A Hospital Recovery policy offers insureds a cash benefit for an unanticipated stay in the hospital. This greatly reduces the financial burden of missing work, arranging childcare, extra housekeeping and other disruptions. The policy pays a daily benefit and independently of other insurance.
Hospital Recovery Insurance allows you to select a daily benefit amount between $100 and $900. The policy will pay up to 30 days per calendar year. For example, a daily benefit amount of $500 would provide a total annual benefit of $15,000 per year. Upon discharge cash payments are made to you for each day of a qualified inpatient hospital stay. The policy pays regardless of other insurance and the extra income can be used however needed. The application process is simple and eligibility is determined immediately.
