ICICI Lombard Health Insurance is a part of the ICICI Lombard General Insurance Company, which is termed as one of the top companies in private general insurance sector. ICICI Lombard is formed as a collaboration between ICICI Bank Limited and Fairfax Financial Holdings Ltd. of Canada. The company has received many accolades over the years in the form of awards and appreciations for their customer-focused approach and innovative line of products.
Claim settlement ratio 99.7%
NCB* Up to 50% additional sum insured*
PED Waiting# 48 months
Network Hospital 5025+
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|ICICI Lombard Health Insurance Plan||Plan Type||Entry Age|
|Health Advantage||Plan Type : Base Product||Entry Age : Minimum – 18 years, Maximum – 65 years|
|Golden Shield||Plan Type : Base Product||Entry Age : minimum – 56 year, maximum – No upper age limit|
In the health insurance sector, the insurer offers a wide selection of products that offer wide coverage. In addition to standard health plans, the insurer also presents top-up policies to cover policyholders. The insurer has an extensive network of hospitals offering premier cashless treatment and a good consistent claim ratio that is available under ICICI Lombard health insurance hospital list.
|Network Hospitals Available||5025+|
|Waiting Period (Pre-existing Ailments)||2-4 years|
|ICICI Health Claims Settlement Ratio||99.98%|
* Year Data 2020-21
ICICI Lombard has received many awards:
Below are the benefits of availing health plans by ICICI Lombard health insurance:
Here are some of the top ICICI Lombard Health Insurance Plans:
Coverage and Benefits –
Entry Age – 18 to 65 years
Coverage and Benefits
This health plan offers affordable health coverage options with sufficient protection.
Coverage and Benefits
This ICICI Lombard insurance is a super top-up plan that is available as individual and family floater.
Coverage and Benefits
Below are the steps to follow:
Below are the steps for the ICICI Lombard health insurance renewal process:
To file a claim for ICICI health insurance it is required to first register a claim with the applicant. Below are the steps to file for a ICICI Lombard health claim:
The ratio of claims that are settled by an insurer during a policy year as against the complete claims that the insurer receives during the year is called Claim Settlement Ratio.
The claim settlement ratio of ICICI Lombard Health insurance for the financial year 2018-19 was 78.32%, while it was 78.67% for the FY 2019-20.
|Financial Year||Claim Settlement Ratio|
Below are the benefits of buying ICICI Lombard health insurance plans:
1. Sum Insured Restoration - These health plans allow individuals to restore 100% of the sum insured during the term of the policy if the sum insured gets exhausted because of earlier claims made during the policy year.
2. Value-Added facilities allowed - These health plans allow value-added services like e-consultation and online consultation with medical practitioners along with offering free health check-up, physiotherapy and so on.
3. No Restrictions on age of entry - These health plans don't have any entry age restriction and thus can be bought at any age.
4. Lifetime Renew facility - These plans offer lifetime renewability option without any restriction of age of policy owner.
5. Wellness Point Rewards - These plans reward policyholders by means of wellness points for maintaining healthy habits, which can be redeemed later.
Yes, most ICICI Lombard health plans allow portability features within the company from one plan to another as well as from one policy provider to another. You need to approach the company to avail this feature.
# For planned hospitalization the insured should inform the insurance company two days in advance of getting admitted to the hospital.
# For sudden hospitalizations the insured should inform the insurance company within 24 hours of getting admitted in the hospital.
# Also, the insured can call at the insurer's toll-free number and intimate the health insurance provider.
# The insured can also email the insurer at firstname.lastname@example.org.
# Finally, the insured can also contact at the head office of the company in Hyderabad.
The various types of insurance offered by ICICI Lombard include;
1. Health insurance
2. Two-wheeler insurance
3. Car insurance
4. Travel insurance
5. Business insurance
6. Rural insurance
7. Home insurance
8. Marine Insurance etc.
Below are the steps:
# Go to the website of ICICI Lombard health Insurance.
# Click on ‘Renew’ on the home page.
# Submit policy details. Now, click on the tab ‘Renew’.
# Choose the quote that suits you aptly.
# Make the payment online.
Following documents are required to settle health insurance claims of ICICI Lombard:
* The accumulated cumulative bonus or the NCB shall not exceed 100% of the Sum Insured on the Renewed Policy as specified in the policy terms.
# Ailments diagnosed within 48 months before policy issuance date or any medical treatment received within 48 months before the issue date of policy