Introduction
Health is a major concern on everybody's mind these days. LIC has always been
sensitive to the changing needs of the Society and has responded suitably by
introducing matching products to suit these needs. Its latest offering on Health
front is “Health Protection Plus”.
Health Protection Plus plan, a unique long term health insurance plan that can combine health insurance covers for the entire family (husband, wife and the children)
.
It provides for insurance cover against following health risks: - Hospital Cash
Benefit
- (HCB) Major Surgical Benefit (MSB)
- Domiciliary Treatment Benefit (DTB)
Hospital Cash Benefit (HCB)
A daily benefit is payable in case the insured is hospitalized due to either accidental body injury or sickness. The quantum of benefit depends upon the level of cover opted.
The amount of daily HCB will increase @ 5% simple p.a. every year on policy
anniversary until it hits a cap of 1.5 times the initial benefit.
Major Surgical Benefit (MSB)
In the event of the insured undergoing one of the major surgeries
defined in the Annexure I, a lump sum benefit (regardless of the actual costs
incurred) equivalent to the percentage of the sum assured mentioned against that
surgery will be payable on providing proper proof of surgery to the satisfaction
of the corporation.
Domiciliary Treatment Benefit (DTB)The Principal Insured can claim an amount equivalent to the actual expense he or she has incurred in respect of any domiciliary treatment or to meet the medical expenses incurred over and above the hospital cash/major surgical benefits in respect of either oneself or the others insured under the policy.
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