Can we take Health Insurance and Critical Illness from two different companies?

[milind]

Hello,

I have analysed for health policies (with and without critical illness rider) as well as pure Critical illness policies.
I prefer the Apollo for the health policy but its critical illness rider (for Easy Health Exclusive or Premium) covers only 4/5 illness and not the most probable ones like first heart attack etc. Hence for critical illness i find Bajaj Allianz as a better policy.

My query:
1. In case a critical illness occurs like first heart attack will i be elgible for payment from the Bajaj Policy as lumpsum as well as claim all hospitalization expenses from Apollo
2. Do i need to inform each of the companies about the other policy?
3. Can you suggest any other options instead of going for 2 different policies?

Note: Premium for Apollo policy (without CI rider) + Premium of bajaj for CI is nearly equal to Premium of Apollo policy with CI rider

thanks
milind

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