What Are The Illnesses Not Covered Under Critical Illness Policy?
Understanding the exclusions is as important as (if not more than) learning the list of diseases and treatments covered. Here are some examples of exclusions-
Illnesses as a result of self-injury or attempts of suicide.
Conditions caused by ionising radiation or contamination by radioactivity from nuclear fuel.
Congenital external diseases, defects, or anomalies.
Medical conditions developed as a result of substance abuse, use of illegal drugs, narcotics (unless prescribed by a medical practitioner), intoxicants, alcohol, hallucinogens, etc.
Any suicide attempts or self-inflicted injuries, regardless of the person’s mental condition.
Sexually transmitted diseases like AIDS, etc.
Adventure sports like kayaking, river rafting, parachuting, skydiving, etc.
Any sort of flying activity, except if the person is paying passenger in a commercial flight.
A criminal act with a criminal intent.
Any congenital external diseases, defects, or anomalies.
Pregnancy or childbirth related treatments.
Operations related to the navy, airforce, or military.
War, invasion, or terrorism.
Nuclear fuel combustion, nuclear, chemical or biological attack.
Any illnesses other than those listed in the policy
Note: This is an indicative and generalised list of exclusions and there may be more, depending on the insurer and the policy. Please go through the policy wording to know about its exclusions in detail.
To get the detailed list of the exclusions particularly applicable to your policy, refer to your critical illness policy document.
For instance, you buy a critical illness policy and get diagnosed with hepatitis due to alcoholism. However, it is mentioned in your policy that if your illness is a result of alcohol abuse, the cover will not be valid. Hence, the costs incurred while treating hepatitis will not get paid for.
Medical bills are a common cause of bankruptcy in our country. Critical illness insurance can take away some of the financial stress, when you cannot work anymore due to a serious medical condition. It also provides flexibility, as the payout money can be used to cover a wide variety of potential needs. Take out some time to research, and choose the critical illness insurance plan that offers optimal protection, without putting a huge dent in your pocket.