JEEVAN AROGYA

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.

LIC has launched LIC’s Jeevan Arogya, a unique non-linked Health Insurance 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.

Key Features of LIC Jeevan Arogya

• One health insurance policy that covers self, spouse, children, parents and parents-in-law
• Covers hospitalisation, surgery and much more
• Cover can be extended to new members of the family in case of marriage and childbirth
•  Provides benefit for major surgeries and other surgeries irrespective of actual medical cost incurred
•  Quick Cash Facility is available on hospitalisation instead of waiting to make a claim for the benefit after discharge

What is covered in LIC Jeevan Arogya?

• Hospitalisation Benefit of the amount chosen
• Major Surgical Benefit of 1000 times the Daily Hospitalisation Benefit chosen
• Day Care Procedure Benefit paid as lump sum amount
• Other Surgical Benefits
• Ambulance Benefit
• Premium Waiver Benefit

Who can be insured?
You (as Principal Insured (PI)), your spouse, your children, your parents and parents of your spouse can all be insured under one policy. Quite a relief isn’t it, to have all insured under one policy! 
The minimum and maximum age at entry is shown in the below table

Eligibility conditions and other restrictions

	Minimum	Maximum
Daily Hospitalisation Benefit (in Rs.)	1000/day excl ICU	4000/day excl ICU
Major Surgical Benefit (in Rs.)	1,00,000	4,00,000
Entry Age of Self/Spouse (in years)	18	65
Entry Age of Children (in years)	91 days	17
Entry Age of Parents/parents-in-law (in years)	18 years	75
Age at Maturity (in years)	-	80
Payment modes	Yearly, Half-yearly, Quarterly or Monthly (ECS mode only)

How long are each insured under this policy?
Each of the insured are covered for Health risks up to age (80). Children are insured up to age 25 years.

Tax Benefits

This plan offers tax benefits for the premiums as a deduction from the taxable income under section 80D of the Income Tax Act.

Mode Rebate:
Yearly mode : 2% of tabular premium
Half-yearly mode : 1% of the tabular premium