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ICICI Lombard’s comprehensive health insurance policy allows you to get timely medical assistance through our wide network of cashless hospitals. We have an in-house claim settlement team, which ensures timely and hassle-free claim processing. In fact, we settled 99.09% of health claims in FY2016 within 30 days of claim filing.
Moreover, by opting for our health insurance policy, you get lower premium rates! Read More
ICICI Lombard’s Complete Health Insurance policy offers you an option to avail a deductible under the policy. A deductible is the part expense that has to be borne by you before the insurance provider pays the balance amount, in case of a claim. The deductible component is voluntary and you can choose the amount of deductible that you are willing to pay from your pocket. Correspondingly, this will lower the premium amount of your policy. The deductible clause is applicable for all the claims within a policy year.
Our Complete Health Insurance policy comes with a host of benefits, including cover for alternate medical treatments under AYUSH. With a lifetime renewability feature, you can secure your healthcare costs with no cap on the eligibility age. You can also enjoy tax benefits under section 80D. Additionally, you can boost your health insurance cover by opting for our Health Booster plan, which is a super top-up cover to take care of any excess payment that may arise over and above the amount covered under your existing health plan. What’s more, you can choose a Health Booster even if you don’t have a health insurance policy and get cover beyond the deductible chosen.
Flexible Deductible Options
Lifetime Cover
Reset Benefit
Cover for Pre-existing Diseases
Emergency Ambulance Coverage
Day Care Treatment
Donor Expenses
I chose a deductible option under ICICI Lombard’s health insurance plan. This allowed me to select the amount I was willing to pay out of my pocket, and in return, pay a lower premium for my policy, which fits my budget.
The ICICI Lombard health policy clearly specifies the amount that I would need to pay as deductible. Thanks to this transparency, there were no surprises or confusion while making the payment for my mother’s surgery.
Mr. Lalit Vishwakarma was planning his finances when his friend advised him about the importance of opting for health insurance and how it helped him during an emergency. He decided that he should purchase a policy for himself and his family. However, with his existing loans and monthly expenses, he worried that a health insurance policy might not fit his budget.
Lalit began reading about the various health insurance policy options available and comparing them online. It was then that he came across a component called voluntary deductible under the policy offered by ICICI Lombard. He understood that availing this option would reduce his policy premium while covering the essentials. Since he lived in a tier-3 town, where hospital expenses were moderate, he was able to reduce his total premium cover.
So choose your policy carefully and select the features you need wisely, to get lowered premium.
Understand Deductible in Health Booster