I want to buy hospital cash benefit policy. Which company is best to buy hospital cash benefit policy with high cover? Please send me list of best companies which provide hospital cash policy.
Ans: Hospital cash is a daily benefit policy which provides the insured person with a lump sum amount in case of hospitalisation. You can use the money for meeting additional expenses or for compensating the loss of income during the period of hospitalisation.
In case you also have a comprehensive health insurance policy, the amount paid is on top of any of the insured’s existing medical benefits. Do remember that the hospital cash policy should be considered as a supplement to your existing comprehensive health insurance policy and not as a substitute.
There are several insurance companies that provide such policy, so it is advisable to go through their website and give them a call or get in touch with your trusted insurance agent.