Life insurance is a crucial investment that we make to secure the financial future of our loved ones. However, what if you have a pre-existing condition such as liver problems? Can you still get life insurance coverage? The answer is yes, but you may have to pay a higher premium.
Many insurance providers offer coverage to individuals with liver problems, but it is essential to understand the terms and conditions before making a purchase. The premium you pay depends on several factors, including the severity of your condition, your age, and your overall health.
Having liver problems means that you are at a higher risk of developing other health complications, such as liver cancer, cirrhosis, or hepatitis. This makes it challenging to find an insurance policy that offers critical illness cover. However, some policies offer coverage against specific critical illnesses, including those related to liver problems.
One such policy is the Canara HSBC Life Insurance iSelect Smart360 Term Plan. It provides coverage against 40 critical illnesses, including liver-related conditions such as liver cancer, liver failure, and chronic liver disease. This policy can provide you with financial security in case you face any such health challenges in the future.
Here are some benefits of the plan:
No future premiums if diagnosed with covered Critical Illness or occurrence of Accidental Total & Permanent Disability, if opted – This means that if you are diagnosed with any critical illness or experience accidental total and permanent disability, you don’t have to pay any further premiums. The policy will continue to provide coverage as agreed initially.
Additional Lump sum payment in case of Critical Illness, Accidental Total & Permanent Disability, or Accidental Death, if opted – The policy provides an additional lump sum payment if you are diagnosed with a critical illness, experience accidental total and permanent disability, or accidental death. This can help cover the costs of medical treatment or any other expenses that you may incur.
Option to augment cover with accelerated Terminal Illness Benefit – This feature allows you to increase your coverage by opting for an accelerated terminal illness benefit. This means that if you are diagnosed with a terminal illness, you can receive a lump sum payment to cover the costs of treatment or any other expenses.
Life cover till 99 years of age – The policy provides life cover till the age of 99 years. This ensures that your family is financially protected even in your golden years.
Option to get a return of total premiums paid in case of no claim – If you do not make any claims during the policy term, you have the option to get a return of all the premiums paid. This is an excellent feature that provides a financial cushion in case you do not need to use the policy.
Conclusion
In conclusion, having liver problems should not deter you from buying life insurance. You can still get coverage, albeit at a higher premium. However, it is essential to choose a policy that provides coverage against critical illnesses related to liver problems. The Canara HSBC Life Insurance iSelect Smart360 Term Plan is an excellent option for individuals with liver problems. It provides coverage against 40 critical illnesses, including liver-related conditions, and offers several benefits. Explore the product online and make an informed decision.
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