While the Coronavirus scare in India has been contained as compared to other parts of the world, various illnesses do affect a large populace. For instance, the number of dengue cases witnessed an upsurge in 2019. In order to stay financially prepared for any medical contingency, signing up for a Hospital Cash Cover could be a great option.
Offered by Bajaj Finance Limited, the lending arm of Bajaj Finserv, the Hospital Cash Cover provides a daily cash allowance to take care of the day-to-day expenses. The daily cash benefit can also be availed if one is undergoing a day care treatment procedure.
Patients get ample coverage at a small premium :
When patients sign up for Hospital Cash Cover, they get coverage of up to Rs.10,000 at premiums starting at just Rs.499 per annum. He can use this to ease the financial strain of hospitalisation, in case the patient contract an illness or get injured.
In case of hospitalisation, patients get a daily cash allowance of Rs.1,000 and they can use this to tackle day-to-day expenses. When they have to deal with hefty medical bills, a daily hospital cash allowance can greatly help them to address spiralling costs. The patients can avail this benefit if they need to undergo a day care procedure as well.
A Hospital Cash Cover can truly compliment the patients regular health insurance policy. A patient can use the additional Rs.1,000 from Hospital Cash Cover to finance his expense. Another way to use Hospital Cash Cover in tandem with the regular health policy is to foot bills with the hospital cash allowance alone and preserve the no claim bonus.