Company Limited Registered Office: One World Center Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI reg no.109 CIN: U99999MH2000PLC128110 VER1/NOV/2019 UIN: 109N104V02
ADV/9/20-21/1039
