Accidents cannot be predicted. At times, even if your vehicle has the best of safety features, someone may get injured. This can be you or any other occupant in the car. This is where having a good Car Insurance Policy proves to be a blessing. The policy can take care of all medical expenses incurred on account of an accident. In addition to that, if you have Add-On Cover over your policy for Hospital Cash, the same will also be provided.
What is Hospital Cash Cover?
A basic Comprehensive Car Insurance Policy will take care of medical expenses such as doctor’s fees, lab tests, medication costs and hospital room rent. In addition to this, there are also some cash expenses such as transportation costs, companion expenses and more that you pay out of pocket. A Hospital Cash Cover takes care of these cash expenses. You can get this Add-On cover at a nominal cost over and above your Car Insurance Policy Premium.
Benefits of Bharti AXA Car Insurance Policy:
Bharti AXA has a countrywide network of partner hospitals and garages which will take care of you and your vehicle. They also have a dedicated 24X7 claim assistance cell to take care of all your insurance related queries and assist in speedy claim settlement. Add-On Covers for Car Insurance such as the Hospital Cash cover prove to be very important and cost saving in the long run. Here are some of the benefits of a Car Insurance Policy from Bharti AXA:
- Affordable Premiums: At premiums that are pocket-friendly, you can get this added benefit.
- Tax Benefits: The premiums being tax exempt, you can rest assured that the money is not only well spent but also serves as savings.
- Daily Hospitalization Cash Benefit: An amount of money is fixed as a regular benefit to be paid to the Policyholder. This comes in handy when you are unable to work on account of your physical injury.
- Lump-Sum Payout: This is included as part of Hospital Cash and is paid when the hospitalization is meant for surgeries. The stay in the Intensive Care Unit (ICU) is also covered under this.
Hospital Cash is paid for a period of up to 30 days of hospitalization. This amount is paid to the Policyholder in a lump-sum amount, after calculating a fixed daily amount. This Add-On Cover is therefore recommended by Car Insurance experts. For more information you can contact a Bharti AXA representative or call their dedicated 24X7 Customer Service Center.