LIC Insurance Plan - Jeevan Arogya - Health Plan (Plan No. 904)

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.

• Minimum Basic Sum Assured: Rs. 1,00,000/- 

• Maximum Basic Sum Assured: Rs. 4,00,000/- (Multiple of Rs. 1,00,000/- only) 

• Minimum Entry Age: For Principal Insure/Spouse: 18 Years 
• For Child: 3 Month 
• For Parents/Parents-In-Law: 18 Years 

• Maximum Entry Age: For Principal Insure/Spouse: 65 Years 
• For Child: 17 Years 
• For Parents/Parents-In-Law: 75 Years 

• Mode of Premium Payment: Yearly, half-yearly 

• The Benefits offered under the plan are:
i) Hospital Cash Benefit (HCB)
ii) Major Surgical Benefit (MSB)
iii) Day Care Procedure Benefit (DCPB)
iv) Other Surgical Benefit (OSB) 

• These are in addition to any other health insurance cover. 

• Two riders: Term Assurance and Accident Benefit Rider available for PI & Insured Spouse only. 
• The Principle Insured (PI) can take the policy covering himself/herself. The Spouse, Children, Parents and Parents-in-law can also be covered under the same policy.

LIC's Jeevan Arogya Benefit Details

• On Death: No death benefits payable. 

• However, following action will take place.
i. On death of the Principal Insured (PI); Option for Spouse to take over policy.
ii. Insured Spouse had predeceased the Principal Insured: Option to take new policy.
iii. In the event of death of an Insured continue with change in premium. 

• Surrendered Value: No surrender value will be available under the policy.

• Loan : No loan will be available under the policy.

For more details, Visit http://licallinonecalc.com/