Apollo Munich Health unveils new rider
Apollo Munich Health Insurance, a leading health insurance company, on Tuesday said it launched Critical Advantage, a critical illness rider for overseas coverage.
Hyderabad: Apollo Munich Health Insurance, a leading health insurance company, on Tuesday said it launched Critical Advantage, a critical illness rider for overseas coverage. The new offering not only covers treatment for eight illnesses abroad, but also the travel and accommodation of one family member, in addition to the insured on cashless basis.
Easy Health and Optima Restore customers with sum insured of Rs 10 lakh or more can purchase the new rider in order to mitigate specific ailment costs that they would want to get treated at medical facilities outside India. “There are some instances when Indians choose to travel abroad for medical treatment and the costs associated with medical care, as well as travel, and accommodation for the accompanying family members is a big concern.
The Critical Advantage rider is a very friendly cashless cover, without any co-pay clause or sublimits, to opt for planned treatment abroad,” said Antony Jacob, CEO, Apollo Munich Health Insurance. Critical Advantage covers illnesses such as neurosurgery, cancer, coronary artery bypass surgery, heart valve replacement or repair, live donor organ transplant, pulmonary artery graft surgery, aorta graft surgery and bone marrow transplant. The rider is offered on an individual basis and has two variants – $2.5 lakh(nearly Rs1.5 crore) and $5 lakh (about Rs 3 crore).