ICICI Lombard HEALTH INSURANCE

CRITICAL CARE-HEALTH INSURANCE

Critical care is a single cure for all critical illness related requirement. This policy insures you against the risks of serious illness in much the same way as you insure your car and your house. It gives you the security of knowing that a guaranteed cash sum will be paid if the unexpected happens and you are diagnosed with a critical illness.

Our insurance policy empowers you to be prepared for the unexpected by covering critical illness like cancer, bypass surgery, heart attack, renal failure in end stage, stroke, paralysis, organ transplant etc.

 

COVERAGE

This policy offers a comprehensive cover for critical illness, permanent total disablement (PTD) AND personal accident insurance.

·                     An individual may be offered an insurance cover of up to rupees five lacs

·                     People between 20 to 45 yrs of age can be covered under this policy.

·                     The policy can be taken for a period of three or five years. During the tenure, the policy covers the insured for the following.

·                      Diagnosis of major medical illness and procedure as under

                    a) Cancer

                    b) By pass surgery

                    c) Myocardial Infarction (heart attack)

                    d) Major organ transplant

                     f) Stroke

                     g) Paralysis

                    h) Multiple sclerosis

                    I) Heart valve replacement surgery

·                     Death of injured person on account of an accident.

·                     Permanent total disablement (PTD) on account of an accident resulting in the inability to remain gainfully employed.

 

ADVANTAGES

·                      Only a simple health declaration is required for buying the policy, we do not ask for any medical check up.

·                     The benefit amount is payable once the disease meeting specific criteria.

·                     The insured receives the amount as lump sum so that he can plan the treatment accordingly.

·                     This is a long-term plan that provides cover for or five years, unlike other health insurance plans that are annual.

·                     The premium paid against critical illness is exempt under the Income Tax Act- section 80D.

 

PREMIUM

The premium depends on the appicant's age and the policy tenure opted for

AGE	SI=lacs		SI=lacs		SI=lacs
	3yrs	5yrs	3yrs	5yrs	3yrs	5yrs
20-25	4800	8100	1920	3240	NA	NA
26-30	5500	9400	2200	3760	NA	NA
31-35	6900	11650	2760	4660	NA	NA
36-40	8550	15300	3420	6120	1710	3060
41-45	17000	31800	6800	12720	3400	6360

                                                                          

The premium given above is inclusive of service tax @12% and education cess@ 2%.

It should be noted that the sum insured of 1 lac is not applicable in the age group of 20 to 35yrs.

Age will be calculated as completed age in years on the date of the issuance of policy.

 

CLAIM PROCESS

In case of a claim, follow the procedure given below:

·                     ICICI Lombard to be informed of the claim on the toll free number/call centre giving the details of the policy issued.

·                     Submit the document to company.

·                     Admissible claims will be settled by the company within 21 days of receipt of all completed documents such as death certificate, doctor’s certificate, FIR, police report etc.