CURRENT AFFAIRS
CURRENT AFFAIRS
Description
ICICI Lombard, India's top private general insurer, has launched 'Elevate', a pioneering health insurance policy that incorporates AI technology. This unique product is tailored to the different needs of modern lives and unforeseen medical situations, with a focus on individualized solutions and comprehensive coverage.
Elevate Key Features
- Infinite Sum Insured
Ensures that policyholders are never limited in their coverage.
- Infinite claim amount
Provides infinite financial protection for a single claim over the policy's lifespan.
- Power Booster Add-On
Offers a 100% cumulative annual bonus regardless of claims made.
Reset Benefit
Allows for limitless resets of coverage, assuring continual protection.
- Infinite assurance
Challenges industry conventions by providing instant benefits for pre-existing conditions after 30 days.
Personalized Coverage With AI
'Elevate' employs artificial intelligence to assess client inputs and offer appropriate coverage based on individual needs. It has 15 built-in coverage and customizing choices for critical illnesses, accidents, maternity, travel benefits, and more.
Commitment To Innovation
ICICI Lombard's dedication to customer-centric innovation is seen in 'Elevate', which sets new benchmarks in health insurance. The company's digital transformation, which includes cloud-based operations and innovative apps like IL TakeCare, demonstrates its leadership in the insurance industry.
About ICICI Lombard
ICICI Lombard, with over two decades of experience, provides a diverse range of insurance products through numerous channels. It has issued millions of policies, processed numerous claims, and met key financial milestones, displaying a strong commitment to client satisfaction and technological innovation.
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