Bharti AXA Life Hospi Cash Benefit Rider Plan

Bharti AXA Life Hospi Cash Benefit Rider Policy provides the insurer with benefit of fixed amount for each day of hospitalisation. This benefit is provided irrespective of medical cost. It provides the insurer with the additional benefits of extra protection and takes care of expenses which are not covered under other health insurance policies.

Key Benefits

Basically 3 benefits are provided under this policy

  • Daily Hospital Cash Benefit (DHCB)
  • Intensive Care Unit Benefit (ICU)
  • Surgical Hospitalization Benefit (SCB)

Along with these benefits tax benefit is also there with this policy under section 80D.

Premium Review and Guarantee

The premiums are guaranteed to remain same for 3 years, after that they may get changed on the basis of the attained age of the insured person. For more information, please check the policy wordings.

  • Grace Period: A time span of 30 days is given to deposit the premium amount.
  • Free Look Period: If you are not satisfied with the coverage, and terms and conditions of the policy, you have the option of cancelling the policy within 15 days of receipt of the policy documents, provided there has been no claim.

Exclusions

  • No benefit will be provided up to a period of 60 days from the start of the policy.
  • Pre- Existing disease, related conditions & complications will not be the part of the policy terms.
  • Attempted suicide will not be covered under this policy.
  • Sexually transmitted conditions, mental or nervous disorder, Acquired Immune Deficiency Syndrome (AIDS), Human Immune deficiency Virus (HIV) infection.
  • Being under the influence of drugs, alcohol, or other intoxicants or hallucinogens unless properly prescribed by a Medical Practitioner and taken as prescribed.

Documents Required

To buy the policy, an individual needs to fill up an ‘Application form/ proposal form’ citing medical history along with the address proof. Medical examination may be required in some cases, based on the sum assured and the age of the person.

Written By: PolicyBazaar - Updated: 12 November 2020
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 0 Reviews)

Latest Health Insurance Articles

Handy Tips on How to Lodge a Health Insurance Complaint!

Handy Tips on How to Lodge a Health Insurance Complaint!

Whenever there is any occurrence of any unexpected health hazard, a health insurance plan has turned out to be a genuine privilege mostly. The prime intent behind buying a comprehensive health insurance policy is that it will take care of the medic...
9 Pillars of Health Insurance You Must Consider!

9 Pillars of Health Insurance You Must Consider!

We live in a world that is full of uncertainties. One of the uncertainties are medical emergencies which can hit you anytime in your life. The daily increase in the cost of healthcare in our country can hit a big dent in your finances. Therefore, i...
New Rule: After 8 Years of Premium Payment Health Insurance Claim Becomes Non-Contestable

New Rule: After 8 Years of Premium Payment Health Insurance Claim Becomes Non-Contestable

Health insurance policies have benefitted countless individuals and families to a great extent and have also secured and safeguarded futures of millions and millions of people. But everything comes with an expiry date! Harsh as it may sound, it is...
5 New-age Features of Health Insurance in India

5 New-age Features of Health Insurance in India

When it comes to suggesting something new to your relatives or any of your friends for that matter, you do each and everything possible to make it sound alluring. The case is no different when it comes to suggesting the best insurance scheme to you...
Concept of Room Rent Limit in Health Insurance & Why you Should Stick to It?

Concept of Room Rent Limit in Health Insurance & Why you Should Stick to It?

Health Insurance in a larger perspective has a lot to talk about; however, there are certain aspects that need a lot of clarification. One of these aspects is room rent. Based on the recently published data of the insurance industry, the number of ...
 
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL