Lic Jeevan Arogya
vs
Lic Jeevan Rakshak

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:

• Increasing health coverage every year,
• No claim benefits
• Hospi cash benefit

• Premium waiver benefit
• Flexible benefits limit

LIC Jeevan Rakshak Plan (Table No. 827) is a participating non-linked plan that provides a combination of insurance and savings. As the name suggests, the plan offers life insurance as well as maturity benefits.

This plan was introduced in August 2014 by the Life Insurance Corporation (LIC) of India. If the policyholder dies during the policy term before the maturity date, the plan offers financial assistance to the family of the insured and at the time of maturity, a lump sum amount is payable along with loyalty additions if applicable on the survival of the policyholder.

The policy is an excellent choice for those who belong to a low-income group as it is the only insurance policy that provides less than one lakh rupees as a Sum Assured. The plan also provides a loan facility to fulfill the liquidity requirements of the insured.

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

• Death Benefits
• Maturity Benefits
• Rider benefits

• Additional bonus
• Tax Benefits