The daily hospital cash benefit offers a fixed amount for each day that you are hospitalized. The amount paid is fixed at the time of taking the policy and would remain fixed. This benefit cover can be taken as a rider to your regular health insurance policy or also as a standalone cover.
Benefits :
- To Cover Ancillary Costs
- To Provide for Loss of Income
- Acts as a Blanket Cover for Extra Hospital Bills
- Preserves your No Claim Bonus (NCB)
- To Avail of Tax Benefits
Tenure of daily cash benefits
On an average, a daily hospital cash policy benefit is available for 15 days to 45 days. However, the actual number of days can vary from one health insurance provider to the other and the same needs to be at the time of policy purchase.
In case you get hospitalized for 10 days then also you are eligible to receive hospital cash benefit for 30 days during the policy term.