 "Bharti AXA Life launches Hospi Cash Benefit Rider")
Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises and AXA, introduces Hospi Cash Benefit Rider - a product that provides a fixed amount in case on hospitalisation or surgery.
Sandeep Ghosh, MD & CEO of Bharti AXA Life Insurance said, “A recent study by Public Health Foundation of India revealed that per capita spending on hospitalisation went up from 11.20% in 2005 to 22.47% in 2010. This is a cause of great concern as high cost should not be a deterrent for a patient looking for the best possible medical solution.”
Bharti AXA Life Hospi Cash Benefit Rider is a non-linked regular pay hospital and surgery cash insurance rider. Benefits of this rider include a fixed daily pay out in case of hospitalisation and an additional daily pay out in case of admission in ICU. It also offers a lumpsum on undergoing a surgery on an individual policy. This rider can be taken with all the traditional products of Bharti AXA Life.
Bharti AXA Life Triple Health Insurance plan, a critical illness product is now available online for purchase. The plan offers a cover of a maximum of three times the sum assured under the policy, and covers 13 critical illnesses classified into three groups. On diagnosis of an illness, the policyholder can claim 100% sum assured and is still covered for illnesses under the remaining two groups. Furthermore, on diagnosis, future premiums payable by the policyholder are waived off.
Sandeep Ghosh, MD & CEO of Bharti AXA Life Insurance said, “A recent study by Public Health Foundation of India revealed that per capita spending on hospitalisation went up from 11.20% in 2005 to 22.47% in 2010. This is a cause of great concern as high cost should not be a deterrent for a patient looking for the best possible medical solution.”
Bharti AXA Life Hospi Cash Benefit Rider is a non-linked regular pay hospital and surgery cash insurance rider. Benefits of this rider include a fixed daily pay out in case of hospitalisation and an additional daily pay out in case of admission in ICU. It also offers a lumpsum on undergoing a surgery on an individual policy. This rider can be taken with all the traditional products of Bharti AXA Life.
Bharti AXA Life Triple Health Insurance plan, a critical illness product is now available online for purchase. The plan offers a cover of a maximum of three times the sum assured under the policy, and covers 13 critical illnesses classified into three groups. On diagnosis of an illness, the policyholder can claim 100% sum assured and is still covered for illnesses under the remaining two groups. Furthermore, on diagnosis, future premiums payable by the policyholder are waived off.