The Special Health Insurance plan offered by LIC of India to protect high medical cost required for Cancer Treatment. It provides fixed benefits in case of Life Assured are diagnosed with any of the specified Early and/or Major stage of Cancer during policy term.



Increasing Sum Assured

Option to increase Sum Assured by 10% of Basic Sum Every Year for first Five Year Or until the diagnosis of first event of Cancer, whichever is earlier.


Lump sum Benefit in case of diagnosis

In case of Early stage Cancer, 25% of Applicable Sum Assured and in case of Major stage Cancer, 100% of Applicable Sum Assured is payable immediately on diagnosis.


Premium Waiver Benefit

In case of Early stage Cancer, Premium for three years or Balance Policy term, whichever is less shall be waived. In case of Major stage Cancer, Premium for balance Policy term shall be waived.


Monthly Income Benefit

In case of Major Stage Cancer, in addition to lump sum benefit, 1% of Applicable Sum Assured is payable every month for a period of fixed 10 Years.

Advantage

Tax Saving Under Section 80 D
Tension Free Life from Cancer Treatment


Conditions


 MinimumMaximum
Entry Age20 years (completed)65 years (last birthday)
Policy Term10 years30 years
Cover Ceasing Age50 years75 years
PremiumRs.2400/-p.a.
Basic Sum InsuredRs.10,00,000/-Rs.50,00,000/-
ModeYearly and Half Yearly

Sum Assured In multiples of Rs.100,000/- only

This plan is not allowed for NRI Client.

Death Benefit

No any death benefit is payable on the death of any insured

Maturity Benefit

No any benefits are payable at the end of the cover period

Waiting Period

180 Days from date of issuance of Policy