Our world today is busy managing one of the most severe pandemics it has ever witnessed.
Everybody, individuals to families, and corporates want to protect themselves from the viral infection which is more often than not done by opting for health insurance schemes that have a COVID-19 focussed cover.
However, it gets missed that non-communicable diseases like cancer account for more deaths every year than the total number of deaths reported due to the pandemic.it is mainly the impact of the COVID-19.
Cancer is dreaded across the accounts for more than 10 million deaths every year worldwide. Management is Better of the ailment requires an early diagnosis, followed up with requisite treatment.
As the result, it becomes difficult to bear the high medical cost of this ailment due to the complex nature of this disease and a prolonged period of treatment.
The proper way to manage the cost of cancer treatment is through a good Health Insurance plan. Further, an ICMR report suggests that there will be a 12% rise in the number of cancer cases by 2025.
Customers can avail themselves of the possible healthcare facilities after being diagnosed with the disease.
Sudden cancer can traumatize a person while harming their physical as well as mental health and while quickly & severely depleting their savings.
Health insurance Appropriate that is covered can take away the financial burden and add to their mental peace and enable necessary treatment to manage the disease.
Exactly cancer is a life-threatening condition that needs long-term treatment. One doesn’t have a family history of cancer and the disease might strike because of various other reasons.
The incidence rate of the disease is a propelling factor and there are several other reasons to buy a cancer-specific Health Insurance policy.
Marked With a rise in the number of cases, the cost of procedures and treatments like chemotherapy, radiotherapy, blood transfusion, hospitalization, and other medical facilities have also gone up. It’s all about medical inflation.
Cancer health indemnity does not just provide a one-time claim benefit to the customer but continues to cover the insured up to the Sum Insured every year as long as the treatment continues.
50 lakh sum insured policy pays up to this amount for every year of continued treatment, it a policy for life Buyers can avail tax deductions on premium paid up to Rs 75,000.
It is the tax benefits many health insurance companies provide a no-claim reward of up to 10% for every claim-free year.
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