ICICI Lombard introduces country's first 'anywhere cashless' facility

Tags: Economy/Finance

For the first time in the country, ICICI Lombard General Insurance launched 'Cashless Anywhere' facility for health insurance policyholders to avail cashless facilities at any hospital.

An overview of the news

• This facility will be subject to the approval of the hospital for cashless facility.

• Policyholders have to inform the company 24 hours before the date of admission giving basic information about the patient, policy details, name of the hospital, diagnosis and treating doctor.

• Any hospital, if not a part of ICICI Lombard's existing network, can get treated with this new facility to avail cashless facilities.

• Initially launched as a pilot project, this facility can now be availed across India through the 'IL TechCare' application, at no cost to the customers from their own pocket.

• It aims to expand insurance coverage by setting up more network partners in Tier-II and Tier-III cities, and actively seek and provide better options to customers.

About ICICI Lombard General Insurance

• It is a subsidiary of ICICI Bank Limited, a general insurance company.

• The company offers insurance products for machinery, fire and special perils, inland transit, product liability, workmen's compensation, tractors, marine and export credit.

• It also offers health insurance, travel insurance, retail insurance, home insurance and motor insurance.

• It also markets and distributes its products through agents, brokers, telesales, direct tie-ups, workplaces and online channels.

• ICICI Lombard is headquartered in Mumbai, India.