Reasons to Buy LIC Jeevan Arogya Policy

The importance of a health insurance policy in our lives is unavoidable. It

provides us the necessary financial support to deal with medical contingencies.

Jeevan arogya, a non-linked health insurance plan, is offered by the Life insurance Corporation of India. It provides comprehensive cover to you and your family in case of medical emergencies.

Importance of a Health Insurance Policy

This single plan provides health insurance cover to you, your spouse, your

children, your parents of your parents-in-law. You can extend the cover any time you want in case of your marriage or child

birth. Minimum entry age is 18 years and for children it is 91 days. Maximum maturity age is 80 years (on last birthday). You can choose any of the premium paying frequencies- Monthly, quarterly,

half-yearly, yearly. Minimum premium amount is Rs.2,243/- (if your age is 30 at the time of entry)

The key features of LIC Jeevan Arogya are listed below:

There are two riders available with LIC Jeevan Arogya - 1) term assurance rider

and 2) Accident Benefit rider.

In case you fail to pay your premium, you have to pay within a grace period of 30 days to prevent your policy from getting lapsed.

In case the policy is lapsed, it can be revived by paying all the due premiums within 2 years from the date of first unpaid premium.

If the policy holder is not satisfied with any of the terms and conditions of LIC Jeevan Arogya policy, he or she is allowed to return the policy within 15 days.

You enjoy tax benefit as well as a lot of other benefits offered by this plan.

Major Surgical Benefit Premium Waiver Benefit Ambulance Benefit Hospital Cash benefit Other surgical benefit Day care Procedure benefit No Claim Benefit

The best part of LIC Jeevan Arogya is the array of benefits that it provides. The benefits are:

Major Surgical BenefitMajor surgical benefit is payable to the insured cover in case he or she has to undergo a surgery. A quick cash facility is available with this plan. This facility entitles the insured covered to receive 50% of the benefit amount in advance.

Premium Waiver BenefitThis is a special benefit that comes with Major surgical benefit. In case the insured covered undergoes a major surgical procedure, premium for one year is completely waived off.

All the benefits offered by LIC Jeevan Arogya are discussed in detail below:

Ambulance benefit If the policy holder or the health insured covered has to avail the major surgical benefit, he or she is paid with an additional amount of Rs.1000/- for ambulance services.

Hospital Cash BenefitIn case any of the insured covered is hospitalized, a certain benefit amount will be payable for his or her treatment. This benefit amount is equal to the applicable daily benefit of the policy.

All the benefits offered by LIC Jeevan Arogya are discussed in detail below:

Other Surgical BenefitIf the insured has to undergo a surgical process which is not listed under Major surgical benefit or Day Care Procedure Benefit, the other surgical benefit is payable. Other surgical benefit is 2times the applicable daily benefit payable by the policy.

Day Care Procedure BenefitIn case the insured covered undergoes a Day care Procedure, he or she will be paid a lump sum which is 5times the Applicable daily benefit of the policy.

All the benefits offered by LIC Jeevan Arogya are discussed in detail below:

LIC Jeevan Arogya is a unique health insurance policy that offers so many benefits to the policy holder and his or her family. Hence, you must consider it if you are planning to buy a health insurance plan to prevent a future financial crisis in case of any medical emergency in your family.

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