Q: Is 34% rewards calculated on the total premium or just the base premium?
The reward is calculated on the net premium — the base policy amount before GST. For example, on a ₹10,000 net premium, the reward would be ₹3,400 credited to your Demandeals wallet.
Q: How long does it take to receive my rewards after buying the policy?
ICICI Lombard rewards are typically credited within 30–45 days of confirmed policy issuance, as it is subject to verification by the insurer. If not credited within 50 days, raise a support ticket.
Q: Can I earn rewards on my ICICI Lombard renewal as well?
Renewals may qualify, but at a different rate. Always check the current offer on this page before renewing.