GROUP HEALTH INSURANCE

Optimum Health Coverage For Your Employees.
Optimum Health Coverage For Your Employees.

Group Health Policy covers the following :

  • Covers all in-patient hospitalisation expenses where hospital stay exceeds 24 hours.
  • Pre-hospitalisation expenses (30 days prior to hospitalisation) and Post-hospitalisation expenses (60 days after discharge).
  • Cashless facility - Treatment can be taken at any of agreed TPA's network hospitals with pre-authorization, without having to pay for the hospital bills.

This policy is underwritten by Royal Sundaram General Insurance Company Limited.

Group Health Insurance

Group Health Insurance

Covers all in-patient hospitalisation expenses where hospital stay exceeds 24 hours.

Pre-hospitalisation expenses (30 days prior to hospitalisation) and Post-hospitalisation expenses (60 days after discharge).

Cashless facility - Treatment can be taken at any of agreed TPA's network hospitals with pre-authorization, without having to pay for the hospital bills.

Benefits
  • Covers you every time, your hospitalisation period exceeds 24-hours subject to the sum insured limit opted.
  • Treatment can be taken at any of agreed TPA's network hospitals with pre-authorization, enabling the employee to undergo treatment and walk out without paying bills.
  • Reimbursement option is also available in case of Non-network hospitals.

Pre-Hospitalisation expenses (30 days prior to hospitalisation) and Post-Hospitalisation expenses (60 days after discharge) are covered under this plan.

This benefit can be offered to your employee at an extra premium.

Pre Existing Diseases can be covered under this plan by paying an extra premium.

Eligibility Criteria

Any Corporate institution / Organization having more than 25 members are eligible to enroll under Group Health Insurance Plan.

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Disclaimers:

Axis Bank Limited ("Axis Bank") is registered with Insurance Regulatory & Development Authority of India ("IRDAI") as a Corporate Agent (Composite), IRDAI Registration No. CA0069 (valid till 31st March 2025) for distribution of Insurance Products. Axis Bank currently has a corporate agency agreement with (A) Max Life Insurance Co. Ltd, Life Insurance Corporation of India (LIC), Tata AIA Life Insurance Co. Ltd.  and Bajaj Allianz Life Insurance Co. Ltd. for distribution of life insurance products; (B) Tata AIG General Insurance Co. Ltd, New India Assurance Co.  Ltd, Bajaj Allianz General Insurance Co. Ltd, Royal Sundaram General Insurance Co. Ltd and ICICI Lombard General Insurance Co. Ltd for distribution of general insurance products. For distribution of health insurance products, Axis Bank has a corporate agency agreement with Aditya Birla Health Insurance Co. Ltd, HDFC ERGO General Insurance Co. Ltd and Niva Bupa Health Insurance Co. Ltd.

You can avail insurance from any of these insurers through Axis Bank as per your requirement and discretion. Please note that insurance is underwritten by the respective Insurance Companies and Axis Bank does not underwrite the risk or act as an insurer. The contract of insurance is between the Insurance Company and the insured only, and not between Axis Bank and the insured. Axis Bank is only acting as a distributor of the insurance products offered to by the insurance companies.

Axis Bank is not responsible or liable for performance of any obligations under the contract of insurance. Insurance is sold as a stand-alone product and not linked to any of the Banking products. Participation in Insurance is purely on a voluntary basis. Purchase of Insurance is not a pre-condition of availing any of the banking products/services. 

The product information given on the website is indicative in nature. Nothing contained herein is to be construed as advice, recommendation, offer for a policy or any other assistance. Axis Bank does not guarantee that this website reflects latest amendments/ information at all times or at any time. For IRDAI grievances: igms.irda.gov.in. For more details on risk factors, product details, terms and conditions and exclusions please read the relevant product brochure carefully before conclusion of sale.

Address: Axis Bank Limited, Corporate Office, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400 025.  Tel: 18604195555. Email: email.services@axisbank.com

Beware of Spurious Phone calls and Fictitious/Fraudulent offers: IRDA of India clarifies to public that:

  • 1. IRDA of India or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premium.
  • 2. IRDA of India does not announce any bonus, Public receiving such phone calls are requested to lodge a police complaint.

SECTION 41 OF THE INSURANCE ACT 1938 PROHIBITION OF REBATES
  1. No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue an Insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy nor shall any person taking out or renewing or continuing a Policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectus or tables of the Insurer.
  2. Any person making default in complying with the provisions of this section shall be liable for penalty which may extend to ten lakh rupees.