ICICI Lombard Famliy Health Insurance Product.

1. ICICI Lombard Product Comparison with Star Health & Allied Insurance Co Ltd.
Product Index
Health Product Binder version 1.0 Author:Shuvajeet Chatterjee & Shishir Gandhi
Name of the Company ICICI Lombard Star Health
Product Name CHI Family Health Optima
HAP Health Gain
PP3 Accident Care
CC Medi Premier
CHI Medi Classic
CHI True Value
Product Not Compared XOL* Super Surplus
CHI* Senior Citizen Red carpet
CHI Micro Health For cities < 5 lac population
NPA Health Diabaites
NPA HIV Care
NPA NRI All Care
* = ICICI Lombard to launch comparable product by 2nd or 3rd quarter
NPA = No Product Available

2. CHI vs Family Health Optima
Health Product Binder version 1.0 Author:Shuvajeet Chatterjee & Shishir Gandhi
Name of the Company ICICI Lombard Star Health
Product Name CHI Family Health Optima
Pre Hospital 30 days 30 days Equivalent
Post Hospital 60 days Max 5K
I L has No capping on the amount, Star has capped it on
5K only
Family Discount 15 to 60% NA % discount goes as high as 15 to 60
No Claim Bonus 5% 10% no cumulative I L No claim bonus is cumulative upto 25%
Ambulance NA Rs750/hospitalization Emergency Ambulance service in Star
Free Health Check up Once in 2yrs No
Every time customer takes a fresh policy or renews after 2
yrs
Family Floater Policy Yes Yes Equivalent
Pre existing 4th yr 4th yr Equivalent
Medical Exam 46yrs & above No test till 60 yrs No medical test in Star
Sum Insured 2 to 4 lacs 1 to 5 lacs Extra 1 & 5 lac option with Star
Entry Age 3mnth to 60 yrs 5 mnths to 60 yrs Age bracket a little wider in I L
Renewal Age 65 yrs 60 yrs Higher renewal age
Network Hospitals 4200+ 4000+ Higher network in ICICI Lombard
Day care treatment / Named
surgical procedures
<24hr NA No limit on <24 hr treatments in I L
Policy Duration 1 & 2 yrs 1 yr Single policy for the family for 2 yrs in one go in I L
Other Network No co pay No co pay Equivalent
Convalescence Benefit 10K NA No recovery benefit in Star
Tax Benefit Yes Yes Equivalent
In House claim settlement Yes Yes Equivalent
Benefit Comparison

3. Health Advantage Plus vs Health Gain
Critical Care vs Medi Premier
Health Product Binder version 1.0 Author:Shuvajeet Chatterjee & Shishir Gandhi
Name of the Company ICICI Lombard Star Health
Product Name HAP Health Gain
Pre Hospital 30 days 30 days Equivalent
Post Hospital 60 days Max 5K
I L has No capping on the amount, Star has capped it on
5K only
Ambulance Yes Rs750/hospitalization Equivalent
Family Floater Policy Yes Yes Equivalent
Pre existing 2nd yr NA No pre-existing cover in Star
Medical Exam 56yrs & above No Med. Test Star cover only till 60
Entry Age 5 to 65 yrs 5mnth to 60 yrs Wider age bracket in I L
Renewal Age 70 yrs 60 yrs Higher renewal age in I L
Network Hospitals 4200+ 4000+ Higher network in ICICI Lombard
Day care treatment / Named
surgical procedures
<24hr NA No limit on <24 hr treatments in I L
Hospitalization SI 2 & 3 lacs 1 to 5 lacs Wider SI option in Star
OPD Treatment upto 10K max upto 8700 max Higher OPD benefit Limit in I L
Other Network No Co-pay No Co-pay Equivalent
Tax Saving max 15K & 20K Rs 14,725 only Higher tax saving limit in I L
Tax Benefit Yes Yes Equivalent
In House claim settlement Yes Yes Equivalent
Benefit Comparison
Name of the Company ICICI Lombard Star Health
Product Name CC Medi Premier
Pre Hospital NA 30 days Benefit policy, no hospitalisation required
Post Hospital NA Max 5K Benefit policy, no hospitalisation required
Ambulance NA Rs750/hospitalization Emergency Ambulance service in Star
Critical Illness 9 3 6 extra covers in I L
Sum Insured 3, 6 & 12 lacs 50% of SI max 2 lacs Very less SI for CI in Star
Entry Age 20 to 45 yrs 26 to 75 yrs Wider age bracket in Star
Renewal Age 45 yrs On mutual consent Subject to Medical U/W in Star
Day care treatment / Named
surgical procedures
NA NA
Even after having hospitalization cover Star doesnot cover
any care treatment
Accidental-Death/PTD 3, 6 & 12 lacs NA No Accidental death& PTD benefit in Star
Hospitalization SI NA 1 to 4 lacs I L does not have this cover under this policy
Policy Duration 1, 3 & 5 yrs 1 yr
Premium per year in I L is Rs950/- only with 9 CI covers
where as Star offer only 3 CI covers
Tax Benefit Yes Yes Equivalent
In House claim settlement Yes Yes Equivalent
Benefit Comparison

4. Personal Protect (Platinum) vs Accident Care
CHI vs Medi Classic
Health Product Binder version 1.0 Author:Shuvajeet Chatterjee & Shishir Gandhi
Name of the Company ICICI Lombard Star Health
Product Name PP3 Accident Care
Cumulative Bonus NA 5% of SI This benefit is not covered in I L
Sum Insured 10 & 25 lacs Variable SI As per the monthly income
Entry Age 18 to 60 yrs 18 to 70 yrs Wider age bracket in Star
Renewal Age 60 yrs On mutual consent Every renewal based on Medical U/w in Star
Network Hospitals 4200+ 4000+ Higher network in ICICI Lombard
Hospitalization SI 1 lac NA No hospitalization benefit in Star
Policy Duration 1 & 2 yrs 1 yr Single policy for 2 yrs in one go in I L
Terror Attacks Yes NA This benefit is not covered in Star
Carriage of Dead Body NA 3K This benefit is not covered in I L
Education Grant NA 5K per Child This benefit is not covered in I L
Benefit Comparison
Name of the Company ICICI Lombard Star Health
Product Name CHI Medi Classic
Pre Hospital 30 days 30 days Equivalent
Post Hospital 60 days Max 5K
I L has No capping on the amount, Star has capped it on
5K only
Family Discount 15 to 60% NA % discount goes as high as 15 to 60
No Claim Bonus 5% 5% Not applicable for Family package
Ambulance NA Rs750/hospitalization Emergency Ambulance service in Star
Free Health Check up Once in 2yrs No
Every time customer takes a fresh policy or renews after 2
yrs
Family Floater Policy Yes Yes Equivalent
Pre existing 4th yr 4th yr Equivalent
Non-Allopathic Treatments NA Upto 25K/occurrence This benefit is not covered in I L
Medical Exam 46yrs & above 46yrs & above Equivalent
Sum Insured 2 to 4 lacs 1 to 10 Lac Wider SI option in Star
Entry Age 3mnth to 60 yrs 5mnth to 80 yrs
Age bracket a wider in Star with restricted entry at higher
SI
Renewal Age 65 yrs 80 yrs Renewal restricted for higher SI @ 65 yrs
Network Hospitals 4200+ 4000+ Higher network in ICICI Lombard
Day care treatment / Named
surgical procedures
<24hr NA No limit on <24 hr treatments in I L
Policy Duration 1 & 2 yrs 1 yr Single policy for the family for 2 yrs in one go in I L
Other Network No co pay No co pay Equivalent
Convalescence Benefit 10K NA No recovery benefit in Star
Tax Benefit Yes Yes Equivalent
In House claim settlement Yes Yes Equivalent
Benefit Comparison

5. CHI vs True Value
ICICI Lombard Product USPs:
1. No sub-limits & No co-payments
2. In-house TPA providing faster cashless confirmation & other VAS
3. Tax Benefit u/s 80D
4. Floater options provided at better discounts
5. Free health check-up coupons for all 2 yr / HAP / 4th consecutive renewals
6. CI claims paid on diagnosis without Survival Period
7. No treatment wise sub-limits on hospitalization expenses in PA product
8. Terrorism covered in CHI & PA Products
9. Offer OPD benefits (through HAP)- can get dental, alternative treatments & various
other medical expenses reimbursed .
Health Product Binder version 1.0 Author:Shuvajeet Chatterjee & Shishir Gandhi
Name of the Company ICICI Lombard Star Health
Product Name CHI True Value
Pre Hospital 30 days NA This benefit is not covered in Star
Post Hospital 60 days NA This benefit is not covered in Star
Family Discount 15 to 60% Max 15% % discount goes as high as 15 to 60
No Claim Bonus 5% 10% no cumulative This benefit is not covered in Star
Cumulative Bonus NA 5% This benefit is not covered in I L
Ambulance NA Rs750/hospitalization Emergency Ambulance service in Star
Free Health Check up Once in 2yrs No
Every time customer takes a fresh policy or renews after 2
yrs
Family Floater Policy Yes Yes Equivalent
Pre existing 4th yr Not Covered PED not covered in Star
Medical Exam 46yrs & above NA Not required because PED not covered
Sum Insured 2 to 4 lacs 30K to 80K Wider SI options in I L
Entry Age 3mnth to 60 yrs 5 mnths to 55 yrs Age bracket a little wider in I L
Renewal Age 65 yrs 55 yrs Higher renewal age
Network Hospitals 4200+ 4000+ Higher network in ICICI Lombard
Day care treatment / Named
surgical procedures
<24hr NA No limit on <24 hr treatments in I L
Policy Duration 1 & 2 yrs 1 yr Single policy for the family for 2 yrs in one go in I L
Other Network No co pay No co pay Equivalent
Convalescence Benefit 10K NA No recovery benefit in Star
Tax Benefit Yes Yes Equivalent
In House claim settlement Yes Yes Equivalent
Benefit Comparison