Saturday, June 4, 2011

### LIC's Jeevan Arogya (Quick Cash facility)....

### LIC's Jeevan Arogya (Quick Cash facility)....

Quick Cash facility:


  • If any of the insured lives undergoes any eligible surgery covered under Category I or II of MSB in any of the listed network hospitals, you, as PI will have an option to avail Quick Cash facility.

  • Under this facility, 50% of eligible MSB amount would be made available even during the period of hospitalization of any of the insured lives covered (the surgery may be either planned or emergency due to accident) instead of waiting for making a claim for the benefit after discharge.

  • It will be only an advance payment in the event of hospitalization for any MSB defined in the surgeries listed under categories I & II and permissible under the policy conditions of the plan.

  • This will be, however, subject to approval from the TPA (Third Party Administrator), and the advance amount will be adjusted from the final settlement of MSB claim amount.

  • This facility of advance payment could be availed by submitting your Bank Account details in the prescribed format.

  • The amount of advance shall be credited to your bank account directly.

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