ICICI Lombard Golden Shield Health Plan For Senior Citizens
ICICI Lombard Health Insurance ICICI Lombard Health Insurance ★ 4.4

Golden Shield Plan

Golden Shield Plan by ICICI Lombard offers multiple health care featur ...Read More

Up to 3 Crores
Sum insured
1
No. of plans
320+
Pan India presence
97.16%
Claim settlement ratio
🛡️ IRDAI Approved
4.4/5 · 2,704 reviews
🏥 10,600+ hospitals
📊 2.69 solvency ratio
97.16% claim settlement

Golden Shield Plan by ICICI Lombard offers multiple health care features making sure that insured individuals have access to efficient medical care. With features like a care management program, and a co-pay reduction option the plan is an ideal plan for senior citizens.

Why do we recommend this?
  • Care Management Program
  • Claim Protector Benefit
  • Voluntary Deductibles

Plan at a glance

Eligibility, sum insured options and policy mechanics — pulled straight from the policy wording.

Entry age
Min- 56 years, Max- No Limit
Plan type
Senior Citizen Health Insurance
Sum insured options
₹5 L, ₹10 L, ₹20 L, ₹30 L, ₹40 L, ₹50 L
Waiting period
30 Days
Renewability
Lifelong
Policy term
1/2/3 Years

*Initial Waiting Period is the time period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Pros

  • Reset Benefit
  • Coverage for Ambulance
  • Cashless Hospitalization

Cons

  • Maternity cover
  • New born cover
  • Daily hospital cash

What's covered

A quick look at what this plan covers — and what it doesn't.

Hospitalization

  • Room rent Covered
  • ICU charges Covered
  • Pre-hospitalization Covered
  • Post-hospitalization Covered
  • Domiciliary hospitalization Covered
  • Day-care treatment Covered
  • OPD charges Covered
  • Covid-19 treatment Covered
  • Cataract Covered

Bonuses & restoration

  • No-claim bonus Covered
  • Automatic restoration of SI Covered
  • Daily hospital cash Not covered

Family & special care

  • Maternity cover Not covered
  • New-born baby cover Not covered
  • IVF treatment Not covered
  • AYUSH treatment Covered
  • Organ donor expenses Covered

Modern & preventive care

  • Modern treatment Covered
  • Road ambulance Covered
  • Air ambulance Covered
  • E-consultation Covered
  • Health check-up Covered
  • Second medical opinion Covered
  • Vaccination Not covered

Conditions & global

  • Co-payment Covered
  • Sub-limits Not covered
  • Compassionate travel Not covered
  • Global coverage Not covered

Video reviews

Walkthroughs from the PolicyX team — pros, cons, real claim experiences and who should buy.

ICICI Lombard Health Insurance

ICICI Lombard Health Insurance

ICICI Lombard Health Insurance Review

ICICI Lombard Health Insurance Review

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

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

Frequently Asked Questions

The 5 most-asked questions about Golden Shield Plan, answered.

The plan is available to insured individuals over the age of 56 years without any upper limit to the entry age.
The sum insured options available under the ICICI Golden Shield Plan range between INR 5 lakhs and 50 Lakhs.
The ICICI Lombard Golden Shield Plan can cover you and your spouse under a single cover.
The modification of co-payment is a feature that allows insured individuals to reduce the base co-pay from 50% 40 or 30, or 20%.
Yes, ICICI Lombard Golden Shield Plan is eligible for tax benefits as per the Income Tax Laws of India. All the premiums paid towards the insurance plan are eligible for tax benefits.

Conclusion

A decent health plan for senior citizens with good coverage and reset benefits, but comes with co-pa

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Written and reviewed by

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