Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

World Heart Day: Why insuring your health matters

World Heart Day

World Heart Day is observed on the 29th of September every year to raise awareness of cardiovascular diseases (CVD). CVD is a major concern for people across the globe. As per WHO, an estimated 17.5 million deaths happen every year due to CVD worldwide, which represents 31% of all global deaths. Diseases related to the heart are becoming common among people across different life stages, which is a major health concern. 1 in 10, aged 30 to 70 years of age die from CVD. Earlier Coronary artery disease was labeled as a disease for senior citizens. But now as many as 4% to 10% of all heart attacks occur before the age of 45.

Multiple reasons lead to heart diseases like hypertension, diabetes, high blood cholesterol, genetically inherited conditions and lifestyle choices like cigarette smoking, unhealthy diet and physical inactivity. While the novel coronavirus is spreading like wildfire and everybody is more concerned about Covid-19 symptoms, people with weak heart conditions need to be extra cautious now as they are at high risk of developing COVID-19.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

With the increasing medical inflation and apprehensions about hereditary and lifestyle-related medical conditions, taking health insurance that covers cardiovascular diseases (CVD) is important.

AdvertisementSAAS

Also Read:- World Heart Day: Cardiovascular disease management amid Corona outbreak

Diagnosis and treatment can be expensive for any medical condition related to the heart. While a standard health insurance is helpful in most of the cases, some critical health conditions demand more than what is covered under your health insurance.

AdvertisementInfoComm India 2026

Most common heart-related diseases like stroke and heart attacks are considered as critical illnesses and they will be only covered if you opt for a critical illness cover under your health insurance. A critical illness is referring to severe health conditions that require extensive medical attention and a longer period of treatment. Hence, the expense involved with treatment for critical illnesses is generally higher when compared to the treatment for other diseases. It can lead to a financial burden that requires to be supported by financial protection offered by the critical illness plan.

For instance, a standard health plan will fail to provide adequate protection if diagnosed with a block in the heart, which requires coronary bypass surgery. The treatment will involve considerable costs that will be beyond the sum insured in a typical health insurance plan, and it is where a critical illness plan comes in place. Critical illness covers kick in when one is diagnosed with any critical illness. It does not cover against other diseases and hospitalisations, which are usually covered under standard health insurance.

Also Read:- World Heart Day: Risk factors and silent signs of heart ailments

With regular health insurance, the treatment and hospital expenses can only be reimbursed. But considering the severity of the disease, under a critical illness insurance policy, one can receive a lumpsum amount of sum insured, which can be utilised to cover treatment expenses when diagnosed with any of the critical illnesses. Many conditions are covered under critical illness plan like an organ transplant, kidney failure, brain surgery, etc. Cardiovascular conditions that are generally covered under critical illness cover include myocardial infarction or heart attack, cardiomyopathy or heart muscle disease, heart valve surgery, open-chest CABG or bypass surgery, etc.

Now, it is important to cover yourself with a critical illness cover. However, the number of diseases covered under a critical illness policy can vary from one insurance company to the other. Hence, it is important to consult with the insurance provider to understand what is covered.

Views expressed in this article are the personal opinion of Dr. Sudha Reddy – HEAD – Health and Travel – Digit Insurance

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of Article

How Companies Rely on Aptitude Tests Across Different Industries

Aptitude testing becomes more useful when assessment design reflects the actual reasoning demands of a role, rather than… Read more →

Beyond Forex Charges: The Overlooked Challenges of Cross-Border Payments for Indian Businesses

Ask an Indian exporter what cross-border payments cost them, and you will usually hear a number: the forex… Read more →

Best US Stock Investment Apps Available in India

Investing in US stocks allows Indian investors to diversify beyond domestic markets and gain exposure to businesses, industries… Read more →

How ULIPs Are Bridging the Gap Between Life Insurance and Long-Term Investing

Life insurance and long-term investing are often considered separately, as they serve different financial purposes. However, Unit Linked… Read more →

IPR Taxation Under GST: Goods or Services?

Taxation, whether it concerns real estate or incorporeal property, ever-so-often faces intricate peculiarities and delicately balanced issues. The… Read more →

No More Upfront Fees for DHBVN Solar: Net Meter Charges Move to Your First Bill

If you have been thinking about going solar in Gurugram or Faridabad, one thing probably stopped you early:… Read more →

whatsapp--v1