Health Insurance Renewal
Health insurance usually comes for a tenure of one year and needs to be renewed annually, to continue availing benefits. All you need to do is have your policy no. and the relevant documents, and you are good to go.
How to Renew Health Insurance?
It takes just a few minutes and should ideally be done 15 days prior to the expiry of your health insurance policy. In case, something unfortunate happens and medical expenses arise, it is always better to have the benefits your health insurance policy offers.
Health insurance can be renewed either online or by going to your nearest ICICI Bank branch.
Please click here for online renewal.
FAQ's
1.What are the benefits if I renew?
You will continue to enjoy a comprehensive Health Insurance plan for yourself and your family with benefits such as Infinite Claim Amount, 100% cumulative bonus, Wellness benefit, anywhere cashless solution for any hospitalization requirement.
2.I already have health insurance if I want to increase Sum Insured or decrease is it possible?
Yes you can change the Sum Insured during the renewal journey up to applicable Sum Insured as per Master policy.
3.Why shall I renew my plan if I have an employer driven health plan?
It is always advisable to have individual health insurance as employer driven health plan will be Sum Insured restricted and If the employee leaves the organization the employee driven health plan will not continue to provide Health package for employer and his family.
4.Does the premium increase with health insurance renewal?
It entirely depends on factors such as market inflation, medical treatment cost, age of the insured. With medical treatment cost increasing at 14% in FY’2025, the cost of health insurance cover will also be dynamic.
5.What is the grace period in insurance renewal?
We will provide grace period of 30 days to renew your existing policy.
6.Is my health policy renewal till lifetime?
Elevate can be renewed till life time subject to maintaining ICICI Bank relationship and continuation of plan by ICICI Bank.
Disclaimer:
Only for the customers of ICICI Bank Ltd who intend to enroll under Health Shield 360 (Master policy no: 4177i/MSTR/291415383/00/000) underwritten by ICICI Lombard GIC Ltd. ICICI Bank Limited ("ICICI Bank") with registered office at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, 390 007, Gujarat (CIN - L65190GJ1994PLC021012) is a Corporate Agent (Composite, IRDAI Regn. No.: CA0112) of ICICI Lombard General Insurance Company Limited (“ICICI Lombard”). Insurance is underwritten by ICICI Lombard.
Customer Support Email ID - customer.care@icicibank.com
ICICI Bank Ltd customer participation in the policy is entirely voluntary. This is only an indication of the cover offered for more details on risk factors, terms, conditions and exclusions, please read the sales brochure / policy wordings carefully before concluding a sale. ICICI trade logo displayed above belongs to ICICI Bank and is used by ICICI Lombard GIC Ltd. under license and Lombard logo belongs to ICICI Lombard GIC Ltd. ICICI Lombard General Insurance Company Limited, ICICI Lombard House, 414, Veer Savarkar Marg, Prabhadevi, Mumbai – 400025 Toll Free: 1800 2666 Fax No: 022 61961323 IRDA Reg. No. 115 CIN: L67200MH2000PLC129408 ,ICICI Lombard Customer Support Email ID: customersupport@icicilombard.com Website Address: www.icicilombard.com Product Name: Health Shield 360. UIN: ICIHLGP22083V022122
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.
Public receiving such phone calls are requested to lodge a police complaint.
To register any grievance, customers can also approach IRDAI at
bimabharosa.irdai.gov.in/Home/Home