Sore points — after early-stage cancer, premium waived only for three years; covers only one early-stage cancer

A cancer policy from a life insurer is more comprehensive than a critical illness policy, where cancer is one of the many illnesses that are covered. LIC, the largest and only public life insurance company, recently launched its cancer policy. LIC Cancer Cover is a non-linked health plan that provides benefit in case an individual is diagnosed with cancer. The policy is available for people in...