With an additional cover of critical illness, you can provide financial stability to you and your family members. Keep Reading this article for more detail!
What is a Critical Illness Cover of PNB Mera Term Plus Plan?
Critical Illness benefit refers to the coverage offered for long-term and serious illnesses that generally need expensive medical treatment. The covered illnesses could be heart diseases, cancer, renal diseases, third-degree burns, liver diseases, paralysis, etc. The coverage provided is a safe way to safeguard you and your family’s peace of mind. The plan generally means that the insurance company will offer a lump sum payment on the diagnosis of a critical illness.
What Critical Illnesses are Covered Under PNB (Mera Term Plan Plus)?
You can easily buy a specially designed PNB Mera Term Plus Plan that covers the below critical illnesses:
|List of Critical Illnesses Covered Under PNB (Mera Term Plan Plus)
|Cancer of specified severity
||Multiple Sclerosis with persisting symptoms
|Myocardial Infarction – First Heart of specified severity
||Benign Brain Tumor
|Open Chest CABG
|Open Heart Replacement and Repair of Heart Valves
|Coma of specified severity
||End-Stage Lung Cancer
|Kidney failure requiring regular dialysis
||End-Stage Liver Failure
|Stroke Resulting in Permanent Symptoms
|Major Organ/Bone Marrow Transplant
|Permanent Paralysis of Limbs
||Major Head Trauma
|Motor Neuron Disease with permanent symptoms
||Primary Pulmonary Hypertension
|Third Degree Burns
|Medullary Cystic Disease
|Systemic Lupus Erythematosus with Lupus Nephritis
||Severe Crohn’s Disease
|Pulmonary Aorta Graft Surgery
||Good Posture’s Syndrome
|Multiple System Atrophy
||Fulminant Viral Hepatitis
|Chronic Recurrent Pancreatitis
|Benign spinal cord tumor
How Does PNB Mera Term Plus Plan with Critical Illness Cover Work?
In this, the policyholder receives a lump sum amount on the diagnosis of critical illnesses specified above in the plan. As per the terms and conditions of the plan, detection of critical ailments may either continue or terminate the plan. Therefore, it is important to check the coverage amount before choosing any rider. PNB Met Life Mera Term plus plan has come up with a unique critical illness cover that includes lifestyle diseases as well. In addition to this, a policyholder can also opt for the benefits of hospitalization and non-hospitalization costs.
Benefits of Buying Critical Illness Cover with PNB Mera Term Plus Plan
When you buy a term plan with a critical illness cover, you can buy the following critical illness benefits:
This plan acts as an income replacement
The policyholder is not required to spend an extra amount as the premium amount stays the same
You can get double tax benefit with this add-on
It provides you additional coverage that can help fulfill your medical and daily expenses
It offers coverage for all major illnesses such as cancer, heart attack, bypass surgery, kidney failure, stroke, etc.
Wrapping It Up!
When it comes to the security of you and your loved ones, it is a wise decision to prepare for the worst and hope for the best. You can do the same by buying a critical illness benefit with a term plan for yourself and your family members. Go through all the above-mentioned points so that you can make an informed decision.