Bharti AXA Personal Accident Plan 2024 Benefits, Features, Buy & Renew

Bharti AXA Personal Accident Plan 2024: Were you aware that Bharti AXA stands as one of India’s premier insurance providers? Their array of personal accident plans covers an extensive spectrum of risks and expenses. In this article, we will delve into their 2024 personal accident plan, which delivers comprehensive coverage for accidents transpiring both within your home and during your travels. Additionally, we will outline the advantages associated with this plan and how it can provide support to you and your family during challenging times following an accident. Ready to gather more insights? Let’s delve into the details!

The organization’s vision is to become the preferred choice among general insurance companies for clients, employees, shareholders, partners, and the community. Bharati AXA’s extensive and innovative insurance offerings are tailored to cater not only to individual needs but also to the requirements of organizations. Their diverse product range spans from fundamental coverage plans like health insurance, travel insurance, and home insurance, to business and corporate solutions, SME plans, motor insurance, motorcycle plans, and beyond. In this context, we will focus on the Home Protection Plans offered by this company.

Bharti AXA Personal Accident Plan 2024

In the event that you’ve encountered an accident caused by someone else, being aware of Bharti AXA’s Personal Accident Plan is crucial. This policy extends financial support when accidents occur, facilitating swift repairs and necessary treatment to expedite your recovery. Discover more about the policy’s features and advantages in the subsequent article.

Individual Accident Plans play a pivotal role in an individual’s insurance portfolio. Primarily, they offer substantial financial assistance to policyholders in the case of disabilities stemming from accidents, including permanent total disability, temporary total disability, and even unfortunate demise. Moreover, the extent or severity of injuries doesn’t hinder coverage; even minor injuries are typically accommodated by the policy. Bharati AXA’s Individual Accident Insurance Plans, referred to as the Smart Individual Plan, present comprehensive schemes acting as a safety net against accident-related risks.

Bharti AXA Personal Accident Plan Details 2024

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Coverages under the Smart Individual Plan 2024

Are you grappling with substantial healthcare expenses? Are you curious about the coverage options provided by the Smart Individual Plan? Launched by the government of Ontario, the Smart Individual Plan introduces a novel healthcare scheme that offers comprehensive and cost-effective coverage. Further details can be obtained, and you can also register for a complimentary consultation through this platform.

Outlined below are the inclusions within the Smart Individual Plan:

  1. Accidental Death Plan, encompassing transportation of remains, funeral expenses, and educational grants for children.
  2. Permanent Total Disablement Plan.
  3. Permanent Partial Disablement Plan.
  4. Temporary Total Disablement Plan.
  5. Hospital Daily Cash Allowance Plan.
  6. Accidental Medical Expenses Plan.
  7. Double Benefit for death or Permanent Total Disablement while traveling as a passenger on public transport.
  8. Legal Expenses Coverage.
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Lets look at the scope of the above coverages

In the event that the insured individual sustains bodily injury that can be directly attributed solely to an accident caused by external, violent, and visible means, the insurance company will provide compensation not only to the insured individual but also to any designated nominees or legal representatives they might have.

If the injury takes place within a span of 12 calendar months and is solely linked to the insured person’s death, the designated sum insured as per the schedule will apply. In the event that, within a 12-month timeframe, the injury is the exclusive, direct cause of the complete and irrevocable loss of any of the following:

  • Both eyesight or the actual physical separation between two complete hands, two complete feet, or one complete hand and one complete foot, or the loss of eyesight in one eye and the loss of a whole hand or whole foot as specified in the schedule.
  • The use of two hands, two feet, or one hand and one foot, or the loss of eyesight in one eye, or the loss of the use of one hand and one foot, as detailed in the schedule. In case the injury occurs within a 12-month period and is the sole, direct cause of the complete, irrevocable loss of any of the following:
  • 50% of the Capital Sum Insured, as specified in the schedule, in the event of the loss of eyesight in one eye or the physical separation of one complete hand, one complete foot, or both. A lump sum payment will be disbursed in alignment with the schedule if the injury results in the insured person’s immediate, permanent, complete, or total inability to work at all.

Value Added Benefits under the Bharti AXA Personal Accident Plan 2024

Are concerns about the expenses tied to medical treatment weighing on your mind? Are you interested in exploring your array of options? You’re in the right spot! In this article, we will delve into the diverse value-added advantages accessible through the Bharti AXA Personal Accident Plan. From dental care to home nursing, we’ve got the entire spectrum covered. Whether you’re seeking comprehensive coverage or specific essential services, we’ve got your back. Let’s embark on this journey!

This plan extends the following value-added benefits:

  1. Hospital Daily Cash Allowance: Following treatment for bodily injury stemming from accidental, external, violent, or visible causes, this benefit contributes a daily payment to the insured individual for the duration of their hospital stay.
  2. Post-Accident Medical Expenses: In line with this plan, actual medical costs are encompassed within the coverage.
  3. Double Protection in Case of Death or Total Permanent Disability: In the unfortunate event of death or complete and permanent disability, a distinct plan offers a payout of 200% of the insured sum.

Various Plans under Smart Individual Personal Accident Plan 2024

Are you aware of the range of options present within the Smart Individual Personal Accident Plan? Whether you’re seeking comprehensive coverage or simply looking to add a couple of riders, there’s a plan tailored to your needs. In this article, we will explore five of the most sought-after plans, detailing the unique offerings of each. Additionally, we’ll provide concise overviews to assist you in selecting the plan that aligns best with your requirements. Excited to begin? Let’s dive right in!

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The Smart Individual Personal Accident Plan offers a thoughtfully curated selection of 7 plans:

  1. Smart IPA Basic.
  2. Smart IPA Regular.
  3. Smart IPA Standard (without medical expenses cover).
  4. Smart IPA Standard (with medical expenses cover).
  5. Smart IPA Silver (applicable for a minimum monthly income of Rs 20,000 and for Occupation Groups I & II).
  6. Smart IPA Gold (applicable for a minimum monthly income of Rs 40,000 and for Occupation Groups I & II).
  7. Smart IPA Superior.

IPA  SmaStandard Plan (without medical expenses cover)

  • The Accidental Death Benefit is Rs. 500000
  • The cost of total permanent disability is Rs 750000.
  • The percentage of indemnity specified in the policy is Permanent Partial Disability.
  • Total temporary disability: 1% of the insured sum per week, up to a maximum of Rs. 5,000, for 104 weeks.
  • Daily Cash for the Hospital: After the first two days, Rs 200 for each day spent in the hospital, up to a maximum of 50 days.
  • Transport of Dead People’s Remains: 1% of the insured sum.
  • Funeral costs are not covered.
  • Medical bills for accidents—no coverage.
  • Grant for Education:  Up to two dependent children under the age of 23 are eligible for this benefit, which offers an education grant of Rs 10,000 per child.
  • Legal fees total 5000 rupees.

Smart IPA Standard Plan (with medical expenses cover)

  • The Accidental Death Benefit is Rs. 500000
  • The cost of total permanent disability is Rs 750000.
  • The percentage of indemnity specified in the policy is Permanent Partial Disability.
  • Double Indemnity in the event of death or total and permanent disability—this benefit is not covered by this plan.
  • Total temporary disability: 1% of the insured sum per week, up to a maximum of Rs. 5,000, for 104 weeks.
  • Daily Cash for the Hospital: After the first two days, Rs 200 for each day spent in the hospital, up to a maximum of 50 days.
  • Transport of Dead People’s Remains: 1% of the insured sum.
  • The funeral cost Rs 2000.
  • 20 percent of the insured sum for accidental medical expenses.
  • Grant for Education:  Up to two dependent children under the age of 23 are eligible for this benefit, which offers an education grant of Rs 10,000 per child.
  • Legal fees total 5000 rupees.

Smart IPA Silver Plan

  • The Accidental Death Benefit is Rs.1000000
    The cost of permanent total disability, or PTD, is Rs.1500000
    The percentage of indemnity specified in the policy is Permanent Partial Disability.
    Double Indemnity in the event of death or permanent total disability: Rs. 2,000,000 for death and Rs. 300,000 for PTD.
    Temporary Total Disability: For 104 weeks, 1% of the Sum Insured per week, up to a maximum of Rs. 10,000, payable.
    Daily Cash for the Hospital: After the first two days, Rs 500 for each day spent in the hospital, up to a maximum of 50 days.
    Transport of Dead People’s Remains: 1% of the insured sum.
    The funeral cost Rs 3500.
    20 percent of the insured sum for accidental medical expenses.
    Grant for Education:  Up to two dependent children under the age of 23 are eligible for this benefit, which offers an education grant of Rs 10,000 per child.
    Legal fees total 5000 rupees.
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Smart IPA Gold Plan

  • The Accidental Death Benefit is Rs. 20000000
    The cost of permanent total disability, or PTD, is 3000000 rupees.
    The percentage of indemnity specified in the policy is Permanent Partial Disability.
    Double Indemnity in the event of death or permanent total disability: Rs. 4000000 in the case of death and Rs. 6000000 in the case of PTD.
    Temporary Total Disability: For 104 weeks, 1% of the Sum Insured per week, up to a maximum of Rs. 10,000, payable.
    Daily Cash for the Hospital: After the first two days, Rs. 1,000 for each day spent in the hospital, up to a maximum of 50 days.
    Transport of Dead People’s Remains: 1% of the insured sum.
    Cost of the funeral: Rs 5,000.
    20 percent of the insured sum for accidental medical expenses.
    Grant for Education:  Up to two dependent children under the age of 23 are eligible for this benefit, which offers an education grant of Rs 10,000 per child.
    Legal fees total 5000 rupees.

Eligibility of the plan

Individuals between 18 years to 70 years of age can apply for the Smart Individual  Personal Accident Plan .

Exclusions under the Bharti AXA Personal Accident Plan 2024

If you have been injured in an accident, you may be wondering what rights you have under the Bharti AXA Personal Accident Plan. In this article, we will explore the various exclusions under the plan and help you to understand your rights. We will also provide a guide on how to make a claim under the plan. So if you have been injured in an accident, don’t hesitate to reach out for help!

  • for illness or bodily injury that the insured person intentionally aggravates.
  • for bodily harm or illness brought on by self-inflicted harm, intentional and deliberate exposure to danger, suicide or attempted suicide, or non-adherence to medical advice.
  • If the insured gets hurt or gets sick because they drank, used drugs, or drank, unless the doctor tells them not to.
  • Compensation for the insured person’s death, disability, injury, illness, or hospitalization as a result of ionizing radiation or contamination by radioactivity from any nuclear fuel or nuclear waste, whether directly or indirectly.
  • Materials for nuclear weapons
  • working in explosive magazines or underground mines, performing high-tension electrical installations, working as jockeys or circus personnel, or participating in activities like horseback racing, big game hunting, or racing on wheels
  • If the insured person participates in a competition that involves the use of a motorized land, water, or vehicle and is injured as a result.
  • for bodily injury sustained while the insured travels by air as a non-fare-paying passenger.
  •  for injuries to the body that result from participating in a crime or breaking the law with a criminal intent.
  • AIDS and HIV

Claims Bharti AXA Personal Accident Plan

  • One can call at the 24×7 toll free number to register a claim at the earliest.
  • Name of the Insured person
  • Nature of loss.
  • Date, time and location of loss.
  • Policy Number.
  • Contact Details.
  • One can also email at claims@bharti-axagi.co.in
  • The basic documents under the plan  are as follows:
  • Claim form.
  • Death/ Disability Certificate.
  • Admission or Discharge Summary.
  • Within ten days of receiving the documents and investigation reports, the business will update the policyholder on the status of the claim.

Documents needed for Personal Accident Death Claims

  • Claim form.
  • Policy Copy.
  • Attested/Original FIR
  • Attested/Original Post Mortem Report
  • Death Certificate from Municipal Authorities.