Posts Tagged ‘Health Insurance Policy’

Hospital Cash Plan!

Hospital cash plans are project to pay the policyholder a gross for everyday he or she needs when treated as an in-patient.

The hidden costs to hospital care that are not been insured by mediclaim. As like, expenses occurred on imparting by family members to and fro hospital, diet expenses, sundry expenses occurred by family member staying with patient and so on are covered by the hospital cash plan.

Hospital cash carter the insured with a early cash benefit for each 24 hours spent in the hospital. Hospital care could be due to sickness or accident.

Coverage

1. Hospital cash policies dues a daily allowance as a fixed cash benefit on hospitalization.
2. The policy can be taken along with any other health insurance policies.
3. It covers incidentals or miscellaneous expenses in case of hospitalization.

Accident Insurance Policy

The idea of health insurance was designed by Hugh the Elder Chamberlen in 1694.

A health insurance policy is a contract made between an insurance company and an individual who wishes to get insured. Here the insured one is informed, in advanced, about the cost of health care that will be covered by health plan in the contract.

The insured person has to pay a certain amount as a premium in different modes-monthly/quarterly, half yearly; for it’s health care. The contract can be renewed on an annual or monthly basis.

Nearly every person takes health insurance due to ease in availability of it.  It is quite beneficial to a person to get health insured as taking care of ourselves is not possible every time.