About Hospital Cash Insurance

Illnesses and injuries can stem out of surprise at any given point. Although they cannot be avoided, it is best to stay prepared in advance. Hospitalization charges could vary from general health checks to procedures, leading to a fair amount of expenses. Hospital Cash Cover enables you to stay prepared thereby mitigating the expenses and charges you may have to shell out for healthcare.

Features & Benefits

  • Nominal premium amount

    You can avail the Hospital Cash Cover by beginning with an affordable premium amount of Rs. 489 per annum.

  • Country-wide policy

    Treatment procured at any place within India, no matter the complexity will be covered by Hospital Cash Cover policy.

What is Covered?

  • Insured Sum

    You can avail Rs. 1000 per day for a period of 30 days beginning with a premium amount of Rs. 489 per annum.

  • Covers a wide age group

    Individuals between 18 years of age and 65 years of age can avail themselves of this Hospital Cash Cover policy that will be applicable for a period of 1 year.

  • Daily Cash Benefit

    A daily cash allowance of Rs, 1,000 will be provided to the policyholder in case of hospitalization to cover everyday expenses. This cover is also applicable for daycare procedures.

What is not covered?

  • Hospitalization for injury from previous disability

    In circumstances of an accident that leads to an injury that is aggravated from a previous accident or disability, Hospital Cash Cover cannot be exercised.

  • Illness within 30 days

    If the policyholder falls ill within 30 days after signing up for the Hospital Cash Cover policy, they will not be applicable for accidental hospitalization. In addition, 24 hours of hospitalization is mandatory to exercise the policy.

Documents Required for the Claim

To begin the process of your claim, you will be required to submit certain documents. Ensure to submit the following documents:

  1. Your signed claim form that includes details about the damage and the claim amount

  2. The discharge summary along with the details on the complaint and the treatment.

  3. The final hospital bill including the payment receipt and the doctor’s consultation reports.

In addition, the following documents have to be submitted to process the claim:

  • UHID Number

  • Patient Name

  • Policy Number

  • Contact number

  • Name of the caller

  • DOA

  • Relationship with the proposer

  • Name of the doctor

  • Reason for admission

  • Length of stay

  • Hospital name and address

  • Hospital state and city

How to apply?

You can apply to these plans through an online application form through a simple 3-step process.

  • Visit Finserv MARKETS

    Head on to the Finserv MARKETS website.

  • Select Product

    Just select Hospital Cash Cover Policy under the section titled Pocket Insurance and VAS

  • Fill Details

    After that click on 'Apply Now' and submit the completed application form.

  • Make your payment

    Post this, you will be required to complete membership fee payment using the option you choose.

And you are good to go!

Claim Process

It is recommended to raise a claim within 48 hours of planned hospitalization and 24 hours of hospitalization. You can contact the insurer in either of the two ways:

  1. SMS: You can SMS “HEALTHCLAIM” to 575758 for a callback from Health Care Provider.

  2. PhoneCall: For immediate resolution, you can contact them through their toll-free number at 1800-2666.

FAQs

  • ✔️Will vaccination be covered under this policy?

    Unless the vaccination is included as part of the treatment under the injury, it will not be covered.

  • ✔️Can aesthetic treatments be covered under the Hospital Cash Cover policy?

    As long as the aesthetic procedures are necessary for the injury or accident, they will be covered under this policy.

  • ✔️Will pre-existing diseases be covered?

    For a period of 2 years, pre-existing conditions and diseases shall not be covered.

  • ✔️Can I submit a claim form before the policy period?

    For an accident that occurred before the start date of the policy, the insurer does not offer cover.

  • ✔️Can I process a claim before registration?

    Claims for an unregistered individual cannot be processed.