LIC Critical Illness Rider Calculator: Get Premium Quotes for Illness Coverage

1. Introduction

You need health protection in your LIC policy. The LIC Critical Illness Rider Calculator helps you add it. This tool projects premiums for a lump-sum payout when doctors diagnose one of 15 major illnesses such as cancer or heart attack. As a non-linked rider, it covers medical costs and works with your life insurance.

You complete the process online without waiting. Enter basic details and receive quotes right away. The rider pays the full amount on your first diagnosis, and this matters since healthcare expenses rise every year.

---

2. About the Plan - Key Details

Plan Overview: LIC's New Critical Illness Benefit Rider (UIN 512A212V02) attaches to your base policy. It provides a lump sum benefit on the first diagnosis of any of the specified critical illnesses.

Eligibility Criteria: Entry ages run from 18 to 60 years based on your nearest birthday. Coverage lasts until you reach 65 to 75 years old. Choose a term from 5 to 35 years to fit your needs.

Sum Assured: The minimum sum assured starts at ₹1 lakh. You select up to ₹25 lakhs as the maximum. Pay premiums annually for simplicity.

---

3. Key Features & Benefits

Lump Sum Payout: You receive the full sum assured on your first diagnosis of a covered illness like stroke or kidney failure. Funds arrive immediately so you pay for treatments.

Coverage: This rider protects against 15 conditions, and some include early-stage coverage.

Tax Benefits: Claim tax deductions under sections 80C and 10(10D) because premiums qualify. Gender-based rates keep costs fair for everyone.

---

4. How to Use the Calculator

Step 1: Enter Date of Birth and Gender

You begin with the Date of Birth field. Click the calendar to select your date because it is required. Small text notes the age range of 18 to 65 years. Below that, pick Gender from the dropdown. Choose Male or Female since this affects rates.

Step 2: Enter Critical Illness Sum Assured

Type your amount in the CISA field. Start at ₹1,00,000 minimum. The placeholder shows this value, and small text repeats it. Add in steps of ₹1,000 so you stay accurate.

Step 3: Enter Policy Term

Input years in the Policy Term field. Select from 5 to 35 because it must match your base plan. The placeholder lists the range, and small text explains it further.

Step 4: Calculate and View Outputs

Premium mode sets to yearly by default, but it stays hidden. Press the Calculate button to run the numbers. See your annual premium, sum assured, and benefit summary.