LIC launches new health policy

The country’s largest life insurer, Life Insurance Corporation of India (LIC), today launched a new health insurance plan, Jeevan Arogya.

The policy, to be available from June 1, offers comprehensive hospitalisation benefits for the whole family of the principal insured.

“A unique feature of this plan is that it also offers to cover the parents in-law of the principal insured, besides spouse, minor children and parents. There is a provision for inducting additional members or removal of existing members in case of any change in family circumstances of the principal insured,” LIC said in a release.

The policy covers 140 major surgeries. “The minimum age at entry for the principal insured is 18 years and the maximum age at entry would be 65 years for self and spouse, while it is 75 years for parents and parents in-law,” LIC said

Source: Business Standard