LIC's New Jeevan Arogya-T 904

LIC has introduced a Modified Jeevan Arogya plan which launched on 16th November 2013. Kindly note that the Plan Number for this modified plan is 904.The modifications are given as under:

Standard definitions have been incorporated in Policy Document for all standard terms defined in the new guidelines.Only yearly and half yearly modes of premium payment shall be available

Children covered under the policy shall be provided the option to take a new policy on renewal of the Policy after completion of 18 years of age or at the end of the maximum cover ceasing age (i.e.25 years) under the current policy.....Service Tax will be separately collected along with the premium.

All other features are same as Jeevan Arogya 903,,

It's different from other Mediclaim policies and you should know everything rules and regulations of this policy before you buying..Eligible Income tax Rebate U/s  80D Mediclaim..as per Income tax rules..

Eligible Income tax Rebate U/s  80 D of mediclaim..as per Income tax rules..

Basic income tax deduction: Mediclaim premium paid for Self, Spouse or dependent children. Maximum deduction Rs 15,000. In case any of the persons specified above is a senior citizen (i.e. 65 years or more as of end of the year up to F.Y. 2010-11 and 60 years from F.Y. 2011-12) and Mediclaim Insurance premium is paid for such senior citizen, deduction amount is enhanced to Rs. 20,000. 

Additional deduction: Mediclaim premium paid for parents. Maximum deduction Rs 15,000. In case any of the parents covered by the Mediclaim policy is a senior citizen, deduction amount is enhanced to Rs. 20,000. -

Note: This is only very little-bit information about this policy ...Do you want to know the all particulars of above policy  you must contact your Family LIC agent as early..