I have an ICICI plan with major surgical benefit and critical illness riders for Rs 5 lakh each. Should I opt for Mediclaim or am I adequately insured?
The major surgical benefit and critical illness riders offered with an ICICI Pru policy are different products when compared with a Mediclaim policy. The riders give you lumpsum financial assistance on the detection of a critical illness or in the event of a specified surgical procedure. Mediclaim, on the other hand, reimburses the actual cost of the medical treatment. Owing to the difference in products, one can get the benefits under both simultaneously. Further, there is no thumb rule to determine how much cover is enough. It is you who have to decide whether you need more.