LIC’s Health Protection Plus plan is a unique long term Health Insurance Plan that offers health insurance covers for the entire family (husband, wife and the children) – Hospital Cash Benefit (HCB) and Major Surgical Benefit (MSB) along with a ULIP component (investment in the form of Units) that is specifically designed to meet Domiciliary Treatment Benefit (DTB) / Out Patient Department (OPD) expenses for the insured members.

It is similar to Jeevan Chhaya plan if it is mixed with Profit Plan, but the advantage is that the minimum term is 5 years whereas in Jeevan Chhaya, minimum term is 18 years. This plan is suitable for person who want to provide funds for children’s education/marriage and other needs. This plan will cater to the needs of wide range of age group of children.