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L&T My Jeevika Cash@hospital Micro Insurance Plan

L&T My Jeevika Cash@hospital Micro Insurance Plan - This insurance policy is designed to safeguard the lives of people who are not financially stable. Because in this, plan the insurer is committed to reduce the financial burdens during hospitalization and provide a particular amount on regular basis as the expenses for the in-patient. The amount of getting regular expenses will of course depend on your chosen plan.

Special features of policy - L&T My Jeevika Cash@hospital Micro Insurance Plan

  • In any case, the insured person need hospitalization, it is subject to get paid with daily cash allowance for the hospital expenses.
  • Any untoward event, accident, ailment; whatever may be the reason for hospitalization, the expense is under coverage of this policy.
  • If you use cheque or DD instead of cash at the time of paying thee premiums, you will be entitled to tax benefits under the section 80D of the policy.
  • L&T My Jeevika Cash@ hospital Micro Insurance policy is obtainable for the period of one year.
  • You can continue the policy by renewing it within 15 days of expiry.

Coverage - L&T My Jeevika Cash@hospital Micro Insurance Plan

Due to hospitalization for minimum period of 24 hours, the cash allowance on regular basis is given to the insured person. The amount of this daily allowance will definitely depend upon the total insured sum. Various amounts of plans are available and you can opt for one of them. The benefit structure that you can access according to your plan is mentioned below.

Silver plan

Gold plan

Platinum plan

5 months to 60 years

250 rupees/day

500 rupees/day

1000 rupees/day

Above 60 years

125 rupees/day

250 rupees/day

500 rupees/day

Maximum amount in policy period of 6 months

7,500 rupees

15,000 rupees

30,000 rupees

Amount of premium - L&T My Jeevika Cash@hospital Micro Insurance Plan

The annual premium amount of Cash@ hospital Micro insurance policy will depend on the plan that you choose from the offered plans.

Types of plans

Amount for individual

Silver plan

Rs. 180-199

Gold plan

Rs. 330-364

Platinum plan

Rs. 660-728

Eligibility - L&T My Jeevika Cash@hospital Micro Insurance Plan

  • The starting entry age for this policy is 18 years and you can choose the policy for a person up to 65 years.
  • The procedure of renewal is possible for lifelong.
  • The entry age for children is 6 months to 18 years and it is only possible to issue the children’s name when the parents are insured already.
  • The reports of medical tests occurred prior to making the policy, are not accepted by the insurer. You have to go through the medical tests in diagnostic centers listed by the insurer and the will bear 50% of the total cost.

Exclusions - L&T My Jeevika Cash@hospital Micro Insurance Plan

Occurrence

Coverage

Pre-existing disease or complications related to pre-existing problem

Not covered for the first 48 months of issuing policy

Congenital Internal disease, Prostatic Hypertrophy (benign), Hernia, cataract, Heart diseases, Stones in urinary system etc.

Not covered for the first 48 months of issuing policy

Heart or kidney problem related to diabetes or hypertension

Not covered

Self-injury or suicide attempt

Not covered

Day care hospitalization

Not covered

Dental treatment or surgery

Not covered

Psychiatric, nervous condition

Not covered

Hospitalization due to pregnancy

Not covered

AIDS

Not covered

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