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The deadly C-Word. 1 out of 6 deaths world wide is caused by cancer & the cost of treatment is a major dent to anyone’s financial condition.
Now the recently launched LIC Cancer care plan is one of the best financial products you could buy comparing its pricing & features. Here is why
–One of the cheapest cancer protect plans in the market & the best interms of cover.
–A 10 lakh cancer cover for any average male & women of age 30 will cost will cost Rs.3000 per year.
–This policy can be separately claimed for tax benefit under 80D, so based on your tax slab you can save upto 30%, your effective price is very low.
–So approximately at an average of Rs.7 rs per day you get 10lakh cancer cover.
Adding to these advantages is that unlike other medical covers, your Premium for the plan won’t change with age. So even after 10 years or 20 years, premium will be same which will be peanuts considering inflation.
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