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New Critical Illness Benefit Rider

Lump sum on diagnosis

Pays a fixed amount on first diagnosis of any of the listed critical illnesses, usable for treatment or lost income.

Who it suits: Sole earners and those with a family medical history.

  • Riders
  • Lump sum on diagnosis
  • Pure Protection

LIC plan reference: UIN 512A212

LIC New Critical Illness Benefit Rider riders illustration

Eligibility at a glance

Entry age
18 to 65 years
Maturity age
Up to 75 years (plan dependent)
Sum assured
₹1,00,000 to ₹25,00,000
Policy term
Same as base plan
Premium modes
Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme

Key benefits

  • 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

Estimate your New Critical Illness Benefit Rider premium and maturity value

LIC Premium & Maturity Calculator

Estimates from publicly published LIC rate tables. Not a quotation.

Yearly premium
₹2,340
First instalment
₹2,340
Renewal instalment
₹2,340
Total outgo over the term
₹46,800

This is a pure risk plan — there is no maturity or surrender value.

Get an exact LIC quotation

Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.

Want an exact LIC illustration?

Your estimate is ready. For an official quotation and a suitability discussion on New Critical Illness Benefit Rider:

This plan may not be ideal if…

  • You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
  • You may need the money back within the first few years; early surrender values are low.
  • You want a maturity payout — this plan pays only on death during the term.
  • Your income is irregular and you cannot commit to the full premium paying term.

Frequently asked questions

Get advice on New Critical Illness Benefit Rider

Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.

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This page describes New Critical Illness Benefit Rider in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.