About ICICI Lombard General Insurance Co. Ltd.
ICICI Lombard General Insurance Company Limited has established itself as one of the largest insurance providers in India today. The broad portfolio of ICICI health insurance plans covers health insurance, critical illnesses, families, and accident insurance. With such extensive coverage, they ensure that their customers remain financially secure in times of health crises.
ICICI Lombard offers cashless claim facilities at 5,025+ network hospitals all over the country. Their in-house claim settlement team has maintained an impressive 78.32% claim settlement ratio. The lack of need for Third-Party Administrators (TPAs) has made them a formidable force with the workforce necessary for efficiently processing the 42+ lakh policies they have insured to date. Additionally, their comprehensive customer support team helps their clients through any difficulties they have during any process.
The range of ICICI Medical Insurance Plans are:
- ICICI Lombard Complete Health Insurance
- ICICI Lombard Group Health Insurance
- ICICI Lombard Group Personal Accident Policy
- ICICI Lombard Health Booster
- ICICI Lombard Health Care Plus Policy
- ICICI Lombard Personal Protect Insurance Policy
- ICICI Lombard Arogya Sanjeevani Policy Health Insurance
- ICICI Lombard Critical Care Insurance
Let’s take a closer look at each Max Bupa Health Insurance policy.
ICICI Lombard Complete Health Insurance
- Entry Age: 6-no maximum (Minimum is 3 months under Floater Plan)
- Policy Term: 1-2 years
- Sum Assured: Rs.5-50lakhs
- Pre and Post-Hospitalisation: 30 and 60 days, respectively.
Other benefits:
- No health check-up up to 45 years required before policy purchase.
- Covers daycare hospitalisation for less than 24 hours.
- Insured has the option to choose a sub-limit and modify their premium.
ICICI Lombard Health Booster
- Entry Age: Minimum 6 years
- Policy Term: 1-2 years
- Sum Insured: Rs.5-50lakhs
- Pre and Post-Hospitalisation: 30 and 60 days, respectively.
Other benefits:
- Additional Sum Insured: 10% increase in sum insured provided on each renewal for every claim-free year up to a maximum of 50%.
- Free Health Check-up: Offered through coupons at designated centres.
- No medical tests required for insured below 65 years and/or Sum Insured up to Rs. 10 lakhs
ICICI Lombard I Health
- Entry Age: 5–no limited
- Policy Term: 1-2 years
- Sum Assured: Rs.5,00,000-Rs.50,00,000
Other benefits:
- Any insured member can receive a free health checkup at the time of policy renewal.
- No sub-limits under this top-up plan
- Grace Period: 30 days
ICICI Lombard family shield Insurance PolicyChand the plan
- Entry Age: 18-65 years
- Policy Term: 1-3 years
- Sum Assured: Rs. Salaryperosn 10 time and seld 20 iem
- Renewability: Lifelong
Other benefits:
- Coverage: Accidental death and Permanent Total Disablement (PTD)
- Optional Cover: Accidental Hospitalization Expenses and Accidental Hospital Daily Allowance
- Grace Period: 30 days
- Free Look Period: 15 days
ICICI Lombard Cronacavach Policy Health Insurance
- Entry Age: 18-65 years
- Policy Term: 1 year
- Sum Assured: Rs.1-5 lakhs
- Pre and Post-Hospitalisation: 30 and 60 days respectively
Other benefits:
- Covers expenses incurred on the AYUSH systems of medicine
- Road Ambulance Coverage: Rs.2000 per hospitalisation
- Covers cataract treatment up to a specified limit
ICICI Lombard Critical Care Insurance
- Entry Age: 18-65 years
- Policy Term: 1-3 years
- Sum Assured: Rs.1-50 lakhs
- Coverage: 18 major critical illnesses
Other benefits:
- Illnesses Covered: Cancer; Coronary Artery Bypass Graft Surgery; Myocardial Infarction (Heart Attack); Kidney Failure (End Stage Renal Failure); Major Organ Transplant; Stroke; Paralysis; Heart Valve Replacement Surgery; Multiple Sclerosis
- Lump-sum payout in case of accidental death or diagnosis of any listed illness.
- No health check-up required.
What the Numerous ICICI Lombard Health Insurance Reviews Indicate
Every ICICI Health Insurance review indicates their numerous advantages. What places the company at the forefront among their peers shows in customer reviews. The range of benefits and advantages offered under every ICICI Lombard mediclaim policy cannot be ignored. So let us see what these are.
- Having over 5000 network hospitals puts them at a significant advantage. This ensures they can offer cashless hospitalisation facilities all over the country, reducing the work for their clients.
- A comprehensive overview of every ICICI health policy is available on their website. The easy navigation and customer support numbers everywhere allow them to provide maximum assistance to their clients.
- They offer several add-on benefits, including maternity benefits, newborn coverage, critical illness coverage etc. under their various plans. This means you can purchase a more general plan and then upgrade it for greater coverage.
- Once in a policy year, you have the option of restoring your sum insured to 100% provided you have made a claim during that term.
- Every ICICI Lombard Health Insurance premium is deductible under Section 80(D) of the Income Tax Act.
Premium Calculator for Health Insurance Under ICICI Lombard
When you renew your policy, you need to make your premium payment. ICICI Lombard allows you to calculate your premium beforehand so you can determine how much your ICICI health insurance policy will cost you.
The parameters used for this premium calculation include:
- Coverage details
- Medical history
- Policy term
- Sum insured you need
- The type of policy you want to buy
- Your age
ICICI Lombard Health Insurance Claim Process
The ICICI Lombard Health Insurance claim settlement ratio is 78.32%. This claim settlement ratio through their in-house settlement team proves their dedication to giving their clients the best chance at a claim settlement. They also evidently can distinguish between false and valid claims. Therefore, having the necessary documents to make a successful claim is of paramount importance. You also need to know which ICICI Lombard Health Insurance Form to use: cashless or reimbursement.
Cashless Claims
- Go to a network hospital and show them your ICICI Lombard health card.
- The hospital will then submit a pre-authorisation form to ICICI Lombard.
- Upon verification, ICICI Lombard will either approve or reject the claim.
- Once approved, the hospital will settle your bills with the insurer directly.
- In case you cannot fulfil the requirements of the ICICI cashless health insurance, you need to pay for your treatment, and you can file a reimbursement claim afterwards.
Reimbursement Claims
- Collect all the original medical documents from your non-network hospital upon discharge.
- Submit them along with your ICICI Lombard Reimbursement Form to the insurer.
- Within 15 days, ICICI Lombard will settle your reimbursement claim.
- Based on the ICICI Mediclaim Insurance policy’s terms and condition, you get notified about the status of your claim and receive the amount in your account accordingly.
Knowing the necessary documents for a successful claim process is a whole task in self. Luckily, Cover360's experts are here to ensure your processes go as smoothly as possible! Our approachable, 24*7 customer care support will help you not only choose an insurance plan but also help you have the best experience with your plan, ensuring that every process goes smoothly!
ICICI Lombard Health Insurance Renewal Process
- Visit cover360.in and go to our renewal page
- Enter the details asked
- You will be taken to the ICICI Lombard website to complete the renewal process
- Alternatively, for ICICILombard health insurance renewal online, you can go straight to the website, login, and go to the “Renewals” tab.
- Choose “Health Policy” from the drop-down menu.
- Enter your policy number and the date of birth of the eldest member under the policy.
- Finish the payment process, and you will receive confirmation about your renewal from the company.
For any further clarification, please reach out to our efficient customer care, and we will help you clear any doubts you may have! Our dedicated specialists want you to have the best experience with your insurance plan so that you get the financial independence and security you deserve!
