ICICI Lombard Health Insurance

ICICI Lombard General Insurance Company is one of the leading private sector insurance companies based in India. It is a joint venture of both ICICI Bank Limited and Fairfax Financial Holding Limited (based in Canada).

ICIC Lombard General Insurance Company has been offering a variety of innovative products over the years as per the need of the customers. ICICI Lombard General Insurance Company offers insurance products in a variety of sectors such as health, two wheeler, car, travel, business etc.

The insurance plans offered by ICICI Lombard General Insurance are known for providing quality services along with comprehensive coverage. In this article, we will know in detail about ICICI Lombard Health Insurance plans. Like what are the benefits of this scheme? How much coverage is provided by the plan? And what are the eligibility criteria to buy ICICI Lombard Health Insurance?

Benefits Of ICICI Lombard Health Insurance

  1. Medical Cost:

Presently health medical cost has increased and it is likely to increase further in future. You ICICI Lombard Health Insurance policy helps keep you and your family financially secure during medical emergencies.

  1. Employer Health Policy:

If you are a salaried person then you are provided with health insurance policy by the employer. But this policy cover is provided to you as long as you work with the employer. Apart from this, your family members cannot be included in it. You can provide yourself and your family with the benefit of additional health insurance protection through ICICI Lombard Health Insurance Policy.

  1. Lifestyle diseases :

Due to the present lifestyle, many types of diseases are happening in the young generation. Hence there is a need for a family health insurance that can easily cover the extensive expenses incurred in the treatment of the disease. For lifestyle diseases, ICICI Lombard Health Insurance offers plans with high coverage at low cost.

  1. Premium Savings:

You can save on the premium if you take a family health insurance policy as compared to an individual health insurance policy. Because when more than 1 person is involved in a health insurance policy, a discount is offered by ICICI Lombard Health Insurance Company on the premium charged on it.

  1. Health needs of the family :

ICICI Lombard Health Insurance Policy offers insurance plans tailored to the needs of your family. It helps in choosing the best health insurance policy keeping in mind all your family needs.

  1. Tax Benefits:

ICICI Lombard Health Insurance also provides tax benefits under section 80D of the Income Tax Act on the premium paid by the individual. Thus you can also increase your tax savings through this policy.

  1. COVID-19:

COVID-19 is covered by ICICI Lombard Health Insurance policy. Under this, if the insured person is admitted to the hospital, then his expenses are covered by ICICI Lombard Health Insurance.

  1. Co – payment:

In co-pay the insured has to bear some additional charges on his own while making the claim for the sum insured but ICICI Lombard Health Insurance policy does not require you to bear any kind of co-pay.

  1. No Capping :

There is capping on the sum insured by many insurance companies in their health insurance policies but no capping is done by ICICI Lombard Health Insurance policy. You are provided with coverage to the extent that your family needs.

  1. Hospitalization :

If you are hospitalized for a medical reason for more than 24 hours, medical expenses incurred during that time, room charges, doctor surgeon charges, medicine bills, etc. are covered.

Additionally, ICICI Lombard Health Insurance also offers you benefits for medical expenses incurred up to 30 days before and 60 days after your hospitalisation.

  1. Day Care Treatment:

In this, you are also provided with the benefit for day care treatment. If you are admitted to the hospital for less than 24 hours.

  1. Ayush Treatment:

AYUSH treatment expenses are also covered by ICICI Lombard Health Insurance.

  1. Health Programme:

ICICI Lombard Health Insurance Wellness Points are awarded through various wellness and fitness activities which you can redeem for doctor’s consultation, medicine payment etc.

  1. Super No Claim Bonus:

If the term of the health insurance policy remains claim free, you are given a Super No Claim Bonus. In this, you are provided with an additional sum assured of up to 50% on the sum assured.

  1. Emergency Ambulance:

It also covers the cost of emergency ambulance.

  1. Free Health Checkup :

The ICICI Lombard Health Insurance policy provides one health check-up coupon to the insured every policy year. Through this you can get your health checkup done free of cost.

  1. Air Ambulance Cover:

Air ambulance expenses are also covered in this.

  1. Worldwide Cover:

You can take advantage of this policy anywhere in the world. It also provides you insurance cover on medical expenses incurred abroad.

  1. Donor Expenses:

This policy also provides you coverage for organ donor expenses.

  1. Reset Advantage:

You are also provided with reset benefits in this policy. If you feel that the sum insured is less as per the needs of your family, then you can reset your such Lombard health insurance policy at any time.

  1. Cashless Hospital:

In this, when you are admitted to a cashless hospital, the insurance amount is paid directly to the hospital to pay your bills. You do not need to wait for this.

  1. Pre- existing Diseases :

Some pre-existing diseases are covered with immediate effect while for some there is a waiting period of up to 2 years.

  1. Free Look Period:

Also provides you a free look period for 15 days. If you feel that you are not satisfied with this policy, you can terminate your policy anytime within these 15 days.

ICICI Lombard Health Insurance Eligibility

  • You must be above 18 years of age to buy ICICI Lombard Health Insurance policy for yourself and your family members.
  • The child must be above 3 months of age to be covered under the family insurance plans of ICICI Lombard Health Insurance. To buy an individual health plan for a child, he/she must be above 6 years of age. ,
  • To buy ICICI Lombard Health Insurance for a person of 46 years of age will have to undergo a medical test at designated diagnostic centers.

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