LIC Cancer Cover Plan: You can get cancer treatment through Life Insurance Corporation of India (LIC). A health insurance plan is provided for this. People easily get cancer coverage under this plan. Under this, insurance installments can be paid half-yearly or annually. The insurance period is from 10 to 30 years.
LIC Cancer Cover Plan: In today’s fast-paced life, no one can say when someone will fall prey to which disease. Anyway, a lot of money is spent on diseases. In such a situation, it is very important to have health insurance. People even sell their houses to get treatment for serious diseases like cancer. Many people lose their entire life savings. In such a situation, LIC’s Cancer Cover Plan can provide great relief. The special thing about this policy is that it provides protection from cancer.
LIC ‘s cancer cover plan is a regular premium plan. Most health insurance companies provide cover for treatment of serious diseases like cancer. In such a case, you can take LIC’s cancer cover policy. This policy provides 100% treatment cover. Payment is made from the policy only when cancer is diagnosed. There is no maturity benefit in this plan. Also, you cannot take a loan from this plan. The policy can be purchased online as well as offline.
Essential Conditions
This LIC plan can be availed by people from the age of 20 to 65 years. The minimum term of this policy is 10 years while the maximum term is 30 years. LIC has also fixed the sum assured in this cancer cover plan. Under this plan, the minimum sum assured is Rs 10 lakh while the maximum sum assured is Rs 50 lakh.
Earn money from LIC cancer cover policy
The cancer cover plan of the country’s largest insurance company Life Insurance Corporation of India (LIC) is a regular premium plan. Under this, the insurance installment has to be paid annually or half-yearly. In this, one percent of the cover is given to the users every month. If the cancer cover is Rs 30 lakh, then Rs 30,000 will be given every month for 10 years.
On the other hand, if the cancer patient dies during treatment, then his family keeps getting this monthly income. If the cancer is small, then 25 percent of the cover is given. If the cover is Rs 30 lakh, the patient gets Rs 7.50 lakh for treatment. On the other hand, if the cancer has reached a dangerous stage, then the remaining money is available for treatment. People between the age of 20 to 65 years can take LIC’s cancer cover plan.
You will get the policy by spending Rs 250 per month
If you pay Rs 3000 annually, you get a cancer cover plan of Rs 25 lakh. That means you will have to pay only Rs 250 every month. Its cost is less than tea or coffee. LIC’s cancer cover policy provides cover from diagnosis to treatment and monthly income. For this, the cancer diagnosis report has to be submitted to the LIC office.
