HDFC ERGO expands its health insurance portfolio with group critical illness insurance policy

New Update

HDFC ERGO General Insurance Company, the non-life Insurance Company, adds another innovative product to its Health Insurance portfolio “Group Critical Illness Insurance” – an insurance policy that covers the entire family or employees under one umbrella of protection. Unlike a regular Health Insurance policy, where the insured makes a claim based on the actual expenses incurred on hospitalization, the Group Critical Illness Insurance pays a lump-sum amount to the insured on diagnosis of listed critical illness covered under the policy.


HDFC ERGO Group Critical Illness Insurance policy is an extension of its popular Critical Illness Insurance policy. The company will provide compensation after assessing relevant details. The insured has the choice of deciding how the claim amount can be used as there is no restriction or sub-limits on the expenses except the Sum Insured.

The other key features of Group Critical Illness Insurance policy includes:

· Sum Insured on per life basis ranges from Rs 5,000 to Rs 5 crores


· Entry age group is from 3 months to 65 years

· Covers Worldwide

· Option for coverage from day one without any survival period


On the launch of the Group Critical Illness Insurance Policy, Anurag Rastogi, Head Retail Underwriting & Claims, HDFC ERGO General Insurance Company said, “With rising healthcare costs and the growing vulnerability to critical illnesses, having a comprehensive insurance protection is a necessity. HDFC ERGO offer a range of non-life insurance products that offers comprehensive protection to individuals and businesses. Our new Group Critical Illness Insurance is one such product that provides financial protection to entire family or employees against potential financial liabilities arising out of critical illnesses, which requires specialized treatment for an extended period of time.”

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