By Tricitynews Reporter
Chandigarh
06th September:- Birla Sun Life Insurance
has announced the launch of BSLI Cancer Shield Plan, a plan that helps you
fight Cancer with the confidence of financial security for your family should
the need arise. This covers both early and major stages of Cancer and provides
you a lump sum amount on diagnosis helping you meet the related expenses and
financial obligations that come along.
The customer is provided
30% of sum assured on illness on diagnosis of the early stage of Cancer and
100% of sum assured on illness on diagnosis of major stage of Cancer less
previously paid claim of early stage of Cancer if any. It gives the customers
option to enhance their plan by availing income benefit option that provides
them 1% of sum assured on illness monthly for a fixed period of next 5 years
once a claim for Major stage Cancer has been admitted. The plan also provides
customers the option to choose between level sum assured option that keeps the
sum assured constant each year and an increasing sum assured option, that
enables you to a 10% increment in sum assured each year at a maximum of 100%
addition on initial sum assured.
Speaking on the launch,
Pankaj Razdan, MD & CEO, Birla Sun Life Insurance said that Cancer cases
are increasingly reflecting an increasing trend in India. According to WHO
report, over 1 million new cases are reported in India each year while about
6.8 lakh people die due to cancer in India p.a. Although, medical science has
developed new techniques and medicines to cure and manage the disease, the cost
of treatment still remains exorbitant and unaffordable for most patients
suffering from cancer.
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