Bharti AXA launches Smarthealth Critical illness insurance policy

Thus in the event that the breadwinner of a family is diagnosed with a critical disease that threatens financial security, the Bharti AXA Smarthealth Critical illness insurance policy helps one to be better prepared by helping cover up for income loss or wealth depletion.

Bharti AXA General Insurance is the first and only company in India to offer unmatched livelihood protection through its specialized critical illness product, Bharti AXA Smarthealth Critical illness insurance policy. This insurance cover gives one the freedom to opt for an up front payment of the treatment cost to the extent of Rs. 5 lakhs, upon diagnosis of the illness irrespective of treatment or hospitalization costs. Thus in the event that the breadwinner of a family is diagnosed with a critical disease that threatens financial security, the Bharti AXA Smarthealth Critical illness insurance policy helps one to be better prepared by helping cover up for income loss or wealth depletion. The average age of people facing threat for a major illness is decreasing over the years owing to lifestyle factors. With 30s being the 40s and 40s being the news 50s, it’s imperative to invest in a differentiated cover that provides optimal protection. An individual plan for 26- 35 year olds can cost any where between Rs. 658 – Rs. 1644 for a cover ranging from Rs. 2 lac to Rs. 5 lac. For a family floater option for the same age group, the costs are between Rs. 1464 – Rs. 3650 for the same range of cover. These amounts include service tax. “With medical inflation rising at an estimated 15% per annum coupled with a lack luster budget on health reforms, good treatment and hospital services cost are likely to make serious dent in the middle class pocket. The kind of dent we are talking of includes potential loss of savings, potential loss of income and ad-hoc expenses”, said Dr. Amarnath Ananthanarayanan, CEO & MD, Bharti AXA General Insurance. He further added that “What you need to look out for is a health insurance partner that can help you protect your wealth, protect your income and protect your livelihood. That’s where Bharti AXA General Insurance steps in. We know critical illnesses don’t look at insurance policies. That’s why we help you to be prepared for more.” In a recent study we benchmarked Bharti AXA Smarthealth Critical illness insurance policy to other existing policies under 14 different parameters. Results suggest that we are the only insurance company in India to provide unmatched coverage. What set apart the Bharti AXA Smarthealth Critical illness insurance policy is – Covers 20 critical illnesses, the highest offered by an insurance company in India Only policy to cover all major organs including Heart, Lung, Liver. Kidney, Brain, Bone marrow, Nervous system, Skin, Pancrease and Intestines Only policy to cover 5 different major illnesses affecting the heart- First heart attack, Coronary artery disease, Coronary artery bypass surgery, Heart valve surgery, Surgery to aorta For the first time in India, Critical illness covers - Coronary artery disease , Aplastic anaemia, End-stage lung disease, End-stage liver failure , Fulminant hepatitis, Motor neurone disease, Terminal illness , Bacterial meningitis Single policy for entire family Flexibility to choose upfront lump sum compensation or payment of hospital bills Only policy to offer 9 different value added benefits - Hospital Cash Allowance, Home Nursing, Ambulance Charges, In-patient Physiotherapy Charges, Recovery Grant, Accompanying Person’s expenses, Parent Accommodation as Companion for Child, Out-patient Dental Emergency , treatment (accident), Out-patient Emergency treatment for accidents, Children Education Fund, mortal Remains