ICICI Lombard launches AI-powered health insurance plan ‘Elevate’. 5 things to know

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ICICI Lombard, stated, “‘Elevate’ embodies our steadfast dedication to pioneering innovation and customer-centricity. As a ground-breaking industry first, powered by an AI engine, ‘Elevate’ will redefine health insurance, ensuring a deeply personalised experience tailored to customers’ needs.

With add-ons such as ‘Infinite Care’ and ‘Power Booster,’ we have set a new standard in health insurance, empowering our customers with unparalleled peace of mind in an increasingly dynamic world."Elevate is designed to accommodate the rapidly evolving ecosystem and offers personalised, customer-centric plans that prioritize comprehensive coverage and flexibility.1)Infinite Sum Insured: This feature addresses the concern of limited coverage and sum insured and ensures that policyholders never run out of coverage.2)Infinite Claim Amount: This add-on offers comprehensive financial protection with an infinite claim amount for one-time claims during the policy lifetime without considering the sum insured.3)Power Booster Add-on: This add-on provides a 100% cumulative bonus annually, irrespective of claims, for an indefinite period.4)Reset Benefit: This feature triggers unlimited coverage resets, ensuring continuous protection regardless of claims.5)Infinite Assurance: This jump-start add-on enables people with pre-existing disease conditions like asthma, diabetes, hypertension, hyperlipidaemia and obesity to start benefitting from the policy after 30th day as against the industry norms of waiting period of 3 years. Leveraging the power of AI, ‘Elevate’ interprets customer inputs to deliver optimal coverage recommendations, ensuring that each policy is uniquely suited to individuals’ requirements.