Critical Illness Insurance

Many people lack the healthcare insurance protection they need when major illness strikes. Many more face major health issues like cancer, heart attack, and stroke with no coverage at all. We believe everyone should have the opportunity to obtain critical care insurance to help fill the gaps and help cover the costs related to recovery from major illnesses.

Punjab Insurance Critical Care Protector offerings can do just that. They have supplemental insurance plans that are clearly written and easy to understand, so you can be sure it's the right plan for you and your family.

Five ways critical care insurance will cover you and your family.

  • HELPS PAY EXPENSES: Long-term recovery can include many unexpected expenses.
  • GUARANTED RENEWABLE: As long as your premiums are paid, your right to renew this critical care insurance policy is guaranteed until payment of the Section One benefit, which terminates the policy.
  • COVERS TODAY'S MOST CRITICAL CONDITIONS: We provide a lump sum benefit to you if you are diagnosed with one of the covered conditions.
  • BENEFITS PAID DIRECTLY TO YOU: This supplemental insurance policy pays you directly, in addition to all other insurance you may have.
  • FLEXIBLE COVERAGE OPTIONS: In some cases, you can choose to have your policy paid up in 20 years or have your premiums returned after 15 years.

What's Covered under Critical Care Insurance?

Punjab Insurance offers a critical care insurance which provides a lump sum benefit if you are diagnosed with, or receive treatment for Heart attack, Heart surgery (performed at a hospital by a physician), Cancer, Stroke, Brain tumor, Kidney failure, Organ transplant (heart, kidney, liver, lung, pancreas, Multiple Sclerosis, Paralysis (two or more limbs), Dismemberment (two or more limbs), Severe burns and Blindness.

How Much Critical Care Insurance Will You Need?

Though it is difficult to know exactly how much critical care insurance anyone will need to pay out of pocket expenses, an emergency insurance fund equal to one time your annual income may be sufficient. You can always choose more or less depending on your needs, but this amount is a good place to start.

Generally, the younger and healthier you are, the lower the premium (cost). However, the cost varies depending on your age, medical condition, the amount of coverage, the number of illnesses covered by the policy, and the insurance company. Make sure to shop, compare and get covered where you get the best rates. Your income, financial obligations, dependents in the family and your health care needs determine the cost of premium under Critical Care Insurance.