- Early Stage of Cancer - On diagnosis of Early Stage of Cancer,
30% of the Sum Assured on Illness will be paid.
- Major Stage of Cancer - At the Major Stage of Cancer, 100% of the
Sum Assured on Illness less any previously paid claim for Early Stage of Cancer
under the policy will be paid.
Sum Assured on Illness is the highest of:
- 10 times the Annualized premium; or
- 105% of Total Premiums Paid till the date of a valid claim; or
- Effective Sum Assured
The only illness covered under this plan is Cancer.
Annualized Premium is the premium amount payable in a year chosen by the
policyholder, excluding the taxes, rider premiums, underwriting extra premiums
and loadings for modal premiums, if any.
Total Premiums Paid means total of all the premiums received, excluding any
extra premium, any rider premium and taxes