50 Lakh Cover for Rs 7,123/-. Too good to be true ?

[tdot]

If it excludes your parents over 60 then May not be that great regardless in comparison to other insurers it’s pretty good deal

 

[kushhh]

Can anyone share the pdf rates

 

[jack333]

When i posted about it in feb and April month in another thread, someone thought I'm an icici agent🤣. Now by itself it has got everyone's attention. The policy was actually launched in Dec last year.

Post in thread 'Acko Health Insurance - Unlimited cover with no waiting period!' https://www.technofino.in/community...cover-with-no-waiting-period.6209/post-132397

Post in thread 'Acko Health Insurance - Unlimited cover with no waiting period!' https://www.technofino.in/community...cover-with-no-waiting-period.6209/post-166060

 

[kushhh]

When i posted about it in feb and April month in another thread, someone thought I'm an icici agent🤣. Now by itself it has got everyone's attention

Post in thread 'Acko Health Insurance - Unlimited cover with no waiting period!' https://www.technofino.in/community...cover-with-no-waiting-period.6209/post-132397

Post in thread 'Acko Health Insurance - Unlimited cover with no waiting period!' https://www.technofino.in/community...cover-with-no-waiting-period.6209/post-166060

So if i get a icici cc , i can apply for this?

 

[jack333]

Yes you can. Just get LTF platinum or amazon pay card

 

[Max]

I had been a part of a similarly priced ICICI Group Insurance plan for my college alumni - the problem with such plans is, they can be withdrawn unilaterally by the insurer anytime, or pricing increased which is what happened in our case after 2 years (post COVID hit in Apr 2021). So be mindful of this fact, as any insurer can withdraw a plan anytime, just that likelihood is higher in such plans with promotional pricing.

 

[krishc]

I had been a part of a similarly priced ICICI Group Insurance plan for my college alumni - the problem with such plans is, they can be withdrawn unilaterally by the insurer anytime, which is what happened in our case after 2 years (post COVID hit in Apr 2021). So be mindful of this fact, as any insurer can withdraw a plan anytime, just that likelihood is higher in such plans with promotional pricing.

so it's quite possible after 2-3 years, they can start charging hefty amounts or when the person insured reaches 60 let's say

 

[SoggypastA]

If it excludes your parents over 60 then May not be that great regardless in comparison to other insurers it’s pretty good deal

Apologies for asking noob question but if parents turn 60 after taking policy then they can continued next year or not?

 

[Shrinit Padwal]

Apologies for asking noob question but if parents turn 60 after taking policy then they can continued next year or not?

Yes they can continue, just the premium increases.
There are premium increases in age brackets.
Like say 50-55 age - premium is 50k
55-60 - premium is 60k
60-65 - premium is 70k
All of this is random numbers but yeah premium increases a lot after you hit age 60, as risk of hospitalization increases a lot.

But do remember to take a policy which helps you in time and you don't need to fight/argue with insurance company in such critical times when family needs you.

 

[Alex292929]

I have heard that premium hike in hdfc ergo is crazy is that true? at some point it becomes unaffordable

 

[beingmohit]

when you say, "Service same as ICICI Lombard", do you mean poor, or do you mean good?

I apologize for asking too many questions 😅

I have had a bad experience with ICICI Lombard. So, I stay away from them no matter how cheap they are. Of course, there must be people who have no complaints from their service too.

 

[Bugs Bunny]

I have had a bad experience with ICICI Lombard. So, I stay away from them no matter how cheap they are. Of course, there must be people who have no complaints from their service too.

Can you please elaborate?

 

[beingmohit]

Can you please elaborate?

I had opted for ICICI Lombard health insurance through Amex. I made some spending in a hospital that was not on their cashless network. When I submitted my reimbursement claim, they approved only 5% of the requested amount. I had to escalate the issue multiple times through Amex and directly to ICICI Lombard and follow up for months to finally get the desired reimbursement. Do note that I provided all the appropriate documents while submitting the claim. I did not submit any extra documents between their change of heart from 5% to the total amount. So, I guess they randomly decide to not provide complete reimbursement, unless someone decides to fight for it. After this incident, I decided to move to HDFC Ergo.

 

[Bugs Bunny]

I had opted for ICICI Lombard health insurance through Amex. I made some spending in a hospital that was not on their cashless network. When I submitted my reimbursement claim, they approved only 5% of the requested amount. I had to escalate the issue multiple times through Amex and directly to ICICI Lombard and follow up for months to finally get the desired reimbursement. Do note that I provided all the appropriate documents while submitting the claim. I did not submit any extra documents between their change of heart from 5% to the total amount. So, I guess they randomly decide to not provide complete reimbursement, unless someone decides to fight for it. After this incident, I decided to move to HDFC Ergo.

thank you for throwing light I'll reconsider the decision

 

[jack333]

I had opted for ICICI Lombard health insurance through Amex. I made some spending in a hospital that was not on their cashless network. When I submitted my reimbursement claim, they approved only 5% of the requested amount. I had to escalate the issue multiple times through Amex and directly to ICICI Lombard and follow up for months to finally get the desired reimbursement. Do note that I provided all the appropriate documents while submitting the claim. I did not submit any extra documents between their change of heart from 5% to the total amount. So, I guess they randomly decide to not provide complete reimbursement, unless someone decides to fight for it. After this incident, I decided to move to HDFC Ergo.

Best is to go to cashless hospitals for any policy

 

[krishc]

Best is to go to cashless hospitals for any policy

if they want, they can torment you even after cashless

 

[jack333]

I think this policy covers consumables also so no extra charges

 

[krishc]

I think this policy covers consumables also so no extra charges

yes, but not all
and I tried the both ppt and brochure
but couldn't find the information related to room rent capping and other kind of cappings, or any mention of co-pay for xyz cases
so that still itches
if there's no such cap or co-pay, the policy seems heavenly only

 

[jack333]

There is no co pay and no room rent or icu limit in it. It also has unlimited reset option. But my bad consumables are not covered. There is a list of uncovered items like laundry tv charges and braces given in the pdf. Consumables are covered in care Health insurance but they charge extra for that. They even charge extra for unlimited reset but this policy doesn't

 

[0xfallup]

RM said have to take 2 individual policy 2 times for 4 family members ….and will be negotiating for LTF sapphiro against this 🫠