LIC’s Arogya Rakshak (Table No. 906)

LIC’s Arogya Rakshak Plan (Table No. 906)

INTRODUCTION :- LIC’s Arogya Rakshak, is a Non-Linked, Non-Participating, Regular Premium, Individual, Health Insurance plan which provides fixed benefit health insurance cover against certain specified health risks and provides you with timely support in case of medical emergencies and helps you and your family remain financially independent in difficult times. In today’s time, when the cost of treatment in hospitals has become very high, then LIC’s Arogya Rakshak policy is a very good policy for those days.

Basic Eligibility Conditions and Features of LIC’s Arogya Rakshak (Table No. 906):-

I. Minimum age at entry:-

Principal Insured:- 18 years (last birthday)

Insured Spouse/ Parents:- 18 years (last birthday)

Insured Children:- 91 days (completed)

II. Maximum age at entry:-

Principal Insured:- 65 years (last birthday)

Insured Spouse/ Parents:- 65 years (last birthday)

Insured Children:- 20 years (last birthday)

III. Cover Ceasing Age:-

Principal Insured, Insured Spouse, Parents:- 80 years (last birthday)

70 years (last birthday), if Auto Health Cover (AHC) Benefit is triggered and the policy is not continued payment of premium after expiry of AHC period.

Insured Children:- 25 years (last birthday)

IV. Initial Daily Benefit:- (i.e. the level of Hospital Cash Benefit (HCB) at inception)

Minimum Initial Daily Benefit (in a ward other than Intensive Care Unit) Rs. 2500

Maximum Initial Daily Benefit Rs. 10000

Initial Daily Benefit shall be in multiple of Rs. 500/