AXA Philippinesis announced it was extending deadlines for payments due within the enhanced community quarantine and expanding insurance coverage related to the novel coronavirus (COVID-19).
“This is our way of helping our customers cope with the current situation. While on quarantine, we want them to stay in their homes, be healthy, and stay safe as much as possible,” says Rahul Hora, AXA Philippines president and chief executive officer.
AXA is extending its payment grace period from 31 days to 60 days for policies due from February 15 to April 30, 2020 for all health and life insurance policies (individual and group).
In addition, AXA Global Health Access policies will cover treatments and hospitalizations related to COVID-19 until June 30, 2020 (subject to the customer’s plan coverage).
Compulsory quarantine-related medical expenses will be covered.