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Lic Jeevan Arogya vs Fixed Maturity Plan

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Lic Jeevan Arogya vs Fixed Maturity Plan

Lic Jeevan Arogya

When it comes to offering a complete insurance suite of the most comprehensive financial security in terms of health and life, you are in safe hands with India's most domineering and trusted insurance brand, The Life Insurance Corporation of India. Over the years since its inception, the LIC has sur...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Lic Jeevan Arogya


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Health insurance benefits
  • Life insurance benefits
  • Hospital cash benefits
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum Maturity Age - 80 years 70 years
Premium payment term NA Single, Limited, Regular
Plan Entry Age Minimum Age - 91 days Maximum Age - 75 years 8 years
Sum assured 100 times of Applicable Daily Benefit (ADB) Rs. 15000- no limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 25 to 55 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2024-25) 98.5% 98.65%

Know More About Plans

When it comes to offering a complete insurance suite of the most comprehensive financial security in terms of health and life, you are in safe hands with India's most domineering and trusted insurance brand, The Life Insurance Corporation of India.

Over the years since its inception, the LIC has surpassed several landmarks and set phenomenal performance records in various domains of life and health insurance, with very competitive costs. The company ensures that all funds are invested, keeping in mind the best interests of investors, so they earn handsome returns.

Outlined below are the succulent health insurance plans of the LIC. As you must be aware, the focus on health and associated costs forms a crucial aspect of everybody's financial and domestic planning. With healthcare costs shooting up significantly over the last decade even for minor ailments, it is all the more important you seriously start considering a recourse should your finances become unstable as you grow older.

LIC Jeevan Arogya Plan offers you a range of benefits including:

why-choose
  • Increasing health coverage every year,
  • No claim benefits
  • Hospi cash benefit
  • Premium waiver benefit
  • Flexible benefits limit

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