LIC Jeevan Arogya health Plan & special attraction, Benefits and reviews |what Jeevan Arogya insurance

Jeevan Arogya provides complete protection for an entire family from loss due to hospitalization and surgeries at a very nominal cost.
The complete details of the plan is available http://www.licindia.in/jeevan-arogya_features.html
PLAN No. 903 (UIN: 512N266V01)
Special Attractions of Jeevan Arogya:
• A unique non linked benefit type plan offering both life & health cover up to age 80 yrs.
• Single Policy for self (Principal Insured-PI) & entire family including Parents and Parents-in-law.
• Health Benefit for Listed as well as unlisted surgeries
• Benefit type of policy without any link to actual expenses incurred.
• No exclusion of first 24 hours, if hospitalization exceeds 6 days 4 hours.
• Attractive rebates on higher HCB Slabs
• Premium paid will be eligible for IT exemption under section 80D up to Rs.15,000/-
(Rs. 30,000/- if parents are covered)


Plan:-
• Eligible Age- PI&Spouse-18 to 65; Parents & Parents-in-law -18 to 75;
• Children- 3 months to 17yrs
• Modes of premium payment- Yly, Hly, Qly & ECS(Mly) – Mode rebate for Yly & Hly.
• Premiums are guaranteed for 3 years with automatic renewal facility.

Benefits
1. Hospital Cash Benefit (HCB)
2. ICU Benefit
3. Major Surgical Benefit (MSB)
4. Day Care procedure Benefit (DCPB)
5. Other Surgical Benefit (OSB)
6. Quick Cash facility
7. Ambulance charges Benefit
8. Premium Waiver Benefit
9. Term Assurance rider (Death Benefit)
10. Accident Benefit rider (AB)
11. No claim Benefit

• Hospital Cash Benefit from Rs. 1000/- to Rs. 4000/- per day (to be opted by the policy holder in multiples of Rs.1000/-).
- Double the Benefit for ICU.
- Maximum 720 days for each member including 360 days ICU benefit, through out the
policy term up to 80 years of age; for children up to 25 years of age.
- Automatic increase in HCB by 5% of Initial HCB every year up to 50% of the Initial HCB
• Major Surgical Benefit for 140 Listed Surgical Procedures
- MSB is equal to 100 times of HCB
- Automatic increase in MSB by 5% of Initial MSB every year up to 50% of the Initial MSB
- Maximum 8 times of MSB through out policy Term (1 MSB per annum)
- upto 80 years of age for other than children.- - For children up to 25 years of age.
• Day Care Procedure Benefit for 140 Day care procedures. 5 Times of Applicable Daily Cash Benefit (ADB). 3 times in a year and 24 times in the policy full term
• Other surgical Benefit-for any surgery not covered under MSB. 2 times of Applicable Daily Cash Benefit-45 days in a year 360 days in the policy full term (15 days-First year)
• Quick Cash facility-This is the facility available for all insured, where instant cash can be paid as an advance up to 50% of eligible 57 MSB surgeries of category 1 & 2
• Ambulance charges- for 57 surgeries eligible for MSB listed under category 1& 2
-benefit @Rs.1000 per insured per policy year
• Premium Waiver Benefit-for 57 surgeries eligible for MSB listed under category 1&2 one year premium will be waived
• Term Assurance rider: Death Benefit MSB is covered under this policy by payment of additional premium
• Accident Benefit rider- Accidental Death Benefit up to initial MSB is available by payment of additional premium
• No Claim Benefit- If there is no claim from any insured between two Automatic Renewal Date (ARD) 5%of IDB will be added to the ADB from next ARD for all insured .