The kidneys are a pair of pea-shaped organs that help filter toxins from the blood and carry waste from the ureters to the bladder in the form of urine. It also regulates blood pressure and maintains water content. When one or both kidneys fail to perform this important function in the body, the effects can be fatal. Such kidney dysfunction or condition is known as end stage kidney disease (end stage renal disease) or kidney failure, which requires either regular dialysis or kidney transplantation. Long-standing diabetes mellitus and hypertension are the most common causes of this condition.
According to the Renal Foundation of India, the cost of hemodialysis (12 dialyses/month) is around Rs. 12-15,000/- while for peritoneal dialysis it is around ₹18 to 20,000/- per month. In case of transplantation, the average cost to the patient is around ₹ 4 lakh, and post-transplantation medication and treatment will require another ₹ 15-20 thousand. In case of kidney failure it becomes difficult to incur such huge medical expenses. Kidney dialysis or transplantation drains your accumulated savings and has an emotional impact on your family members.
Why is it necessary to buy HDFC Ergo Critical Illness Insurance Policy even if you have an indemnity health insurance plan?
A critical illness policy is a benefit-plan, as opposed to a traditional indemnity health insurance plan. In which a lump sum (sum insured) is paid only on diagnosis of any critical illness covered in the policy. If a particular treatment is recommended by your treating doctor, you are paid a lump sum under HDFC Argo’s Critical Illness Plan, which can be used for treatment, care and recovery. In some cases it can also be used to cover loan repayments, loss of income or adoption of lifestyle changes. Your savings may be spent on treatment for a critical illness, you may not be able to go to work, which affects your earnings, and may affect your regular lifestyle, during such difficult times you get a lump sum up to the cover you have chosen in a single transaction. becomes useful. Your existing health cover or employee health insurance may cover your medical expenses to some extent, but critical illness cover pays you a lump sum on first diagnosis or doctor’s advice.
Why choose HDFC Argo’s Critical Illness Plan for Kidney Failure?
You focus on your health, leave money worries with HDFC Argo Critical Illness Cover. In addition, the insurer will also provide financial assistance to your family if you are undergoing treatment and suffer loss of income due to it. A lump sum is paid in a single transaction on first diagnosis after a survival period of 30 days. This lump sum can be used to support care and treatment, help regain health, repay debts or compensate for loss of income due to reduced earning capacity. Additionally, by opting for critical illness health cover you can also avail tax benefits under section 80D.