Is LIC Health Insurance Right Coverage For You?

It is little difficult to decide how much coverage do you need under your health insurance plan. There is an adequate amount of coverage that is mandatory for every individual. In this article, you will get to know the right amount of coverage that is mandatory under a health insurance plan.

LIC Health Insurance

LIC health insurance plan is a well-known insurance plan in the insurance market because of its comprehensive offerings. LIC (Life Insurance Corporation of India) is the brand that dominates life insurance market in India. It provides a full financial back-up in case you meet with any unfortunate events that incur heavy expenses in your life.

LIC is a benchmark that has many milestones and has set exceptional customer records in various aspects of life insurance business. The company targets on providing an adequate financial back-up against medical emergency at a very nominal premium amount. It is also known as LIC Health Insurance.

Importance of Health Insurance

Health Insurance policies play a vital role in an individual’s life. The best part is, it offers the best medical services at the time of medical emergency, which is sometimes out of reach because of its high expenses. This plan also offers financial back-up to the policyholder in case he or she is disabled due to an accident resulting in permanent disability, temporary disability, injury or even a death.

The second most important coverage offered under Life health insurance plan is that the level of injuries doesn’t matter, minor injuries are also usually covered under the plan.

LIC Health Insurance Coverage

There are some term insurance plans by LIC that also offers medical coverage and benefits. Read the details of such plans given below:

1. LIC e-Term: It is a basic plan that offers financial back-up with medical coverage at a nominal premium amount. It is well-known for its different offering according to different types of customers. The premium rates for different plans are different. It has various plans that provide coverage to different types of its customers like smokers and non-smokers.
2. LIC Jeevan Arogya: LIC Jeevan Arogya offers protection even when you need medical assistance for minor health problems. This plan also provides protection to your family and loved ones that are the spouse, children, dependent parents, and in-laws. The policy offers cash allowance.

Types of LIC Health Insurance Plan

·         LIC Tax Saving Plans

·         Best LIC Plans in India

·         LIC 5 Years Insurance Plan

·         1 Crore LIC Plans

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·         LIC Plans With Highest Return

·         LIC Plans with Monthly Payment Options

·         LIC Single Premium Plans

Listed below are some of the benefits of LIC policy with medical cover

·         It offers online and offline policies with comprehensive medical coverage

·         This plan also offers medical coverage and benefits with financial back-up

·         LIC has the best claim settlement procedure which is considered to be the best and easiest one in the country

·         It offers different payment mode that includes credit card, debit cards, net banking or cheque

·         Easy and quick issuance of policy

·         It needs minimal documentation

·         Be sure for hassle free experience

·         24x7 customer service

·         Easy and quick claim settlement process

How to avail LIC Health Insurance Plan?

There are two ways of buying LIC health insurance plan, online and offline. The online process of buying a health insurance policy is very simple and quick, whereas for the offline procedure you will have to visit the nearest branch office of the insurance company.