Critical Illness Cover: Protect Your Finances from Major Disease Treatment Costs

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Critical Illness Cover: Your Shield Against High Treatment Costs

गंभीर बीमारियों के लिए तैयार रखें 'क्रिटिकल इलनेस कवर'

N

News18•19-03-2026, 19:10

Critical Illness Cover: Your Shield Against High Treatment Costs

•Basic health insurance covers only hospital bills, leaving out major expenses for serious illnesses like cancer or heart attack.
•Critical Illness Cover provides a lump sum payment upon diagnosis of a covered serious illness (e.g., cancer, stroke, organ failure).
•Unlike indemnity-based regular health insurance, this cover gives you the full insured amount upfront, regardless of hospital bills.
•The lump sum can cover household expenses, EMIs, long-term medication, home care, and even home modifications.
•Purchasing at a young age offers a very low premium for protection worth millions, providing financial freedom during illness.

Read Full Article on News18 in Hindi

✦

More like this

✦

More like this

Representational image (Image: News18)

Critical Illness Insurance: Your Family's Financial Shield After a Health Crisis

फैमिली फ्लोटर प्‍लान लेते वक्‍त कुछ बातों का ध्‍यान रखना चाहिए.

Slash Hospital Bills: Choose the Best Family Floater Health Insurance at Low Premiums

Representational image (Image: News18)

Health Insurance for Seniors: The Ultimate Retirement Investment

Why Health Insurance Early in Your Career is a Smart Move

Why Health Insurance Early in Your Career is a Smart Move

Tax at Exercise (Perquisite Tax)
When options are exercised, the difference between FMV and exercise price is taxed as a perquisite under salary. This perquisite is added to the employee’s taxable income and subject to normal slab rates. Employers include it in the salary and deduct TDS. This ensures tax compliance at the point when employees derive economic benefit from the ESOP.
Example: FMV ₹6,500, exercise price ₹500, 100 shares → taxable perquisite ₹6,00,000.(Image: Canva)

March 31 Deadline: Optimize Income Tax with Health Insurance Benefits

Representational image (Image: News18)

GST 2.0 Reshapes Indian Healthcare: Major Tax Cuts, Insurance Exemptions Effective Sept 2025