LIC Health Protection Plus Review

LIC has launched “LIC Health Protection Plus”, a special long term health insurance plan for the entire family including husband, wife and the children. The plan offers health insurance benefits including Hospital Cash Benefit (HCB), Major Surgical Benefit (MSB) and Domiciliary Treatment Benefit (DTB).  This is one of few policy that LIC has come up with regard to health insurance.  Here is the mini LIC Health Protection Plus Review.

In this plan, the principal insured person must decide the family members to be included, based on which he/she can decide the premium amount. You can add member into the plan based on defined conditions such as marriage or child birth. The plan offers Yearly, Half-Yearly & Monthly ECS Payment Modes.  Only disadvantage when it comes to paying LIC Policy premiums is the fact that we cannot pay it from our credit card.  Hope LIC rectifies and let us pay via credit card.

Advantages of LIC Health Protection Plus are as follows:

Offers the benefit to meet domiciliary treatment and OPD (Out Patient Department) charges apart from Hospital Cash Benefit (HCB) and Major Surgical Benefit (MSB). Hence you can claim expenses even if you are not hospitalized. Offers Multiple MSB benefits. Offers Section 80(D) Tax Benefit. Offers Policy continuation even after if you stop premium

Disadvantages of LIC Health Protection Plus are as follows:

Includes many conditions. So it becomes essential to read and understand the conditions before going for the plan. Domiciliary Treatment Benefit is based on cessation of MSB and HCB, and can be claimed only after 3 years. Provides no Death insurance benefit. You will get only the fund value in case the Primary insured person expires. But the policy will...

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LICs health plan bags Golden Peacock award Hindu Business Line
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGB5vqeu7jT22GTe2Nqcxs27S2Cwgamp;url=http://www.thehindubusinessline.com/industry-and-economy/banking/article2831898.ece?ref%3Dwl_industry-and-economyimg src=//nt2.ggpht.com/news/tbn/DrskiQ3N-0XcOM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Hindu Business Line/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGB5vqeu7jT22GTe2Nqcxs27S2Cwgamp;url=http://www.thehindubusinessline.com/industry-and-economy/banking/article2831898.ece?ref%3Dwl_industry-and-economybbLIC#39;s health plan/b bags Golden Peacock award/b/abr /font size=-1bfont color=#6f6f6fHindu Business Line/font/b/fontbr /font size=-1Life Insurance Corporation of India has bagged the Golden Peacock Innovative Product/Services Award 2011 for its bhealth insurance/b product, Jeevan Arogya. The award was received by Ms Renu Jain, Head of bHealth Insurance/b Segment, bLIC/b of India, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=db_pYK8hVYoSdgMnobrb/b/nobr/a/font/div/font/td/tr/table

LIC crosses one-million mark in health insurance coverage Hindu Business Line
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGUNGWKOPtnsUzHLgakDr7dqNUawAamp;url=http://www.thehindubusinessline.com/industry-and-economy/banking/article2817650.ece?ref%3Dwl_industry-and-economyimg src=//nt2.ggpht.com/news/tbn/DrskiQ3N-0XcOM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Hindu Business Line/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGUNGWKOPtnsUzHLgakDr7dqNUawAamp;url=http://www.thehindubusinessline.com/industry-and-economy/banking/article2817650.ece?ref%3Dwl_industry-and-economybbLIC/b crosses one-million mark in bhealth insurance/b coverage/b/abr /font size=-1bfont color=#6f6f6fHindu Business Line/font/b/fontbr /font size=-1“One of the major drivers of this growth has been Jeevan Arogya, a benefit bhealth insurance/b product launched last year,” Ms Renu Jain, Head, bHealth Insurance/b Business, bLIC/b, told Business Line here on Friday. The total number of policies was over 5.44 b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dkHmwSTvLt9OsqMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Business and Investment Opportunity in the Indian Health Insurance Industry ... Sacramento Bee
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFmyZBpF1IJVcX75M3RuicuX8kIrQamp;url=http://www.sacbee.com/2012/01/19/4198828/business-and-investment-opportunity.htmlbBusiness and Investment Opportunity in the Indian bHealth Insurance/b Industry b/b/b/abr /font size=-1bfont color=#6f6f6fSacramento Bee/font/b/fontbr /font size=-1The Indian bhealth insurance/b market grew at a CAGR of 34.00% during the review period and is expected to grow at a CAGR of 23.51% over the forecast period to register the fastest growth among all the insurance sectors. Factors such as robust economic b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dFVRDuyAcl2PhEMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

ULIPs are not a failure:ZM Postnoon
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGBs1rzD4L8pejf-HLmbWswWzqYYgamp;url=http://postnoon.com/2012/01/24/ulips-are-not-a-failurezm/22397bULIPs are not a failure:ZM/b/abr /font size=-1bfont color=#6f6f6fPostnoon/font/b/fontbr /font size=-1bLIC/b has applied for the IRDA approval and would soon launch ULIPs. bLIC/b is concentrating in areas of bhealth insurance/b, children insurance and pension policies. There is a challenge to attract the 27 per cent customer base, which is with the competitors./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dq9_R2KXbVjWJaMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Query Corner: Insurance Economic Times
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFQzUYm1pCQRugRzb2RKPBfCsMdegamp;url=http://economictimes.indiatimes.com/personal-finance/insurance/analysis/query-corner-insurance/articleshow/11442740.cmsbQuery Corner: bInsurance/b/b/abr /font size=-1bfont color=#6f6f6fEconomic Times/font/b/fontbr /font size=-1I am thinking of The New India Assurance or Star Health. Am I on the right course? - Vaishali Kadam bLIC/b-Health Plus is a unit-linked bhealth insurance/b plan. It#39;s a defined benefit plan and offers benefits like hospital cash benefit and major surgical b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=ddPqPFeV5ckBsVMnobrb/b/nobr/a/font/div/font/td/tr/table