A Fixed Benefit Health Plan pays a predetermined lump sum on diagnosis of a covered illness or event — regardless of your actual treatment cost — giving you cash to spend as you need, on treatment, income loss, or recovery expenses. CoreLink Finance helps you compare fixed benefit plans from leading insurers.
Receive the full benefit amount on diagnosis, irrespective of your actual hospital bill.
Since it's not a reimbursement plan, you don't need to submit treatment bills to receive the payout.
Spend the payout on treatment, loss of income, travel for care, or any other need — your choice.
A Fixed Benefit Health Plan is different from a traditional Mediclaim policy. Instead of reimbursing your actual hospital bills, it pays a fixed, pre-agreed lump sum as soon as a covered condition — such as a listed critical illness — is diagnosed, confirmed through required medical tests, as per policy terms.
Because the payout isn't tied to your treatment expenses, you're free to use the money however you need: for expensive treatment not fully covered elsewhere, to replace lost income while you recover, to support your family, or even to pay off existing loans.
Fixed benefit plans work well alongside a regular Mediclaim policy, adding an extra layer of financial support for major health events, without reducing the benefits of your existing health cover.
A fixed payout on diagnosis of a covered condition, regardless of actual treatment cost.
Plans typically cover a defined list of major illnesses — cancer, heart conditions, kidney failure, and more.
Payout is made if you survive a specified period after diagnosis, as per standard policy conditions.
Complements your existing health insurance without reducing those benefits.
A simple diagnosis-based claim — no need to submit hospital bills for this payout.
Use the payout for treatment, income replacement, travel, or any other need.
Relatively low premiums for the significant financial support the plan can provide.
Premiums paid may qualify for tax deduction under prevailing tax laws, subject to conditions.
| Benefit Amount | Age 30 | Age 40 | Age 50 |
|---|---|---|---|
| 5 Lakhs | ₹2,200 – 3,000 | ₹4,000 – 5,500 | ₹8,500 – 11,500 |
| 10 Lakhs | ₹4,200 – 5,800 | ₹7,800 – 10,500 | ₹16,500 – 22,000 |
| 25 Lakhs | ₹9,800 – 13,500 | ₹18,000 – 24,000 | ₹38,000 – 50,000 |
*Indicative figures for a sample profile, non-smoker, standard health. Actual premiums depend on age, benefit amount, health, lifestyle, and insurer. GST applicable as per prevailing rates.
At CoreLink Finance, we don't just help you buy a policy — we actively support you through the claim process by coordinating with the insurer, guiding documentation, and following up for a smooth experience.
We help you choose the right insurer and policy based on claim settlement ratio, reliability, and your profile.
Before policy issuance, we ensure all your personal, financial, and medical details are accurate and properly declared.
We guide you in filling out proposal forms correctly, so no hidden or incorrect information gets submitted.
In case of a claim, you get a personal claim expert who handles the process — from documentation to settlement.
We actively coordinate and follow up with insurers to ensure quick and smooth claim processing.
Our team checks all documents before submission to avoid technical errors that often lead to delays or rejection.
Follow these steps to ensure your claim is settled smoothly when it matters most.
Share accurate health and family medical history at the time of purchase.
Know exactly which illnesses and their defined severity levels are covered under your plan.
Ensure diagnosis is confirmed through the specific tests and criteria the policy requires.
Be aware of any survival period clause that must be met before the claim is payable.
Notify the insurer and submit required medical documents within the specified claim window.
Ensure nominee details are current in case the plan includes a death benefit component.
Fixed benefit plans suit anyone wanting extra financial cushioning for major illnesses. Consider this if you are:
Self-employed, with no employer cover to fall back on during illness
A family's primary earner wanting income protection during treatment
Having a family history of critical illnesses like cancer or heart disease
Already covered by Mediclaim but wanting an extra layer of support
Looking for a lump sum to cover expenses beyond hospital bills
Wanting a plan with flexible, bill-free payout for peace of mind
Talk to CoreLink Finance for honest, no-obligation guidance on the right fixed benefit plan for you.
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