Reasons to Buy LIC Jeevan Arogya Policy

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Reasons to Buy LIC Jeevan Arogya Policy
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Importance of a Health Insurance 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.

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The key features of LIC Jeevan Arogya are listed
below

• 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)

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• 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.

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

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

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

• Major Surgical Benefit
• Major 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 Benefit
• This 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.

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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 Benefit
• In 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.

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

• Other Surgical Benefit
• If 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 Benefit
• In 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.

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• 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.
• 
  Thank You