LIC New Critical Illness Benefit Rider (Plan No. UIN 512A212): Full Guide, Eligibility & Premium

New Critical Illness Benefit Rider belongs to LIC's riders family. In one line: lump sum on diagnosis

Eligibility at a glance — entry age 18 to 65 years; sum assured ₹1,00,000 to ₹25,00,000; policy term Same as base plan. Anything outside those bands will simply not be issued, so check them before you plan the premium.

What the plan actually gives you: Lump sum paid on diagnosis, independent of hospital bills Covers a defined list of major illnesses Waiting and survival periods apply Renewable with the base policy Those are the contractual features; bonus or market-linked components, where they apply, are declared by LIC each year and are not guaranteed in advance.

Who it suits: Sole earners and those with a family medical history. If that does not describe your situation, there is usually a better-fitting plan in the same family, and it costs nothing to ask.

Before you sign, run New Critical Illness Benefit Rider through the premium calculator on this site with your own age, sum assured and term. Seeing the yearly outgo next to the projected maturity value is the fastest way to know whether the plan fits your cash flow — and the fastest way to spot a mis-sold recommendation.

Buying, servicing and claiming are three different jobs. We help with all three free of charge, including for policies you bought elsewhere, from our office at Fort, Mumbai and online across India.