Life Insurance Corporation of India (LIC) recently joined the ranks of life insurers such as HDFC Life, ICICI Prudential Life and Aegon Life by launching a cancer cover for policyholders.
While financial planners are of the view that one is better off buying a critical illness cover, which covers several major ailments in one policy, industry insiders say that a disease-specific policy like cancer cover should be considered as it offers more comprehensive cover against this dreaded ailment at an affordable price.
