ICICI Lombard launches AI-powered medical health insurance plan ‘Elevate’. 5 issues to know

ICICI Lombard, a number one non-public common insurer in India, proudly proclaims the launch of its revolutionary medical health insurance product, ‘Elevate’. Powered with AI, the first-of-its-kind well being product is loaded with cutting-edge options and add-ons, providing personalised options to fulfill the wants of dynamic existence, unexpected medical emergencies and medical inflation. This important launch underscores ICICI Lombard’s dedication to pioneering developments within the insurance coverage trade, delivering distinctive worth to its clients.

Anand Singhi, Chief of Retail and Authorities at ICICI Lombard, acknowledged, “‘Elevate’ embodies our steadfast dedication to pioneering innovation and customer-centricity. As a ground-breaking trade first, powered by an AI engine, ‘Elevate’ will redefine medical health insurance, making certain a deeply personalised expertise tailor-made to clients’ wants. With add-ons resembling ‘Infinite Care’ and ‘Energy Booster,’ now we have set a brand new commonplace in medical health insurance, empowering our clients with unparalleled peace of thoughts in an more and more dynamic world.”

Elevate is designed to accommodate the quickly evolving ecosystem and presents personalised, customer-centric plans that prioritize complete protection and adaptability.

Key options of ‘Elevate’

1)Infinite Sum Insured: This characteristic addresses the priority of restricted protection and sum insured and ensures that policyholders by no means run out of protection.

2)Infinite Declare Quantity: This add-on presents complete monetary safety with an infinite declare quantity for one-time claims in the course of the coverage lifetime with out contemplating the sum insured.

3)Energy Booster Add-on: This add-on gives a 100% cumulative bonus yearly, regardless of claims, for an indefinite interval.

4)Reset Profit: This characteristic triggers limitless protection resets, making certain steady safety no matter claims.

5)Infinite Assurance: This jump-start add-on allows individuals with pre-existing illness situations like bronchial asthma, diabetes, hypertension, hyperlipidaemia and weight problems to start out benefitting from the coverage after thirtieth day as in opposition to the trade norms of ready interval of three years.

Leveraging the facility of AI, ‘Elevate’ interprets buyer inputs to ship optimum protection suggestions, making certain that every coverage is uniquely suited to people’ necessities. The bespoke method to medical health insurance gives intensive safety whereas catering to private well being and monetary concerns, making it extra adaptable and aware of clients’ wants.

‘Elevate’ additionally comes power-packed with 15 in-built covers and a number of personalization choices, encompassing covers for 20 crucial sicknesses, private accidents, maternityand new child cowl, lodging and journey advantages, preventive care, inflation protector, air ambulance, personalised house care, and lots of extra.

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