Sanjeev Mantri, executive director, ICICI Lombard General Insurance
The health insurance component covers expenses related to hospitalisation, day-care treatments, pre and post hospitalisation, and homecare treatment, to name just a few
On the other hand, the life insurance cover will continue till the age of 85 ensuring the family has sufficient financial resources to continue with their lives
Mumbai:
ICICI Bank’s two insurance ventures ICICI Lombard General Insurance and ICICI Prudential Life Insurance have jointly launched an insurance solution, ‘iShield’, which will provide customers with both health and life covers.
iShield, will enable customers to take care of expenses required for medical treatments. Besides, it will also provide a lump sum amount to the family in case of the unfortunate demise of the policyholder.
The health insurance component covers expenses related to hospitalisation, day-care treatments, pre and post hospitalisation, and homecare treatment, to name just a few.
On the other hand, the life insurance cover will continue till the age of 85 ensuring the family has sufficient financial resources to continue with their lives.
Customers can easily purchase this solution by filling in a single application and undergoing a medical check-up.
Besides the vast agent network, multiple easy-to-use touchpoints such as the company website or the mobile app will provide customers a hassle-free purchase and premium payment experience.
Speaking on the launch of the product, Sanjeev Mantri, executive director, ICICI Lombard General Insurance said, “ Our expertise in health insurance combined with ICICI Prudential Life’s proficiency in life insurance will ensure that the customer is given the best of both the worlds.”
Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance said, ” The digital platforms of both partners are geared to offer customers a hassle-free and quick buying experience.”