Best ICICI Lombard Travel Insurance Plans

Travelling involves adventure and exploration as you explore new places. It also involves a break from daily life and a change of pace whether you travel for leisure or for business. Though travelling is fun, it is fraught with uncertainties.

You can face different types of contingencies when you travel. When such contingencies occur, they not only cause inconvenience and emotional trauma, they also incur financial losses.

These financial losses can be taken care of by a travel insurance policy. The policy covers the different types of travel-related contingencies which you might face on your trip and compensates you for the loss that you suffer.

Overview of icici lombard travel insurance

ICICI Lombard General Insurance Company is a reputed name in the general insurance industry. The company offers different types of general insurance policies and travel insurance is also a product category offered by the company.

ICICI Lombard travel insurance plans cover international trips taken for business or leisure. The policies provide an exhaustive scope of coverage, both inbuilt as well as optional, which make your trips financially secured against possible contingencies.

You can choose a policy as per your coverage needs and also cover all family members travelling with you.

Why choose ICICI Lombard travel insurance?

ICICI Lombard travel insurance plans have the following features and benefits which make them a good fit for your travel insurance needs.

  1. ICICI Lombard travel insurance policies provide you with the benefit of cashless hospitalisation anywhere in the world. This allows you to take convenient medical assistance in case of injuries or illnesses suffered during your trip
  2. Different types of policies have been designed for different travelling needs ensuring that you find the most suitable policy for your trip
  3. Coverage is allowed up to USD 500,000 under ICICI Lombard travel insurance which is an optimal coverage level for expected financial contingencies
  4. No pre-entrance health check-ups are required until 85 years of age to buy ICICI Lombard travel insurance plans
  5. You can also extend your policy if your travel gets extended due to unavoidable reasons

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Types of ICICI Lombard travel insurance plans

The list of travel insurance policies offered by ICICI Lombard and their features and coverage benefits are discussed below –

1. ICICI Lombard International Travel Insurance Plan

This travel insurance plan covers international trips taken anywhere in the world. You can buy this policy for Schengen travel, for travelling to any country except the USA and Canada and also for travelling worldwide including USA and Canada. The salient features of the policy are as follows –

  1. The plan has an extensive scope of coverage where almost all possible types of financial contingencies are covered
  2. There are three plan variants which are Silver, Gold and Platinum. The sum insured and the coverage features depend on the plan variant that you choose
  3. There are a range of value-added services which you can avail if you have dependents in India when you travel
  4. You can pay the premium on a per-day coverage basis if your trip duration is for more than 7 days
  5. You can avail coverage for up to 360 days in a year as the policy allows you to extend an existing coverage by up to 180 days

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Coverage benefits of ICICI Lombard International Travel Insurance Plan

The International Travel Insurance plan covers the following types of contingencies –

  1. Cost of medical treatments and evacuation
  2. Repatriation of mortal remains
  3. Daily allowance benefit per day of hospitalisation if you are hospitalised for more than two days
  4. Cost of dental treatments incurred due to an injury
  5. Coverage against accidental death and permanent total or partial disablement
  6. Personal liability cover if you cause any harm or damage to another individual
  7. Coverage against accidental death when travelling in a common carrier
  8. Complete loss of checked-in-baggage
  9. Cost of evacuation due to political risks and catastrophes
  10. Coverage for compassionate visit by your family member if you are hospitalised for more than 5 days
  11. Delay in receiving the checked-in-baggage by more than 6 hours
  12. Loss of passport
  13. Trip cancellation or interruption due to unavoidable reasons
  14. Delay of your trip
  15. Bounced booking costs
  16. Emergency cash advance if you lose your travel funds
  17. Emergency extension of hotel stay due to delay of trip because of unavoidable causes
  18. Loss of baggage and personal belongings
  19. Missed flight connections
  20. Allowance payable in case of hijack of the travelling vessel for more than 12 hours
  21. Return airfare cost of an unaccompanied minor
  22. Cost of home insurance for protection of home against fire, burglary and other natural calamities in case of your absence

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2. ICICI Lombard Senior Citizen Travel Insurance Plan

ICICI Lombard Travel Insurance

This travel insurance policy is designed specifically for older individuals who are going on a trip. Individuals aged 71 years onwards can be covered under the policy. The features of the plan are as follows –

  1. Sum insured of up to USD 50,000 can be availed by senior citizens
  2. The policy would also cover senior citizen spouse travelling together with the proposer
  3. Coverage is available for the entire trip duration

Coverage benefits of ICICI Lombard Senior Citizen Travel Insurance Plan

The Senior Citizen policy covers the following contingencies suffered when on an international trip –

  1. Medical treatments and medical evacuation
  2. Repatriation of remains if the insured dies on the trip
  3. Total loss or delay of checked-in-baggage
  4. Cost incurred due to loss of passport
  5. Personal liability cover for causing harm to any individual or causing property damage while on the trip
  6. Personal accident cover against accidental death and permanent disability
  7. Hijack distress allowance if the transportation vessel is hijacked and the hijack continues for more than 12 hours. The allowance is paid as a daily benefit for up to seven days
  8. Emergency cash advance if you lose your wallet or money when travelling
  9. Cancellation or interruption of the trip
  10. Missed flight connection
  11. Delay of the trip
  12. Evacuation to your residence country due to political instability or catastrophe

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3. ICICI Lombard Gold Multi-Trip Plan

This is an annual international travel insurance policy which covers multiple trips taken within the year. You can take innumerable trips in a year and coverage would be allowed for each trip.

This policy is suitable for frequent travelers and businessmen who travel frequently for work related purposes. Multi-trip policies prove more convenient than buying individual single trip policies for frequent travels and they are cheaper too.

Let’s understand the main features of Gold Multi-trip Plan offered by ICICI Lombard for frequent travelers –

  1. Sum insured of up to USD 500,000 is available under the policy
  2. There are three options to choose from where the options allow 30 days, 45 days and 60 days as the maximum trip duration per trip
  3. The scope of coverage is optimal and the plan also allows individuals to opt for a desired coverage level

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Coverage benefits of ICICI Lombard Gold Multi-Trip Plan

The Gold Multi-Trip Plan provides coverage for the following –

  1. Cashless medical treatments and evacuation
  2. Repatriation of mortal remains if the insured dies while on the trip
  3. Dental treatments undertaken due to an injury
  4. Delay or loss of checked-in-baggage
  5. Personal legal liability faced when a third party is physically injured or when a property belonging to another individual is damaged by you
  6. Loss of your passport
  7. Coverage against accidental death and permanent total and partial disability
  8. A daily allowance payable in case of hijack of the mode of transport which you use. This allowance is payable if the hijack continues beyond 12 hours. Moreover, the allowance would be paid for up to a period of 7 days
  9. Emergency cash advance in case you lose your travel funds
  10. Interruption of an ongoing trip or cancellation of the trip altogether
  11. Missed flight connection
  12. Evacuation due to any type of catastrophe or political risk
  13. Coverage against accidental death suffered when travelling in a common carrier

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4. ICICI Lombard Asia Travel Insurance Plan

This is a continent specific policy which covers trips taken within Asia itself like Thailand, China, UAE, etc. The salient features of the plan are as follows –

  1. Countries covered under the policy include Pakistan, Bangladesh, Nepal, Bhutan, Sri Lanka, Thailand, Korea, Philippines, Saudi Arabia, etc.
  2. The scope of coverage allowed by the plan is comprehensive
  3. You can also include your family members under the scope of coverage of the policy

Coverage benefits of ICICI Lombard Asia Travel Insurance Plan

Coverage under Asia Plan includes the following features –

  1. Coverage for cashless medical treatments including medical evacuation if required
  2. Repatriation of mortal remains if the insured dies while on the trip
  3. Cost of dental treatments which are undertaken due to an injury
  4. Complete loss of the checked-in-baggage
  5. Delay of the checked-in-baggage by more than 6 hours
  6. Loss of passport
  7. Personal liability incurred when an individual is physically hurt or when an individual’s property is damaged by you
  8. Accidental death or permanent partial or total disability suffered
  9. Hijack distress allowance payable per day of hijack for a maximum of 7 days
  10. Emergency cash advance if you lose your cash
  11. Costs incurred on trip cancellation or interruption
  12. Missed flight connection
  13. Costs incurred on delay of your trip
  14. Cost of evacuation done due to political risks of catastrophic events
  15. Coverage against accidental death suffered when travelling in a common carrier

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Exclusions under ICICI Lombard travel insurance plans

Though ICICI Lombard travel insurance plans provide a comprehensive scope of coverage for medical and non-medical contingencies, there are many instances which are not covered under the plans.

These instances are called policy exclusions and some common cases of exclusions under all types of ICICI Lombard travel insurance plans are as follows –

  1. Any illness, diseases, injury or death suffered due to a pre-existing illness would not be covered under ICICI Lombard travel insurance plans
  2. Accidents suffered due to participation in hazardous activities or adventure sports are not covered
  3. Claims occurring either before the trip has started or after the trip has been completed would not be covered
  4. Fraudulent claims are not covered
  5. Accidents suffered due to suicide, self-inflicted injuries, acts of criminal nature, etc. are not covered under the plan
  6. Illnesses or accidents suffered due to war, nuclear perils and war like situations would not be covered
  7. If you have an immigration visa, claims occurring after 90 days from the policy start date would not be covered even if you have opted for a longer coverage duration
  8. Travelling against medical advice is not covered
  9. Travelling only for the purpose of availing medical treatments would not be covered
  10. Pregnancy, child birth and relevant costs would not be covered under ICICI Lombard travel insurance plans

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How to apply for ICICI Lombard travel insurance?

You can buy ICICI Lombard travel insurance through one of the following ways –

  1. By visiting the nearest branch of ICICI Lombard
  2. By contacting an ICICI Lombard general insurance agent
  3. Online through the website of ICICI Lombard

Documents required for buying ICICI Lombard travel insurance plans

To buy ICICI Lombard travel insurance the following documents would be needed –

  1. Proposal form
  2. Identity proof of all the members who are being insured under the policy
  3. Age proof of all the members who are being insured under the policy
  4. Confirmed travel tickets
  5. Tour visa
  6. Any other documents if needed by the insurance company

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How to renew ICICI Lombard travel insurance plan?

If you want to renew your ICICI Lombard travel insurance policy you would have to request the company for such renewal. Submit your request in writing and the company would allow you to renew the policy. You would have to pay the renewal premium for renewing your coverage. Moreover, at the time of renewals, you can change the sum insured if you like and the renewal premium would be calculated accordingly.

How to make a claim under the ICICI Lombard travel insurance plan?

In case of a claim, the policyholder should follow the below-mentioned claim process for the settlement of claims –

  1. The Assistance Service Provider of the insurance company should be informed of the claim immediately. The provider, then, guide the policyholder with the next steps in the claim settlement procedure
  2. A claim form should be filled and submitted to the Assistance Service Provider of the insurance company stating the details of the claim
  3. All the relevant documents should also be submitted to the ASP so that the claim can be processed
  4. The claim would, then, be assessed by the ASP of ICICI Lombard and settled at the earliest

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Documents required for making a claim

To make a valid claim under your ICICI Lombard travel insurance policy, the following documents would be required –

  1. Policy document
  2. Medical reports, doctor’s reports, hospital bills, etc. in case of medical claims
  3. Police report in case of liability and accident claims
  4. Proof of loss suffered
  5. Any other document as required by the insurance company

PhonePe launches domestic trip insurance with ICICI Lombard

With the lockdown ending and domestic travel gradually starting across the country, PhonePe, a digital payments platform, today announced the launch of a comprehensive, industry-first domestic multi-trip insurance cover in a strategic partnership with ICICI Lombard, the non-life insurance company.

This service is exclusively available for PhonePe users. The platform provides affordable annual insurance cover for unlimited trips, PhonePe said in its official release.

PhonePe said unlike other traditional travel insurance products, this solution does away with the need to insure every trip separately and will benefit both business and leisure travellers.

The company said it aims to provide customers a stress-free travel experience by covering risks associated with all modes of travel within the country (road, rail and air within the country) right from the time a customer leaves home, till the time he/she returns.

PhonePe noted that for domestic travellers, an all-in-one insurance product offers a comprehensive bouquet of benefits that cover losses arising from trip cancellations, home burglary while travelling, missed connecting flights and lost baggage, among others.

The platform said it also caters to the needs of customers who prefer buying domestic travel insurance every time they book a ticket or a cab. With 365-day protection at Rs 499, it covers all modes of transport.

For air travellers specifically, there is a feature for trip cancellation due to hospitalisation and up to Rs 1,000 payout for trip cancellation due to government lockdown.

In addition to this, it also provides cover against death or hospitalisation due to an accident during the journey, with a sum assured of Rs 5 lakh.

Speaking on the launch, Gunjan Ghai, VP & Head of Insurance, PhonePe said in an official statement: “This product reflects PhonePe’s philosophy of finding time and context-relevant products for its customers. We are excited to launch this unique and industry-first insurance cover for domestic travellers.”

Ghai added: “The product offers cover for all modes of transport for unlimited trips in a year while also providing very relevant features in the current unlock 1.0 scenario.

We believe this solution will provide policyholders peace of mind so that they can focus on enjoying their travel without any worry. We remain deeply committed to making insurance affordable, simple, and accessible for over 200 million PhonePe users.”

Commenting on the product, Sanjeev Mantri, Executive Director, ICICI Lombard General Insurance said: “We are delighted to associate with PhonePe for this ‘first of its kind’ travel insurance offering.

At ICICI Lombard, our focus is to support our customers in their hour of need, thereby demonstrating our brand ethos of Nibhaye Vaade. As we get back to normal life amid social distancing, this product will surely benefit a large number of travellers, safeguarding them from any unforeseen circumstances.

Further, the multi-trip, multi-mode feature makes this solution a convenient, cost-effective, and extremely appealing proposition for the frequent traveller.”

PhonePe users can purchase the domestic multi-trip insurance policy under the “My Money” section on the PhonePe app. The policy purchase process takes around 2 minutes and customers will be issued their policy documents instantly on the PhonePe app.

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