LIC - Arogya Rakshak (906)

Arogya Rakshak (906) 

LIC Health Insurance Plan Example :-

 Plan presentation specially customised for Mr. Some one taken this plan

 Hospital Cash Benefit(HCB): 2500

 Major Surgical Benefit (MSB) : 250000

 Day Care Benefit : 12500 

 Other Surgical Benefit :6250

Multiple Benefit From 1 PLAN

1. Hospital CASH Benefit - 2500 (This amount will be vary for higher Sum Assured)

2. Major Surgical Benefit Rs. 250000

3. Day Care Benefit Rs. 12500

4. Other Surgical Benefit Rs 6250

 

Product Summary: Arogya Rakshak (906) is a non-linked health plan which provides fixed benefits for hospitalization and almost all types of surgical procedures irrespective of actual cost incurred and the benefit is in addition to any other health insurance cover that insured lives may have, subject to certain terms and conditions. The benefits offerd in this plan are 

1. Hospital Cash Benefit (HCB)

   
2. Major Surgical Benefit (MSB) 

3.Day Care Procedure Benefit (DCPB) 

4. Other Surgical Benefit (OSB) 5.Medical Management Benefit (MMB)6. Extented Hospitalization Benefit (EHB) 7.Health Check up benefit etc..

Premium Payment Mode: Yearly, Half Yearly.

Optional Benefits Accident Benefit and Term Rider

Minimum Age at Entry: (a)Principle Insured and Spouse  - 18 Years (b) Child - 3 months (c) Parents and inlaws - 18 Years

Maximum Age at Entry: (a)Principle insured/ spouse - 65 Years (b) Child 17 Years (c) Parents/in-laws 65 Years

Maximum Cover Ceasing Age: 80 Years (PI/Spouse) , 80 Years (Parents/in-laws), 25 Years (Children).

Minimum Sum Assured: Rs 2,50,000 (HCB 2500)

Maximum Sum Assured: Rs. 10,00,000 (HCB 10000)

Riders Available AB and Term rider

Accidental Death and Disability Benefit (ADDB): Not available

On Death: Nothing payable

On Survival: Nothing payable

Surrender Value: No Surrender Value

Loan: Not available

Income Tax Benefit: Premium exempted u/s 80D

Proposal Form Proposal form for Health plans

List of Major Surgeries

List of Day Care Procedures