Bharati AXA General Insurance
Bharati AXA is a premium general insurance company in India in the private sector. The company has been operating in India since August, 2008. It is a joint venture between Bharati Enterprises and AXA Group, operating in India. About 51% of the company shares belong to Bharati Enterprises and the other 49% to AXA Group. The headquarters of the company are located in Bangalore, while 87 of its branch offices are spread all across the nation.
Bharati AXA health insurance is one of the many significant general insurance products in the domestic category. The Bharati AXA health insurance plans help the customers with financial assistance to meet their hospital bills and medical expenses. Furthermore, the availability of the Bharati AXA health insurance online has made it easier for people to learn more about the plans and to purchase them. What’s best is that people can easily compare Bharati AXA health insurance plans and choose the one that best suits their needs.
Benefits
- Easy Claim Settlements-The Company offers 24X7 claim assistance, and has a 98.27% claim settlement ratio. The incurred claim ratio of the company, for the year 2015-16 is 85.41%, which is actually a comparison of the amount of money paid as claims and the amount of money received as premiums for the given time period.
- Cashless treatment facility-Bharati AXA has a pan India cashless network of hospitals. Therefore, you can seek treatment with the nearest hospital in the network and let the company manage the bill.
- Flexible plans-Customers have the flexibility to choose plans with the total sum insured ranging from ₹ 2 lakh to ₹ 5 lakh.
- Tax savings-The health insurance from Bharati AXA allows you to save a maximum of ₹ 55,000 on taxes, under section 80 D of the Income Tax Act.
Plans Offered by Bharati AXA General Insurance
Offered at a fair and low premium, Bharati AXA health insurance policies help both individuals and families avail proper health care and medical attention during times of need. The health insurance plans provide coverage against several major to minor ailments. The company has a vast network of cashless hospitals and a quick cash settlement facility to assist its customers. Coverage against domiciliary treatments, daycare treatments, hospitalization, accidental deaths, and permanent total disability are some of the many benefits of buying a health insurance by Bharati AXA.
Bharati AXA Smart Health Insurance Policy
Bharati AXA Smart Personal Accident Insurance Plan
Bharati AXA Smart Critical Illness Insurance Plan
Frequently Asked Questions
What does settlement ratio stand for?
Settlement ratio refers to the number of claims settled by the company to the total number of claims that were made.
Can the sum insured be changed?
Yes the insured amount can be changed, but only during renewals.
Is there any ideal age to get a health insurance cover?
No, there is no specific age for buying a health insurance policy. Since it is a protection against ailments and accidents, the sooner you get it, the better.
Shopping for health insurance just got a whole lot easier.
Review of Bharati AXA General Insurance
Bharati AXA has become a household name in the Indian financial quarters. The company has received several accolades since the time of its initiation, for its excellent services in the general insurance sector. It is the first general insurance company to receive dual ISO certifications, namely ISO 9001:2008 and ISO 27001:2005.