ICICI Pru Non-Linked Health Protect Rider
A critical illness not only affects a family emotionally but also disrupts financial stability. While we cannot predict or prevent such illnesses, we can safeguard ourselves against their financial impact with a critical illness cover. ICICI Pru Non-Linked Health Protect Rider is designed to provide financial protection against critical illnesses. This amount can help manage immediate medical expenses or support your lifestyle in case your income is disrupted. This ensures peace of mind during difficult times.
Key Features and Benefits
ICICI Pru Non-Linked Health Protect Rider provides lumpsum payment of the sum assured on diagnosis of any of the covered critical illness under Critical illness benefit option of this rider. ICICI Pru Non-Linked Health Protect Rider offers two packages as given below:
- 20CI package which covers 20 Critical illnesses ,or
- 60CI package which covers 60 Critical illnesses
The package once chosen cannot be altered during the coverage term. The list of the critical Illnesses covered under each package is as follows:
| Sr No | Critical Illness | 20CI package | 60CI package |
|---|---|---|---|
| 1 | Cancer of Specified Severity | Y | Y |
| 2 | Myocardial Infarction (First Heart Attack - Of Specified Severity | Y | Y |
| 3 | Open Chest CABG | Y | Y |
| 4 | Open Heart Replacement or Repair of Heart Valves | Y | Y |
| 5 | Coma of Specified Severity | Y | Y |
| 6 | Kidney Failure Requiring Regular Dialysis | Y | Y |
| 7 | Stroke Resulting in Permanent Symptoms | Y | Y |
| 8 | Major Organ/Bone Marrow transplant | Y | Y |
| 9 | Permanent Paralysis of Limbs | Y | Y |
| 10 | Motor Neuron Disease with Permanent Symptoms | Y | Y |
| 11 | Multiple Sclerosis with Persisting Symptoms | Y | Y |
| 12 | Benign Brain Tumor | Y | Y |
| 13 | Blindness | Y | Y |
| 14 | Deafness | Y | Y |
| 15 | End Stage Lung Failure | Y | Y |
| 16 | End Stage Liver Failure | Y | Y |
| 17 | Loss of Speech | Y | Y |
| 18 | Loss of Limbs | Y | Y |
| 19 | Major Head Trauma | Y | Y |
| 20 | Primary (Idiopathic) Pulmonary Hypertension | Y | Y |
| 21 | Third Degree Burns | Y | |
| 22 | Alzheimer’s Disease | Y | |
| 23 | Parkinson’s Disease | Y | |
| 24 | Major Surgery of Aorta | Y | |
| 25 | Myasthenia Gravis | Y | |
| 26 | Aplastic Anaemia | Y | |
| 27 | Loss of Independent Existence (Cover up to Age 74) | Y | |
| 28 | Progressive Scleroderma | Y | |
| 29 | Other Serious Coronary Artery Diseases | Y | |
| 30 | Severe Rheumatoid Arthritis | Y | |
| 31 | Cardiomyopathy | Y | |
| 32 | Infective Endocarditis | Y | |
| 33 | Medullary Cystic Kidney Disease | Y | |
| 34 | Apallic Syndrome | Y | |
| 35 | Creutzfeldt-Jakob Disease | Y | |
| 36 | Pneumonectomy (Surgical Removal of One Lung) | Y | |
| 37 | Brain Surgery | Y | |
| 38 | Severe Ulcerative Colitis | Y | |
| 39 | Chronic Relapsing Pancreatitis | Y | |
| 40 | Progressive Supranuclear Palsy - Resulting In Permanent Symptoms | Y | |
| 41 | Good Pastures Syndrome With Lung And Renal Involvement | Y | |
| 42 | Fulminant Viral Hepatitis | Y | |
| 43 | Severe Crohn’s Disease | Y | |
| 44 | Bacterial Meningitis | Y | |
| 45 | Necrotising Fasciitis | Y | |
| 46 | Muscular Dystrophy | Y | |
| 47 | Poliomyelitis | Y | |
| 48 | Tuberculous Meningitis | Y | |
| 49 | Encephilitis | Y | |
| 50 | Primary Myelofibrosis | Y | |
| 51 | Pheochromocytoma | Y | |
| 52 | Systemic Lupus Erythematous With Renal Involvement | Y | |
| 53 | Eisenmenger's Syndrome | Y | |
| 54 | Loss of use of One Limb and Loss of Sight in One Eye | Y | |
| 55 | Refractory Heart Failure | Y | |
| 56 | Takayasu Arteritis | Y | |
| 57 | Severe Guillain-Barre Syndrome | Y | |
| 58 | Spinal Stroke | Y | |
| 59 | Benign Spinal Cord Tumour with Neurological Deficit | Y | |
| 60 | Severe Progressive Bulbar Palsy | Y |
Y stands for "Yes"
In order for a claim to be eligible under this Critical Illness Benefit option of this rider it is necessary that:
- The life assured is diagnosed with a specified critical illness and the same is covered under the package chosen by the life assured
- The critical Illness suffered by the life assured satisfies the definition, terms and conditions mentioned under "Critical illness definition and exclusion"1 of policy document
- The life assured’s diagnosis of critical illness must be confirmed by a medical practitioner2
- The date of diagnosis of the critical illness will be considered for processing a claim
- The Life Assured is not diagnosed with a Critical Illness or signs or symptoms of any Critical Illness did not arise within the Waiting Period3; and
- The Life Assured survives the specified Survival3 Period
Illustration: The below table shows sample annualized premiums for 20CI package at different premium payment terms and rider terms for a sum assured of ₹ 10 Lacs at age 40 for a male.
| Premium Payment Term (A) |
Rider Term (B) |
Annualized Premium (C) |
Total Premiums Paid (AXC) |
|---|---|---|---|
| 6 years | 12 years | 11,615 | 69,690 |
| 10 years | 12 years | 7,507 | 75,070 |
| 12 years | 20 years | 13,507 | 1,62,084 |
In the above illustration, it is assumed that there are no underwriting extra premiums, and no other riders have been attached to the base policy at the time of purchasing this rider.
| Minimum | Maximum | |
|---|---|---|
| Premium Payment Term (PPT) | Limited pay and Regular pay: 5 years | Limited pay:19 years Regular pay:20 years |
| Policy Term (PT) | Limited pay: 6 years Regular pay: 5 years |
Limited pay and Regular pay: 20 years |
| Entry age | 18 years | 55 years |
Premium Payment Frequency: Yearly, Half-Yearly, Monthly (same as chosen under the Base policy)
Minimum Sum Assured: ₹ 5,00,000
Maximum Sum Assured: Subject to the Board Approved Underwriting Policy (BAUP) but not exceeding the sum assured on death at inception for the base policy
Minimum Annualized Premium: Corresponding to the minimum sum assured
Maximum Annualized Premium: Corresponding to the maximum sum assured. Subject to the Board Approved Underwriting Policy (BAUP). However, premium for this critical illness benefit option shall not exceed 100% of premium under the base policy
Applicable Goods and Services Tax will be charged separately, as per applicable rates. The tax laws are subject to amendments from time to time
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