Canara Bank Health Insurance

Canara Bank health insurance provides essential financial protection during medical emergencies, exclusively for Canara Bank account holders. The mediclaim policy is specifically designed to offer a lump-sum amount on being diagnosed with listed critical illnesses. However, customers can avail themselves of health insurance coverage as long as the bank has a tie-up with the insurer and the linked Canara Bank account remains operational.

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      Canara Bank Health Insurance: Key Highlights

      Categories Specifications
      Pre-existing Diseases Covered from the first day of policy inception
      Validity of Canara Bank health insurance plans 1. As long as the customer has an operational Canara Bank account
      2. As long as the partnership between Canara Bank and the insurance provider is in effect
      Riders No riders are mostly available
      Premium Payment Auto-debited from the linked Canara Bank account
      Tax Benefits Available u/s 80D of the Income tax Act, 1961

      Disclaimer: PED waiting period may vary depending on the terms and conditions of the Canara Bank health insurance policy.

      Benefits of Canara Bank Health Insurance

      The following are some of the key benefits of the Canara Bank health insurance policy for account holders:

      1. Affordable Premiums

        Canara Bank health insurance plan is more cost-effective than many standard health insurance policies. This is because the bank partners with the insurance provider to offer an exclusive plan to its account holders at reduced premium rates. In fact, Canara Bank may extend further discounts and special offers, helping customers save money.

      2. Coverage for Pre-Existing Conditions from Day One

        Unlike many mediclaim plans, the Canara Bank health insurance policy may cover pre-existing diseases, including diabetes, asthma, and hypertension, from day 1. This provides immediate financial protection for people with ongoing health issues.

      3. No Intermediaries Involved

        Canara Bank account holders can purchase a mediclaim policy directly through the bank without needing to approach an insurance agent. This allows customers to review available plans on their own and choose the one that best suits their healthcare needs and budget.

      4. Easy Premium Payments

        The Canara Bank health insurance premium is automatically deducted from the customer's Canara Bank account on the due date. This ensures timely payment and reduces the risk of policy lapse.

      5. Convenient Banking and Insurance Services

        With both banking and insurance services handled by Canara Bank, customers can enjoy a more streamlined and convenient experience.

      6. Plans for Individuals and Families

        Canara Bank health insurance is suitable for people of all age groups, including adults as well as senior citizens. The policy is designed in such a way that it provides Canara Bank account holders complete freedom to pick and choose the cover they need.

      List of Plans Offered by Canara Bank Health Insurance

      Here is the health insurance policy provided by the Canara Bank:

      Canara Bank Health Insurance Plans Sum Insured Ideal For
      Health First Plan ₹5 lakh to ₹50 lakh Critical illnesses

      Note: The above Canara Bank health insurance plan is as of May 07, 2025.

      What is Covered by Canara Bank Health Insurance?

      Listed below are the expenses covered by Canara Bank health insurance:

      • In-patient hospitalisation
      • Pre-hospitalisation expenses
      • Critical illness cover
      • Heart cover
      • Cancer cover
      • Ambulance expenses
      • Post-hospitalisation expenses
      • OPD treatment costs
      • Health check-ups
      • Home healthcare costs

      What is Not Covered by Canara Bank Health Insurance?

      Check out the expenses not covered by Canara Bank health insurance:

      • Injuries due to suicide attempt
      • Treatment for drugs or alcoholism
      • Cosmetic or plastic surgery
      • Dietary supplements and substances
      • Treatment for injuries sustained while breaching the law
      • Treatment for injuries due to participation in hazardous or adventure sports
      • Congenital external diseases
      • Unproven treatments

      Things to Keep in Mind While Buying a Canara Bank Health Insurance Plan

      Take a look at some of the things that must be kept in mind while buying a Canara Bank health insurance plan:

      • Plan Validity: The Canara Bank health insurance policy is valid only as long as the bank continues its partnership with the insurance provider and the customer holds an active Canara Bank account.
      • Coverage: Compared to regular mediclaim plans, the coverage offered under the Canara Bank health policy may be limited, making it essential for customers to carefully review what is included and excluded in the policy.
      • Insurance Provider Options: Only those insurers that have a partnership with the bank can offer plans under the Canara Bank health insurance scheme. As a result, the number of insurance companies to choose from may be limited.
      • Riders: Health insurance riders, commonly known as add-ons, which are generally offered in regular mediclaim policies, might not be included in the Canara Bank health plans.

      Canara Bank Health Insurance: FAQs

      • Q1. Is there Canara Bank health Insurance for account holders?

        Ans: Yes, Canara Bank offers health insurance for account holders.
      • Q2. Are there any Canara Bank health insurance plans for family?

        Ans: Yes, Canara Bank provide health insurance plan for family.
      • Q3. What is the minimum and maximum entry age for buying Canara Bank health insurance?

        Ans: The minimum and maximum entry age for buying Canara Bank health insurance is 18 years and 65 years, respectively.
      • Q4. Does Canara Bank health insurance plan covers critical illnesses?

        Ans: Yes, the Canara Bank health insurance plan provides coverage for 26 major critical illnesses.
      • Q5. What coverage is offered by Canara Bank health insurance plan?

        Ans: The Canara Bank health insurance scheme offers major critical illness cover, heart cover, and cancer cover.
      • Q6. What is the cost of Canara Bank health insurance plan?

        Ans: The cost of a Canara Bank health insurance policy depends on various factors such as your age, coverage amount, and location. To get an estimate, refer to the Canara Bank health insurance premium chart or use the Canara Bank health insurance premium calculator available on the Policybazaar Insurance Brokers Private Limited website.
      • Q7. What information is available in the Canara Bank health insurance brochure?

        Ans: The Canara Bank health insurance brochure provides complete information about the features, benefits, inclusions, and exclusions of the Canara Bank health insurance plans.
      • Q8. Is there Canara Bank health insurance for senior citizens?

        Ans: Yes, Canara Bank health insurance for senior citizens is available that offers coverage for critical illnesses.
      • Q9. Where can I find Canara Bank health insurance details?

        Ans: You can find Canara Bank health insurance details either on the official website of the bank.
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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

      ~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ

      ##On ground claim assistance is available in 114 cities

      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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