SBI Sampoorn Cancer Suraksha - Complete Cancer Protection Plan

The treatment cost of cancer is growing every day because the number of cases diagnosed is increasing worldwide. Savings, emergency funds and your budget can be completely wrecked if proper planning regarding treatment expenses is not made. Some of the main reasons you should opt for cancer insurance is the early signs of cancer in your family. If your family has a history of prolonged cancer, apply for a cancer insurance policy so that an emergency situation does not cause panic.

With a cancer insurance plan, you can secure your family's expenses and the treatment cost simultaneously. You will not have to worry about the budget and Income restrictions. This insurance plan covers almost all types of cancer, which makes it a good option to opt for.

SBI Sampoorna Suraksha is one such policy that can provide you with all-around cancer treatment without the worry of emergency expenses and future costs.

SBI Life Sampoorn Cancer Suraksha

This is an individual, non-participating and the non-linked health insurance pure risk premium product, which provides insurance cover for cancer diagnosis and future treatments. Here are the key features of this plan:

1. Benefit structure

The SBI Sampoorna Cancer Suraksha Policy provides three types of benefits, namely Standard, Classic and Enhanced Benefit. Their classification is mentioned in the table below:

2. Medical Examination

There is no need for any medical examination during the purchase of this plan.

3. Second Medical Opinion

SBI Sampoorna cancer Suraksha provides an option of the second opinion for cancer diagnosis. This is provided by Medguide India, which is an independent body. This option can be availed anytime during the policy tenure.

4. Claim Process

The claim process for this plan is completely hassle-free. The clean Gali period as per the benefit structure you choose and not per the treatment expenses incurred after diagnosis.

5. Premium Waiver

Under the standard benefit plan, if you submit a claim for the first minor stage cancer diagnosis, your premium for the first 5 years will be waived off. However, this benefit is only applicable to the 1st minor stage cancer diagnosis. The claim under the classic and the enhanced plan of the diagnosis of first major stage cancer, the premium for the entire policy term is waived off.

6. Tax Benefits

You can claim income tax benefits as per the norms under section 80D of the Income Tax Act 1961.

7. Survival Period

For the claim to be valid, the life assured should have survived for a period of five days from the date of diagnosis.

8. Sum Assured Discount

The discount on the sum assured is mentioned below:

9. Nomination

Nominations under this plan will be as per Section 39 of the Insurance Act 1938.

10. Assignment

Assignment under this plan will be as per Section 38 of the Insurance Act 1938.

Eligibility Criteria

The eligibility criteria for the plan are mentioned below.

Remember that all the reference to age below is age as on last birthday.

Documents Required

• A copy of policy document
• Doctor's Certificate
• Proof of diagnosis of Cancer including medical reports

SBI Life Insurance Customer Care

You can contact them on 1800 267 9090 between 9 am to 9 pm. You can also SMS ‘CELEBRATE’ to 56161 or mail them at info@sbi.co.in

Conclusion

You can choose the SBI Life Insurance plan if you wish to avail cancer treatment at an affordable cost. This plan will help you manage your budget and treatment expenses, thereby providing complete family protection.