Online edition of India's National Newspaper
Tuesday, Apr 18, 2006
Online edition of India's National Newspaper Tuesday, Apr 18, 2006 |
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Special Correspondent
NEW DELHI: ICICI Prudential Life Insurance on Monday launched a comprehensive insurance scheme that covers an individual for the entire expenses incurred on treatment of cancer, starting from the diagnosis stage. Healthy individuals, for a coverage amounting to Rs. 5-25 lakh, can purchase the product, Cancer Care, and the premium paid by the policyholder is eligible for tax benefit under Sec. 80D. "With about seven lakh new cancer cases detected every year in India, cancer is becoming a big problem as treatment is very costly," Managing Director of ICICI Prudential Life Insurance, Shikha Sharma, said here on Monday. The scheme includes cash payments to cover direct as also the incidental expenses that are associated with cancer with no financial burden on the patient. If cancer is detected at an advanced stage, the premium payment by the policyholder is waived, as the person will not be in a condition to work.
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International |
Opinion |
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Miscellaneous |
Engagements |
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