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LIC offers cancer cover with sum assured up to Rs 50 lakh

The 'Cancer Cover' policy can be taken by those in the age group of 20 to 65

Press Trust of India  |  Chennai 

LIC offers cancer cover with sum assured up to Rs 50 lakh

Corporation of India (LIC) on Tuesday announced the launch of a as a policy with sum assured ranging from Rs 10 lakh to Rs 50 lakh.

The 'Cancer Cover' policy, which can be taken by those in the age group of 20 to 65, was a non-linked plan with yearly and half-yearly premium paying options, a company release said.

Fixed benefits would be paid in case the Life Assured was diagnosed with any specified early and/or major stage cancer during the policy term subject to terms and conditions.

Sum assured is available from Rs 10 lakh to Rs 50 lakh. There were two options -- sum assured and increment of the sum assured by 10 per cent of basic sum assured for the first five years, it said.

South Zone Zonal Manager R Thamodharan unveiled the new plan in Chennai.

First Published: Tue, November 14 2017. 18:17 IST
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