BROCHURE
ENQUIRY

Plan Overview

Star Critical Illness Multipay Insurance provides a lump-sum benefit upon diagnosis of specified critical illnesses related to Cancer, Heart, Brain, Nervous System, and Major Organ conditions. This plan offers financial protection to help you combat the high costs associated with critical illnesses.

Policy Term & Eligibility

  • Available for 1, 2, or 3-year terms.
  • Individual policy.
  • Eligible for persons aged 18 to 65 years.

Sum Insured Options

  • Minimum Rs. 5,00,000 to Maximum Rs. 25,00,000 (in multiples of Rs. 1,00,000).
  • For earning persons: up to 12 times annual income (age 18-35), 10 times above 35 years.
  • For non-earning persons: up to Rs. 15,00,000.

Key Benefits

  • Lump-sum payout on first diagnosis of any covered critical illness.
  • Coverage for up to four occurrences of major diseases from different groups.
  • Each group covers various critical illnesses like cancer, heart conditions, brain disorders, organ failures, and more.
  • Waiting period of 12 months between claims.
  • No medical exam required up to age 50 (some conditions apply).
  • Instalment premium payment options available (Quarterly, Half-yearly, Annual, Biennial, Triennial).

Covered Major Diseases (Selected Examples)

  • Cancer of specified severity
  • Myocardial infarction (Heart Attack)
  • Stroke with permanent symptoms
  • Kidney failure requiring dialysis
  • Blindness, deafness
  • Major organ transplants and other serious conditions

Star Wellness Program

  • Rewards healthy lifestyle activities with wellness points.
  • Earn premium discounts on renewal based on points.

Exclusions

  • Illnesses not listed as critical illnesses.
  • Pre-existing diseases within 36 months prior to policy start.
  • Critical illness caused by substance abuse, self-injury, war, nuclear contamination, cosmetic surgery (with exceptions), and participation in hazardous sports.
  • Treatment related to childbirth, experimental treatments, and infertility.

Claim Process

  • Submit claim form, medical certificate, diagnostic reports, discharge summary, KYC documents, and bank details.
  • 24/7 helpline assistance available.

Renewal & Cancellation

  • Policy renewable as long as at least one disease group remains unclaimed.
  • Cancellation allowed with premium refund on unexpired period (conditions apply).
  • No enhancement of sum insured on renewal.

Tax Benefits

Premium payments eligible for deduction under Section 80D of the Income Tax Act.

Scroll to Top