Hospital Indemnity Coverage

Hospital Indemnity Coverage Hospital indemnity insurance, also known as hospital confinement insuranc. This Coverage provides a pre-determined, fixed benefit or daily indemnity for contingencies based on a stay at a hospital or intensive care facility. hospital indemnity insurance pays a fixed benefit amount regardless of your actual medical bills. Hospital indemnity insurance is a supplemental insurance plan designed to pay for the costs of a hospital admission that may not be covered by other insurance. The plan covers employees who are admitted to a hospital or Intensive care Unit (ICU) for a covered sickness or injury. And it's available for companies with as few as two employees. Some of the most common types of hospital indemnity insurance include: -Hospital admission benefit: Pays a fixed amount for each day you are hospitalized. -Intensive care unit (ICU) benefit: Pays a higher fixed amount for each day you spend in the ICU. -Surgery benefit: Pays a fixed amount for each covered surgery you have. Accidental death and dismemberment (AD&D) benefit: -Pays a death benefit to your beneficiaries if you die as a result of an accident, or a dismemberment benefit if you lose a limb or limb function due to an accident. Some of the benefits of Hospital Indemnity Coverage is that it; helps cover out-of-pocket expenses, provides financial flexibility, complements major medical, affordable. #benewinsurance #insurtech #inclusiveinsurance #insurance #reinsurance #takaful