LIC Health Insurance Plans 2026

LIC Health Insurance Plans List 2026

LIC currently sells two health insurance plans. Its older health plans, such as LIC Jeevan Arogya (Plan 904) and LIC Arogya Rakshak (Plan 906), have been withdrawn and are no longer available for new buyers.

Source: LIC sales brochures, October 2026.

LIC Health Shield (Plan 907)

LIC Health Shield is a family health plan that pays fixed cash for hospital stays, surgeries, and day-care procedures. Each benefit is calculated based on the daily benefit you choose, between ₹2,500 and ₹10,000 per day (in multiples of ₹500). Premiums stay the same for all 15 years.

Benefits of LIC Health Shield

Extra features worth knowing

• No Claim Benefit: Your daily benefit grows by 10% of the initial amount after every three claim-free years.
• Premium waiver on major surgery: One year's premium is waived for the entire family after a Category 1 or 2 surgery.
• Auto Health Cover: If the Principal Insured dies, all future premiums are waived, and the family remains covered.
• Quick Cash: 50% of the major surgery payout can be paid in advance while you are still in the hospital.
• Restoration: If the major surgery limit is exhausted in a year, one more surgery in a different body system is still covered.
• Riders: Add LIC's New Term Assurance Rider or Accident Benefit Rider for additional protection.

LIC New Cancer Cover (Plan 908)

LIC New Cancer Cover pays a lump sum upon diagnosis of cancer, plus a monthly income if the cancer is at a major stage. The Sum Assured ranges from ₹15 lakh to ₹50 lakh, depending on your age at entry.

Benefits of LIC New Cancer Cover

The total payout can go up to 245% of the Sum Assured. The monthly income continues to your nominee even if you pass away during the 10-year period.

Two benefit options

• Option I – Level Sum Assured: Your cover remains the same throughout the term.
• Option II – Increasing Sum Assured: Your cover increases by 10% of the basic Sum Assured on each of the first five policy anniversaries, up to 150%.

Minimum Sum Assured by age

The maximum is ₹50 lakh across all your New Cancer Cover policies.

How Much Will LIC Actually Pay? (Examples)

Fixed-benefit plans are easiest to understand with numbers. Here are three common scenarios.

Example 1: Heart bypass under Health Shield. Rahul, 45, has a daily benefit of ₹5,000. He undergoes CABG (a Category 1 surgery) and stays for 7 days, two of them in ICU.

On top of this, the next year's premium is waived for the entire family.

Example 2: Dengue under Health Shield. Rahul's daughter is hospitalised for four days with dengue. LIC pays ₹12,500 (2.5 × ₹5,000) as Medical Management Benefit plus ₹20,000 hospital cash, a total of ₹32,500.

Example 3: Cancer under New Cancer Cover. Priya, 45, has a Sum Assured of ₹20 lakh (Level option).

Payouts are fixed, so you receive these amounts even if your actual hospital bill is lower or higher.

LIC Health Insurance Premium Chart

LIC Health Shield — yearly premium for the Principal Insured, daily benefit ₹5,000 (offline):

LIC New Cancer Cover — yearly premium, Sum Assured ₹50 lakh, Level option, 15-year term (offline):

Premiums exclude GST. Buying online directly from LIC offers a rebate of 10% on Health Shield and 7.5%–10% on New Cancer Cover.

What Is Not Covered?

• Pre-existing conditions not disclosed to LIC (36-month look-back period)
• Maternity and childbirth (Health Shield covers ectopic pregnancy only)
• Pre- and post-hospitalisation expenses
• Treatment outside India
• Cosmetic surgery, obesity treatment, and infertility
• Self-inflicted injuries, alcohol or drug abuse, and hazardous sports
• Any cancer diagnosed within the first 180 days (for New Cancer Cover)

How to Buy LIC Health Insurance

1. Compare LIC's plans with other health insurance options on PolicyX.com.
2. Choose your daily benefit or Sum Assured, policy term, and benefit option.
3. Buy through an LIC agent, a broker such as PolicyX.com, or online at licindia.in.
4. Complete the proposal and any medical tests LIC requests.

How to Claim LIC Health Insurance

1. Inform LIC's health TPA, Healthindia Insurance TPA Services, at 8976923091 (for senior citizens: 8976923092).
2. Pay the hospital directly, as LIC health plans do not offer cashless facilities.
3. Submit the claim form, discharge summary, bills, and medical reports. For cancer claims, include the histopathology report.
4. LIC pays the fixed benefit to your bank account upon approval.

LIC Health Insurance vs Regular Health Insurance

LIC's plans are not a replacement for a mediclaim policy. They work best as a second layer of protection.

In Example 1 above, if the bypass bill came to ₹8 lakh (an illustrative figure), there would still be a ₹2.5 lakh gap even after LIC's ₹5.46 lakh payout. A regular health plan would cover the bill, while LIC's payout could cover income loss and recovery costs.

Who Should Buy LIC Health Insurance?

• Families who already have a mediclaim and want extra cash for non-medical costs during hospitalisation
• People with a family history of cancer who want a large lump sum plus monthly income (New Cancer Cover)
• Sole earners, as Auto Health Cover keeps the family's policy running if the Principal Insured dies
• Buyers who want fixed premiums for the long term instead of yearly hikes

Skip it if: you don't have a regular health insurance plan yet. Buy a comprehensive health plan first, then add LIC's plan on top.

Conclusion

LIC's return to health insurance gives buyers two solid fixed-benefit options: Health Shield for family hospital and surgery cash, and New Cancer Cover for a large cancer payout with income support. Both offer guaranteed premiums and the trust of India's largest life insurer. Pair either plan with a comprehensive health insurance policy for complete protection. Need help choosing? Talk to a PolicyX.com expert for free.