Mobikwik in collaboration with Aditya Birla Health Insurance has launched pure cancer protection cover where it indicates that such protection is offered as low as Rs 125 per year. If there is a family history, considering cancer protection can help individuals if they are diagnosed with Cancer. What are the features of Mobikwik Cancer Protection Cover? Should you opt for Mobikwik Cancer Protection Cover?
Also Read: Best Cancer Insurance Plans in India
Why Cancer Protection plan?
According to industry reports in India, more than 10 lakh individuals are falling prey to cancer every year. As per National Health Profile data for 2019, cases of common cancer, including oral, cervical and breast cancer, diagnosed at state-run NCD clinics increased by nearly 324% between 2017 and 2018. While in 2018, out of 6.5 crore people who visited these clinics for screening, 1.6 lakh people were diagnosed with one of these common cancers, compared to 39,635 cases detected in 2017.
Features of Mobikwik Cancer Protection Cover
This is pure cancer protection plan which is launched in collaboration between Mobikwik and Aditya Birla Health Insurance.
You can take this plan from Mobikwik App itself.
You do not need any paperwork to take this cancer protection plan.
You need not to undergo medical tests for this health insurance plan.
This plan protects from major stages of Cancer. The policy offers 100% payout on detection at all stages of cancer. No need to admit in hospital to claim this amount.
Any individual in the age group of 18 to 60 years can consider this cancer protection plan.
The sum assured is between Rs 1.5 Lakhs to Rs 7.5 Lakhs.
Premium for Rs 1.5 Lakhs sum assured comes to Rs 125 per year.
You can take multiple policies to increase the sum assured. E.g. while the max sum assured is Rs 7.5 Lakhs, you can take 2 policies so that your sum assured is Rs 15 Lakhs.
Smokers can also take this cancer plan without any medical tests, though they are prone to cancer.
It also offers value added services for preventive care.
What is the coverage in this insurance plan?
This policy provides cover for various types of cancer, including breast, cervical, oral cavity, lung, and colorectal. This consists of around 47.2% of all cancers in India. This policy also extends its cover to smokers without asking for medical documents, to eradicate cancer among those who are prone.
Additionally, it allows guaranteed cash value, guaranteed saving benefits to nurse adequate protection.
What are the premiums for Mobikwik – Aditya Birla Cancer Protection Cover?
Here is the approximate premium of this cancer protection plan.
1) For Rs 1.5 Lakh sum assured, premium works out to be Rs 125.
2) For Rs 4.5 Lakh sum assured, premium works out to be Rs 375.
3) For Rs 7.5 Lakh sum assured, premium works out to be Rs 625.
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Should you opt for Cancer Protection Cover from Mobikwik?
If there is a family history, one should definitely consider cancer protection plan to avoid huge unexpected expenses. Unlike health insurance plan where these would be paid to hospitals, such cancer protection plans pay directly to policyholders so that they can get cancer treated at affordable hospitals. There are several cancer protection plans in India. One should consider their features, benefits, exclusions from the policy, coverage of all stages of cancer and finally, premium before opting for cancer protection plans.
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Suresh KP
Mobikwik Cancer Protection Cover at Rs 125 – Should you opt
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Is this the death benefit amount or they will pay for the medical treatments?
Kindly advise..