LIC - NEW HEALTH INSURANCE PLAN
HEALTH PROTECTION PLUS (Plan No. 902)
Basic Features :
Minimum age at entry for PI and spouse; 18 years (lbd); 3 months for children.
Maximum age at entry for PI and spouse; 55 (nbd); 17 yrs NBD or children.
Premium payable upto 65 years lbd for PI, extended health cover upto 75 years of age.
Minimum premium: Rs. 5000/- for single life and Rs. 7500 p.a; for two lives, rs. 10,000 for more than 2 lives.
Maximum premium: No limit
Increase or decrease in premium: Allowed
Assignment & Loan : Not allowed
Non medical General/ Special allowed
Mode of payment : Yly, Hly and Monthly (ECS)
CLAIM SETTLEMENT :
For both hospitalisation and MSB, only certified copies of the Hospital bill are sufficient.
DISCONTINUANCE OF PREMIUMS:
If premiums have not been paid within the grace period, the Policy will lapse. the Policy can be revived at anytime within two years
from the date of first inpaid premium.
Where at least 3 years premiums paid, HCB & MSB for each insured shall contiue by canceling an appropriate number of units every month.
This will continue to provide relevant risk covers for two years from the dure date of first unpaid premium, or till the end of policy term, or till such period
that the Policy Fund value reduces to one annualized premium, whichever is earlier.
For further details refer C.O. Circular Ref : Actl/PD/2163/4 dated : 27.04.2009
Insurance is the subject matter of soliciation.
( past performance may not be an indicator of the future performance)
EXTENDED HEALTH RISK UPTO 75 YEARS
HEALTH BENEFIT TILL ONE'S LIFE
Income Tax Benefit of Rs.15,000/- available under section 80 (D)
Health Protection Plus provides the following benefits against health risk
HOSPITAL CASH BENEFIT (HCB)
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