SBI Hospital Daily Cash Insurance Policy

Overview

Manage additional expenses with SBI Hospital Daily Cash Insurance.

The SBI Hospital Daily Cash insurance policy helps cover extra expenses related to hospitalization that are typically excluded from your basic health insurance policy. These expenses, such as food, transportation, and consumables, can quickly accumulate and become an additional financial burden on top of your hospitalization costs.

The insured individual can benefit from the SBI Hospital Daily Cash insurance policy by keeping it active through regular premium payments. A key feature is that you do not need to undergo any pre-policy medical check-up to buy the SBI Hospital Daily Cash Insurance Plan, provided you have no adverse medical history.

Continue reading to learn more about the eligibility criteria, specifications, coverage benefits, exclusions, and other details of this policy.

Specifications of SBI Hospital Daily Cash Insurance Policy

Multiple Plan Options

This policy offers two plan options for accidental injury or sickness leading to hospitalization. You can choose your plan type from:

• 30 days coverage
• 60 days coverage

Additionally, there are four options for daily cash benefits:

Daily Benefits Options

• Hospitalization benefits due to sickness:
  • Option A: INR 500
  • Option B: INR 1000
  • Option C: INR 1500
• ICU hospitalization (maximum 7 days):
  • Option A: INR 1000
  • Option B: INR 2000
  • Option C: INR 3000
• Hospitalization due to an accident:
  • Option A: INR 1000
  • Option B: INR 2000
  • Option C: INR 3000
• Convalescence benefit for hospitalization exceeding 10 consecutive days: Fixed lump sum amount payable up to 3 times the daily benefit or INR 5000, whichever is lesser.

Convalescence Benefit

Provides convalescence benefits up to INR 5,000.

No Medical Check-up

A pre-policy medical check-up is not required for individuals up to 45 years of age, provided there is no adverse medical history.

Daily Cash Benefit

Daily cash benefits are provided for hospitalizations requiring continuous support for at least 24 hours. The benefit amount can range from INR 2,000 to INR 4,000 per day, subject to the chosen plan. However, for individuals aged 60 and above, the highest payable amount is restricted to INR 500 per day for a maximum of 30 days.

Exclusions

• Hospitalization due to war, riot, strike, and nuclear weapons
• Intentional self-injury
• AIDS
• Miscarriage and abortion
• Congenital disease
• Infertility and in vitro fertilization

In a Nutshell

Maintaining good health is crucial in today's world. However, even minor health issues requiring hospitalization can lead to unexpected expenses. The SBI Hospital Daily Cash insurance policy helps cover these additional costs, such as medical transportation, consumables, food, and hospital stay, which can accumulate significantly by the time of discharge.

To learn more about the SBI Daily Hospital Cash Benefit Insurance, please contact us at 1800 4200 269.