Hospital Cash

Hospital Cash

Karur Vysya Bank has entered into an arrangement with Bajaj Allianz General Insurance to bring you Hospital Cash policy so that you and your family can now get cover for incidental expenses incurred during any period of hospitalization. This policy provides a cash allowance from Rs. 500/- to Rs. 2500/- per day in hospital.

Features
  • The policy pays a daily allowance as a fixed benefit on hospitalization.
  • The policy can be taken along with any other health insurance policy.
  • The allowance is doubled in case of ICU admission (for a maximum of 7 days).
  • Photocopy of discharge card, along with copies of reports, bills and prescriptions are required for claims to be processed.
  • It is a unique policy covering incidentals or miscellaneous expenses in case of hospitalization.
Benefits
  • Covers miscellaneous expenses incurred during hospitalization.
  • Comprehensive coverage with a nominal premium.
  • Premium amount up to Rs. 15000/- p.a. is eligible for tax exemption under section 80-D of Income Tax Act as per the existing IT law.
  • Dependent spouse and children can also be covered under this policy.
  • 5% family discount is applicable if the cover is taken for your family
Coverage
  • Sum Insured is available from Rs. 500/- to Rs. 2500/-
  • Cover available for 30 days and 60 days.