Receive payments to help cover the cost of a hospital stay.
If you are admitted into a hospital, it doesn’t take long for the out-of-pocket costs to add up. Hospital Indemnity Insurance pays benefits directly to you if you are admitted into a hospital for care or childbirth. Benefits are paid even if you have other coverage.
You receive a benefit as soon as you are admitted and then an additional benefit based on the number of days you are confined to the hospital. The benefit increases if you are admitted and confined to an intensive care unit.
Plan Features
- Guaranteed Acceptance: There are no health questions or physical exams required.
- Family Coverage: You can elect to cover your spouse and children.
- Payroll Deduction: Premiums are paid through convenient payroll deductions.
- Portable Coverage: You can take your policy with you if you change jobs or retire.
The scenario below does not reflect the benefits of a specific Hospital Indemnity Insurance plan schedule. The benefits are generic for the purposes of this example to show how the benefit total of a Hospital Indemnity Insurance plan is calculated. The plan offered to you may provide different benefit amounts and my not cover all services. See the plan details for the benefit schedule for the plan offered to you.
