LIC is today lauching nationally the Unit Linked Health Insurance plan. I think it is the first time a health insurance plan is launched as a unit linked policy. The policy provides for Hospitalisation Cash benefit and Surgery Benefit. The administration and other charges are little high.
- LIC is planning to invest between 10% to 50% of the insurance premium in equity market.
- 30% of the first year premium would be taken as adminstration and other charges.
- 6% of the premium would be taken from the second year as administration charges.
Came across this blog with some information on this policy. Click here to view further details.