Bharti Axa-Smart Health Essential Insurance Policy
Buying Bharti AXA Health Insurance can be a wise decision, in terms of benefits you get under these plans. Smart Health Essential Insurance Policy is one of health care plan from Bharti AXA. This plan provides financial support to you and/or your dependent family members against all hospitalization expenses.
The plan provides a daily hospital cash allowance during the hospitalization period. This benefit is available in three options- Plan A-Rs.1000/- for 60 days after the first 3 days, Plan B-Rs.2000/- for 90 days after the first 3 days and Plan 3-Rs.3000/- for 120 days after the first 3 days on per day basis. In case, the insured is admitted in ICU, the daily hospital cash allowance is automatically gets doubled, but this is applicable for five days after the first 3 days, only for Plan B and Plan C.
This benefit is applicable irrespective of the number of times you or your family hospitalized during the policy period, subject to the sum insured available. The pre and post hospitalization expenses, pre-existing conditions are not covered under this plan.
A resident Indian, in the age group of 3 months to 65 years can be covered under this plan. The renewal age is up to 75 years. The policy cover can spread up to four family members. It means you, spouse and two dependent children with age of 90 days to 23 years. There is no medical examination is required up to the age of 55 years. This policy is offered to group of individual, association of persons, other groups and employers to cover their employees.
The policy offers renewal discount of 5% on premium for every claim year, subject to maximum of 25%. Tax benefit is also offered under section 80D of the Income Tax Act,961.