Elevate ICICI Lombard Health Insurance

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ICICI Lombard’s Elevate plan is an entirely new way of securing the goals of your family’s healthcare needs. This new plan grants policyholders the power to customize coverage and to avail of infinite care in terms of an infinite sum insured and infinite claim amount.

Highlights of ICICI Lombard - Elevate

Claim Settlement Ratio – 99.7%

NCB* - up to 50%

PED Waiting# - up to 48 months

Network Hospital – 40,000+

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Pros & Cons of ICICI Lombard - Elevate Health Insurance

This is a comprehensive plan offering hospitalization and daycare treatment coverage among other covers

The policy also offers unlimited reset of the sum insured

The policy offers cashless approval in a quick period of 2 hours

It comes with a 30% discount on Renewal for Active Living

It also comes with a 100% SI increase every year and unlimited SI on any one claim during a policy lifetime

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ICICI Lombard - Elevate
Health Insurance Company

ICICI Lombard Health Insurance Company Ltd is a leading private general insurance company that offers a range of comprehensive and well-diversified products through multiple channels of distribution. This customer-centric company has a legacy of over 2 decades and is committed to its loyal customers. ICICI Lombard has over 312 branches with over 13,670 employees as of March 31, 2024. The insurer has issued over 36.2 million policies, honored over 2.9 million claims, and has a Gross Written Premium (GWP) of ₹255.94 billion for the year ended March 31, 2024.

Founded in

2001

Number of Claims

2.9 million claims paid

Number of Policies

36.2 million

Turnover (GWP)

INR 255.94 billion

JV Partners

ICICI Bank & Fairfax Financial Holdings Limited

Claims Experience

Claims Experience Rating 4.7

% of claims settled in less than 30 days
Reflects on the speed of settling valid claims

99.74%

% of Complaints received on overall claims
% customers unhappy with claims experience

0.13%

Claims Incurred Ratio

77.33%

Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?

99.7%

No. of Cashless Hospitals

40,000+

Benefits of ICICI Lombard - Elevate Health Insurance

In-patient Hospitalization
ICU Rent Limit	Up to single private AC roo
Room Rent Limit	Covered
Pre & Post Hospitalization
Post-hospitalization expenses are covered	up to the Sum Insured
Post-hospitalization expenses are covered for up to	180 days after the date of discharge from the hospital
Pre-hospitalization expenses covered	up to the Sum Insured
Pre-hospitalization expenses covered up to	90 days before hospitalization
Day Care Treatment
Financial Limit	Up to sum insured
No. of treatments covered	Basic and modern treatments