Multiple Sclerosis Critical Illness Insurance
Multiple sclerosis is an unpredictable, disabling disease of the central nervous system that hampers the flow of information within the brain and body. Though the trigger to multiple sclerosis is still unknown, the effects of this disease could be life threatening. As per national MS society 2.3 million people are affected by multiple sclerosis, anybody between the age group of 20-50 years may suffer from multiple sclerosis.
The symptoms vary greatly from person to person, and it progresses with time. Symptoms are pain, vision loss, fatigue, impaired muscle coordination, leaking of urine or retention of urine etc. It is a debilitating disease that has no such cure but several lines of treatment and medications to manage symptoms. It cripples one financially too
Why is it important to opt for HDFC ERGO Critical illness Insurance Policy, even if you hold an indemnity health insurance plan?
Critical illness policy is a benefit-plan unlike the conventional indemnity health insurance plans. A lump sum amount (Sum Insured) is paid just upon diagnosis of any of the listed Critical Illness covered in the Policy. In case, your treating doctor recommends a certain line of treatment, critical illness plan by HDFC ERGO will give you a lump sum benefit in one transaction that may be used to pay for the treatment, care, and recovery. The money may also be useful for paying off debts, substituting lost income, or even in adapting to lifestyle changes in some cases. Treating a critical illness may drain away your savings, restrict you from working and earning and affect your routine lifestyle, hence a lump sum benefit in one single transaction up to your opted cover is best for during tough times. Your existing health cover or employee health insurance may cover your medical expenses up to a certain extent, however critical illness cover will offer you a lump sum benefit in one single transaction on first diagnosis or advice issued by a medical practitioner.
Why Choose HDFC ERGO’s Critical Illness Plan for Multiple Sclerosis?
You may concentrate on your health, while HDFC ERGO Critical Illness cover takes care of the funds. Apart from this, the insurer will also offer monetary support to your family, in case you are busy getting a treatment and there is a loss of income. The lump sum amount is paid in one single transaction on the first diagnosis after a survival period of 30 days. This lump sum amount can be utilized for care and treatment, recuperation aids, paying off debts or fund any lost income due to a decreasing ability to earn. Additionally, by opting for critical illness health covers you can also enjoy tax benefits under section 80D.