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ICICI Lombard Health Insurance Premium Calculator

ICICI Lombard Health Insurance Premium Calculator is an online tool that can be used to find the health insurance premium before purchasing it. The manual calculation can be very difficult and inaccurate especially when you are buying a policy that covers a large number of people like a family floater health insurance plan. Finding the premiums manually of such plans can be time-consuming and extremely complicated. Hence, online premium calculators provide a quick and accurate premium amount that is beneficial for prospective insurance buyers.

What is a Health Insurance Premium?

It is an amount that you pay to the insurance company to enjoy the benefits of a health insurance policy and to keep it active. In return, the insurance company will pay your hospital bills and other healthcare expenses if you have a medical emergency or are diagnosed with a disease covered by the policy.

Importance of Online Health Insurance Premium Calculator

The online health insurance premium calculator is important as you can perform the following activities:

  • The online health insurance premium calculator is important as you can perform the following activities:
  • You can add new riders or you can deduct the existing one.
  • You can add or deduct the policy coverage benefits.
  • You can compare different health insurance based on your affordability and requirements.
  • You can check the most suitable plan as per your estimated budget.

Features and Benefits of ICICI Lombard Premium Calculator

Some of the key features and advantages of an ICICI Lombard Premium calculator are listed below:

  • It simplifies and fastens the time-consuming and complex task of determining health insurance premium amounts. Enter a few pieces of information into the calculator to get an instant estimate of your premium amount.
  • You can check the estimated amount you have to pay for health insurance. This allows you to select the health plan that is best for you and your family.
  • Health Insurance Premium calculators are quite flexible as you can check the best health insurance plan and premium amounts for you as per your needs and requirements.
  • You can also check the discounts available on the premium amount and can use them to reduce the premium.
  • Policyholders can use different filters and select premium quotes based on their choices.
  • The ICICI Lombard health insurance premium calculator is free to use and can be used several times to calculate premiums.

How to Reduce ICICI Lombard Health Insurance Premium?

People avoid purchasing health insurance because of the higher premiums. Here are some suggestions for minimizing your health insurance premiums:

  1. Buy policy at a young age

    Premiums of health insurance depend on the buyer’s age. If the buyer’s age is high then the health insurance premium will be high. Purchasing a health insurance policy at a young age is the best option as it allows you to obtain health coverage at the lowest premium rates.

  2. Compare and buy online

    You can make a good decision and get the right plan for yourself by comparing and purchasing health insurance policies. You can also get attractive discounts on premium amounts from the insurer.

  3. Opt for a multi-year policy

    You can save 5% on your premium by choosing a multi-year (2-year) coverage. This is valid for the ICICI Lombard Complete Health Insurance policy.

  4. Choose add-on covers wisely

    Every add-on cover you choose comes with an additional premium on top of your regular health insurance premium. As a result, you should choose your add-on covers carefully and avoid those that you may not need.

  5. Go for higher deductibles

    Deductibles are a proportion of the entire claim amount that the policyholder is responsible for. You can save a lot of money on health insurance by choosing higher deductibles.

Factors That Affect the Health Insurance Premium

Factors that can affect the health insurance premium:

  • Gender and Age of the applicant
  • Lifestyle
  • Pre-existing health condition
  • Policy type
  • Add-on covers
  • Policy tenure
  • Location of the applicant

How to Use the ICICI Health Insurance Premium Calculator?

An online premium calculator is easy to use. You need to follow these steps to calculate your premiums. The steps to calculating your health insurance premiums by requesting a quote on our website are as follows:

  • Visit the official website.
  • Click on Health Insurance on the product list.
  • Enter your details like DOB and contact number.
  • Select your desired plan.
  • Choose your preferred sum insured amount and policy duration.
  • Click on the “Get Quote” button.
  • The result will show you the estimated premiums.

Explore other ICICI Lombard Health Insurance

To cater to the different medical needs of an individual & their family, ICICI Lombard Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more.Take a look below to ICICI Lombard Health Insurance plans explore more:

Individual and Family Health Insurance

ICICI Lombard Health AdvantEdge plan is a comprehensive health insurance plan designed to cater to all your health care needs. A family health insuran...

Unique Features

  • Global Cover
  • SI Upto 3 Cr
  • Air Ambulance Cover

AdvantEdge Plan (Pros)

AdvantEdge Plan
  • Restoration Benefit
  • Cumulative Bonus
  • Health Rewards
  • Domestic Air Ambulance

AdvantEdge Plan (Cons)

AdvantEdge Plan
  • OPD Cover
  • Second medical opinion
  • Modern treatment
  • IVF treatment cover

AdvantEdge Plan (Other Benefits)

AdvantEdge Plan
  • New Born Cover
  • Vaccine Cover
  • Maternity Cover
  • PED Cover
  • Personal Accident Cover

AdvantEdge Plan (Eligibility Criteria)

AdvantEdge Plan
  • Entry Age: 18 - 65 years
  • SI: 5 L to 3 Cr
  • Initial waiting period: 30 days

Accident Health Insurance

ICICI Lombard Personal Protect Policy is a comprehensive health insurance policy that offers an array of benefits and extensions to safeguard the insu...

Unique Features

  • Accidental Death Benefit
  • Acts Of Terrorism Cover
  • Life Long Renewal

ICICI Personal Protect Policy (Pros)

ICICI Personal Protect Policy
  • Accidental Death
  • Permanent Total Disablement Benefit
  • Hospital Daily Allowance

ICICI Personal Protect Policy (Cons)

ICICI Personal Protect Policy
  • Illegal activities
  • Adventure sports
  • Obesity

ICICI Personal Protect Policy (Other Benefits)

ICICI Personal Protect Policy
  • Operational Coverage
  • Accidental Hospitalization
  • Hospital Daily Allowance

ICICI Personal Protect Policy (Eligibility Criteria)

ICICI Personal Protect Policy
  • Min entry age: 18 Years
  • Max entry age: 80 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 25 L

Senior Citizen Health Insurance

Golden Shield Plan by ICICI Lombard is designed especially for senior citizens and to cater to all their health care needs. With growing age, the huma...

Unique Features

  • Care Management Program
  • 50 L SI Available
  • Co-Pay Modification

Golden Shield Plan (Pros)

Golden Shield Plan
  • Reset Benefit
  • Coverage for Ambulance
  • Cashless Hospitalization

Golden Shield Plan (Cons)

Golden Shield Plan
  • Maternity cover
  • New born cover
  • Daily hospital cash

Golden Shield Plan (Other Benefits)

Golden Shield Plan
  • Care Management Program
  • AYUSH Treatments
  • Claim Protector

Golden Shield Plan (Eligibility Criteria)

Golden Shield Plan
  • Entry age: 56 years to no maximum limit
  • Sum insured: 5 to 50 Lakhs
  • Initial waiting period: 30 days

Individual and Family Health Insurance

ICICI Lombard Arogya Sanjeevani is a versatile plan that pays for your medical bills in case of hospitalization. If you are looking for a health plan ...

Unique Features

  • COVID-19 Cover
  • Ambulance Cover
  • Affordable Plan

Arogya Sanjeevani Policy (Pros)

Arogya Sanjeevani Policy
  • Cumulative bonus
  • Cataract treatment covered
  • Modern procedures covered
  • Intensive cardiac care charges

Arogya Sanjeevani Policy (Cons)

Arogya Sanjeevani Policy
  • No eyesight correction expenses
  • Fertility expenses not covered
  • Nursing expenses not covered
  • Nursing at home not covered
  • OPD expenses not covered

Arogya Sanjeevani Policy (Other Benefits)

Arogya Sanjeevani Policy
  • Floater benefit
  • Pre-existing diseases after 4 years
  • In-patient AYUSH treatment
  • Day care procedures

Arogya Sanjeevani Policy (Eligibility Criteria)

Arogya Sanjeevani Policy
  • Entry age- 18 years
  • Max entry age- 65 years
  • SI- 1 L to 5 L
  • Waiting period- 30 days

Top Up and Super Top Up

ICICI Lombard Health Booster is a comprehensive super top-up health insurance plan designed to enhance your existing coverage. The policy acts as a s...

Unique Features

  • Reset Benefit
  • Top-up Plan
  • Lifetime Renewability

Health Booster (Pros)

Health Booster
  • In-patient treatment covered
  • High range of coverage
  • Flexible coverage

Health Booster (Cons)

Health Booster
  • Injury due to war
  • Cosmetic surgery
  • Aesthetics treatment

Health Booster (Other Benefits)

Health Booster
  • Reset benefit
  • Domestic road emergency
  • Pre and post-hospitalisation
  • Donor expenses

Health Booster (Eligibility Criteria)

Health Booster
  • Min entry age: 6 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 50 L

Individual and Family Health Insurance

ICICI Lombard MaxProtect health insurance plan is a multiple-benefit provider plan that comes with affordable premiums. It has two variants ie, Classi...

Unique Features

  • Up to 1 Crore SI
  • International coverage
  • Modern treatment

ICICI Lombard MaxProtect Plan (Pros)

ICICI Lombard MaxProtect Plan
  • Worldwide coverage
  • Modern-day treatment procedures
  • Reset benefits

ICICI Lombard MaxProtect Plan (Cons)

ICICI Lombard MaxProtect Plan
  • Maternity cover
  • OPD not covered
  • Daily hospital cash

ICICI Lombard MaxProtect Plan (Other Benefits)

ICICI Lombard MaxProtect Plan
  • Multi-yearPolicy discounts
  • Automatic restoration
  • Domiciliary hospitalization

ICICI Lombard MaxProtect Plan (Eligibility Criteria)

ICICI Lombard MaxProtect Plan
  • Entry age: 21 to 65 years
  • Sum Insured: Upto 1 Cr
  • Initial Waiting Period: 30 Days

Individual and Family Health Insurance

Worried about your medical expenses? Boost your healthcare experience with the ICICI Lombard Health Shield 360 insurance policy. Healthcare is one of ...

Unique Features

  • 360° wellbeing programs
  • High SI options
  • Home healthcare

Health Shield 360 (Pros)

Health Shield 360
  • Worldwide cashless facility
  • Unlimited reset cover
  • Daycare procedures

Health Shield 360 (Cons)

Health Shield 360
  • Illegal activites
  • Adventure sports
  • Drug abuse

Health Shield 360 (Other Benefits)

Health Shield 360
  • Air ambulance
  • OPD Cover
  • Additional Sum Insured

Health Shield 360 (Eligibility Criteria)

Health Shield 360
  • Min entry age: 21 Years
  • Max entry age: 75 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 1 Cr

Individual and Family Health Insurance

Customize your ICICI Lombard Complete Health Plan with 4 available variants ICICI Lombard Complete Health Insurance is a comprehensive health insuranc...

Unique Features

  • Wellness Program
  • Maternity & Newborn Cover
  • Riders Available

Complete Health Insurance (Pros)

Complete Health Insurance
  • Critical Illness cover
  • AYUSH treatment covered
  • Ambulance coverage
  • E-consultation

Complete Health Insurance (Cons)

Complete Health Insurance
  • Vaccination not covered
  • IVF Treatment
  • Modern treatment
  • Air ambulance

Complete Health Insurance (Other Benefits)

Complete Health Insurance
  • Cataract
  • Daily hospital cash
  • Organ donor

Complete Health Insurance (Eligibility Criteria)

Complete Health Insurance
  • Min entry age: 3 months
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 50 L

Group Health Insurance

ICICI Lombard Group insurance is a type of insurance plan that covers many people in the same proximity, for example, employee-employer, bank customer...

Unique Features

  • Large Sum Insured
  • Daycare Treatment
  • Floater Benefit

Group Health Insurance (Pros)

Group Health Insurance
  • Tax benefit
  • Less waiting period
  • Hospital coverage
  • Wide range coverage

Group Health Insurance (Cons)

Group Health Insurance
  • Pre-existing diseases
  • Hazardous or adventure sports

Group Health Insurance (Other Benefits)

Group Health Insurance
  • Cashless benefit
  • Day care treatment
  • Floater benefit

Group Health Insurance (Eligibility Criteria)

Group Health Insurance
  • Min entry age: 18 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 50 L

Health Insurance Companies

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ICICI Lombard Premium Calculator: FAQs

1. What is the rate of GST payable on health insurance premiums?

The government has charged 18% GST on health insurance premiums.

2. How to calculate health insurance premiums for parents?

The process of calculating health insurance premiums for your parents is similar to the process of calculating health insurance premiums for a younger individual. You can use a senior citizen health insurance premium calculator to figure out how much it will cost to get health insurance for your parents.

3. Can I get health insurance quotes online?

Yes. You can get health insurance quotes online using a variety of web-based tools. You can use the ICICI Lombard Health Insurance Premium Calculator to acquire fast premium quotations for your desired health insurance policy.

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Himanshu Kumar

Written By: Naval Goel

Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.