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LIC's Cancer Cover - 905 Plan Overview

Financial protection in the fight against cancer

LIC's Cancer Cover is a regular premium payment health insurance plan which provides financial protection in case the Life Assured is diagnosed with any of the specified Early and/or Major Stage Cancer during the policy term.
The plan offers two benefit options wherein you have the flexibility to choose the type of Sum Insured at the inception. Level Sum Insured: Fixed Sum Assured throughout the policy term. Increasing Sum Insured: The Sum Assured increases by 10% for first 5 yrs or cancer detection whichever earlier.

Features

Early Stage Benefit - 25% of SA + Premium Waiver
Major Stage Benefit - 100% of SA + 1% of SA upto 10 Yrs + Preimum Waiver
Cover Start after 7 Day survival period
Major Stage Benefit - 100% of SA + 1% of SA upto 10 Yrs + Preimum Waiver
Cover Start after 7 Day survival period

Lic's Cancer Cover

Eligibility Criteria

Sum Assured : Minimum 10 Lakhs to Maximum 50 Lakhs
Maturity Age : 50 Years to 75 Years
Age Limit : From 20 Years to 65 Years
Policy Term : 10-30 Years
Premium Pay Term : Same as Policy Term
Premium Frequency : Half Yearly, Yearly

Benefits

SA Option 1 : Level Sum Insured (Fixed SI)
SA Option 2 : SA increase by 10% each 5 years on no claim
Max Benefit : upto 220% of Sum Insured
Revival Facility: Available, for 2 years unpaid premium
Loan Facility: Not Available
Surrender Facility: Not Available

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+91 901 105 9137