MoneyLens / Critical illness & accident
Your lump-sum cover, explained.
Sharavathi CritiCare · Sharavathi Health Insurance Ltd
Illustrative
Critical illness policy · Policy held
Policy 1 Aug
Lump sum
₹10,00,000
on one of 12 illnesses
Illnesses covered from
30 Oct 2025
after 90 days
Paid
30 days
after a diagnosis, if the person survives
Early stage
25%
the rest stays for later
₹10,00,000 as a lump sum on diagnosis of one of 12 listed illnesses, paid 30 days after it, for ₹19,400 a year. 2 of the illnesses use the insurer's own definitions. It pays a fixed amount, not hospital bills; the insurer decides each claim against the policy's definitions.
Myra's most important observations
Myra can help you
Every answer includes
- Direct answerFirst line
- EvidenceClause & page
- CalculationRun by code
- What to verifyAlways stated
- Draft to the lenderWhen useful