Wondering why the hospital daily cash benefit is so important in health insurance? READ THIS!


Health insurance companies keep adding various benefits to their insurance plans. By developing their products, they are able to attract customers and boost sales. This works out well on both ends, as policyholders are then able to enjoy the great features of their insurance plans.

One such benefit that insurers include in their health insurance plans is the hospital daily cash. This is a benefit that has many advantages, which is why policyholders should make sure to look for this benefit when they search for health insurance policies online. Let us understand more about this policy in detail:

What is the hospital daily cash benefit?

The hospital daily cash is a benefit that offers a set amount for every day of your hospitalisation. This amount is decided at the time you buy the health insurance policy. No matter what your expenses add up to, this is a fixed amount that you will get.

So, let us say you have a health insurance policy with a fixed daily cash benefit of Rs.1,000. Now whether your expenses amount to Rs.600 or Rs.1,400, you would receive Rs.1,000 per day of your hospitalisation.

Coverage of the daily cash benefit

Your health insurance plan would include a daily cash benefit based on the daily allowance that you opt for. This could range from anywhere between Rs.250 to Rs.5000. If you are admitted to the ICU, the daily cash allowance will mostly double as per the terms and conditions mentioned in your health insurance policy. This will however depend upon your plan and the insurer that you have bought it from. So, discuss the exact coverage of the daily cash benefit with your insurance company before buying your policy. 


Original Content :- Wondering why the hospital daily cash benefit is so important in health insurance? READ THIS!




 

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