₹5 to ₹10 lakh for a ₹1 crore term cover which is far too low if there is a need.Now, treatment for any critical illnesses is high (think cancer) and the cost can go up to ₹25 - ₹30 lakh.
And there might be also loss of income and other additional expenses. So in comparison to the need, a ₹5 - 10 lakh cover isn't sufficient enough.So, how much critical insurance cover do you need and how do you calculate that?Like calculating term life cover, the most effective way to calculate critical health insurance is through expense estimator measure, i.e.
considering all expenses that might incur to calculate the amount needed.Now, let's calculate the amount one would need in few steps considering a timeline of five years.So that way, you add the.