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Plan No. 905Health Insurance
LIC's Cancer Cover
"Comprehensive protection against cancer."
A non-linked, regular premium payment health insurance plan which provides fixed benefit in case the Life Assured is diagnosed with any of the specified Early and/or Major Stage Cancer.
Key Features
- ✓Covers early and major stage cancer.
- ✓Premium waiver on early stage cancer diagnosis.
Eligibility Criteria
Minimum Age20 Years
Maximum Age65 Years
Minimum Term10 Years
Maximum Term30 Years
Min Sum Assured₹ 10,00,000
Max Sum Assured₹ 50,00,000
Plan Benefits
Death Benefit
N/A
Survival Benefit
Payouts on diagnosis of early or major stage cancer.
Maturity Benefit
N/A
Real-World Example
Profile40-Year-Old Male
Sum Assured₹ 20,00,000
Term Details20 Years
Annual Premium₹ 6,500 / Year
Expected ReturnsUp to ₹ 20L on Diagnosis
How it Works
If diagnosed with Early Stage Cancer, LIC pays ₹ 5 Lakhs (25%) immediately and waives premiums for 3 years. If Major Stage Cancer hits, LIC pays the remaining ₹ 15 Lakhs PLUS an income benefit of ₹ 20,000 per month for the next 10 years!