905 Cancer Cover_English

It is a regular premium, non-linked, health insurance plan.

905 Cancer Cover_Hindi

It is a regular premium, non-linked, health insurance plan.

The Special Health Insurance plan offered by LIC of India to protect high medical cost required for Cancer Treatment. It provides fixed benefits in case of Life Assured are diagnosed with any of the specified Early and/or Major stage of Cancer during policy term.

Increasing Sum Assured

Option to increase Sum Assured by 10% of Basic Sum Every Year for first Five Year Or until the diagnosis of first event of Cancer, whichever is earlier.

Lump sum Benefit in case of diagnosis

In case of Early stage Cancer, 25% of Applicable Sum Assured and in case of Major stage Cancer, 100% of Applicable Sum Assured is payable immediately on diagnosis.

Premium Waiver Benefit

In case of Early stage Cancer, Premium for three years or Balance Policy term, whichever is less shall be waived. In case of Major stage Cancer, Premium for balance Policy term shall be waived.

Monthly Income Benefit

In case of Major Stage Cancer, in addition to lump sum benefit, 1% of Applicable Sum Assured is payable every month for a period of fixed 10 Years.

Advantages

Tax Saving Under Section 80 D

Tension Free Life from Cancer Treatment

Eligibility Criteria

	Minimum	Maximum
Age at Entry	20 years (completed)	65 years (Last birthday)
Policy Term	10 years	30 years
cover ceasing age	50 years	75 years
Basic Sum Insured	Rs. 15,00,000/- (for age 41-65 yrs)	Rs.50,00,000/-
	Rs. 25,00,000/- (for age 35-40 yrs)
	Rs. 35,00,000/- (for age 20-34 yrs)

Sum Assured In multiples of Rs.100,000/- only

Available Mode : Yearly and Half Yearly with Minimum Premium as Rs.2400/-p.a.for all modes

Benefits:-

Condition	Early Stage Cancer	Major Stage Cancer
Death Benefit	No any death benefit is payable on the death of any insured	No any death benefit is payable on the death of any insured
Maturity Benefit	No any benefits are payable at the end of the cover period	No any benefits are payable at the end of the cover period
Lump Sum Benefit	25% of Applicable Sum Assured payable immediately	100% of Applicable Sum Assured payable immediately
Premium Waiver Benefits	Premium for three years or Balance Policy term, whichever is less shall be waived	Premium for remaining Policy term, whichever is less shall be waived
Income Benefits	Not Applicable	1% of Applicable Sum Assured is payable every month for a period of fixed 10 Years

Other Benefits:

Tax Benefit under Section 80D of Income Tax Act 1961