LIC Jeevan Arogya 903 was LIC's first fixed-benefit health plan, launched on 1 June 2011 and later replaced by Plan 904. It pays a chosen daily hospital cash of ₹1,000 to ₹4,000 and a surgical lump sum of 100 times that. For a 35-year-old man and his 32-year-old wife at ₹2,000 a day, the premium works out to about ₹8,596 a year.
Jeevan Arogya 903 Premium Calculator
Your estimate
for 2 insured members
- Premium per instalment
- ₹8,596
- Hospital cash per day (year 1)
- ₹2,000
- Hospital cash per day (after 10 years)grows 5% of the initial amount a year, up to 1.5×
- ₹3,000
- Day-care procedure benefit
- ₹10,000
- Other surgery benefit per day
- ₹4,000
- Accident rider premium (yearly)
- ₹0
- Cover till age
- 80 years
- Principal insured₹4,95158%
- Spouse₹3,64542%
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 Jeevan Arogya Plan 903?
LIC Jeevan Arogya (Plan 903, UIN 512N266V01) was launched on 1 June 2011, LIC’s first step into health insurance. It is a non-linked, non-participating plan that pays fixed cash amounts when an insured member is hospitalised or has surgery. The payout does not depend on the actual bill, so it can be claimed alongside a mediclaim policy.
LIC later revised the plan into Jeevan Arogya 904, and Jeevan Arogya is no longer sold today. This page helps existing 903 policyholders understand their premium and benefits.
Jeevan Arogya 903 at a glance
| Feature | Details |
|---|---|
| Plan number / UIN | 903 / 512N266V01 |
| Launched | 1 June 2011 |
| Status | Replaced by Plan 904; no longer sold |
| Daily hospital cash (HCB) | ₹1,000 to ₹4,000 |
| Major surgical benefit | 100 × initial daily cash (₹1 to 4 lakh) |
| Family cover | Self, spouse, children, parents, parents-in-law |
| Cover until | Age 80 (children until 25) |
| Riders | Term assurance, accident benefit |
| Tax | Section 126 of the Income-tax Act, 2025 (earlier Section 80D) |
Eligibility
Adults can join from 18: the principal insured and spouse up to 65 and parents up to 75. Children are covered from 91 days to 17 years at entry. Cover continues up to age 80 for adults and 25 for children.
How the premium is calculated
The source table gives a yearly premium per ₹1,000 of daily cash at five-year age points: separate rates for men, women and children. The calculator interpolates between those points, scales by your daily benefit and adds each covered member. Half-yearly, quarterly and monthly modes carry small loadings of 1%, 1.5% and 2%.
Worked example (₹2,000 a day):
| Family | Yearly premium |
|---|---|
| Man 35, alone | ₹4,951 |
| Man 35 + wife 32 | ₹8,596 (₹731 a month) |
| Man 35 + wife 32 + child 4 | ₹10,185 |
| Couple + ₹5 lakh accident rider | ₹9,096 |
For a 40-year-old man alone at ₹1,000 a day, the premium is about ₹2,800 a year.
Tip: the hospital cash grows each year, but your premium also rises as you move into older age bands. Check the renewal notice every three years, when rates can be revised.
Benefits
- Hospital cash benefit: the chosen daily amount for each day in hospital, rising by 5% of the initial amount a year up to 1.5 times.
- Major surgical benefit: a percentage of the surgical sum assured for about 140 listed major surgeries.
- Day-care procedures: 5 times the daily cash for listed procedures that do not need an overnight stay.
- Other surgeries: 2 times the daily cash for each day in hospital.
- Premium waiver: the next year’s premium is waived after a major surgical claim.
- Ambulance: a small fixed amount towards ambulance charges.
Jeevan Arogya 903 vs 904
Plan 904 kept the same fixed-benefit idea and family structure. It refined the premium table to single-year ages, limited payment to yearly or half-yearly mode and added flat rebates on higher daily benefits. Compare the two using the Jeevan Arogya 904 calculator. LIC’s later Arogya Rakshak 906 has also been withdrawn, so new buyers should compare health policies from health or general insurers.
How to use this calculator
Enter the principal insured’s age and gender, choose the daily cash, add your spouse, children and rider, and pick the premium mode. The calculator shows the total premium, instalment amount and the benefit figures for one member. Treat the premium as an estimate.
Frequently asked questions
When was LIC Jeevan Arogya 903 launched?
Plan 903 (UIN 512N266V01) was launched on 1 June 2011. It was LIC's first health plan paying fixed cash benefits rather than reimbursing bills. LIC later revised it into Jeevan Arogya Plan 904.
Can I still buy Jeevan Arogya 903?
No. Plan 903 was replaced by Plan 904, and Jeevan Arogya itself is no longer sold to new customers. Existing policyholders can continue and renew on their policy terms.
What is the premium for Jeevan Arogya 903?
Our estimate for a 35-year-old man alone at ₹2,000 a day is ₹4,951 a year. With a 32-year-old wife it is ₹8,596, and adding a 4-year-old child brings it to ₹10,185. The premium depends on each member's age and the daily benefit.
What benefits does Jeevan Arogya 903 give?
It pays daily hospital cash, a major surgical benefit of 100 times the daily cash for listed surgeries, a day-care benefit of 5 times the daily cash, and 2 times the daily cash per day for other surgeries, plus a premium waiver after a major surgery claim.
What is the waiting period in Jeevan Arogya 903?
Illness claims have an initial waiting period of 90 days from the start of cover, while accidents are covered from day one. Specific conditions listed in the policy have longer waiting periods.
Is there tax benefit on Jeevan Arogya 903 premium?
Yes. Premiums qualify under Section 126 (earlier 80D) within its limits for self, family and parents. Since 22 September 2025 individual health insurance premiums are GST-exempt, so renewals no longer carry the earlier 18% GST.
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.