BHARTI AXA GENERAL INSURANCE TRAVEL INSURANCE LAUNCH
MENTION DE CONFIDENTIALITÉ
Our Parent Companies AXA GROUP
BHARTI GROUP
No. 1 International General Insurance Company in Operations in 21 countries, interests in Asia and No. 1 Global Insurance Brand for the 6th Telecom, Insurance, Retail, Fresh & year in a row(source Inter brand) processed Foods and Real Estate. World Leader in Insurance and Asset
Bharti Airtel, is the largest Integrated
Management, serving 103 million clients,
Telecom Company in India and the 4th
individuals and businesses in 59 countries with an
largest telecom company worldwide.
employee strength of 1,57,000
Entered the insurance business in 2006
Euro 92 billion revenues for 2014
through a JV with AXA
Euro 1,277 billion in assets under management as of December 31, 2014 General Insurance business represents 35% of
AXA Group’s revenues
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Bharti AXA GI Vision & Purpose
OUR VISION “TO BE THE PREFERRED GENERAL INSURANCE ORGANIZATION FOR OUR CUSTOMERS, EMPLOYEES, SHAREHOLDERS, BUSINESS PARTNERS & SOCIETY” OUR PURPOSE “Bharti AXA believes that insurance plays an important role in protecting organizations and individual aspirations. Through our comprehensive and innovative insurance solutions, we seek to redefine industry standards by offering unparalleled and empathetic service to every Indian.”
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Bharti AXA GI : Journey at a glance
69
Branches
57
Products
1660+
Employees
1st Multiline GI company to reach GWP 1000 Crores in less than 4 years. 4.2% market share among multi-line private general insurance companies
5.4 Mn+ Policies sold
24x7 Call Center
Milestones
4500+ Hospitals
0.9 Mn+ Claims Paid
2300+ Garages
Products distributed through dedicated agents and brokers
Ease of purchase and customer service through our website www.bharti-axagi.co.in
TRAVEL INSURANCE Is it needed? What can go wrong..
MENTION DE CONFIDENTIALITÉ
What can go wrong on an international Trip?
Cancelled/Delayed / Overbooked Flight
Personal Liability
Missed Connecting transport
Medical Emergency
Loss of Checked in Baggage / personal belongings
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Personal Emergency back home
Hijack Distress
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Personal Accident
Medical Emergency Medical expenses in developed nations can be massive Inability to arrange timely funds can even result in permanent damage Some Remote locations may have no medical facilities at all, and evacuation in case of a dire medical situation can be quite challenging
A single day of hospitalization in the US costs about INR 2.75 Lakhs. A root canal in Singapore costs around INR 70,000
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MENTION DE CONFIDENTIALITÉ
Lost & Damaged Baggage Loss of Checked in Baggage is a common problem in Airlines
Theft of belongings is yet another major issue; France, Italy and Greece are notorious for theft of personal belongings of tourists
As per the U.S. Department of Transportation Air Travel Consumer Report for 2014, USA has 1.6 million cases of lost baggage in first 9 months of 2014 alone
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MENTION DE CONFIDENTIALITÉ
Flight Issues Delayed flight is another common issue faced by travellers Delayed or cancelled flights result in missing connecting transport A “No – show” in most cases means full payment for the hired facility (cab, hotel room, sight seeing tour) despite not using it A missed or cancelled flight can therefore result in botching up the entire trip
Globally there are over 20,000 flights delayed every single day, while over 2000 are cancelled as per Global Flight Stats
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MENTION DE CONFIDENTIALITÉ
Personal Emergency A personal emergency (ex unfortunate demise of an immediate family member) back home may require immediate termination of a trip Last minute flight and transport can be extremely expensive
Booking a ticket last minute costs three times the price of booking one 3 months in advance
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MENTION DE CONFIDENTIALITÉ
Personal Liability Personal liability typically implies compensation to be legally paid to any individual/ establishment for any inadvertent damage you cause to property etc Examples include inadvertent damage to a facility of stay ( like damaging an expensive Vase/Carpet/ crockery )
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MENTION DE CONFIDENTIALITÉ
TRAVEL INSURANCE NEEDS WHILST STUDYING ABROAD
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What can go wrong while studying abroad? Over and above issues of travel, studies abroad have additional concerns pertaining to sponsor protection, study interruption among others
Sponsor Protection
Study interruption Compassionate visit
Medical Emergency Personal Liability
Loss of Checked in Baggage personal belongings 13 | Titre de la prĂŠsentation I 30 Septembre 2014
Bail Bond
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Study Interruption Nearly all colleges in USA, Europe and Australia collect tuition fees in advance In case a student on account of illness is unable to complete the course he/she has to forfeit the fees for the duration he/she could not attend classes What’s more is that in all likelihood he/she will have to pay the fees once again when he/she attends the classes
Insurance can help in covering fees for a duration the student is unable to attend a given course
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MENTION DE CONFIDENTIALITÉ
Sponsor Protection A Sponsor is an individual who takes the financial liability of a student In case a student has chosen to come using the sponsor route, if his/her sponsorship is terminated on account of death of sponsor, he or she may have to discontinue studies
Insurance can provide Sponsorship protection by offering the necessary financial liability required
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MENTION DE CONFIDENTIALITÉ
SO HOW CAN BHARTI AXA HELP? Extensive Coverage Easy online purchase
Bharti AXA GI advantage
Catering to different travel needs
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Global assistance through AXA
Affordable
Bharti AXA General Insurance caters to multiple travel needs
Single
Individual Family floater
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Regions for visit
Multiple-trip
& Canada World Wide (w/o USA, Canada) including Japan
Nature of travel
Group Size
Frequency of travel
Our Travel Insurance caters to frequency of travel, regions visited, group size & nature of travel World wide including USA
MENTION DE CONFIDENTIALITÉ
Asia excluding Japan Schengen ( Enlistment underway)
Business
Leisure
Studies
Extensive Coverage from Bharti AXA General Insurance Our Travel Insurance covers almost every travel related contingency. Medical Expenses
Compassionate Visit
Travel Insurance Cover
Passport Loss Bail Bond Flight Delay /Missed connection Hijack distress Loss of Checked in Baggage Trip delay/cancellation Financial Emergency
Additional Student Travel benefits
Personal Accident
Personal Liability 18 | Titre de la prĂŠsentation I 30 Septembre 2014
MENTION DE CONFIDENTIALITÉ
Sponsor Protection
Study Interruption Medical treatment for nervous & mental disorders including alcohol and drug dependency
Bharti AXA GI Individual and Family Offering is affordable
A week’s trip to Europe with a 100,000 Euro cover for a person aged 40 years or less costs just INR 606
A 2 week trip to USA with a 500,000 dollar cover for a person aged 40 years or less, costs just INR 1690
Not only is our travel insurance reliable but also very affordable. In most cases, it is less than 1% of the entire trip cost
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MENTION DE CONFIDENTIALITÉ
Simple & Easy Online Purchase
Now purchase your policy online in a matter of minutes.
Get Quote Input traveller details Make Payment
You can also buy it on the day of your departure on www.bharti-axagi.co.in
Print Policy
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MENTION DE CONFIDENTIALITÉ
Key Differentiator :AXA’s Global network for end to end assistance
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One Single Company to assist our customers end to end from purchase to claims
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Robust international network, leveraging the strength
of AXA, the Global No.1 Insurance Brand •
Toll free phone number for Claims assistance from
any part of the Globe
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A ROBUST INTERNATIONAL NETWORK WITH AXA ASSISTANCE
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AXA Assistance:
The global emergency response specialist we have strong experiences in travel, medical and also road side, automotive, home, concierge assistance Present in 200 countries – 38 alarm centers, one of them in India ~ 10 million cases handled in 2014 – each unique in its own way, managed by ~ 7000 medical employees > 70,000 high quality provider network – 30,000 of which are hospitals, doctors, nursing / paramedics, escort doctors, ambulatory services, cash carrying agencies,
air ambulance and charter plane services etc..
Majority of our operations are ISO 9000 certified or use the the Six Sigma approach (Globally).
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Our Alarm Centers
North America
Europe
Canada United States
Central and South America Argentina Brazil Chile Columbia Mexico Panama
Austria Belgium France Germany Greece Ireland Italy Portugal
Czech Republic Poland Russia Spain Switzerland Turkey UK
Africa
Asia- Pacific
Algeria Morocco Mauritius
China Hong Kong India Japan Singapore Taiwan Thailand
Service
7000+ employees
10
provided in
>40,000
million cases handled
200
medical suppliers
countries
Capable of providing assistance - practically anywhere in the world 24 | Titre de la prĂŠsentation I 30 Septembre 2014
AXA Assistance Experience in Emergency Assistance / Evacuations / Repatriations Experience in Negotiations Strong global presence and relationships - 24/7 real time assistance anywhere
Global relationships with aviation authorities - can obtain permissions in hours and even on holidays
Global network of cashless medical facilities Medical evacuation in remote or hostile regions, Experience for emergency callouts Hassle Free Claims process – 7000+ international & highly trained assistance staff Ability to service in 33 languages globally – India Alarm Centre is an added value for India customers
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Negotiation powers with medical providers – help save costs for insurance companies – leading to savings for end customers
IN A NUTSHELL..
MENTION DE CONFIDENTIALITÉ
Bharti AXA SmartTraveller
Comprehensive Coverage for better protection
Affordability & Value for Money
Simple, easy & quick to purchase
Robust International Network for end to end claims assistance globally
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THANK YOU! Questions Please
MENTION DE CONFIDENTIALITÉ