LIC’s Arogya Rakshak is a health insurance plan that provides fixed benefits for specific health risks. It offers financial support during medical emergencies to help you and your family stay financially secure.

Key features:

• Eligibility:

  • Principal Insured: 18 to 65 years old

  • Spouse/Parents: 18 to 65 years old

  • Children: 91 days to 20 years old

• Initial Daily Benefit (IDB):

  • Minimum IDB: ₹2,500 per day for all members

  • Maximum IDB: ₹10,000 per day for the Principal Insured, and for other members, it’s limited by the IDB of the Principal Insured.

• Benefits:

  • Hospital Cash Benefit (HCB): Paid for each day of hospitalization exceeding 24 hours, with a higher benefit for ICU stays.

  • Major Surgical Benefit: A lump sum benefit for undergoing specified surgeries.

  • Day Care Procedure Benefit: A lump sum benefit for undergoing specified day care procedures.

  • Other Surgical Benefit: A daily benefit for surgeries not listed in the Major Surgical Benefit or Day Care Procedure Benefit.

  • Medical Management Benefit: A lump sum benefit for specified medical conditions like Dengue, Malaria, etc.

  • Extended Hospitalization Benefit: A lump sum benefit for hospitalization exceeding 30 days.

• Other benefits:

  • Auto Step Up Benefit: IDB increases by 15% every three years, up to 1.5 times the initial amount.

  • No Claim Benefit: IDB increases by 5% for every three claim-free years.

  • Health Check-up Benefit: Actual expenses or half of the ADB, whichever is lower, are paid for health check-ups every three years.

  • Death Benefit:

    • For members other than the Principal Insured, the policy continues, and the premium for the deceased member ceases.

    • For the Principal Insured, the Auto Health Cover (AHC) benefit is triggered, waiving premiums for other members for a specified AHC period.

• Premium Payment: Yearly or half-yearly intervals.

• Modal Loading: No loading for yearly premiums, 1.5% loading for half-yearly premiums.

• HCB Rebates: Premium rebates are available based on the chosen HCB level.

This policy offers comprehensive health coverage with fixed benefits, ensuring financial stability during medical emergencies and promoting well-being for you and your family.