LIC’s New Critical Illness Benefit Rider is a Non-Linked, Non-Participating, Individual, Health rider
which will reduce the financial burden in case the Life Assured is diagnosed as suffering from any of the
pre-specified critical illnesses. This rider shall only be attached with non-linked plans at the inception of
the base policy and will provide an add-on benefit to the base plan.
On first diagnosis of any one of the 15 Critical Illnesses as mentioned below, provided the same is
admissible, the Critical Illness Sum Assured shall be payable. The Critical Illness Rider shall be
payable only once during the term of the policy while the Policy is inforce. The Rider ceases to
apply once the Critical Illness Sum Assured becomes payable.
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Product Location | India |