CANCER MEDICLAIM

Cancer Mediclaim Expenses – Group 

Eligibility

• Available to members of the Indian Cancer Society.
• Policy validity: 1 year from the date coverage starts.

Waiting Period

• 30-day waiting period for cancer claims from the first policy inception.
• This waiting period does not apply to renewals.

Coverage

• Covers the insured person and spouse.
• If one insured member develops cancer after the waiting period and makes a claim, coverage continues up to the insured amount.

Children Coverage

• Can be extended to cover up to 2 dependent children.
• Separate proposal form required for each child.
• Claim by one child does not affect coverage for other insured members.

Cumulative Bonus

• 5% increase in Sum Insured for each claim-free policy year.
• Maximum cumulative bonus: 50% of Sum Insured.
• Bonus is retained if renewed within 30 days of policy expiry.

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Claim Process

Notice of Claim

• Claim must be reported to the Indian Cancer Society/Company within 30 days of the event.
• Full claim details must be provided.

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Key Highlights

✅ 1-year coverage period
✅ Covers insured and spouse
✅ Optional coverage for dependent children
✅ 5% annual cumulative bonus
✅ Maximum 50% bonus accumulation
✅ 30-day waiting period for new policies
✅ Claim notification within 30 days