Bharti AXA Life Easy Health Plan
Bharti AXA Life Easy Health Plan is a Health Plan which caters to hospitalization benefit along with certain exclusive benefits as well.
Key Features
Benefits
|
Option 1
|
Option 2
|
Option 3
|
Option 4
|
Daily Hospital Cash Benefit
|
500
|
750
|
1000
|
1500
|
Accidental Hospitalisation
Benefit
|
500
|
750
|
1000
|
1500
|
Intensive Care Benefit
|
500
|
750
|
1000
|
1500
|
‘Get-Well-Soon’ Benefit per year
|
1500
|
2250
|
3000
|
4500
|
Benefits
There in no Death Benefit in this plan.
This plan being a pure Health Insurance Plan has no Maturity Benefit as well.
How it works
Tax Benefit
Eligibility
|
Minimum
|
Maximum
|
Sum Assured (in Rs.)
|
|
No Limit
|
Policy Term (in years)
|
3
|
|
Entry Age of Life Insured/ Spouse/ Parents (in years)
|
18
|
52
|
Age at Maturity of Life Insured/ Spouse/ Parents (in years)
|
-
|
55
|
Entry Age of Child (in years)
|
0
|
22
|
Age at Maturity of Child (in years)
|
-
|
25
|
Premium (in Rs.)
|
|
No Limit
|
Payment modes
|
Yearly, Half-Yearly. Quarterly and Monthly
|
The below illustration is for a healthy Male (non-tobacco user) opting for Daily Hospital Cash Benefit = Rs. 1000 for a Policy Term of 3 years
Exclusions
- There are certain exclusions under which claim would not be admitted. They are:
- Hospitalisation for Pre-Existing Illness, their complications, congenital diseases/defects, and sexually transmitted diseases including HIV/AIDs are not covered
- Hospitalisation for treatment other than under the Allopathic system of medicine are not covered
- Hospitalisation primarily for investigatory/diagnostics purpose, routine consultations/examination, weight reduction or gain or for preventative treatment are not covered
- Hospitalisation for voluntary surgery/procedures which are not deemed as medically necessary or for rest cure/rehabilitation or for cosmetic or dental treatment is not covered. Only reconstruction surgery or dental surgery due to accident will be covered
- Hospitalisation in case of maternity/infertility/sterility/erectile dysfunction/impotency/miscarriage/abortion/sterilisation/contraception/circumcision is not covered
- Hospitalisation for treatment or management of psychiatric conditions, insanity, mental and nervous breakdown are not covered
- Hospitalisation arising out of self-inflicted injury and participation in hazardous activities and sports are not covered
- Hospitalisation arising out of war and war-like situation, committing an assault, a criminal offence, an illegal activity or any breach of law
- Hospitalisation directly or indirectly arising from alcoholism or drug abuse and any injury or sickness which the insured may suffer after he has taken intoxicating liquors or drugs
FAQs
This is a three years renewable policy. Hence if you do not renew the policy, all benefits would lapse. If the lapsed policy is not revived within 90 days of the due date of the first unpaid premium then the policy will be terminated
There are no surrender benefits under this term plan.
As mentioned under Exclusions, Bharti AXA Life Easy Health Plan does not cover Pre existing Diseases and hospitalization from the same. It is not even after continuous renewals as in other plans.
As mentioned under Exclusions, Bharti AXA Life Easy Health Plan does not cover Maternity Benefit and hospitalization from the same. It is not even after continuous renewals as in other plans.
Claim Process
- A copy of the original Policy Document.
- Claim Intimation Form duly filled and signed by the Policyholder or the Nominee, in case of death of the Life Insured, in original.
- The Doctor’s Certificate who did the treatment, duly filled and signed in original.
- Copies of Medical records, discharge card/summary, Investigation reports, consultation papers, hospital bills.
- An attested copy of Age proof.