And your medical insurance plan may not help with some of the inevitable costs associated with a hospital stay – or with ambulance trips, outpatient surgery or a host of other expenses. Not to mention co-pays, deductibles and other out-of-pocket costs.
Hospital Indemnity insurance policy can pay much-needed cash to you or your designee in the event that you are laid up with growing expenses, providing a fixed daily, weekly or monthly benefit.
This type of cash-benefit coverage is no substitute for major medical insurance, but it helps you Hospital Indemnity Insurance Policy tend to those unexpected costs that your regular insurance doesn’t cover.