ICICI Lombard Personal Protect Policy

Apart from the above general benefits of the policy, it has also come up with numerous special advantages and additional benefits that have made the policy unique and popular among consumers. The mentions are as below.

Accidental Hospitalisation Expenses Reimbursement:

You can opt for an additional cover to compensate expenses in case of a minimum of 24 hours of hospitalization due to injury within 7 days of the date of the accident by paying a little extra premium amount.

Accidental Hospital Daily Allowance:

The company offers an additional cover that gives you a per day allowance for each day of hospitalization after the insured event, not exceeding 30 days of hospitalization, with a deductible of 1 day.

Carriage of Dead Body:

In consideration of the payment of additional premium, the Company agrees to reimburse such expenses which are incurred, subject to a maximum of Sum Insured as mentioned in the policy schedule, for transportation of Insured Person’s dead body to the place of residence from the place of death. Further, it should satisfy all the terms and conditions of the policy.

Permanent Total Disablement Improvement Benefit Extension:

Under this benefit, the Company agrees to pay such an additional amount which is equal to the amount as indicated in the policy schedule to the Insured Person for any Permanent Total Disablement suffered by the insured person that is subject to the sub-limits and terms and conditions of the company.

Children’s Education Grant Extension:

In the event of Death or Permanent Total Disablement suffered by the Insured Person, the policy will pay for the education of the affected child up to a certain limit.

Ambulance Charges and Funeral Charges Extension:

You can extend the limit of the ambulance charges and funeral expenses if you opt for this additional cover by paying an additional premium amount towards the policy. These are two different additional covers. Therefore, to avail of these two facilities, you need to pay the additional premiums separately.

Repatriation of Remains Extension:

The company reimburses the costs of transporting the mortal remains of the deceased Insured Person from the place of death back to the city of residence in the event of the death of the Insured Person subject to the Sum Insured.

Convalescence Benefit:

In the event of the Insured Person sustaining Injury during the Policy Period/ Policy Year, which on the written advice of a Medical Practitioner requires Hospital Confinement and such Hospital Confinement exceeds a certain consecutive day, then the Company will pay the amount as stated in the policy wordings, only if the Hospital Confinement arises out of an Injury within 7 days from the date of Accident.

Double Benefit:

If any two or more Insured Persons, covered under this Policy, sustaining Injury as a consequence of the same Accident, during the Policy Period, or Policy Year, and this simultaneous Hospitalization exceeds a certain consecutive day for each of such Insured Person(s), then the Company will pay a certain amount mentioned in the policy schedule.