Claim Settlement Ratio 87.71%
Claim Settlement Facility 100%
Network Hospitals 6700
Renewability 100%
COVID-19 Cover Yes
Incurred Claim Ratio 72%
Health insurance is the most important thing at the time of financial planning. Health insurance would help you to reduce your financial outgo in case of hospitalization. The hospitalization expenses can run into lakhs and it would be difficult for a person to arrange such an amount in a very short period of time. The health insurance policy can be availed on payment of premium.
The best health insurance can be selected based on factors such as the coverage offered, premium charged, list of network hospitals, exclusions in the policy etc. All these things should be considered at the time of taking the policy.
ICICI Lombard has introduced an IL take care app to report the claims. The app can be used to report the claims by filling the claim form and submitting the documents. The claim can be tracked directly from the app and real time status of the claim can be known from the app.