SBI Hospital Daily Cash Insurance Policy
SBI Hospital Daily Cash Insurance Plan
SBI Hospital Daily Cash Insurance Plan is a supplement to the health insurance policy, expenses like – charges for patient’s diet, patient’s attender’s lodging, food, money spent on commuting from home to hospital and back can be taken care under this plan. Thus, provides an additional protection & takes care of additional expenses which are not which are not covered in the regular health plan.
Key Features
Benefits
For each continuous and completed period of 24 hours of hospitalization;
For each continuous and completed period of 24 hours of Hospitalisation necessitated solely by reason of the said Accidental Bodily Injury. This is applicable for a maximum of 5 days per Hospitalisation subject to maximum of 10 days per Policy Period;
For each continuous and completed period of 24 hours of Hospitalisation within the Intensive Care Unit. This is applicable for a maximum of 7 days per Hospitalisation subject to maximum of 15 days per Policy Period;
- Whichever is less is payable upon completion of 10 consecutive days of hospitalization in a single admission for recovery. This benefit is payable only once in a Policy Period.
- The maximum benefit payable will be 30/60 days as stated in Insured’s schedule within any Policy Period.
- An excess equivalent to the first 24 hours Hospitalization benefit will be levied on each and every Hospitalisation during the Policy Period.
How it works
The plan offers 2 coverage options –
a. Plan: (Max coverage: 30 Days)
b. Plan: (Max coverage: 60 Days)
There are 4 options for daily benefit amount. The details as in the following table:-
| Plan: (Max coverage: 30 Days) | ||||
| Benefits | A | B | C | D |
| Daily Hospitalization benefits due to sickness | 500 | 1000 | 1500 | 2000 |
| ICU Hospitalization (max. 7 days)
(Max. 15 days per Policy Period |
1000 | 2000 | 3000 | 4000 |
| Accident hospital confinement | 1000 | 2000 | 3000 | 4000 |
| Convalescence benefit for hospitalization exceeding consecutive 10 days | Fixed lump sum amount payable - 3 times benefits payable maximum 5000, if hospitalization exceeds 10 consecutive days | |||
| Plan: (Max coverage: 60 Days) | ||||
| Benefits | A | B | C | D |
| Daily Hospitalization benefits due to sickness | 500 | 1000 | 1500 | 2000 |
| ICU Hospitalization (max. 7 days)
(Max. 15 days per Policy Period |
1000 | 2000 | 3000 | 4000 |
| Accident hospital confinement | 1000 | 2000 | 3000 | 4000 |
| Convalescence benefit for hospitalization exceeding consecutive 10 days | Fixed lump sum amount payable - 3 times benefits payable maximum 5000, if hospitalization exceeds 10 consecutive days | |||
- The benefit is in Rupees in the above table
Exclusions
A few important exclusions are:-
- Disease contracted during the first 30 days of commencement of policy
- Certain diseases/surgeries like Hernia, Hydrocele etc shall be covered after a waiting period of 1 year.
- Certain diseases like cataract, Hysterectomy shall be covered after a waiting period of 2 years.
- Joint replacement surgery shall be covered after a waiting period of 3 years except done due to an accident.
- Treatment arising from or traceable to pregnancy (whether uterine or extra uterine) and childbirth including caesarean section, and/or any treatment related to prenatal and postnatal care.
- Treatment for any mental disease / illness, psychiatric or psychological disorders.
- All expenses related to AIDS and related diseases.
- Use or abuse of any substance, drug or alcohol and treatment for de-addiction.
- “Day care Treatments” as defined under the policy are excluded from the scope of the Policy Please refer policy terms and conditions for complete list of exclusions
