LIC HEALTH PROTECTION PLUS

Health is a major concern on everybody’s mind these days. With sky rocketing medical expenses, the possibility of any illness leading to hospitalization or surgery is a constant source of anxiety unless the family has actively provided for funds to meet such an eventuality. Most families rarely provide for healthcare, and even if they do, it is grossly inadequate. Given this scenario, LIC has launched LIC’s Health Protection Plus plan, a unique long term health insurance plan that can combine health insurance covers for the entire family (husband, wife and the children) – Hospital Cash Benefit (HCB) and Major Surgical Benefit (MSB) along with a ULIP component (investment in the form of Units) that is specifically designed to meet Domiciliary Treatment Benefit (DTB) / Out Patient Department (OPD) expenses for the insured members.

1. Eligibility

Age Principal Insured Spouse Insured Child Insured Min Policy Entry Age – Age Last Birthday 18 18 3 Months Min Age – HCB Cover – Age Last Birthday 18 18 3 Months Min Age – MSB Cover – Age Last Birthday 18 18 18 Maximum Entry Age Age Nearest Birthday 55 55 17

2. Premium Payment

Mode of Payment : Yearly, Half-Yearly & Monthly (ECS Mode only)

Minimum Annual Premium Conditions Number of Lives covered Higher of the two conditions in each category listed below: Single Life 6 times the HCB of the Principal Insured OR Rs.5000 p.a. Two Lives The arithmetic sum of 6 times the HCB of PI and 3 times the HCB of the second insured. OR Rs.7500 p.a. More than two Lives The arithmetic sum of 6 times the HCB of PI and 3 times the HCB of each of the others insured OR Rs.10,000 p.a. Annualized Premiums are payable in multiples of Rs.500.

3. Sum Assured.

The Principal Insured must first choose the respective levels of HCB for each member to be covered under the policy. The sum assured for major surgical benefits will be 200 times of the HCB you choose.

Major Surgical Sum Assured Principal Insured Spouse Insured Child Insured 200 times the HCB applicable to each insured life under the policy.