ICICI Lombard Health Insurance Premium Calculator

In today’s times, the awareness for health insurance plans has increased. People are buying health insurance to cover the financial loss suffered in an illness or injury. When buying a health insurance plan, care should be taken to avail an optimum level of sum insured so that the plan proves sufficient to cover all the expensive medical costs which occur in an emergency. However, a high sum insured comes with a high premium which might not be possible to afford. That is why the premium should be calculated in advance to know whether the sum insured that you choose would be affordable or not.

How to Calculate the Premium of ICICI Lombard Policies Online?

The health insurance premium of ICICI Lombard can be calculated in minutes through the online mode. There are online health insurance premium calculators which have been designed for this purpose. All you have to do is enter certain details on which the premium calculation depends. The details include:

• Your age
• Policy term
• Medical history
• Coverage details
• Sum insured you need
• The type of policy to buy

Once you enter these details, the calculator calculates the correct premium charged under a particular ICICI health insurance policy. The premium can also be adjusted by changing variables like sum insured and coverage benefits.

Why Calculate Health Insurance Premium Online?

Online premium calculation before buying health insurance is important because it lets you perform the following activities:

• Add or deduct policy coverage benefits and riders
• Get to know the exact expenses on the policy beforehand
• Make sure whether the sum insured that you have selected is affordable
• Compare different health insurance based on affordability and coverage needs
• Choose the best coverage level which would be suitable for your estimated budget
• Ascertain that you come across no financial strain when renewing the health insurance policy
• Choose the most suitable benefits of health insurance coverage at the most affordable premium

Why Choose ICICI Lombard?

ICICI Lombard is a leading insurance company in India. It has tied-up with more than 5,000 hospitals across India for easy cashless claim settlement. The company promises to settle 3 claims in a minute, making the claim settlement process quick and easy. It has a record of Gross Written Premium (GWP) of Rs. 126 billion for the year ending March 31, 2018. Further, ICICI Lombard provides health insurance policies for everyone, be it a man, woman, child or elderly person.