Shriram Life Comprehensive Cancer Care


You look after your loved ones, we’ll do the rest!




ABOUT PLAN

Shriram Life Comprehensive Cancer Care Plan (UIN: 128N070V01) is a non-linked insurance plan. As one of the best cancer insurance plans in India, it provides benefits on diagnosis and during its treatment in both initial and critical stages.

Cancer can take a toll on the patient and his/her family members physically, emotionally and financially. This plan helps minimise the financial burden and allows caregivers to focus on the patient.

Key Features


PLAN OPTIONS

– Lump sum payment
– Lump sum payment with monthly income*

PREMIUM

– Minimum Rs. 500/- (In all cases)
– Waiver for 3 years (or less)

PAYOUTS

Sum Assured
– 25%, Initial Stage
– 100%, Critical Stage

TAX BENEFITS

On premium paid
under Income Tax laws

*2% per month of sum assured can be availed for 5 years for critical stage cancer (under monthly income option)

Shriram Life Comprehensive Cancer Care Plan – UIN 128N070V01

YOU SHOULD KNOW

Cancer is a life-changing disease. It is severe, difficult on patients & caregivers and very expensive to treat. Given cancer touches everyone’s lives in one way or another, here are a few things you should know about this disease.

Myths Facts
It cannot be treated effectively While it is true that cancer treatments come with no assurances, instances where traces of Cancer have been completely removed are not unheard of. Treatment also mitigates the spread of Cancer.
Chances of survival are low Winning the battle against cancer is influenced by multiple factors. The type of cancer, its stage, patient’s age, overall fitness and medical history play a significant role in determining your survival against cancer. Timely detection and good post-operative care is known to result in complete remission in many cases.
Surgical removal of Cancer causes it to spread A good oncology surgeon is extremely careful while taking a biopsy or carrying out a surgery. Most of the times some healthy tissue around the Cancer is also removed as a precaution. Some may take extra precautions if they are certain of the cancer recurring.
Cancer is a communicable disease A healthy person can never ‘catch’ cancer from a person who suffers from the disease. However, there are a few bacteria/infections that if transferred, could increase the risk.
Injuries cause Cancer Injuries / Bruises do not cause cancer. There is a possibility that while treating an injury cancer may be detected, but it certainly is not the cause. Chronic inflammatory processes may at times increase the risk of certain cancers, but these instances only account for a small fraction of cases.
Nothing can be done to prevent Cancer While there are no guarantees, a modified lifestyle can reduce the occurrence of cancer. Simple steps like, quitting tobacco, reducing alcohol consumption, exercising, protecting yourself from the sun etc. can easily reduce your vulnerability.
Cancer Symptoms
Breast cancer A lump in the breast, bloody discharge from the nipple and changes in the shape or texture of the nipple or breast.
Prostate cancer Difficulty in urination, but sometimes there are no symptoms at all.
Basal cell cancer This cancer typically appears as a white, waxy lump or a brown, scaly patch on sun-exposed areas, such as the face and neck.
Melanoma A new, unusual growth or a change in an existing mole. Melanomas can occur anywhere on the body.
Colon cancer Colorectal cancer symptoms depend on the size and location of the cancer. Commonly experienced symptoms – changes in bowel habits, changes in stool consistency, blood in the stool and abdominal discomfort.
Lung cancer A cough (often with blood), chest pain, wheezing and weight loss. These symptoms often don’t appear until the cancer is advanced.
Leukemia Many patients with slow-growing types of leukaemia don’t have symptoms. Rapidly growing types of leukaemia may show signs of fatigue, weight loss, frequent infections and easy bleeding or bruising.
Lymphoma Symptoms include enlarged lymph nodes, fatigue and weight loss.

Statistics show that one in three women will get cancer in their lifetime. Breast cancer cases are on the rise and survival rates are dismal. Majority of the cases are due to late detection and lack of awareness. Although both men and women are affected by cancer, they experience cancer’s impact differently, from the side effects they deal with, to the decisions they make about their care.

  • Most common causes of mortality:

    – Ignoring symptoms
    – Late detection
    – Irregular check-ups
    – Lack of good post-operative care

  • Symptoms women shouldn’t ignore:

    – Bloating
    – Depression
    – Breast Changes
    – Spotting
    – Skin Changes
    – Changes in lymph nodes
    – Trouble Swallowing
    – Blood in Urine / Stool
    – Weight Loss
    – Heartburn
    – Fatigue

Very often while playing the role of the primary caregiver for their loved ones and family, women tend to forget themselves. And when they do realise something is wrong, it is often too late. Women are central to our societies and communities and their wellness should be of utmost importance.

–When you come to the end of your rope, tie a knot and hang on!!–

Doing what you can to help prevent cancer is your best defence. Knowing about cancer and what you can do to help reduce your risk of it can help save your life. Early detection is of utmost importance. Finding cancer early, before it has spread, gives you the best chance to do something about it.

  • Reducing your risk against cancer:

    – Stay away from tobacco and reduce alcohol consumption: Research has shown that smoking causes lung cancer while those who chew tobacco are at a major risk for oral cancer. Alcohol consumption should also be limited.
    – Reduce your weight and stay healthy: Risk of cancer is known to go up with obesity.
    – Exercise regularly: Regular exercise will prepare your body to fight against anything that should come its way. Cancer is a lifestyle disease and staying active will help reduce your risk
    – Eat healthy: A well balanced diet with plenty of fruits and vegetables will help take care of nutrition requirements and reduce your risk
    – Protect your skin: The sun’s UV rays are harmful and can cause skin cancer. Make sure you use a sunscreen when you are stepping out for prolonged periods in the sun.
    – Know yourself, your family history, and your risks
    – Get regular check-ups and cancer screening tests

  • Reducing your Financial Risk:

    The economics of cancer care is daunting. Cancer is known to wipe out savings of entire families given the expensive treatment and the length of time one is required to be in medical care. One of the ways to prepare for this is to buy a cancer insurance plan that will mitigate some of the financial risks.

    • Cost of cancer care:

      – Cancer treatment could start at Rs 2.5 lakh for six months of treatment, with some of the lowest priced generic drugs in the world, and could go upto as much to as Rs 20 lakh, with novel drugs and targeted medicines.
      – Cost of diagnostics (CT Scans, PET Scans, MRIs, biopsy) is high and treatment costs are out of reach for many if it is detected late.
      – In addition to treatment cost, out of pocket expenses are known to skyrocket due to travel, hospital stays, and other expenses. Loss of income because of work days lost further adds to the burden.

    • Understanding some key aspects of cancer insurance:

      • Common to all plans

        The lump sum payout at any stage will be reduced to the extent of any payouts at an earlier stage. For example, if 100 per cent of the sum insured is payable in the major stage, then the 25 per cent paid in the early stage will be deducted before this major state payout is made, i.e., only 75% of the sum insured would get paid at this stage. Also, there is no death benefit but if a patient dies within the waiting period, 100 per cent of the premium is refunded to the family.

      • Policy term matters

        An important feature to consider while choosing a plan is what is its maximum term? Most cancer plans have the maturity age fixed at 75. But the maximum term can bring about a big difference in the buying decision.

      • Increasing medical costs

        The increased sum insured is called the indexed sum insured as the annual increase is indexed to the initial sum insured.) Though the premium could be higher for such a plan, it does ensure taking care of the escalating medical costs.

Caregiving can be overwhelming. Here are a few things that could help:

  • Make lists of tasks to be done; Keep patient’s papers, documents and receipts in order.

  • Actively seek help when needed. Speak to someone who has been through the struggle, or go through counselling.

  • Organise your finances, and pay attention to post-operative care instructions.

  • Understand insurance documentation and claim procedures from insurance company or employer.

  • Try to stay positive and don’t forget about yourself!