Hospital Cash Policy

Hospital Cash Policy

WHY CHOOSE BAJAJ ALLIANZ HOSPITAL CASH DAILY ALLOWANCE?

Hospital expenses can burn a deep hole in your pocket and exhaust all your savings. Doctor's fees, medical bills, hospital room rent and more add to the never-ending expenses that befall us during hospitalization. This adds a financial burden on your family, along with the emotional upheaval they are already facing.
We provide a solution to avoid such a financial crisis during hospital treatment with our Hospital Cash Daily Allowance policy. This policy pays a daily benefit amount to take care of the sudden expenses during the hospitalization period. This policy is an add-on policy and cannot be purchased as a substitute for a health insurance policy.

Hospital Cash Daily Allowance comes in handy in the event of sudden hospitalization as it provides a daily cash benefit. To opt for this policy at competitive premium rates.

KEY FEATURES

Hospital Cash Daily Allowance policy provides coverage for hospitalization expenses with its extensive range of features:

Daily cash benefit:
This policy offers cash benefit payable for each day of hospitalization.

Family discount:
Avail a 5% family discount if 2 or more family members are covered under this policy. This discount is applicable on both, new as well as renewed policies.

Double cash benefit:[B]
Under this policy, the cash benefit is doubled in case of an ICU admission

[B]Sum insured enhancement:
You can upgrade the sum insured amount of your policy during renewal.

THAT'S NOT ALL, HERE ARE ADDITIONAL BENEFITS WITH YOUR HOSPITAL CASH DAILY ALLOWANCE
This Top-Up Medical Insurance Plan Provides Relief From Sudden Hospital Expenses And A Host Of Other Benefits As Listed Below:

Renewability:[B]
You can renew your Hospital Cash Daily Allowance policy for your entire lifetime.

[B]Tax saving:
Tax saving up to Rs 1 lakh under Section 80D of the Income Tax Act.*

Multiple Sum Insured Policy:
You can choose from sum insured options ranging from Rs 500 to Rs 2,500 per day.

Inclusion:

Hospital Expenses:
Provides cover in case of any treatment in a network hospital.
ICU Expenses: Provides double cash benefits in case of ICU Hospitalization.

ICU Expenses
Provides double cash benefit in case of ICU Hospitalization.

[B]Exclusion:[B]

1.Hospitalization within 30 days from the commencement of the policy.

2.Pre-existing Diseases.

3.Expense of Dental treatment or surgery.

4.Any treatment related to pregnancy or childbirth.

5.injuries arising due to natural calamities such as earthquake, volcanic eruption, etc.

6.Accident resulting from drunken driving

7. Expenses arising due to cancer and any treatment related to it.

8.Circumcision, cosmetic or aesthetic treatments of any description, change of life surgery or treatment, plastic surgery, unless necessary for the treatment of any illness or accidental bodily injury and performed within 6 months of the accident.

9.Self inflicted injury, suicide or attempted suicide.