Life

Can cancer patients take LIC policy?

Can cancer patients take LIC policy?

LIC Cancer Cover provides protection in case of Early Stage and Major Stage Cancer. LIC Cancer Cover Plan is a regular premium plan in which premiums can be paid Yearly or Half yearly for a policy term ranging from 10 to 30 years. The policy can be purchased offline as well as online.

Is LIC policy worth buying?

Is LIC Plan a good investment? Yes, LIC offers best life insurance plans. If you are looking for investment and protection option under one product, you can consider Endowment or Unit Linked Investment Plan (ULIP) as per your risk appetite and financial objectives.

What does Liberty’s cancer policy cover?

Liberty National’s Cash Cancer Policy is a one-time benefit supplemental policy for the first-time diagnosis of cancer. Choose a cash benefit amount up to $50,000 to be used in whatever manner you see fit. Use it for any type of treatment you and your doctor deem appropriate.

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Can cancer patients buy insurance?

While it is almost not possible to procure an insurance policy that can cover an individual who has already been diagnosed with cancer, it is possible to acquire a critical illness cover with your already existing term plan.

What is survival period in cancer insurance?

Survival Period: To be eligible for the claim, the insured has to survive a specified number of days (usually it is 7 days for most of the plans) from the date of diagnosis of cancer known as survival period.

How do I file a claim with Liberty National Cancer Policy?

You may contact our Customer Service Department at 800-333-0637 or 205-325-4979. One of our Customer Service Representatives will help you through the claim process. You can also follow the instructions on our website which can be found here.

Is Liberty National Insurance still in business?

The Liberty National Holding Company, created in 1979, expanded by acquiring United American, along with Globe Life and Accident Insurance Company and American Income Life. In the 1980s, the Liberty National Insurance Holding Company became Torchmark Corporation which then became Globe Life on August 8, 2019.