New Delhi: Airtel Payments Bank has partnered with Bharti AXA General Insurance to offer simple and focused health insurance plans for providing financial protection against COVID-19, an infectious diseases caused by a new virus.
Under the partnership, they have rolled out two different health insurance plans - Bharti AXA Group Health Assure which offers lump sum benefit of Rs 25,000 and Group Hospital Cash which provides daily benefit starting Rs 500 per day – to cover protection against COVID-19.
Sanjeev Srinivasan, MD and CEO, Bharti AXA General Insurance, said, “We are happy to join hands with Airtel Payments Bank with our two need-based health insurance plans and leverage the power of digital to maximize the penetration of health insurance in India. We believe that ensuring a safety net against the financial repercussions of COVID-19 or any disease is just as important as exercising precautions against it. As an organization, we have always been responsive to every need of the hour and it is among our foremost endeavors to support our customers in such times of distress. This alliance further strengthens our commitment as a responsible protection partner.”
“We are delighted to offer insurance products designed to provide financial protection during the current outbreak of COVID-19. We wanted to ensure health protection for our customers in the challenging times and, therefore, partnered with Bharti AXA General Insurance to offer health products which are easily available,’’ said Mr. Anubrata Biswas, MD and CEO, Airtel Payments Bank.
With no pre-medical check-up required, according to their statement, both Bharti AXA Group Health Assure and Group Hospital Cash are currently available for Savings bank account customers of Airtel Payments Bank who are not suffering from COVID-19 or its symptoms.