LIC Health Protection Plus (Plan 902) was a unit-linked health plan sold from 29 April 2009 to 11 October 2013. It paid a daily hospital cash, a major surgical benefit of 200 times that daily amount and domiciliary treatment cover, for you, your spouse and up to two children. A 35-year-old choosing ₹1,000 a day paid about ₹9,600 a year, with ₹2 lakh surgical cover.
Health Protection Plus 902 Premium Calculator
Your estimate
- Premium per instalment
- ₹9,600
- Family hospital cash per day
- ₹1,000
- Family major surgical cover
- ₹2,00,000
- Premium paying term
- 30 years
- Total premium paidtill your age 65, if rates stay the same
- ₹2,88,000
- You (principal insured)₹9,600100%
Individual life insurance premiums are exempt from GST from 22 September 2025. Figures are estimates based on typical rates and may differ from LIC’s official quote.
What is LIC Health Protection Plus Plan 902?
LIC Health Protection Plus (Plan 902, UIN 512L253V01) was a unit-linked health insurance plan. Instead of reimbursing hospital bills like a mediclaim policy, it paid fixed cash amounts: a daily allowance while in hospital, a lump sum for major surgery and cover for certain treatment at home. Premiums went into a unit fund, from which LIC deducted the cost of the health cover.
One policy could cover the principal insured, the spouse and up to two children. The plan was launched on 29 April 2009 and withdrawn from sale on 11 October 2013. If you still hold a policy, this page and the calculator help you understand your premium and benefits.
Health Protection Plus 902 at a glance
| Feature | Details |
|---|---|
| Plan number / UIN | 902 / 512L253V01 |
| Type | Unit-linked health insurance |
| Who is covered | Principal insured, spouse, up to 2 children |
| Daily hospital cash | ₹250 to ₹2,500 (spouse and children up to ₹1,500) |
| Major surgical benefit | 200 × daily hospital cash |
| Minimum yearly premium | Higher of ₹5,000 or 6 × principal insured’s daily cash |
| Premiums payable till | Principal insured’s age 65 |
| Status | Withdrawn from 11 October 2013 |
Eligibility and cover ages
| Member | Entry age | Hospital and surgical cover till | Home treatment cover till |
|---|---|---|---|
| Principal insured | 18 to 55 | 75 | No limit |
| Spouse | 18 to 55 | 75 | No limit |
| Child | 3 months to 17 | 25 | 25 |
How the premium was worked out
Each member has a rate per rupee of daily hospital cash that rises with age. The calculator multiplies each member’s daily cash by the rate, adds them, and then applies the minimum premium rule.
Example 1: a 35-year-old choosing ₹1,000 a day pays about ₹9,600 a year and has a major surgical benefit of ₹2,00,000.
Example 2 (family): the same person adds a 32-year-old spouse at ₹1,000 a day and a 6-year-old child at ₹500 a day. The family premium becomes about ₹20,100 a year: roughly ₹9,600 for the principal insured, ₹8,500 for the spouse and ₹2,000 for the child. Together they have ₹2,500 of daily hospital cash and ₹5,00,000 of surgical cover.
For small covers the minimum applies: anyone up to about 35 choosing ₹500 a day pays the ₹5,000 floor.
Tip: because Plan 902 pays fixed cash rather than your actual bill, it worked best as a top-up to a regular health insurance policy, not as a replacement for one.
Benefits in plain words
- Hospital cash benefit: a fixed daily amount when hospitalised for more than 48 hours, useful for travel, food and lost income.
- Major surgical benefit: 200 times the daily cash for surgeries on the plan’s list.
- Domiciliary treatment benefit: limited cover for treatment at home when hospitalisation is not possible, under set conditions.
- Fund value: since the plan was unit-linked, the balance in the fund depended on investment returns and charges.
Tax and GST
Health insurance premiums generally qualify under Section 126 of the Income-tax Act, 2025 (earlier Section 80D) within its limits. From 22 September 2025, individual health and life insurance premiums are exempt from GST, so no GST is added to the premiums shown here. Older receipts may show GST, which applied before that date.
What should existing policyholders do?
Keep paying if you value the fixed cash cover, but make sure you also have indemnity health insurance for large bills. LIC’s newer health products, Jeevan Arogya Plan 904 and the Cancer Cover Plan 905, have also been withdrawn. For the investment side of a ULIP, our ULIP calculator gives a general projection.
How to use this calculator
- Enter your age and daily hospital cash.
- Add your spouse and children if they are covered.
- Choose the payment mode.
- Read the yearly premium, instalment, surgical benefit and the family premium split. All figures are estimates from an independent site, based on the plan’s published rate structure.
Frequently asked questions
Can I still buy LIC Health Protection Plus 902?
No. LIC stopped new sales of Plan 902 on 11 October 2013. Existing policies continue under their original terms. LIC's later health plans, Jeevan Arogya (904) and Cancer Cover (905), have also been withdrawn, so new buyers should compare health policies from health or general insurers.
How was the Health Protection Plus premium calculated?
Each insured member's premium was the chosen daily hospital cash multiplied by an age-based rate, added together for the family. The yearly total could not be less than ₹5,000 or six times the principal insured's daily cash, whichever was higher.
What is the major surgical benefit in Plan 902?
It is a lump sum of 200 times the daily hospital cash, paid for listed major surgeries. With ₹1,000 a day, the surgical benefit is ₹2,00,000 per insured member.
When was hospital cash paid?
The daily hospital cash was paid when the insured was hospitalised for more than 48 hours, as per the policy conditions. It is a fixed amount per day, not a reimbursement of the actual bill.
Till what age does the cover continue?
Premiums are payable until the principal insured turns 65. Hospital cash and surgical cover run to age 75 for the principal insured and spouse, and to age 25 for children.
Why is this plan called unit-linked?
Premiums were credited to a unit fund, the Health Protection Plus fund, and the health charges were deducted from it. The fund value therefore moved with investment returns, unlike a normal health policy.
Disclaimer: LIC Premium Calculators is an independent website. We are not affiliated with, endorsed by or connected to Life Insurance Corporation of India. All figures are estimates for illustration; confirm exact premiums and benefits with LIC or a licensed agent before buying.