Talk to Expert

SUD Life Smart Healthcare You focus on your recovery; we take care of your medical cost.

Now, Secure Your Health with SUD Life Smart Healthcare!
Health Cover
Lac For

^ Health insurance cover available only for critical illness covered under the product

*Name as per ID proof like Aadhar,PAN etc
*Name as per ID proof like Aadhar,PAN etc

Key benefits of SUD Life Smart HealthCare

Received fixed pay-out based on severity of condition, irrespective of actual billing

*Tax Benefits: under Section 80D of Income Tax Act 1961.

Coverage available up to 80 years of age**

*As per prevailing norms under the Income Tax Act 1961, amended from time to time.

**80 years is the maximum maturity age.

Why Choose SUD Life

21,613 Cr

Assets Under Management
as on Sep’23

1.26 Cr

Lives Covered as of


Distribution points as on

How does the plan work?

Benefit explained with Example:

Mr. Rohit, 30 years, healthy male, has opted SUD Life Smart Healthcare (Cover Option – Cancer Cover). The details are as below
Age - 30 years
Premium Frequency - Yearly
Policy Term - 30 years
Premium Paying Term - 30 years
Sum Insured - 30,00,000
Monthly Premium - 3,917 (exclusive of applicable taxes)

Mr. Rohit is diagnosed with early stage cancer at the end of 2nd policy year. He received lumpsum payment of Rs.7,50,000 plus his annual premiums are waived off for next 3 policy years. Mr. Rohit continues paying premium again from 6th policy year. At the end of 9th policy year, he got diagnosed with carcinoma in situ , a minor critical illness condition1 where he receives a claim amount of Rs.7,50,000 and his policy will continue for the remaining cover amount2.

At the end of 25th Policy year, his cancer progresses to IVth Stage, a major Critical Illness condition. At this stage, he will receive a total outstanding sum insured of Rs. 15,00,000/- & his policy will get terminate.

Cover Option: Heart, Cancer, Kidney & Liver Cover

Mr. Ravi, age 30 years, has opted SUD Life Smart Healthcare (Cover Option- Heart, Cancer, Kidney & Liver Cover). The details are as below
Age - 30 years
Premium Frequency - Yearly
Policy Term - 30 years
Premium Paying Term - 30 years
Sum Insured - 30,00,000
Monthly Premium - 12,729/- (exclusive of applicable taxes)

Mr. Ravi, age 30 years, has opted for Sum Insured of Rs. 30 Lakh with an annual payable premium of Rs 12,729/- for a premium paying term and policy term of 30 years. During the 4th Policy Year, Mr Ravi got a cardiac arrest & had to undergo angioplasty. He received lumpsum of Rs.7,50,000 and his premium for the next 3 years were waived off. Further he was diagnosed with early-stage cancer in the 16th policy year. He received a lumpsum of Rs. 7,50,000 and continues to pay his premium. At the end of 25th policy year, he had to undergo kidney transplant where he was paid the balance sum Insured of Rs.15,00,000 and the policy terminated.

1Claims for multiple minor CI conditions on the same organ will not be allowed by the Company
2Only two Minor CI conditions claims will be admitted during the policy term.

We are happy to help you

Need help?

Our experts are happy to answer any questions you may have.

Call us at

1800 266 8833

Call centre hours -

Monday to Saturday
09:00 AM to 7:00 PM

Frequently asked questions

1.What are the Plan Options available under SUD Life Smart Healthcare?

SUD Life Smart Healthcare has 3 Plan options.

  • Option 1 - Cancer Cover
  • Option 2 - Heart Cover
  • Option 3 - Heart, Cancer, Liver & Kidney Cover
2.Can I change plan option anytime during the Policy Term?

No, the Policyholder must choose any one plan option at proposal stage and once chosen it cannot be changed during the policy term.

3.Is there a right age to buy this plan?

There is no right age to buy a health Insurance policy. However, the Life Assured should be at least 18 years of age* and not more than 65 years of age* while applying for this plan.

*Age is age last birthday

4.What is the Policy Term available under the product?

The Policyholder can opt for a minimum Policy Term of Years to maximum policy term of 30 Years.

5.How long do I need to pay my Premiums?

The Premium Payment Term is equal to the Policy Term.

6.What are the Premium Payment modes available?

The Premium Payment modes available are Yearly, Half-Yearly, Quarterly*, and Monthly*.

*Monthly and quarterly modes of premium payment are only through NACH/SI

7.Does this Plan provide any tax benefits?

Yes. This policy provides Income Tax benefits under Section 80D of the Income Tax Act, 1961, subject to conditions stipulated therein. We recommend you consult your tax advisor for details.

8.Can I alter Premium Payment frequency under this Plan?

Yes, during the Premium Payment Term, you have an option to alter/ change the premium payment frequency as available under the policy. This option can be exercised only on Policy Anniversary.

9.Which type of Critical illness (CI) are covered under the plan?

The types of Critical Illness that are covered under each Plan Option have been classified as Minor illness conditions and Major Illness conditions as listed in Annexure 1-A. Kindly refer to the sales brochure for details on the CI and its definitions.

10.What are the benefits under this Plan?

In case the life assured is diagnosed with any of the covered Critical Illness conditions then the policyholder will receive a lumpsum benefit based on the severity of the condition.

Level Payout (as % of Sum Insured)
Minor Critical Illness Condition 25%
Major Critical Illness Condition 100% less minor claims already paid
11.How does the Minor CI condition work?

Under a particular Plan Option, Maximum 2 minor CI condition claims are admissible during the policy term subject to Cooling-off period. On a valid minor CI condition claim, premium will be waived for first 3 policy years. The waiver of premium is applicable on diagnosis of first minor CI condition only. In case the outstanding Policy Term is less than 3 years, then the premiums for the outstanding Policy Term will be waived off.

12.What is the cooling off period?

The cooling off period is the time between two minor CI claims when no second minor CI condition claim shall be admitted. Cooling Off period is of 180 days from the date of diagnosis of a Minor CI condition claim and date of diagnosis of subsequent Minor CI Condition claim. However, this requirement of 180 days is not applicable in case of diagnosis with any of the CI specified under Major CI condition claim following a Minor CI condition claim.

13.How will the second time claims under Minor CI condition be admissible?

No. multiple claims will be admitted by the Company for same Minor CI conditions under the selected Plan Option. For instance, in case if you have opted for Plan Option – Cancer Cover, then multiple minor condition claims for the same organ will not be admitted by the Company. For instance, In case if you have opted for Plan Option Cancer Cover, in order to qualify for a minor cancer, claim benefit under this for the second time, the minor second cancer claim of the organs should be different from the organ of the first claim for which benefit has been paid. Similarly, no claim will be paid for the same minor condition under Heart/ Liver/ Kidney Plan Options.

14.How are the organs classified as one for the purpose of Minor CI condition claim?

For those organs with left and right component (including but not limited to breast, ear, eye, fallopian tube, kidney, lung, ovary and testicle), both components will be considered as one and the same organ. Further, each group of the following sites will also be treated as one organ:

  • a) Basal cell and squamous skin cancer
  • b) Corpus uteri, vagina, cervix uteri
  • c) Colon and rectum
  • d) Penis and testis
  • e)Stomach and esophagus.
15.How is the major CI condition claim payable under the policy?

On diagnosis of major CI condition covered, an amount equal to Sum Insured less minor CI conditions claims previously paid, if any will be paid.

Only one major CI claim will be admitted during the Policy Term.

16.Is there a Waiting Period?

Yes, there is a waiting period of 90 days for all major CI conditions covered and 180 days for all minor CI conditions from the policy commencement date, or policy revival date, whichever is later. In case the insured event happens during this period, no benefit shall be payable.

No waiting period applies for Critical Illness claims arising solely due to an accident.

17.What is a Pre-existing disease?

It means any condition, ailment, injury, or disease: That is/are diagnosed by a physician within 48 months prior to the effective date of the policy issued by the insurer or its reinstatement; or

For which medical advice or treatment was recommended by, or received from, a physician within 48 months prior to the effective date of the policy issued by the insurer or its reinstatement. Pre-existing diseases are not covered under this plan.

18.What is the survival period condition under this plan?

The benefits will be paid subject to Life Assured surviving the survival period of 15 days from date of diagnosis. The Company will pay the benefits when the Critical Illness is diagnosed during the policy term irrespective of when the Survival Period of 15 days is completed.

19.How are the benefit paid under the Policy?

A benefit is paid on diagnosis with any of the listed CI conditions. If a claim is made under a minor CI condition, then the policy pays out 25% of the Sum Insured and continues with the remaining Sum Insured till the policy term. Unfortunately, if major CI condition claim is made again then the remaining 75% of the Sum Insured is paid to the policy holder and the policy terminates immediately.

In the event where a Major CI condition claim is made, then 100% of the Sum Insured is paid in lump sum and the policy terminates.

(The benefit are paid subject to fulfillment of waiting period, survival period, fulfillment of definitions of the covered CI, exclusions etc. as per the contract)
20.How many days grace period is available for payment of due premiums?

A grace period of 15 days from the due date of the first unpaid premium is available for Monthly mode and 30 days for Quarterly/ Half yearly and Annual mode to pay the due premiums.

21.What happens once your policy Lapses?

If the due premiums have not been paid within the grace period, then the policy will lapse. Policy cover will cease, and no benefits shall become payable under the lapsed policy.

22.Can I revive my Lapsed Policy?

Yes, lapsed policy can be revived within five years from the due date of the first unpaid premium.

23.Will the Premium rates remain constant throughout the Policy Term?

The premium rates are guaranteed for an initial period of 5 policy years from the date of commencement of the policy. On completion of the said period of first 5 policy years, the premium rates may be revised by the Company, subject to the internal approval and if revised, it will be applicable prospectively and will be guaranteed for a period of five consecutive yearsAny revision in the Premium rates shall be notified to the Policyholder at least three months prior to the date of such revision.

24.Are there Maturity Benefit payable under this plan?

No maturity benefit will be paid and the contract ceases.

25.Is there any Death Benefit payable under this plan?

No benefit will be paid on death of the Life Assured.

26.Can I surrender the Policy, what is the Surrender Benefit?

There is no surrender benefit available.

27.Are there are exclusions applicable?

Yes, there are certain exclusions which are not coverable. Kindly refer to the sales brochure for more details

28.What documents are required to be submitted for a claim?

A claimant statement, all reports, including but not limited to all medical reports, case histories, investigation reports, treatment papers, discharge summaries, a precise diagnosis of the treatment for which a claim is made, KYC document, cancelled cheque leaf and any other document or information as required by the Company.