Amidst various financial commitments and responsibilities, securing your financial well-being is paramount when it comes to loan obligations. This is where HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan can be of great help. It caters to individuals availing loans from various financial institutions.
HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan offers a robust shield against 42 critical health issues and surgical procedures. This ensures policyholders are adequately protected during times of medical emergencies. Notably, the plan goes beyond conventional health coverage and extends its protective umbrella to encompass instances of cardiac arrest, loss of employment, and diagnosis of major illnesses.
In this guide, we will dive deeper into the specifics of HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan, exploring its unique features, eligibility criteria, and more.
Key Features of HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan
HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan can provide a wide array of benefits tailored to meet the diverse needs of individuals seeking financial protection. Here’s a concise breakdown of its key features:
- Sum Insured: Rs. 1 Lakh to Rs. 5 Crore
- Policy Tenure: 5 years for continued peace of mind
- Network Hospitals: 12,000+ to facilitate easy access to quality healthcare services across the country
- Pre-Existing Diseases Waiting Period: 4 years
- Specific Diseases Waiting Period: 2 years
- Initial Waiting Period: 30 days
Also Read: What is HDFC ERGO Health Insurance?
Benefits of HDFC ERGO my:Credit Comprehensive Suraksha Insurance Policy
HDFC ERGO my:Credit Comprehensive Suraksha Insurance Policy is crafted to provide holistic coverage for individuals dealing with loans and financial commitments. Here’re some of its benefits:
- In instances of acute illness or surgery, the policy extends financial support by paying a percentage of the sum insured or the entire sum insured (waiting period regulations are applicable, regardless of the type of surgery or illness).
- Encompassing various illnesses and medical procedures, Women’s Health Cover offers comprehensive protection. The insured receives the entire sum insured or a percentage thereof, depending on the specific illness or surgery undergone.
- Sachet Critical Illness benefit ensures financial coverage for surgical procedures or critical health conditions. The payout here is determined based on the initial diagnosis after the waiting period
- Recovery Benefit is applicable in cases of hospitalization, whether at a medical facility or home (domiciliary hospitalization).
- Pre-diagnosis cover shoulder expenses incurred 30 days before the diagnosis of a critical illness or major surgical procedures.
Inclusions of HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan
- Hospital cash benefit to provide financial support for each continuous 24-hour period of hospitalization or as specified by the healthcare provider (even in the case of domiciliary hospitalization)
- Loss of job cover to cover the job loss triggered by the diagnosis of a medical illness or permanent disablement within six months of voluntary resignation or termination
- An annual preventive health check-up session at any of the 12,000+ network hospitals
Exclusions of HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan
While the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan provides extensive coverage, you also need to be aware of its exclusions to ensure a clear understanding of the policy limitations. Some of the common exclusions are:
- Tests conducted for diagnostic or evaluation purposes, as well as treatments unrelated to the insured’s health conditions
- Surgeries performed with the primary intention of weight loss or addressing obesity
- Injuries or incidents arising from participation in adventure sports or hazardous activities
- Any cosmetic or plastic surgery aimed at altering the insured’s appearance
- Services obtained from healthcare providers explicitly excluded from the insurance policy
- Violation of policy terms resulting from the insured attempting to commit a breach of law
- Any form of treatment lacking scientific validation or considered unproven
- Procedures undertaken for infertility or assisted reproduction services
While the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan provides comprehensive protection, being mindful of its inclusions and limitations ensures a well-rounded approach to financial planning and risk management.
Recommended Read: All About HDFC ERGO Optima Senior Plan
HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan Eligibility Criteria
- Minimum Entry Age: 16 years
- Maximum Entry Age: 65 years for adults
- Renewability: 5 years
FAQs
Is opting for the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan a wise choice?
Choosing the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan can prove to be a prudent decision for individuals seeking comprehensive health coverage. This insurance plan safeguards against various health conditions/illnesses and extends valuable inclusions, encompassing mental health care, pre-policy check-ups, and more. The plan’s well-rounded features and provisions make it a reliable choice to build a robust safety net in the face of life’s uncertainties.
Are there any advantages to acquiring the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan?
Buying this HDFC ERGO health insurance plan offers the insured individual tax benefits under Section 80D of the Income Tax Act. This benefit serves as an added incentive.
Does the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan offer a companion benefit?
The HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan includes a companion benefit. This thoughtful provision ensures that if an individual accompanies the insured in the event of hospitalisation, an additional sum insured amount will be provided. This underscores the plan’s commitment to holistic coverage and acknowledges the importance of companionship during challenging times.
Is the HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan suitable for all age groups?
Yes, the Plan caters to a broad age spectrum, accepting individuals from 16 to 65 years. This inclusivity ensures both young adults seeking financial security and individuals approaching retirement can benefit from its extensive coverage.
How can I renew my HDFC ERGO my:Credit Comprehensive Suraksha Insurance Plan after five years?
Renewing your plan is easy. Simply contact the HDFC ERGO customer service or visit their online portal to initiate the renewal. The plan offers renewability at five-year intervals.
Disclaimer:
The information presented on this blog regarding insurers, their products, services, or offerings is exclusively for informational purposes. It may be subject to updates without prior notification and should not be construed as professional advice or a suggestion to obtain any specific insurance product or service. Your reliance on such information is entirely at your own discretion and risk.