Features of Hospital Cash Insurance
- The policy pays a daily allowance as a fixed benefit on hospitalisation
- The Policy can be taken along with any other health insurance policies
- The allowance is doubled in case of ICU admission (for maximum 7 days)
- Photocopy of discharge card, along with copies of reports, bills and prescriptions required for claims processing.
- The policy can be taken along with any other health insurance policies
- It is a unique policy covering incidentals or miscellaneous expenses incase of hospitalisation.
Benefits of Hospital Cash Insurance
- Covers miscellaneous expenses incurred during hospitalization
- Comprehensive coverage with nominal premium.
- Premium amount upto Rs.15000/- p.a. is eligible for tax exemption under section 80-D of Income Tax Act as per existing IT law.
- Dependent spouse and children can be also covered under this policy.
- 5% family discount is applicable if cover taken for family
- SI available from 500-2500.
- Policy can be renewed up to 70 years*
- Cover available for 30days & 60 days.