ICICI Lombard
Golden Shield
The ICICI Lombard Golden Shield plan is a health insurance policy specifically designed for senior citizens aged 56 years and above. It provides coverage for pre- and post-hospitalization expenses of 60 and 180 days, respectively, daycare treatments up to SI, domiciliary hospitalization up to SI, and ambulance charges (including air ambulance). The plan offers a high sum insured range of ₹5 lakhs to ₹50 lakhs and includes features like annual health check-ups, cashless treatment at network hospitals, and a benefit reset option that restores 100% of the sum insured once during the policy term, in addition to the loyalty bonus of 10% up to 100% even if the claims are made.
What's good here?
Short waiting period for Pre Existing Diseases
If you’re already dealing with diabetes, cardiovascular problems or any such illnesses, the insurer will cover all costs arising out of these pre-existing problems after just 2 years. It’s probably the best deal you can get to be honest.
If you’re already dealing with diabetes, cardiovascular problems or any such illnesses, the insurer will cover all costs arising out of these pre-existing problems after just 2 years. It’s probably the best deal you can get to be honest.
Pre & Post hospitalization
Day Care treatments covered
If you’re hospitalized for less than 24 hours in lieu of a minor procedure, then the insurer will cover these costs too. Think dialysis, chemotherapy or minor surgeries.
Full coverage even if you are forced to hospitalize at home
The insurer will bear the costs even if you are hospitalized at home due to a condition or the hospital running out of beds. In insurance lingo, they call this a policy with domiciliary cover.
Good Restoration Benefit
You will have 100% of the cover restored any number of times, so that you can use this benefit in the event you have to endure multiple hospitalizations in a bid to treat a different complication In the same year, by the way.
Free Health Checkups every year
If you’re planning on getting a full body checkup every year just to make sure you’re in fine working condition, the insurer will cover the costs.
Covers Alternative Medicine
Think of getting Ayurvedic, Homeopathic or other alternative treatments to cure an illness? Your insurer will cover you fully, up to the sum insured.
What's bad here?
You will have to pay a portion of the bill
The policy will only cover 50% of the final bill. The rest is on you. They call this a co-payment.
The policy will only cover 50% of the final bill. The rest is on you. They call this a co-payment.
You can pick a Single Private room but nothing fancy
Tough luck if you are thinking about opting for a single private room and a lower cover Because the policy only lets you stay in a shared room for cover below 10 lakhs. If you still want to pick a better room, then be ready to pay a lot more when the final bill shows up.
Maternity benefits not offered
TODO
Has disease wise sub-limits
Your insurance cover won’t be fully available in case you are treated for Cataract, Cerebrovascular and cardiovascular disorders, cancer, Renal complications, Robotic surgeries and a few other diseases. Meaning the insurance company has a cap on the total amount they’ll pay out if you are treated for these specific illnesses.
What's okay here?
Special Bonus for being healthy
Your sum insured increases by 10% each year, even if you've claimed in the previous year. But before you get too ahead of yourself, do note that they’ll stop offering you the bonus when your sum insured increases by 100%. But hey, it's still a bonus.
Doctor consultations covered
In the event, you are feeling sick and you want to visit your family physician for a general checkup, the insurer will cover the costs.
Frequently Asked Questions
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