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ICICI Lombard Personal Protect Plan

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ICICI Lombard Personal Protect Plan

 

ICICI Lombard Personal Protect Plan is a Personal Accident Insurance Policy which offers compensation in case of Accidental Death, Permanent Total Disability and Permanent Partial Disability along with Dismemberment. 

 

How it works – In this plan, premium needs to be paid in a lump sum and can be availed for a period of 12 months. This policy can be availed for the entire family as well which includes self, spouse and dependent children till 25 years of age. 

 

This plan covers Accidental Death, Total and Permanent Disability as well as Permanent Partial Disability. Thus, if the Life Insured dies accidentally within the policy enforcement, the total Sum Assured would be paid to the nominee and the policy would be terminated.

 

However, if the Life Insured suffers Disability or Dismemberment due to an accident, a certain percentage or the total Sum Assured would be paid to the Life Insured towards his recovery depending upon the severity of the effect.

 

There are some Additional Benefits in this plan with additional premium:

*

  • Accidental Hospitalization Expenses **: This plan reimburses Medical Expenses reimbursed during hospitalization arising out of an accident
  • Accidental Hospital Daily Allowance - There is a facility where a specified daily allowance is paid for each day of hospitalization due to an Accident up to a maximum of 30 days in a year

 

 

 

Key Features of ICICI Lombard Personal Protect Plan

 

§         This plan provides cover for treatment for any injuries or illness caused by accidents

§         This plan covers

o         Accidental Death

o         Total and Permanent Disability

o         Permanent and Partial Disability

o         Dismemberment like loss of limbs, etc.

§         This plan pays a Lump Sum Amount in the event of death of the Life Insured due to an accident

§         Additional Benefits of this Plan:

o         Accidental Hospitalization Expenses

o         Accidental Hospital Daily Allowance

§         This policy compensates for injuries occurred anywhere in the world

§         This plan covers accidents due to war and terrorism during the policy period

§         There is no medical checkup required at the time of policy issuance

§         This policy can be purchased online

 

 

What is covered in ICICI Lombard Personal Protect Plan?

 

All medical expenses due to the following are covered:

·         Accidental Death

·         Total and Permanent Disability

·         Permanent and Partial Disability

·         Dismemberment like loss of limbs, etc.

 

 

Additional Benefits of ICICI Lombard Personal Protect Plan

 

There are certain additional benefits available in this

Accidental Hospitalization Expenses **:This plan reimburses Medical Expenses reimbursed during hospitalization arising out of an accident

Accidental Hospital Daily Allowance - There is a facility where a specified daily allowance is paid for each day of hospitalization due to an Accident up to a maximum of 30 days in a year

 

 

Eligibility and Restrictions of ICICI Lombard Personal Protect Plan

 

 

 

Minimum

Maximum

Sum Assured of Life Insured (in Rs)

3,00,000

25,00,000

Policy Term (in years)

1, 3

5

Entry Age of Life Insured/Spouse (in years)

18

80

Entry Age of Children (in years)

0

25

Renewable till Age (in years)

-

80

 

 

Family Floater Policy will cover

 

In case of Family Package option, it covers Self, Spouse, Children and Dependent Parents but within the ages 18 to 80 years of age.

 

 

Tax Benefits of ICICI Lombard Personal Protect Plan

 

There is no Tax Benefit under this plan

 

 

Exclusions - What is not covered in ICICI Lombard Personal Protect Plan?

 

This policy does not provide benefits for any Death, Disability, expense or loss incurred in result of any injury attributable directly or indirectly to the following:

·         From intentional self-injury, suicide or attempted suicide

·         Whilst under the influence of intoxicating liquor or drugs

·         Whilst engaging in aviation or ballooning, or whilst mounting into, or dismounting from or travelling in any balloon or aircraft other than as a passenger (fare-paying or otherwise) in any duly licensed standard type of aircraft anywhere in the world

·         Directly or indirectly caused by venereal disease or insanity

·         Arising or resulting from the Insured committing any breach of the law with criminal intent

·         War, invasion, act of foreign enemy, hostilities (whether war be declared or not) civil war, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrests, restraints and detainment of all kinds

·         Nuclear weapon induced treatment

·         Childbirth or pregnancy or in consequence thereof

 

 

Claim Procedure of ICICI Lombard Personal Protect Plan

 

Claims are to be serviced by the 24x7 customer support team. The Toll Free Customer Care No is 1800 2666.

The claim can be mailed at: ihealthcare@icicilombard.com

 

The corporate Head Office address:

ICICI Lombard Healthcare, ICICI Bank Tower, 9th Floor, Plot No. 12, Financial District, Nanakram Guda, Gachibowli, Hyderabad - 500032, Andhra Pradesh.

 

 

Documents required for filing a Death Claim:

 

Copy of the FIR

Post-mortem Report

Death Certificate

Medical/ Hospital Report

Discharge Card

Duly completed claims form, etc.

 

 

 

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