Mumbai: ICICI Lombard General Insurance has launched health insurance product, ‘Elevate’.
Powered with AI the first-of-its-kind health product is loaded with cutting-edge features and add-ons, offering personalised solutions to meet the needs of dynamic lifestyle, unforeseen medical emergencies and medical inflation, said the company.
The key features of ‘Elevate’ include:
-Infinite Sum Insured: Addressing the concern of limited coverage and sum insured,
this feature ensures that policyholders never run out of coverage.
-Infinite Claim Amount: This add-on offers comprehensive financial protection with
infinite claim amount for one-time claim during the lifetime of policy without taking
into purview the sum-insured amount.
-Power Booster Add-on: This add-on provides a 100% cumulative bonus annually,
irrespective of claims, for an indefinite period.
– Reset Benefit: This feature triggers unlimited resets of your coverage, ensuring
continuous protection irrespective of claims.
-Infinite Assurance: This jump-start add-on enables people with pre-existing disease
conditions like asthma, diabetes, hypertension, hyperlipidaemia and obesity to start
benefitting from the policy after 30th day as against the industry norms of waiting
period of three years.
‘Elevate’ also comes power packed with 15 in-built covers and multiple personalization options, encompassing covers for; 20 critical illnesses, personal accident, maternity, new born cover, accommodation and travel benefits, preventive care, inflation protector, air ambulance and personalised home care.
Anand Singhi, Chief of Retail and Government at ICICI Lombard, stated,“‘As a ground-breaking industry first, powered by an AI-Engine ‘Elevate’ will redefine health insurance, ensuring a deeply personalised experience tailored to customers’ unique needs.”