Is Bharti AXA Health Insurance Good?
Table of Contents
Bharti AXA, known for their high quality products and customer relationship services, are health insurance providers that relieve you of all your health related worries in the times of need. With plans that offer lifetime renewal benefits, room rent on certain plans and coverage of pre-existing diseases, it is clear that the company understands the importance of health and offers unique health insurance benefits to insurers.
Benefits of Buying Bharti AXA Health Insurance
- Lifelong renewable – The plan covers you for your entire lifetime and you can renew them lifelong.
- Room Rent - The plan offers unlimited room rent on certain health insurance plans.
- Pre & Post hospitalization cover - The plan covers medical expenses for 30days prior to hospitalization and 60 days post hospitalization only for related medical expenses.
- Health Check-ups – The policy offers 1% of the sum insured after every 4 claim-free years for free health check-up.
- Pre-existing diseases - Pre-existing diseases are covered after 4 years of policy issuance.
Competitively priced products - Industry first services like dedicated claims handlers and 48 hour fund release
Offers great deductions on premium - The incurred claim settlement ratio of Bharti AXA Health Insurance for F.Y.2018-19 is 89%.
What is Covered Under Bharti AXA Health Insurance Plans?
- Pre-existing diseases: Covered after 48 Months.
- 24 months for the specific diseases or illness or procedures/surgeries.
- Initial waiting period: 30 days for all illnesses (not applicable on renewal or for accidents)
- Maternity expenses: where maternity cover is opted, waiting period until 9 months since inception of the first Policy with the Company.
- Critical Illness - 60 days waiting period and 30 days survival period.
- Internal Congenital Anomalies are covered after a waiting period of 48 months.
- Genetic disorders are covered after a waiting period of 48 months.
- Any benefit under Critical Illness Section within 30 days from the date of inception in case of benefit plan and 60 days from the date of inception in case of reimbursement plan.
- Hospitalization expenses incurred for treatment undertaken for disease or illness and/or for critical illness within 30 days of the inception date of this Policy.
What is Not Covered Under Bharti AXA Health Insurance Plans?
- War (whether declared or not) and war like occurrence or invasion, acts of foreign enemies, hostilities, civil war, rebellion, revolutions, insurrections, mutiny, military or usurped power, seizure, capture, arrest, restraints and detainment of all kinds. Disease/ Illness/ Injury whilst performing duties as a serving member of a military or a police force.
- Any Illness or Injury directly or indirectly resulting or arising from or occurring during commission of any breach of any law by the Insured Person with criminal intent.
- Circumcision unless necessary for treatment of a disease, illness or injury not excluded hereunder, or, as may be necessitated due to an accident.
- Dental treatment or surgery of any kind unless requiring hospitalization.
- Birth control procedures, hormone replacement therapy, treatment arising from or traceable to pregnancy, childbirth including caesarean section and voluntary medical termination of pregnancy during the first 12 weeks from the date of conception. However, this exclusion will not apply to Ectopic Pregnancy proved by diagnostic means and certified to be life threatening by the attending Medical Practitioner.
Conclusion
With competitively priced products and inspiring features, Bharti AXA is one of the Top Ten insurance companies in India. Their Triple Health Insurance Plan for Critical Illness offers coverage against as many as 13 critical illnesses. However, a waiting period of 4 years clubbed with lack of any No Claim Bonus for claim free years is a bit impediment.
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