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Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises and AXA, on Thursday forayed into the health insurance category, announcing the launch of triple benefit critical illness plan - ‘Bharti AXA Life Triple Health Insurance Plan’. AXA is one of the world’s largest insurance companies.
The plan offers cover of a maximum of three times the sum assured under the policy, the company said in a statement.
It covers 13 critical illnesses that have been classified into three groups. On diagnosis of one of the illnesses, the policyholder can claim 100 per cent of the sum assured under the policy, and is still covered for illnesses under the remaining two groups.
Furthermore, on diagnosis, future premiums, payable by the policyholder, are waived, the statement added.
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