Universal Sompo Hospital Cash Insurance Plan

What is the Plan all About?

Hospital Cash Insurance is a health policy that provides the daily allowance during your stay in the hospital. It helps you take care of out of pocket expenses related to hospitalization. This health policy is just like an addition to a basic Health Insurance Policy.

Key Features:

Get daily cash benefit during your hospitalization
Enjoy Sum Insured Enhancement
Avail premium discounts upon choosing 2/3 years policy period
Grab multiple discounts on Premium
Lifetime Renewability

Policy Benefits

Hospital Confinement Benefit as a daily allowance would be payable upon normal hospitalization for a maximum number of days as opted by you. The maximum benefit of Rs. 3,000 per day and Rs. 5,40,000 per policy period would be paid.
Intensive Care Benefit will be the double of Hospital Confinement Benefit, as per the option chosen by you.
Convalescence Benefit is available under this plan. This benefit will not be payable in case Hospital Cash Period opted by you is for 30 days or more up to 180 days.

Value Added Benefits

If you claim in two policy periods, the claims shall be payable considering available sum insured in the two policy periods, including deductibles.
Get Sum Insured Enhancement upon renewal, subject to no claims under the Policy and underwriters approval.
Avail Tax Benefit under section 80D of Income Tax Act, 1961.

Sub Limits

A Convalescence Benefit is paid upto Rs 10,000 ,if the insured member’s hospitalization exceeds 21 days.
Hospital daily cash limits range from Rs 500 to Rs 3,000

Waiting Period Clause

Initial Waiting Period: Claims arising during first 30 days of the policy start date, except accidental claims.
Specific Waiting Period: Some treatments such as Cataract, Hernia, Hydrocele, Hysterectomy, Arthritis, Sinusitis, etc. is covered after 1 year from inception date of the policy.
Pre existing Disease Waiting Period: Any pre-existing disease until 48 months of continuous policy coverage, from date of inception of the first policy.

Who can Buy the Plan?

Factor	Minimum	Maximum
Age (as on last birthday)	6 Months For Dependent Children, 18 Years For Adults	70 Years
Daily Benefit	Rs 500	Rs 3,000
Cover Type	Individual/Family Floater	-
Policy Tenure	1 Year	3 Year
Grace Period	30 Days	-
Free Look Period	15 Days	-
Riders	-	-