LIC's Critical Illness Health Rider

No death benefit is payable under this rider.

No maturity benefit is payable under this rider. C. Death Benefit: No death benefit is payable under this rider.

Revival of this rider will only be considered along with the revival of the base policy. All terms and conditions of revival applicable under the base policy shall be applicable to this rider. The rate of interest applicable for revival shall be as applicable under Base Plan. Waiting periods and Exclusions as described under Para 16 and Annexure I respectively shall be applicable on revival. No benefit will be paid for an event that has occurred during the lapse period i. e. from the First Unpaid Premium till the Date of Revival.

If the policyholder is not satisfied with the “Terms and Conditions” of the Rider, the Rider Endorsement along with the Base Policy Document may be returned to the Corporation within 30 days from the date of receipt of the electronic or physical mode of policy document , whichever is earlier, stating the reasons of objections. On receipt of the same the Corporation shall cancel the Rider and return the amount of premium deposited for this rider after deducting the proportionate risk premium for Critical Illness Benefit for the period of cover (shall not be applicable during the waiting period) expenses incurred on medical examination,(including special reports, if any, on account of rider inclusion) and charges for stamp duty.

The exclusions applicable under the covered Critical illnesses are as mentioned in Annexure I.