July 22, 2021
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India is considered to be the spice capital of the world. Historically, we have been trading spices and sending them all across the world. May be that’s the reason too much of sweetness doesn’t work for us. The fact is Indians are genetically predisposed to diabetes and the current sedentary lifestyle along with food habits is not helping the cause! As per the latest statistics on the disease India has as many as 62 million diabetic patients and this number would swell to approximately 100 million by 2030. Having a health insurance plan for diabetes is therefore a must to keep the costs of managing the disease under control.

Here’s a nifty list of some of the best plans available in the market for you to choose from:

The important features of this insurance plan are:

  • Anyone suffering from Diabetes Mellitus or those with the risk for Diabetes Mellitus can purchase this plan
  • Age limit is fixed from 18 to 65 years
  • You can have a sum assured in the range of 3, 4, 5, and 10 lakhs
  • You can either have single plan or a floater policy
  • It offers the facility of automatic restoration of sum assured to 100%, but only for the single plan
  • It covers all complications arising out of diabetes from day 1 of the policy

2) ICICI Prudential – Diabetes Care Plan

Following are the important attributes of this plan:

  • It is valid for 5 years
  • Anyone within the age group of 25-60 years suffering from Type 2 Diabetes or Pre Diabetes can buy the plan
  • The options for sum assured are Rs. 3 lakhs, Rs. 5 lakhs and Rs. 10 lakhs
  • You can file the claims only after surviving for 28 days from the date of diagnosis of the disease
  • As per the policy, if you’re diagnosed after 1 year of buying the policy, you will get 100% sum assured.
  • If it happens within 6-12 months, then you’re eligible for 50% of sum assured and if it’s within 6 months of buying the policy, you will get cumulative premiums paid till that date
  • The best part is you can reduce your premiums if you’re able to contain and manage the disease with lifestyle changes and following medical advice properly

3) HDFC ERGO general Health Insurance – Energy Plan

Some of the major traits of this plan are mentioned below:

  • This plan caters to Type 2 Diabetes, Impaired Fasting Glucose, Impaired Glucose Tolerance and/or Hypertension
  • It offers a policy term of 1 year with no age limit on renewability
  • It caters to patients between the age group of 18-65 years
  • Sum assured offered is in the range of 2, 3, 5, and 10 lakhs
  • If you’re able to control and manage your disease efficiently, you can get a discount of up to 25% on premiums
  • Another benefit that an insured can avail is getting medical expenses covered for harvesting organs from donors for organ transplantation

One of the first plans to be launched in India, this plan offers following benefits to the insured:

  • It is specifically designed for senior citizens aged between 60-80 years
  • The policy can be renewed till 90 years of age
  • It covers even the pre-existing diabetes at additional premiums.
  • The basic sum assured offered is Rs. 1 lakh that can go up to Rs. 2 lakhs with critical illness rider
  • If the insured had any insurance policy 3 years prior to buying this plan, he would be exempt from any medical check up
  • It limits the claims arising due to cataract surgery up to a maximum of Rs. 10,000/- and from Benign Prostatic Hyperplasia up to a maximum of Rs. 20,000/-

Hope this information helps you in selecting the right plan. Many policies have a long waiting period before they cover you for pre-existing disease. With these plans, you can manage your disease easily and without complications. Make your decision wisely!

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Insurance

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