This is a top-up health insurance plan which acts as a supplemental coverage if you have an existing health insurance plan. If you want to enhance the sum insured of your existing health insurance plan at lower premiums, you can opt for this top-up policy. The policy is also an indemnity oriented health insurance plan which covers the medical costs incurred on actuals basis. The plan has a sum insured and a deductible. If your claims exceed the chosen deductible limit, then only the Health Booster policy would cover the costs and pay the excess claim. Since this is a super top-up plan, the claims incurred in a policy year would be considered in aggregate when considering the deductible limit
Let’s say that you buy a Health Booster policy where the sum insured is INR 10 lakhs and the deductible is INR 2 lakhs. Now, if you suffer a claim of INR 2.5 lakhs, the Health Booster policy would pay the excess claim of INR 50,000 which exceeds the deductible. If the claim is for INR 1.5 lakhs, the claim would not be met by the policy. However, if, in the same year, you incur another claim of INR 1 lakh, the aggregate claims become INR 2.5 lakhs. In this case, this ICICI Lombard health insurance policy would pay the excess claim of INR 50,000
Here are some of the salient features of the policy
- The policy is issued on an individual or family floater coverage basis
- You can renew the policy lifelong
- You can avail cashless treatments under the plan
- The coverage can be taken for up to 3 continuous years
- There is a range of sum insured and deductible options to choose from
- There is no maximum entry age making the plan suitable for individuals of all age
- The sum insured is reinstated if it is exhausted in a policy year
- An increase of 10% is allowed in the sum insured every year if you do not make claims
- You also get a free health check-up every year so that you can monitor your health regularly
- The company has designed various wellness-oriented programs.These programs reward you if you maintain a healthy lifestyle Coverage benefits of ICICI Lombard Health Booster Here are the coverage features which are available under the policy
- Costs incurred on an inpatient basis if you are hospitalised for 24 hours or more
- Costs incurred on 150-day care treatments which do not require hospitalisation of 24 hours or more
- Costs incurred within 60 days before you are actually hospitalised
- Costs incurred for up to 90 days after you are discharged from the hospital
- Costs incurred on AYUSH treatments which are taken on an inpatient basis
- Costs incurred on domiciliary treatments which are taken at your own home
- Costs incurred in harvesting the organ for organ donor treatments
- Costs incurred on an ambulance for taking you to the hospital for treatments Besides these inbuilt coverage benefits
- the plan also has a range of optional coverage features. These features include the following
- Optional Cover I - This cover has a combination of two coverage benefits which are as follows
- Hospital daily cash benefit wherein a fixed amount of benefit is paid daily if you are hospitalised for 24 hours or more
- Convalescence benefit wherein a lump sum benefit is paid if you are hospitalised for a continuous period of 10 days
- Optional Cover II- Under this cover option, there are three coverage benefits which are as follows
- Personal accident cover wherein accidental deaths and permanent total disablements are covered. If any of these instances occur, the plan pays a lump sum benefit of INR 10 or 15 lakhs depending on the coverage selected
- Temporary total disablement rehabilitation cover which covers temporary total disablements which render you unable to work. In such cases, you get a weekly payment of INR 5000 or INR 10,000 for up to 10 weeks
- Repatriation of remains wherein coverage is allowed for transporting the mortal remains of the insured to his/her residence. This cover is available for INR 50,000 or INR 1 lakh
- Optional Cover III - This is a critical illness optional cover where a specified list of critical illnesses is covered. If you are diagnosed with any of the covered illness, a lump sum amount would be paid.The amount would be INR 5 lakhs or 10 lakhs as selected by you.