Mediclaim Insurance
Protect your health and your savings — comprehensive medical coverage for you and your entire family.
About Mediclaim Insurance
Mediclaim or Health Insurance is one of the most essential financial products in today's world where medical costs are rising exponentially. A single hospitalisation can wipe out years of savings. LIC's health products and mediclaim plans provide cashless hospitalisation, reimbursement of medical expenses, critical illness coverage, and much more. With a good mediclaim policy in place, you can focus entirely on recovery without worrying about hospital bills. These plans cover hospitalisation expenses, pre and post-hospitalisation costs, day-care procedures, and in some plans, outpatient consultations. Whether it is a planned surgery or a sudden medical emergency, mediclaim insurance ensures you have access to the best medical care without financial stress.
Quick Benefits
- Cashless hospitalisation at network hospitals
- Pre and post-hospitalisation cover
- Day-care procedures covered
- Critical illness lump sum benefit
- No-claim bonus for claim-free years
- Family floater option
Who Should Take This Plan?
Every individual and family — medical emergencies can happen to anyone at any age.
Young professionals who want to protect their savings from unexpected medical expenses.
Parents who want to ensure the best healthcare for their children without financial strain.
Senior citizens with higher health risks who need comprehensive coverage.
People with family history of critical illnesses like heart disease, diabetes, or cancer.
Anyone who relies on quality private hospitals for their healthcare needs.
Key Features
Cashless Facility
Access treatment at 5000+ network hospitals without paying from your pocket — LIC settles directly with the hospital.
Family Floater
Cover your entire family under a single plan with a shared sum insured — more economical than individual policies.
Critical Illness Cover
Receive a lump sum payment on diagnosis of critical illnesses like cancer, heart attack, stroke, kidney failure.
No-Claim Bonus
Sum insured increases by 5-50% for each claim-free year, rewarding healthy policyholders.
Pre-existing Conditions
Pre-existing conditions are covered after the waiting period (typically 2-4 years) in most mediclaim plans.
Annual Renewal
Easy annual renewal ensures continuous coverage. Some plans offer lifelong renewability without age restriction.
Save Taxes While You Protect
Mediclaim premiums are eligible for deduction under Section 80D. You can claim up to ₹25,000 for self, spouse, and children. An additional ₹25,000 (or ₹50,000 for senior citizens) is available for parents' health insurance. This means a family can save up to ₹1 lakh in taxes annually through mediclaim premiums — making it a powerful tax-saving tool alongside health protection.
Why This Plan Stands Out
vs No Insurance
A single cancer or cardiac treatment can cost ₹5-20 lakh. Mediclaim prevents financial devastation.
Cashless Convenience
Unlike saving money in FDs, cashless mediclaim gives immediate access to funds during emergency.
Rising Medical Costs
Medical inflation is 10-15% annually. Mediclaim protects you from this steep annual cost increase.
Mental Peace
Knowing you are covered allows you to focus on health recovery, not financial management.
Tax + Health Protection
Section 80D deduction means you get tax savings while protecting your health — double benefit.
Family Protection
Family floater ensures even one premium covers the medical needs of your entire family.
Interested in Mediclaim Insurance?
Let Atul Gitay guide you through the plan details and find the best option for your specific needs. Get a free, no-obligation consultation today.
Fill the form and Atul Gitay will personally reach out to you via WhatsApp within 1 hour.
- Free consultation
- No sales pressure
- Personalised advice
- Quick response
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Ready to Secure Your Future?
Get a free, no-obligation consultation with Atul Gitay today. He will help you find the right insurance plan.