revised features of j arogya

7/29/2019 REVISED Features of J Arogya

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LICs Jeevan Arogya

Comprehensive Health Plan

Principal Insured+Spouse+Dependent

Children+Parents+Parents-in-lawCoverage up to 80 years; up to 25

years for Dependent Children


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Jeevan Arogya (T-903)Plan NOP Share FP (Cr.) Share

No. of

Lives

HPP 12778 5% 11.94 15% 22245

JA 220683 95% 69.7 85% 317506

TOTAL 233461 100% 81.64 100% 339751


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USPs of Jeevan Arogya

Fixed Benefit Plan Claim amountpaid directly to the CustomerHealth Cover upto age 80 years with

Premium @ Age at EntryAffordable Premium rates - Guaranteedfor 3 years

Quick Cash FacilityTerm Assurance & Accident Benefit Riders

Scope to cover under Non-Medical Scheme


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Commission under J. ArogyaAgents & Corporate Agents:

Bonus Comm: 40% of 1styearscommission is payable in the first year

1st

Year 2nd

& 3rd

Years SubsequentYears

25% 7.5% 5%


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Income Tax RebateRs. 15000 underSec-80D; Rs. 20000

if Sr. Citizens

Additional Rs. 15000

for Parents; Rs.20000 if Sr.Citizens


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Non-Medical Schemes

NMG Health Protection Plus Jeevan Arogya

Standard Age

Proof NSAP-1

Standard Age proof &

NSAP-1

Upto 35

years 4 lakhs 3 lakhs 5 lakhs

36-45 2 lakhs 1 lakh

2 lakhs46-50 1 lakh 50,000

NMS Health Protection Plus Jeevan Arogya

Upto 45

years 5 lakhs 5 lakhs

46-50 4 lakhs 4 lakhs


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HCB

No claimBonus

AutomaticEscalation

Term rider& Acc. Benefit

DCPB

MSBAmbulance benefit

PWB

Quick cash benefit

IT under sec80D


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Hospital Cash Benefit (HCB)Initial Daily Benefit @Rs. 1000, Rs. 2000, Rs.3000 & Rs. 4000

24+4 HoursHospitalization

I 24 hrs excluded But paid if Hspzn morethan 7 days

90 Days WaitingPeriod But not forAccidents


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0

1000

2000

3000

4000

5000

6000

7000

1 2 3 4 5 6 7 8 9 10 11 12

HCB ADB

Year -->

Applicable Daily Benefit (ADB)

Takes care ofInflation

AutomaticEscalation

Increase by 5%every year

Maximum up to1.5 times -InitialHCB


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No Claim Benefit

5% increase in

ADBEvery 3 years

No Upper

Limit


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Major Surgical Benefit(MSB)

100 TIMESApplicable HCB(ADB)

100% MSB permember/per annum;800% during LifeTime

Surgeries:Cat I 100%

Cat-II 60%

Cat III 40%

Cat IV

20%
http://www.diseaseproof.com/archives/hurtful-food-bypass-surgery.html


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Quick Cash Benefit ( QCB)50% of MSBpaid in advanceEligible for Cat-I& II

Surgery in

Network Hospitals
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Ambulance Benefit

For Category I &

II Surgeries

Rs. 1000 per

person per annum


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Day Care Procedure Benefit (DCPB)140 Surgeriescovered

5 Times ADB

3 Times per year

24 times maximum


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Other Surgical Benefit (OSB)2 Times ADB15 Days in Year-1

45 Days thereafter

360 Days duringLife time

Stay in hospitalto exceed 24hrs


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Premium Waiver BenefitOne year premium

waivedFor Cat-I & IISurgeries

Surgery for anymember


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Term Rider & Accident BenefitOptional

For PI & InsuredSpouse

AB @ Rs.0.50 per

1000Maximum Benefitceasing age: 60 years


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Review of PremiumEvery 3 YearsOn Portfolio basis

Premium @ age atentry

No change due to

claim, if preferred
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ILLUSTRATIONBENEFIT 1ST YEAR (RS) 2 ND YEAR (RS) MAXIMUM IN POLICY

PERIOD (RS)

HOSPITAL CASHBENEFIT

45,000 1,41,750 16,20,000

MAJOR SURJICALBENEFIT 1,00,000 1,05,000 12,00,000DAY CAREPROCEDUREBENEFIT

15,000 15,750 1,80,000

OTHER SURJICALBENEFIT 30,000 94,500 10,80,000TOTALMAXIMUMBENEFIT (PER

INSURED)

40,80,000


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What ever be the test, Jeevan Arogya is the Best!Let us leverage Jeevan Arogya Plan Benefits &

achieve HI Targets..

Golden Peacock Award for Jeevan Arogya


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revised features of j arogya

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