HOSPITAL INDEMNITY
PRODUCT OVERVIEW
Hospital indemnity insurance pays a set amount for each day that an enrollee is hospitalized, without regard to the hospital expenses incurred. This supplemental insurance policy may also include payments per ambulance trip, surgery visit, or even increased payments for more critical ailments such as cancer or stroke.
Payouts from a hospital indemnity plan can be used for whatever purpose the beneficiary chooses, because this type of plan is not connected to specific services; payments are dependent on certain events.
For seniors on a limited income, this kind of policy can offset some of the extra expenses incurred by a hospital stay, ambulance trip, etc. that are not covered by their existing coverage.
WHY AGENTS OFFER HOSPITAL INDEMNITY
Are these plans beneficial for the people in your community and the areas you serve?
Do you offer similar/competitive products?
There are many compelling reasons to offer hospital indemnity plans, such as:
You can help families with some of the most difficult decisions of their life
You can provide your clients with peace of mind, as they will know they have a health plan behind them
You’ll be serving the needs of your clients and community
You can offer a profitable product that will help your bottom line