When time is ticking,
we don’t waste a second.
Get payout on Cancer diagnosis because we don't wait for hospitalisation bills.
No premium for 3 years after first claim
Multiple claims allowed
Additional 26 illnesses covered#
#Under Comprehensive Cover option
Presenting
Pramerica Life Cancer+ Heart Shield
In today’s fast-paced world, it’s not just about saving—it’s about staying protected.
This plan offers financial support from the moment you're diagnosed with cancer.
Key features
Get a lump sum on diagnosis – no need to wait for hospitalization or treatment
Fixed benefits and faster issuance – no medicals^, no surprises
Covers all stages of cancer and heart conditions with multiple claim options
Premium waiver for 3 years after first claim to focus on recovery
Monthly income support to ease your family’s financial stress
Tired of complicated, expensive Health Plans?
Pramerica Life Cancer+Heart Shield – A simple, low premium Cancer coverage.
Why this plan works for you?
You don’t need to wait for hospitalization—this plan supports you right when you need it most, helping reduce financial pressure from day one.
#Under Comprehensive Cover option
How the Plan Works?
How the Plan Works?
01 Choose Coverage Option
Select any one of the 4 available coverage options as per your need and coverage
02 Select one out of two available 'Benefit Payout
03 Choose Policy Term, Premium Payment and Sum Insured under the policy.
03 Fill your details to get your Health Coverage
Choose the coverage that you need
Cancer Shield
- Fixed benefits against Cancer diagnosis
- Minor Stage: Carcinoma in Situatory Stage Cancer & Major Stage: Cancer of specified severity
Heart Shield
- Fixed benefits against Heart (Cardiovascular) related conditions/procedures
- Coverage benefit amount varies as per minor & major stages of heart related conditions/procedures
Cancer + Heart Shield
- This is a combination of Option 1 & Option 2
- Fixed benefits against both Cancer and Heart (Cardiovascular) related conitions/procedures
Comprehensive Shield
- Fixed benefits as per Option 3 plus an additional coverage against 26 major critical illnesses
- 26 additional major critical Illnesses are distinct from critical Illnesses covered under major category of Cancer and Heart
Pramerica Life Insurance, your RockSolid partner
Powered by 2 strong
business houses
Piramal Finance Limited (Erstwhile Piramal Capital & Housing Finance Limited-India) and Prudential Financial, Inc.
10000+ Cr.
Asset Under Management
(As on April 2024)
99.18%
Claims Paid Ratio
(FY’25, for individual lives covered)
138 Branches
across India
(as on Dec 2024)
Powered by
3100+ Employees
(As on March 2025)
Protected over
8.4 crore lives
(Since inception as on December 2024)
Frequently Asked Questions
What are the Maximum Coverage Options in this plan?
Comprehensive Shield: This option offers fixed benefits as per Heart + Cancer Shield as listed below. Also this plan offers an additional coverage against 26 Major Critical Illnesses.
Minor Stage:
1. Initial implantation of Permanent Pacemaker of Heart or Insertion of Implantable Cardioverter defibrillator (ICD)
2. Angioplasty
3. Angioplasty and Stenting for Carotid Arteries
4. Renal Angioplasty
5. Percutaneous Procedures for Heart Valves Repair or Replacement
6. Surgical Septal Myomectomy to relieve Left ventricular Outflow Tract (LVOT) obstruction in Hypertrophic Obstructive Cardiomyopathy
7. Pericardectomy
Major Stage:
1. Myocardial Infarction (First Heart Attack – of Specified Severity)
2. Cardiomyopathy
3. Stroke Resulting in Permanent Symptoms
4. Open Chest CABG
5. Major surgery of the Aorta
6. Open Heart Replacement or Repair of Heart Valves
7. Heart Transplant 8. Primary (Idiopathic) Pulmonary hypertension
The 26 additional Major Critical Illnesses under Major category of Cancer and Heart as listed below:
1. Alzheimer’s Disease
2. Aplastic Anaemia
3. Deafness
4. Loss of Speech
5. Medullary Cystic Kidney Disease
6. Motor Neuron Disease with permanent symptoms
7. Multiple Sclerosis with persisting symptoms
8. Parkinson’s Disease
9. Systemic Lupus Erythematosus (SLE) with Lupus Nephritis
10. Apallic Syndrome
11. Benign Brain Tumour
12. Blindness
13. Brain Surgery
14. End-stage Lung Failure
15. Coma of specified severity
16. End stage liver Failure
17. Kidney Failure requiring regular dialysis
18. Loss of Limbs
19. Third Degree Burns
20. Major Head Trauma
21. Permanent paralysis of limbs
22. Fulminant Viral Hepatitis
23. Muscular Dystrophy
24. Poliomyelitis
25. Loss of Independent Existence
26. Pneumonectomy
What are the Benefit Payout Options?
Care Benefit: Level Sum Insured for the entire Policy Term for the chosen coverage option.
Care+ Benefit: Under this benefit payout option, Indexed Sum Insured, as applicable would become payable. Indexed Sum Insured is Base Sum Insured increased by 10% p.a. (simple) starting first policy anniversary for each completed ‘claim free year’. Indexation would only be applicable till the date of diagnosis of critical illness or till Indexed Sum Insured reaches 150% of Base Sum Insured. Additional benefit of monthly income as 1% of Base Sum Insured will become payable for five policy years under this benefit payout option in case of a Major claim.
How many times can the benefits be availed under this plan?
Multiple claims up-to the limit of base/Indexed sum insured for each of the option can be made under Options III & IV. Once a claim is made, all future claims will be based on unclaimed benefit coverage amount for that respective option.
| Plan Option | Option I | Option II | Option III | Option IV |
|---|---|---|---|---|
| No. of minor stage claims allowed | 1 Cancer | 1 Heart | 1 Cancer 1 Heart |
1 Cancer 1 Heart |
| No. of major stage claims allowed | 1 Cancer | 1 Heart | 1 Cancer 1 Heart |
1 Cancer 1 Heart 1 Major Heart Critical Illness |
| Total Number 2 of Claim allowed | 2 | 2 | 4 | 5 |
The benefits for minor stage condition are payable only once during the entire Policy term for the respective coverage and for its first occurrence only. However claims from other group of illness can be made in case of Option III & IV. Similarly, on payment of major stage claim, the coverage for respective group will terminate and no further benefits will be paid but cover will continue for the other group of illnesses in case of Options III & IV.
What is Eligibility Criteria?
Multiple claims up-to the limit of base/Indexed sum insured for each of the option can be made under Options III & IV. Once a claim is made, all future claims will be based on unclaimed benefit coverage amount for that respective option.
| Entry Age"* | Minimum | 18 Years |
| Maximum | 65 Years | |
| Policy Term | Minimum | 10 Years |
| Maximum | 40 Years | |
| Premimum Payment Term | Regular Pay, equal to Policy Term | |
| Maximum Maturity Age | 75 Years | |
| Sum Insured | Minimum: | 5,00,000 |
| Maximum: | Option 1: 50,00,000 Other Options: 25,00,000 |
|
| Premium Payment Modes | Annual, Semi-annual, Quarterly and Monthly* | |
| Annual Premium! | Minimum: | Option 1: *500 Other Options: ₹1,000 This is subject to minimum Installment Premium of 200 |
| Maximum: | No Limit, subject to maximum Sum Insured, Entry Age, Coverage Option and Benefit Payout Option chosen | |
!Premium mentioned are exclusive of extra premium, modal loadings and Goods & Service Tax and applicable cess.
"Attained age as on last birthday last Policy Anniversary
*Monthly mode of premium payment is available only through credit card, direct debit and ECS.
What is Premium Waiver Benefit?
On diagnosis of critical illness under the policy, premium for next 3 Policy Years will be waived off from the next premium due date following the date of diagnosis of critical illness. This benefit is available only one time during the lifetime of the Policy. In case Policyholder chooses Option I or Option II, waiver of premium will be applicable only on occurrence of minor stage claim. The coverage will immediately terminate on payment of major stage benefit and no WoP would be applicable. Under Option III and Option IV, the waiver of Premium is applicable on first claim (minor/major). The Policy will continue for the remaining benefits thereafter.
What is Survival Period?
It is the duration between date of diagnosis of a condition/procedures and the date of eligibility for a benefit payment would be applicable.
| Cancer or Heart (Cardiovascular) | 7 Days of Survival Period |
| Other Major Illnesses | 15 Days of Survival Period |
This means that the insured has to survive 7 days after the “full histopathological diagnosis” of the cancer, including stage and grading. Failure to do so entitles the Insurance Company to refuse any claim under this cover
Are there any tax benefits for availing this plan?
Tax benefits under Section 80(D) of the Income Tax Act may be available as per prevailing tax laws. Tax laws are subject to change. Please consult your tax advisor for details.