New Delhi, Oct. 13 -- LIC on Tuesday launched three plans - New Jeevan Dhara-II, Health Shield & Cancer Cover. New Jeevan Dhara-II is a non-par, non-linked individual savings deferred annuity plan offering guaranteed post-retirement income and financial independence, LIC said in a statement.
Health Shield provides comprehensive health coverage for the entire family, with premiums guaranteed throughout the policy term. It offers a fixed Daily Hospital Cash Benefit during hospitalisation and lump-sum payouts for major surgeries and critical illnesses.
The Cancer Cover plan provides fixed financial benefits upon diagnosis of specified early- and major-stage cancers, irrespective of treatment costs.
The minimum Basic Sum Assured ranges from Rs 15,00,000 to 35,00,000 based on age, while the maximum is Rs 50,00,000 across existing policies.
Published by HT Digital Content Services with permission from Millennium Post.