Product Summary
LIC’s Jeevan Arogya is a unique non-participating non-linked plan which provides health insurance cover against certain specified health risks and provides you with timely support in case of medical emergencies and helps you and your family remain financially independent in difficult times.
Health has been a major concern on everybody’s mind, including yours. In these days of skyrocketing medical expenses, when a family member is ill, it is a traumatic time for the rest of the family. As a caring person, you do not want to let any unfortunate incident to affect your plans for you and your family. So why let any medical emergencies shatter your peace of mind.
Premium Payment Mode
Yly, Hly
Benefits Available
- Hospital Cash Benefit (HCB)
- Major Surgical Benefit(MSB)
- Day Care Procedure Benefit(DCPB)
- Other Surgical Benefit(OSB)
- Ambulance Benefit
- Premium waiver Benefit (PWB)
Mode and High HCB Rebates:
Mode Rebate:
- Yearly mode – 2% of Tabular Premium
- Half-yearly mode – 1% of Tabular premium
HCB Rebate:
| HCB | PI | Other than PI |
|---|---|---|
| 2000 | 500 | 250 |
| 3000 | 1000 | 500 |
| 4000 | 1500 | 750 |
Premium Paying Term: [20 – Age at entry] Years
Minimum Entry Age: 0 Years (last birthday)
Maximum Entry Age: 12 years (last birthday)
Maximum Maturity Age: 25 years (last birthday)
Minimum Basic Sum Assured: 1,00,000
Maximum Basic Sum Assured: No upper limit
Minimum Entry Age
Self/spouse- 18years
Children- 3 months
Parents/in-laws- 18 year
Maximum Entry Age
Self/spouse- 65years
Children- 17 years
Parents/in-laws- 75 year
Cover Ceasing Age
Self/spouse- 80years
Children- 25 years
Parents/in-laws- 80 year
Optional Rider
LIC’s Accidental Benefit Rider
LIC’s New Term Assurance Rider
Policy Benefits:
On Death:
Nothing is payable
On Maturity:
Nothing is payable
Surrender Value
Nothing is payable
Policy Loan
Loan not payable
Taxes
As per applicable rule