LIC is one of the oldest and most trusted health insurance providers in India. It offers a wide range of health insurance plans with different features and benefits to cater to the needs of different individuals. In this blog post, we will take a look at some of the best LIC health insurance plans available in the market, their features and benefits, and eligibility criteria.
What is LIC Health Insurance?
LIC is one of the largest health insurance companies in India with a wide range of health insurance plans. LIC offers health insurance plans for individuals, families and businesses.
Some of the popular LIC health insurance plans are:
1) Health Care Plus Plan: This is a comprehensive health insurance plan that covers hospitalization, day care procedures, domiciliary hospitalization and Ayush treatment.
2) Jeevan Arogya Plan: This is a critical illness cover that pays for treatment of specified diseases/illnesses.
3) Jeevan Raksha Plan: This is a personal accident cover that provides financial protection in case of accidental death or disablement.
4) Swasthya Stree Plan: This is a women’s health insurance plan that covers maternity expenses, gynecological disorders and cancer treatment.
5) Senior Citizen Red Carpet Health Insurance Plan: This is a health insurance plan for senior citizens that covers hospitalization, day care procedures and domiciliary hospitalization.
6) Health Insurance Plans for Employees of LIC: LIC offers group health insurance plans for employees of LIC and its subsidiaries. These plans provide coverage for hospitalization, day care procedures and Domiciliary hospitalization.
Benefits of LIC Health Insurance Plans
There are many benefits to having a LIC health insurance plan. Some of the main benefits include:
• Access to quality healthcare: With a LIC health insurance plan, you will have access to quality healthcare services. This includes access to top hospitals and doctors, as well as discounts on medical treatments.
• Peace of mind: LIC health insurance plans offer peace of mind, knowing that you and your family are covered in case of an accident or illness.
• Financial protection: In the event that you or a family member needs hospitalization or long-term care, your LIC health insurance plan will help to cover the costs. This can provide much-needed financial protection for you and your family.
Eligibility for LIC Health Insurance Plans
To be eligible for a LIC health insurance plan, you must:
-Be a Indian resident
-Be between the ages of 18 and 65
-Not have any pre-existing medical conditions
-Have a valid Indian passport
Types Active of LIC’s Health Insurance Plans
LIC offers a wide range of health insurance plans to cater to the needs of different individuals. Some of the most popular LIC health insurance plans are:
1. LIC Jeevan Arogya Plan: This is a comprehensive health insurance plan that covers hospitalization expenses, day-care procedures, and pre and post-hospitalization expenses. It also offers a personal accident cover of Rs. 2 lakhs.
2. LIC Cancer Cover Plan: As the name suggests, this plan provides financial protection in case the policyholder is diagnosed with cancer. It covers the cost of treatment, including chemotherapy and radiotherapy.
3. LIC Cardiac Care Plan: This plan covers the cost of treatment for heart conditions and diseases. It includes both inpatient and outpatient treatment, as well as post-hospitalization expenses.
4. LIC Senior Citizen Health Insurance Plan: This is a specially designed health insurance plan for senior citizens aged 60 years and above. It covers all major medical expenses, including hospitalization, day-care procedures, and pre and post-hospitalization expenses.
5. LIC Maternity Benefit Plan: This is a comprehensive health insurance plan that provides financial protection during pregnancy and delivery. It covers all medical expenses related to maternity, including hospitalization, pre and post-natal care, and delivery expenses
1. LIC Jeevan Arogya Policy
The LIC Jeevan Arogya Policy is a health insurance policy that offers coverage for medical expenses incurred in the event of an accident or illness. The policy provides for a sum assured of Rs. 5 lakhs, and offers coverage for hospitalization expenses, surgical expenses, and ambulance charges. The policy has a tenure of 3 years, and is renewable on a yearly basis.
Features & Benefits of LIC Jeevan Arogya Plan
LIC Jeevan Arogya Plan is a unique health insurance plan that offers a comprehensive health cover to the policyholder and their family. The key features and benefits of this plan are:
1. Coverage for hospitalization expenses: The policy provides coverage for all costs related to hospitalization, including pre- and post-hospitalization expenses.
2. Coverage for daycare procedures: The policy covers certain daycare procedures which do not require overnight hospitalization.
3. Critical illness benefit: The policy provides a lump sum benefit in case of diagnosis of any of the specified critical illnesses.
4. Health check-up benefit: The policyholder is entitled to avail free health check-ups at LIC approved hospitals once in everypolicy year.
5. Renewal discount: A 5% discount is available on renewal of the policy.
2.LIC Cancer Cover
LIC offers a comprehensive health insurance plan that covers cancer treatment. The plan provides for a lump sum benefit in the event of diagnosis of cancer, as well as coverage for hospitalization and treatment expenses. The plan also covers pre- and post-hospitalization expenses, as well as transportation and accommodation expenses for the insured person and a caregiver.
LIC Cancer Cover Plan Features & Benefits
The LIC Cancer Cover Plan is a comprehensive health insurance plan that offers protection against financial burden in case of cancer. It provides a lump sum benefit on first diagnosis of cancer, irrespective of the stage. The benefit amount can be used for treatment expenses, including surgeries, hospitalization, and post-treatment care.
In addition to the lump sum benefit, the LIC Cancer Cover Plan also provides a monthly income benefit to help cover your living expenses while you are undergoing treatment. The income benefit is paid for up to 12 months from the date of diagnosis.
The LIC Cancer Cover Plan also covers pre-existing conditions and offers a grace period of 30 days for late payment of premiums. It also provides coverage for second opinions and cancer screening tests.
3.Lic Arogya Rakshak Policy
The LIC Arogya Rakshak policy is a health insurance plan that offers comprehensive coverage for you and your family. This policy provides financial protection in case of hospitalization due to an illness or accident. It covers expenses such as medical bills, room and board, prescription drugs, and more. The policy also has a personal accident benefit that gives you additional protection in case of an accident.
LIC Arogya Rakshak Policy Features & Benefits
The LIC Arogya Rakshak policy is a health insurance policy that offers several features and benefits to policyholders. Some of the key features and benefits of this policy include:
-Coverage for hospitalization expenses: The policy covers expenses related to hospitalization, including doctors’ fees, room charges, and other medical expenses.
-Coverage for pre-existing medical conditions: The policy covers medical expenses incurred for treatment of pre-existing medical conditions.
-Lifetime renewability: The policy can be renewed for life, provided the premiums are paid on time.
-No claim bonus: Policyholders who do not make any claims during the policy term can avail a no claim bonus, which entitles them to a discount on the premium in the next policy year.
How to Apply for LIC Health Insurance Plans
LIC offers a wide range of health insurance plans with different features and benefits. You can choose a plan that best suits your needs and budget.
To apply for an LIC health insurance plan, you will need to fill out an application form. The form can be obtained from the LIC website or from a licensed insurance agent.
When filling out the form, you will need to provide your personal details, such as your name, address, date of birth, etc. You will also need to provide information about your current health condition and any pre-existing medical conditions.
Once you have submitted the form, LIC will review it and decide whether you are eligible for the plan you have applied for. If you are found to be eligible, you will be required to pay the premium and commence coverage.
Things to Consider before Buying an LIC Health Insurance Plan
Before you purchase an LIC health insurance plan, it is important to understand the features and benefits of the policy as well as your eligibility for coverage.
LIC offers a variety of health insurance plans that provide different levels of coverage. It is important to choose a plan that meets your needs and budget.
Be sure to read the policy documents carefully before buying to make sure you understand what is covered and what is not. Pay attention to exclusions, pre-existing conditions, waiting periods, and other important details.
It is also important to check if your chosen hospital and doctor are part of the LIC network. This will ensure that you can avail of the benefits of your policy.
Finally, make sure you are aware of the premium payment terms and conditions. Some plans require that you pay annually while others allow monthly or quarterly payments. Choose a payment option that best suits your needs and financial situation.
