The firm in partnership with Bharti AXA Group has launched two totally different medical health insurance plans to offer safety towards COVID-19.
Women carrying facemasks as a safety measure towards the COVID-19 coronavirus use their cell phones. PIC/AFP.
New Delhi: If you have got a financial savings checking account with Airtel Payments Bank, then you may avail medical health insurance plans towards coronavirus being launched in partnership with Bharti AXA Group on Monday. Under the partnership, the corporate has launched two totally different medical health insurance plans – Bharti AXA Group Health Assure which presents a lump sum good thing about ₹25,000 and Group Hospital Cash which supplies each day profit beginning Rs500 per day – to offer safety towards COVID-19.In order to avail these plans, you need to undergo pre-medical checkups to make sure you aren’t affected by Covid 19 or its signs. Both merchandise can be found for financial savings checking account clients of Airtel Payments Bank.
“We believe that ensuring a safety net against the financial repercussions of COVID-19 or any disease is just as important as exercising precautions against it,” stated Sanjeev Srinivasan, MD and CEO, Bharti AXA General Insurance.
The group cowl from Bharti AXA overlaying COVID-19 comes with a set cowl providing 100 per cent sum insured as a lump sum in case the policyholder is detected with Covid 19 or will get quarantined in a authorities hospital or navy facility/institution.
Also, in case you might be discovered to be damaging after the quarantine interval of 14 days in a authorities hospital or navy facility/institution, you can be entitled to 50 per cent of the sum insured.
The coverage presents safety for the lethal illness from the primary day of detection and you should buy it at a value of ₹499 (together with GST) for mounted sum insured of ₹25,000.
While beneath the Group Hospital Cash Policy presents you can be paid mounted allowance per day on hospitalization with Enhanced ICU Cash. Under this coverage, relying on the plan, a buyer is entitled to a set per day good thing about ₹500 or ₹1000 paid for every day of hospitalization, as much as most for 10 days.
However, each insurance policies will stay legitimate as much as a yr and will likely be issued on a person identify foundation solely.