Icici Lombard Health Insurance Cancellation Policy

Many companies make health insurance cancellation policy regulations to give their customers peace of mind. Other companies like ICICI Lombard Health Insurance Company have had to recently enforce the numbers, especially after their massive storm of potential customers slammed their phone lines and inboxes the day before Christmas.

icici lombard health insurance

ICICI Lombard health insurance cancellation policy If you decide to cancel your health insurance policy with ICICI Lombard, you will not be charged a fee. In fact, the only charge you may incur is for any costs associated with obtaining a new policy.\. If you cancel within 30 days of purchase, ICICI Lombard will refund your premium for that coverage period, without any additional charges. Cancellation after 30 days will incur a prorated surcharge.\. To cancel, contact ICICI Lombard at \u003ca href=\”tel: 800-227-4827\” target=\”_blank\”>800-227-4827.

Cancellation of policy

If you need to cancel your policy, icici Lombard will do everything it can to help you. Here’s what you need to know: Cancellation Policy You have the right to cancel your policy within 30 days without penalty. To do so, notify icici Lombard of your decision by completing and returning the cancellation form included with your policy. You may also contact us at 1-877-446-8166 (Toll-free in Canada), or visit our website at www.icicilombard.com/cancellation-policy. If you cancel within 30 days of getting the policy, we’ll give you a full refund of premiums paid. If you cancel more than 30 days after getting the policy, we’ll only refund a percentage of the premiums paid. Please note that if you cancel due to a covered injury, we will not refund any part of your premium. Nor will we give you a prorated refund for time spent before the injury happened. Cancellations due to catastrophic events such as fire, flood or tornado are also not eligible for refunds or prorated coverage time.

Claim settlement time

The time to file a claim and receive a settlement from icici lombard varies depending on the policy you have with the insurer. The average time to settle a claim is around six weeks, although it can take up to 16 weeks in some cases. To expedite the claim process, icici lombard recommends filing a claim as soon as possible after becoming aware of an incident. The claim form can be downloaded from icici lombard’s website or obtained from your insurance company. If you have any additional questions about filing a claim or settlement, please contact icici lombard at 800-927-2577.