HOSPICASH

The hospicash insurance plan, or hospital daily cash plan, as the name implies, is an insurance plan that pays a certain amount for each day you are hospitalized. The payment amount is set at the time of policy issuance and will not change.

In the sense that it pays a fixed amount regardless of the real amount of costs, the hospital cash is a defined benefit plan. You can buy such plans as an add-on along with your existing health policy.

Typical medical insurance covers the cost of the treatment and a few more in it. But it won't help us to recover most of the money which we spent during hospitalization.

Why Hospicash is Important?

Mostly, a health insurance policy helps to recover money spent on treatment, medicines, and a few more but in hospitals, a patient needs to spend money on many things such as ambulance charges, doctor visit charges, room/bed charges, food, medicines, family travel charges and many more. These charges can’t be recovered just by typical medical insurance.

Benefits of Hospicash

A hospital cash insurance policy will calculate coverage based on the daily allowance you choose. The amount of cash available regularly ranges depending on the policy which you choose. If the insured is admitted to the intensive care unit (ICU), the hospital cash benefit allowance is usually doubled or increased by some other factor defined in the policy. Some policies often allow for a multiple of the cash allowance if the insured undergoes surgery.

How does it help?

·????????Loss of daily income while in hospital and post that

·????????In many cases, Medical insurance does not cover all expenses of hospitalization, hospicash help in this situation.

·????????Being hospitalized is depressing – get out on yourself.

At ISL, we offer very attractive plans to suit the customer’s budget. Plans can be availed by giving a missed call to +91 8448098756