The treatment of cancer is quite expensive. The cost of cancer treatment can cost up to Rs 20 Lacs and it may escalate depending on the stage of cancer. Whether it’s chemotherapy, radiation, and/or surgery, most people are unable to afford it. “Health Care Coverage for Cancer Patient” treatment will end up draining all your savings and leave you in deep financial trouble.
Cancer is a dreadful disease in which abnormal cells divide uncontrollably and destroy the body tissue. There are over 100 types of cancer, such as skin cancer, lung cancer, prostate cancer, breast cancer, colon cancer, etc. The symptoms also vary depending on the type. As per statistics, 25 Lacs people are living with this disease. Every year, over 7 Lacs cases are registered as new cancer patients. Moreover, there are around 5.56 Lacs people dying due to cancer every year and these figures are likely to increase day by day.
Due to advanced treatment and care available, the survival rate for cancer patients is becoming higher. The only you need is to choose the right health plan that provides coverage for cancer treatment and helps you to ease the way for its treatment and recovery.
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Critical Illness Cover for Cancer
A critical illness policy helps you to pay for treatments required for specific diseases, including cancer. However, despite various features available such as bigger coverage of Rs 20 to 50 Lacs, critical illness policies have some limitations.
According to a report by ET Wealth, these plans cover your first heart attack and entry-stage kidney disorders but cover cancer only at an advanced stage when the malignant tumor shows uncontrolled growth.
Cancer is also coming under critical illness and that’s why most of the critical illness policy covers the cancer problem. Cancer has now become a common disease because almost 3-6% of the Indian population are infected with this and the good thing about this disease is, that it’s durable and with the right treatment.
So, in order to get the comprehensive cover against the cost incurred against the cancer diagnosis and Health Care Coverage for Cancer Patients’ treatment, it becomes imperative to choose a dedicated cancer care product.
Health Care Coverage for Cancer
There are various cancer care insurance products available, such as Cancer Care Plus by ICICI Prudential, iCancer Insurance Plan by Aegon Life, HDFC Life Cancer Care Plan, etc.
Cancer health insurance is a special category of critical illness policy. It covers the costs associated with the diagnosis and treatment of cancer, such as hospitalization, chemotherapy, radiation, surgery, and many others. These cancer insurance products provide cover for most types of cancer at the early and advanced stages. Thus, these insurance products ensure financial and mental security for a cancer patient and his/her family.
A cancer cover health insurance pays the money at different stages of diagnosis, treatment, and surgery.
Best Cancer Plans
Almost every insurance company offered a cancer plan, a basic plan that is everyone’s need right now, and the fact, in the year 2020 the number of cancer patients in India was 13.9 lakh and it’s estimated that with the year 2025 the number will increase to 15.7 lakh or more than this number.
Some of the best cancer plans, having good coverage with minimal premium amount will help you to fight cancer disease, we all know that the right treatment for cancer is only provided by the private hospital and getting treatment in a private hospital is quite expensive. Most people can’t afford the expenses of a private hospital and that’s why they can’t get the proper treatment that they deserve most. In this scenario cancer policy, will help you not only financially but also mentally, and having an insurance policy is like a stress booster.
Here, we are providing details for some of the top cancer plans.
| Insurance Company | Plan Name | Entry-Exit Age | Sum Assured | Policy Terms |
| Aditya Birla Sun Life Insurance | ABSLI Cancer Shield Plan | 18 – 65 years | 10-50 Lakhs | 5-50 years |
| ICICI Prudential Life Insurance | ICICI Pru Heart/Cancer Protect | 18 – 65 years | Cancer – 2- 50 Lakhs Heart – 2- 25 Lakhs | 5-40 years |
| Bajaj Allianz | Bajaj Allianz Critical Illness Insurance | 91 days to 80 years | 1 -50 Lakhs | 1 year |
| Bharti AXA | Bharti AXA Critical Illness Insurance Plan | 3 months-55 years | N/A | 1 year |
| Cholamandalam Health Insurance | Chola MS Critical Healthline | 18-65 years | 3,5, & 10 Lakhs | 1,3,5 years |
| Go Digit | Digit Cancer Health Insurance | 20-65 years | 10-50 Lakhs | 10-30 years |
| Edelweiss Tokio | Edelweiss Platinum Health Insurance | N/A | Up to 1 Crore | N/A |
| Future Generali | Future Generali Cancer Protect Plan | Adult:18- 65 years Children 1-17 years | Adult:10- 40 Lakhs Children 10 Lakhs | 5 years |
| Iffco Tokio | Iffco Tokio Family Health Protector Policy | 18-65 years | 1.5 Lakhs- 5 Lakhs | N/A |
| Kotak Health Insurance | Kotak Critical Illness Plus Rider Benefit | 18-65 years | Up to 5 Lakhs | N/A |
| Liberty General Health Insurance | Liberty Health Insurance | N/A | N/A | N/A |
| Niva Bupa Health | Niva Bupa Criticare Health Insurance Plan | N/A | 3 Lakhs to 2 Crore | 1-2 years |
| ManipalCigna Health | Manipal Lifestyle Protection – Critical Care Health Plan | N/A | Up to 25 Crore | N/A |
| National Health Insurance | National Critical Illness Policy | 18 -65 years | 1 – 75 Lakhs | 1 year |
| New India Health Insurance | New India Assurance Cancer Medical Expn-Individual Plan | Up to 70 years | 50,000 – 2 lakhs | 1 year |
| Oriental Health Insurance | Oriental Insurance Company | N/A | N/A | N/A |
| Care Health Insurance | Care Cancer Insurance Policy | 5-50 years | 10 Lakhs- 2 Crores | 1/2/3 years |
| Raheja QBE Health | Raheja Cancer Insurance | 1-70 years | 1- 10 Lakhs | N/A |
| Royal Sundaram | Royal Lifeline Elite Health Insurance Plan | 18 years above | 25 Lakhs-1 Crore | N/A |
| Reliance Health Insurance | Reliance Critical Illness Plan | 18- 65 years | 5, 7, & 10 Lakhs | N/A |
| Star Health & Allied Health Insurance | Star Cancer Care Gold Insurance Plan | 5 months- 65 years | 3-5 Lakhs | N/A |
| SBI Health Insurance | SBI Critical Illness Insurance Policy | Up to 65 years | Up to 50 Lakhs | 1-3 years |
| Tata AIG Health Insurance | Tata AIG Critical Illness Health Insurance Plan | 18-65 years | 2.5-15 Lakhs | N/A |
| United India Health Insurance | United India UNI Criticare Health Insurance Plan | 21- 65 years | 1, 3, 5 & 10 Lakhs | N/A |
Conclusion
Cancer brings financial & emotional setback that is extremely difficult to bear for you & your family. Buy Cancer health insurance plans prove to be a helping hand in this tough time. It helps you to pay off mammoth medical bills arising from cancer diagnosis & treatment. Thus, you are advised to go through some cancer cover health insurance plans and choose one that provides a comprehensive cover against the heavy costs of its treatment and related expenses.