Covid-19 is creating panic across the world. Due to corona virus, all business, offices, schools and colleges are shut down in the last two weeks. The majority of the countries are under lockdown or planning for lockdown for the next few weeks. In this situation, you might get a doubt about what happens if we are diagnosed with Covid-19 as positive. Airtel Payment bank in collaboration with Bharati Axa General Insurance has launched two health insurance plans which would cover Covd-19 / Corona virus. In this article we would provide Covid-19 health insurance plans launched by Airtel Payments Bank, their features and any hidden factors.
Also Read: Best Health Insurance Plans for Elderly Parents or Senior Citizens
Two health insurance plans launched by Airtel Payments bank
Airtel Payments Bank in collaboration with Bharti Axa General Life insurance has launched two health insurance plans:
a) Bharati Axa Group Health Assure
b) Bharti Axa Group Hospital Cash
Features of Covid-19 Bharti Axa Group Health Assure
Here are the key features.
1) This is fixed assurance cover where if you are diagnosed with covid-19 positive or if you gets quarantined at a government hospital / military establishment, you would get fixed 100% as a lump-sum.
2) The min health insurance premium would be Rs 499 including GST.
3) The min sum assured would be Rs 25,000.
4) The tenure of the health insurance plan is 1 year.
5) No Pre-medical check-ups required.
6) Airtel Payments Bank customers can only apply for this health insurance plan.
7) One should not be suffering from covid-19 symptoms to take this policy.
Features of Covid-19 Bharti Axa Group Hospital Cash Policy
Here are the key features.
1) Insured individuals would get health insurance benefits if they are diagnosed with covid-19 as positive or if they get quarantined at government hospital / military establishment.
2) Health insurance company would provide per day fixed allowance on hospitalization with enhanced ICU cash.
3) One would per day fixed benefit of Rs 500 or Rs 1,000 depending on the plan chosen for each day of hospitalization for maximum of 10 days.
4) No Pre-medical check-ups required.
5) Airtel Payments Bank customers can only apply for this health insurance plan.
6) One should not be suffering from covid-19 symptoms to take this policy.
What happens if one is quarantined at Government hospital / military facility / establishment but diagnosed as negative?
If an individual is quarantined for at least 14 days at government hospital or military establishment and diagnosed negative, they are entitled to 50% of the sum-assured.
Also Read: Best Term Insurance Plans in 2020
How to buy these covid-19 health insurance plans offered by Airtel Payments Bank?
One can apply on Airtel Thanks App (visiting banking section) or visit te nearest active point of sale (POS) of Airtel Payments Bank.
Should you opt for Covid 19 Health Insurance offered by Airtel Payments Bank?
Health insurance plans offered by Airtel Payments Bank / Bharti Axa Geneneral Insurance for covid-19 would help in this crisis situation. If you already have a health insurance plan, those are anyways covered for covid-19. If you don’t have a health insurance plan and you need to travel frequently, I would advise you to take a health insurance plan on first priority. Airtel Payments Bank could be optional one which is available only for its customers. You can opt even this plan as it comes as low as Rs 499 premium. But read the terms and conditions before you apply online.
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Suresh KP
Covid-19 – Health Insurance from Airtel Payments Bank at Rs 499
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