ICICI Family Shield Policy – The Smart Choice for Family Health Protection


Understanding the Need for a Family Floater Health Plan

In India, healthcare costs are rising steadily. A single medical emergency can lead to a financial setback for many families. The solution? A family health insurance plan that covers all members under one umbrella.

The ICICI Family Shield Plan (or ICICI Lombard Family Shield) is a family floater plan India that provides comprehensive health coverage for you, your spouse, children, and even parents. With coverage options ranging from ₹5 lakh to ₹50 lakh, it ensures your family is financially protected during medical emergencies.



What Makes ICICI Family Shield Plan Stand Out?

Unlike individual health policies, this ICICI health insurance floater plan offers a shared sum insured, making it cost-effective and flexible.

Key Features:

  • High Coverage: Up to ₹50 lakh sum insured plan

  • Family Floater: Covers multiple members under a single policy

  • Cashless Treatment: Access 7,500+ hospitals nationwide

  • Customizable Add-ons: Maternity, critical illness, personal accident

  • Tax Benefits: Premiums qualify for Section 80D deductions

  • Flexible Policy Terms: 1, 2, or 3 years

ICICI Family Plan Benefits

Here’s a detailed breakdown of ICICI family plan benefits:

BenefitDetails
High Sum InsuredUp to ₹50 lakh coverage for the entire family
Cashless Network7,500+ network hospitals across India
Pre & Post Hospitalization30–60 days pre and 60–90 days post hospitalization expenses covered
Daycare & OPD Procedures150+ procedures including chemotherapy, dialysis, cataract surgery
Maternity & Newborn CoverOptional add-on
No Claim Bonus (NCB)Up to 20% increment for claim-free years
AYUSH TreatmentsAyurveda, Yoga, Unani, Siddha, Homeopathy
Critical Illness RiderOptional coverage for major illnesses

Coverage Details

Inclusions:

  • Hospitalization expenses: room rent, ICU, doctor fees

  • Pre & post-hospitalization treatment

  • Daycare procedures

  • Ambulance & organ donor expenses

  • Preventive health checkups

  • Optional maternity and critical illness coverage

Exclusions:

  • Cosmetic & dental procedures (except accident-related)

  • Injuries due to hazardous activities

  • Self-inflicted injuries

  • Pre-existing conditions (until waiting period ends)

Who is Eligible?

CriteriaDetails
Adults18–65 years
Children91 days – 25 years
CoverageSelf, spouse, children, parents
Policy Term1, 2, or 3 years

Premium Estimate

Premiums depend on family size, sum insured, age, and city.

Sum Insured2 Adults + 1 Child2 Adults + 2 Children
₹5 lakh₹12,500₹15,000
₹10 lakh₹18,500₹22,000
₹25 lakh₹30,000₹34,500
₹50 lakh₹45,000₹50,000

Note: Premiums may vary based on add-ons and location.

Why Choose a Floater Plan?

  • Cost-effective compared to multiple individual plans

  • Shared sum insured ensures coverage for any family member

  • Easy management with a single policy

  • Can include senior citizens and parents

ICICI Family Shield vs Other Floater Plans

FeaturesICICI Family ShieldCompetitor ACompetitor B
Max Sum Insured₹50 lakh₹25 lakh₹30 lakh
Cashless Hospital Network7,500+5,000+6,500+
Add-ons AvailableMaternity, Critical IllnessMaternity OnlyCritical Illness Only
No Claim BonusYes, up to 20%Yes, up to 15%Yes, up to 10%
Tax BenefitsSection 80DSection 80DSection 80D

How to Buy ICICI Health Insurance

  1. Visit the ICICI Lombard website

  2. Select Family Shield Plan

  3. Enter details of all family members

  4. Choose sum insured and optional add-ons

  5. Pay securely online

  6. Receive instant e-policy

Pros & Cons

ProsCons
High coverage up to ₹50 lakhPremium increases with age
Wide hospital networkWaiting period for pre-existing diseases
Multiple add-onsSub-limits may apply
Tax benefitsCo-payment may apply

FAQs

Q1. What is the maximum sum insured?
Up to ₹50 lakh for the entire family.

Q2. Can parents be added?
Yes, parents can be included in the floater plan.

Q3. Does it cover maternity?
Yes, via an optional add-on.

Q4. How to claim ICICI Lombard health cover?
Use the cashless facility at network hospitals or claim reimbursement.

Q5. Are critical illnesses included?
Yes, with the Critical Illness Rider.

Q6. Is there a tax benefit?
Yes, premiums are deductible under Section 80D.

Conclusion

The ICICI Family Shield Policy is perfect for families seeking comprehensive, affordable, and flexible health insurance. With coverage up to ₹50 lakh, optional add-ons like maternity and critical illness riders, and access to 7,500+ network hospitals, it’s a complete solution for family healthcare protection.

By choosing this family floater plan India, you can secure your family’s health while minimizing financial stress.

Don’t wait for emergencies – buy ICICI health insurance online today and give your family the protection they deserve.

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