A comprehensive term plan that covers you against a critical illness as well as secures your family against your sudden and untimely demise provides you complete protection and security. Here we tell you 5 reasons why.
1. Death after a long illness
When you have to fight with an illness for a long time, you need funds to take care of routine payments like utility bills, children’s fees, and home loan EMI’s etc. Even after having the funds and the right treatment, you may meet with an unfortunate demise. In such case, your family further needs financial security for their future. A comprehensive policy provides financial back-up in any situation.
2. Financial protection for transplants
In case you require an organ transplant, the costs of the same can be humongous with out-of-pocket costs like your own transportation or that of the donor. If the organ is being donated posthumously, the transplant has to be done immediately. In such cases, you may needs funds to get admitted to a hospital of your choice or where the organ location is. Even if you are covered by a medi claim, you may not be able to avail of cashless facility for the same. If God forbid, the transplant has an unfavourable result and you meet with an unforeseen demise, your family would need financial security for life.
3. Taking care of your parents and kids
If you are the breadwinner of your family and have the responsibility of tending to your aged parents and young kids, both of whom are unable to add to the income of the family, an unfortunate event can burden your spouse immensely. This event can be in the form of a critical illness or your unfortunate demise. A comprehensive term plan like Total Secure+ can keep your family prepared for any eventuality.
4. Lifelong conditions
In conditions like blindness, deafness, Parkinson’s and kidney damage requiring dialysis, you may be confined indoors for the rest of your life. This may mean that you may not be able to contribute to the family income. This, added to the fact that you may require to be taken care of would put a lot of pressure on your family. If you have a lump sum amount, you can opt for hiring professional care for yourself so that your spouse may be able to bring food to the table by working till you are around.
Follow-up procedures like cosmetic surgery in case of burn injuries and using prosthetic limbs etc are not taken care of by your medi claim policy. If you are an amputee, you can still live a fuller life with prosthetic limbs. History has seen dancers and sportsmen performing with prosthetic and artificial limbs. The amount that you receive as a critical illness benefit may be helpful in giving you a new lease of life. You would also be having peace of mind knowing that if things don’t fall in place, at least your family’s future is protected.
Edelweiss Tokio Life Total Secure+ provides you coverage against 35 critical illnesses. Generate a quote today and find out how it would help you in securing yourself and your family’s future completely.