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The cost that an individual has to incur on cancer treatment, such as chemotherapy, radiation and surgery, can be quite expensive. For this reason, i.e. to protect one’s finances against cancer-related expenses, it is advisable to have a dedicated cancer insurance policy in place. Activ Secure - Cancer Secure by Aditya Birla Health Insurance is designed to provide financial security against cancer. With this product, an individual can be assured of a lump sum pay-out on the diagnosis of early, major or advanced stage cancer.
About Aditya Birla Health Insurance: Aditya Birla Health Insurance is a JV between Indian multinational conglomerate Aditya Birla Group and South African-based financial services group MMI Holding Ltd. The health insurance company offers a range of insurance options that take care of various healthcare needs. Besides Cancer Secure, Aditya Birla Health Insurance offers Personal Accident cover, Critical Illness cover, Hospital Cash under its Activ Secure umbrella.
(Note - All the information listed on this page has been sourced from the official website of Aditya Birla Health Insurance.)
Cancer can strike anybody at any stage of life. Now, taking into consideration the rising number of cancer cases, it is best to be prepared well in advance. Having cancer insurance is the best way to plan for such contingencies. Activ Secure - Cancer Secure by Aditya Birla Health Insurance is designed to provide financial coverage against the high cost of cancer treatment. With this plan, one can get:
The Key Advantages Of Activ Secure - Cancer Secure Are:
Tax deduction can be claimed under Section 80D of the Income Tax Act, 1961, for premiums paid toward Activ Secure - Cancer Secure. For payments made for self, spouse, children and parents, the maximum deduction that can be claimed is Rs. 25,000 a year, provided the individual is not above 60 years of age. If the individual is a senior citizen, the maximum tax deduction is capped at Rs. 50,000
The Following Instances Are Covered Under Activ Secure - Cancer Secure:
The minimum age of enrolment is 18 years. There is no maximum limit on the age of entry.
An individual will have to submit certain documents to avail Activ Secure - Cancer Plan of Aditya Birla Health Insurance. The documents include:
The insured has to submit the below documents within 30 days of occurrence of the event:
With Activ Secure – Cancer Secure, an individual can stay protected for all stages of cancer by getting an insurance cover of 150%. This unique cancer insurance plan pays out on early stage (50% of sum insured) major stage (100% of sum insured) and advanced stage (150% of sum insured). Proceeds from the policy can be utilized to cover the costs associated with cancer treatment, like hospitalization, radiation, chemotherapy and surgery.
“Cancer runs in my family, so I am aware of how costly cancer treatments can be. I chose Activ Secure – Cancer Secure after comparing it with the other cancer policies in the market. What got my attention was that this plan pays 150% of coverage amount on diagnosis of advanced stage. That really set it apart from the other policies” - Varun, Delhi
“I purchased Activ Secure – Cancer Secure on the recommendation of my friend. The whole process was very easy and this policy was issued to me very quickly. I found the premiums to be reasonable and the features were as per my requirements” - Mukesh, Ahmedabad