Policy review · ICICI Lombard
Elevate
ICICI Lombard's individual plan, reviewed on the clauses that actually decide your claim — room rent, co-pay, sub-limits, waiting periods and the insurer's claims record.
InsuranceScope score
3.7
★★★★☆
The verdict
Elevate is an individual health insurance plan from ICICI Lombard. It stands out for no room-rent cap, no disease sub-limits and built-in restoration. On the downside, a co-payment applies to claims — worth weighing before you buy. On the insurer side, it reports 82.79% of claims settled by count and a 10,700+ cashless hospital network.
Where it wins
No room-rent cap — you can be admitted to any room category without a proportionate deduction on the rest of your bill.Standout
No disease-wise sub-limits — covered treatments are paid up to your full sum insured rather than a smaller per-illness cap.
Restoration is included — the sum insured refills unlimited times in a policy year, triggered on partial exhaustion of sum insured, for a related and unrelated illness.
Cover grows by Previous year's SI, max 20% for each claim-free year, up to 100% of the base sum insured.
Day-care procedures that take under 24 hours — cataract, dialysis, chemotherapy and similar — are covered.
Consumables like gloves, syringes and PPE are paid rather than deducted from your claim at discharge.
Where it stings
A co-payment applies — you pay a fixed share of every claim out of pocket; check the exact percentage in the policy wording.
Waiting periods
No cover in this window except for accidental hospitalisation.
Named conditions such as cataract, hernia and joint replacements wait this long.
Conditions you already have are covered only after this period.
Claims snapshot
ICICI Lombard, latest IRDAI disclosure year — how the insurer behind the plan actually performs.
Approved by number of claims.
Claims paid vs premium collected.
How quickly claims are paid.
On overall claims — lower is better.
Key features
No limit — you can pick any room category without a proportionate cut on the rest of your bill.
No separate cap on ICU charges.
Applies — you share part of each claim (true).
None — treatments are paid up to your full sum insured.
The sum insured refills unlimited times in a policy year, triggered on partial exhaustion of sum insured, for a related and unrelated illness.
Cover grows by Previous year's SI, max 20% for each claim-free year, up to 100% of the base sum insured.
Pre-hospitalisation 90 days and post-hospitalisation 180 days of connected medical costs are covered.
Procedures under 24 hours, such as cataract and dialysis, are covered.
Non-medical items like gloves, syringes and PPE are paid, not deducted.
Donor hospitalisation costs are covered (No).
At-home treatment is covered when hospital admission is not possible.
Common exclusions
Typical across most Indian health plans — always confirm the exact exclusions in Elevate's policy wording.
Cosmetic or aesthetic treatment, unless needed to reconstruct after an accident or burns.
Self-inflicted injuries and conditions arising from alcohol or substance abuse.
Treatment arising from war, nuclear or allied perils.
Admissions purely for investigation, evaluation or bed rest with no active treatment.
Unproven or experimental treatments not backed by established medical practice.
Frequently asked questions
Yes. Elevate has a co-payment clause, so you pay a share of every claim. Check the exact percentage in the policy wording.
No. Elevate has no room rent cap for standard hospitalisation, so you can choose any room without a proportionate cut.
1. Claims for conditions you already had are covered only after this waiting period.
Yes. Elevate refills the sum insured after it is exhausted (unlimited times in a policy year).
Yes. Elevate covers day care procedures that take under 24 hours, such as cataract surgery or dialysis.
10,700+ cashless network hospitals are reported for Elevate, where the insurer settles bills directly.
Modern treatments are not listed as covered under Elevate.