ABSLI CritiShield Shield Plan

• Covers all stages of cardiac conditions and renal conditions

• Option to choose coverage for cardiac conditions or renal conditions or both the conditions

• Option to choose Level or Increasing Cover

• Option to receive Monthly Income for 5 policy years on diagnosis of major stage conditions

• Waiver of Premium for 5 years on diagnosis of early stage conditions

Cardiac Benefit

• Early Stage Cardiac Condition - On diagnosis of an early stage cardiac condition, 30% of the sum assured on cardiac illness will be paid.

• Major Stage Cardiac Condition - At the major stage of a cardiac condition, 100% of the sum assured on cardiac illness less any previously paid claim for an early stage cardiac condition will be paid.

The only illnesses covered under this plan benefit are cardiac conditions.

Renal Benefit

• Early Stage Renal Condition - On diagnosis of an early stage renal condition, 30% of the sum assured on renal illness will be paid.

• Major Stage Renal Condition - At the major stage of a renal condition, 100% of the sum assured on renal illness less any previously paid claim for an early stage renal condition will be paid.

The only illnesses covered under this plan benefit are renal conditions.

Comprehensive Benefit

• Early Stage Cardiac Condition - On diagnosis of an early stage cardiac condition, 30% of the sum assured on cardiac illness will be paid.

• Early Stage Renal Condition - On diagnosis of an early stage renal condition, 30% of the sum assured on renal illness will be paid.

• Major Stage Cardiac Condition - At the major stage of a cardiac condition, 100% of the sum assured on cardiac illness less any previously paid claim for an early stage cardiac condition will be paid.

• Major Stage Renal Condition - At the major stage of a renal condition, 100% of the sum assured on renal illness less any previously paid claim for an early stage renal condition will be paid.

This plan benefit covers both cardiac & renal conditions and is paid irrespective of any earlier claim paid.

Sum assured on cardiac illness OR sum assured on renal illness is the highest of:

• 10 times the annual premium; or

• 105% of all the premiums paid till the date of a valid claim; or

• Minimum guaranteed sum assured on maturity; or

• Effective cardiac sum assured or Effective renal sum assured

Annual premium is the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums, service tax and loadings for modal premiums, if any.

Premium Waiver Benefit

Once a valid claim under the Early Stage Cardiac Condition or an Early Stage Renal Condition is approved, all the future premiums for the policy will be waived starting from the next premium due date following the date of diagnosis of the Early Stage Cardiac or Early Stage Renal Condition as may be applicable for lower of (a) the next 5 years or (b) balance policy term.

Under Comprehensive Benefit option, in case of a valid Early Stage claim being approved for one covered conditions, all the total future premiums for the policy will be waived, starting from the next premium due date following the date of diagnosis of such Early Stage condition, for lower of (a) the next 5 years or (b) balance policy term or c) the date when a valid Early Stage claim is approved for the second covered condition. If the second valid Early Stage claim is approved (viz. claim for Early Stage Cardiac Condition following claim for Early Stage Renal Condition or vice versa), the existing premium waiver will cease and new premium waiver shall commence, starting from the next premium due date following the date of diagnosis of the second Early Stage condition, for lower of (a) the next 5 years or (b) balance policy term.

After the completion of the premium waiver period and provided the policy is not yet terminated as per condition mentioned below in the termination clause, you will have to resume the payment of the future installment premiums as per the premium amount payable at inception of the policy, from the next premium due date.

For Comprehensive Benefit option, the total installment premiums payable after the premium waiver period will be reduced by the installment premium payable at inception, for the illness for which the claim for Major Stage condition has already been admitted during the premium waiver period.

Income Benefit Option

You will have an option to choose this benefit at policy inception only and once chosen cannot be opted out. Under the income benefit option, a monthly income equivalent to 1% of the sum assured on cardiac illness or renal illness would be paid out once a claim for a major stage cardiac or renal condition has been admitted.

For comprehensive benefit, a monthly income equivalent to 1% of the sum assured on cardiac illness is payable following a valid major stage cardiac claim. A monthly income equivalent to 1% of the sum assured on renal illness is payable following a valid major stage renal claim. Payment of cardiac condition benefit will not impact the benefit paid under renal conditions and vice versa.

This monthly income benefit will be payable for a fixed period of next 5 years even beyond the policy expiry date. In case of death of the policyholder, nominee will continue to receive the income benefit.

Entry Age	18 - 65 years
Maturity Age or Cover Ceasing Age	75 years
Policy Term	Minimum - 5 years Maximum - 20 years
Premium Paying Term	Regular pay
Premium Paying Mode	Annual | Semi-annual | Quarterly | Monthly
Sum Assured	Minimum - Rs. 10 lakh Maximum - Rs. 50 lakh