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Ghodbunder Road, Pokharan Rd Number 2, near Emerald Plaza, Vasant Vihar, Thane West, Thane, Maharashtra 400610

130 Pokharan Road Number 2 Thane Maharashtra 400610 IN

99675161659967516165

thane@licagent.co.in

https://thane.licagent.co.in

S Kulkarni is a trusted LIC and Insurance Agent in Thane, providing personalized solutions for individuals and families looking for financial security. With expertise in Life Insurance, Health Insurance, Retirement Planning, Investment Planning, Tax Planning, and other Insurance Planning needs, S Kulkarni offers comprehensive and customized solutions to meet the specific needs of each client. As a dedicated Insurance Agent, S Kulkarni understands the importance of Financial Planning and Wealth Management in achieving long-term financial security. With a commitment to providing the highest level of service and expertise, S Kulkarni is the go-to LIC and Insurance Agent in Thane for all your insurance and financial planning needs. Contact S Kulkarni today to schedule a consultation and take the first step towards a secure financial future.

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The post LIC Agent Thane West appeared first on LIC Agent Thane » S Kulkarni.

The premium rates will vary depending on the option chosen.
Option I Level Sum Insured: The Basic Sum Insured shall remain unchanged throughout the policy term.

Option II Increasing Sum Insured: The Sum Insured increases by 10% of Basic Sum Insured each year for first five years starting from the first policy anniversary or until the diagnosis of first event of Cancer, whichever is earlier. All the claims payable shall be based on the Increased Sum Insured at the policy anniversary coinciding or prior to the diagnosis of the first claim and further increases to this Sum Insured will not be applicable.
The benefits payable under the plan shall be based on the Applicable Sum Insured, where the Applicable Sum Insured shall be equal to –
 The Basic Sum Insured for policies taken under Option I; or
 Basic Sum Insured during first year and Increased Sum Insured thereafter, as per the provisions detailed in Option II above, for policies taken under Option II.

905 – Cancer Cover Benefits:
A. Early Stage Cancer: Provided the policy is inforce, on first diagnosis, of any one of the specified Early Stage Cancers (as defined) and if the same is admissible, the following benefits are payable:
i).Lump sum benefit: 25% of Applicable Sum Insured will be payable.
ii). Premium Waiver Benefit: Premiums for next three policy years or balance policy term, whichever is lesser, shall be waived from the policy anniversary coinciding or following the date of diagnosis. Premium(s) falling due from the date of diagnosis and before the next policy anniversary shall be deducted from the claim amount as mentioned under Para 9 of this circular.

The post LIC Cancer Cover appeared first on LIC Agent Thane » S Kulkarni.

Benefits offered under the plan are:
• Hospital cash benefit (HCB)
• Major Surgical Benefit (MSB)
• Day Care Procedure Benefit
• Other Surgical Benefit
• Ambulance Benefit
• Premium waiver Benefit (PWB)

Hospital Cash Benefit (HCB)
1)Hospital Cash Benefit (With in India only) is payable on per day basis. HCB amount varies from minimum of Rs. 2500 to maximum of Rs. 10000
2)During first policy year: Maxi. 30 days hospitalization & including 15 days in ICU (2 times HCB) for each one.
3)In second and onwards, Maximum 90 days of hospitalization and including 45days in I.C.U. for each insured.
4)Maximum of 900 days (inclusive of stay in ICU) during entire policy term for each insured.
5)Cover 140 surgeries.
6)Benefit payout is fixed irrespective of actual expenses incurred.

Major Surgical Benefit (MSB)
1) If more than one Surgery is performed on the Insured during the same surgical session, the Corporation shall pay 100% as per the category in respect of the most severe Surgery performed and for other surgeries 25% of the eligible amount shall be paid. This benefit shall be paid for each of the additional surgery done in the single session and is subject to the overall annual and lifetime limits.
2)The Major Surgical Benefit shall be paid as a lump sum as specified for the benefit concerned and is subject to providing proof of Surgery to the satisfaction of the Corporation.
3) The Major Surgical Benefit shall be payable only if the Surgery has been performed within India.
4) The total amount payable in respect of each Insured under the Major Surgical Benefit in any Policy Year during the Cover Period shall not exceed 100% of the Major Surgical Benefit Sum Assured in that Policy year.

Day Care Procedure Benefit:
In the event of an Insured, due to medical necessity undergoing any specified Day Care Procedure (as mentioned Annexure) within the Cover Period in a Hospital or Day Care Centre due to Accidental Bodily Injury or Sickness first occurring or manifesting itself on or after the Effective Date of Cover in respect of that Insured and during the Cover Period then, subject to Benefit Limits and Conditions as mentioned below, Waiting Period as mentioned under Para 6.IV and Exclusions as mentioned under Para 7 etc., a lump sum amount equal to 5 (five) times the Applicable Daily Benefit, shall be payable, regardless of the actual costs incurred

Other Surgical Benefit:
In the event of an Insured due to medical necessity, undergoing within the Cover Period any Surgery not listed under Major Surgical Benefit or Day Care Procedure Benefit, in a Hospital due to Accidental Bodily Injury or Sickness first occurring or manifesting itself on or after the Effective Date of Cover in respect of that Insured and during the Cover Period then, subject to the Benefit Limits and Conditions as mentioned below, Waiting Period as mentioned under Para 6.IV and Exclusions as mentioned under Para 7 etc., a Daily Benefit equal to 2.5 (two and a half) times the Applicable Daily Benefit, shall be payable, regardless of the actual costs incurred for each continuous period of 24 hours or part thereof provided any such part stay exceeds a continuous period of 4 hours of Hospitalization. Other Surgical Benefit shall be payable only if inpatient hospitalization stay exceeds 24 hours.

Ambulance Benefit:
In the event that a Major Surgical Benefit (as mentioned in the Major Surgical Benefit Annexure) is payable and emergency transportation costs by an ambulance have been incurred, an additional lump sum of Rs 1,000 will be payable in lieu of ambulance expenses.

Premium Waiver Benefit:
In case of major surgery as specified under category I or 2, premium payable for one year from the next premium due date coinciding or following the date of surgery is waived.

Auto Health Cover (AHC) Benefit:
In case of death of Original Principal Insured, the policy shall continue with new PI along with other eligible surviving Insured(s) covered under the policy, without any payment of premiums from the policy anniversary coinciding with or next following the date of death of the Principal Insured, for a further period of 15 years or upto specified age in respect of each of the Insured’s, whichever is earlier, provided they are eligible for this AHC Benefit.

Rider Benefits:-
The two riders, Term Rider and Accidental Benefit rider are available under this plan. The Accidental Benefit rider can be opted only if the Term rider has been opted.

Maturity Benefit:
No benefits are payable at end of the Cover Period

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